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(Reuters) -Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday. Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy. It aims to have 35 gigawatts (GW) of gross renewable... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on May 4, 2020, informs that it signed today with V2I Transmissão de Energia Elétrica S.A., with Vinci Infraestrutura Gestora de Recursos Ltda. as manager, a contract for the sale of the totality of its stake of 49% in Eólica Mangue Seco 1 –... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras reports that it has registered records in its 2020 annual oil production and total annual production (oil and gas) of, respectively, 2.28 million barrels per day (bpd) of oil and 2.84 million barrels of oil equivalent per day (boed). The previous records occurred in 2015 and were 2.23 million bpd... Continue Reading →
(BUSINESS WIRE)--GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Ecuador, Chile, Brazil and Argentina, today announced its operational update for the three-month period ended December 31, 2020 (“4Q2020”). All figures are expressed in US Dollars. Growth... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on June 12, 2020, informs that it signed today with V2I Transmissão de Energia Elétrica S.A., with Vinci Partners Investimentos Ltda. as manager, a contract for the joint sale with Wobben Windpower Indústria e Comércio Ltda (Wobben) of all of its stakes (51% Wobben... Continue Reading →
The 17th Bidding Round under the concession regime will offer 96 offshore exploratory blocks in the Campos, Pelotas, Potiguar and Santos basins. The maps of the sedimentary basins with the sectors where these explorations are located are on this page and the originals can be obtained at http://rodadas.anp.gov.br/pt/17-rodada-licitacao On 9/9/2020 Resolution No. 7 of 8/18/2020... Continue Reading →
This week Petrobras launched a bidding process for chartering one or more vessels for supply, towing and anchor handling (AHTS). The scope of the tender will be national and the deadline for sending proposals has already started. The opening of the bidders' envelopes is scheduled for January 27th. The contract term to be granted by... Continue Reading →
Taking the power to where you want it is another option – perhaps not for compression or pumping system, but potentially for monitoring, inspection, and even intervention systems, such as resident robotics concepts. It’s an idea some have been looking at, such as Ocean Power Technologies, which recently won a DeepStar project award to study... Continue Reading →
Economic recovery. Climate change. Racial equity. COVID-19. These four issues are at the core of President-elect Joe Biden’s Day 1 priorities. Separately, each issue seems like a monumental challenge with no easy solution. But there is a path forward for each priority offered by America’s offshore energy industry. The continued success of U.S. offshore... Continue Reading →
Saudi Arabia’s announcement that it will reduce oil output by 1 million barrels per day in February and March has boosted prices and helped paper over divisions within the producer alliance, at least temporarily. The unilateral cut, announced on Tuesday, reaffirms Saudi Arabia, rather than the Organization of the Petroleum Exporting Countries (OPEC) or the... Continue Reading →
