Brought to you by Quest Offshore & Southern Cone Consultants
In the last 8 months, since March 2020, when the EnP Energy Platform was launched, our company has been dedicated to designing and articulating a competitive solution, contributing to the commercial viability of the gas produced on the coast of the Southeast of Brazil, both in the Pre-Salt and Post-Salt. Throughout this period, the project... Continue Reading →
Offshore drilling contractor Borr Drilling is facing a very challenging financial situation in 4Q and going into 2021 amid difficult market environment combined with payment delays for its rigs working for the Mexican oil giant Pemex. Borr Drilling has five rigs operating for Pemex offshore Mexico. According to its report on Monday, during the third... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on November 27, 2020, regarding the divestment of Petrobras Gás S.A. (Gaspetro), clarifies that the company Compass Gás Energia S.A. (Compass) was not qualified for the continuation of the divestment process of 51% of Gaspetro capital stock for not meeting the requirements of the Commitment... Continue Reading →
After having been suspended due to the adverse scenario of the Covid-19 pandemic, the 17th Concession Round of the National Petroleum Agency (ANP) will be resumed. The event will take place on October 7, 2021. The restart of the usual procedure for organizing the bid was approved this week during the meeting of the ANP... Continue Reading →
A project has been launched in the UK to explore the viability of developing an offshore charging facility for vessels as part of the industry’s efforts to decarbonize its vessel operations. Funded by the first phase of the UK Government’s Sustainable Innovation Fund, the project - led by Turbulent Simulations, alongside Aluminium Marine Consultants, the... Continue Reading →
Joint venture partners in the Corentyne block offshore Guyana – Frontera Energy and CGX Energy – have concluded collaborative discussions with the Government of Guyana concerning the rescheduling of the work commitments on the block. Frontera said on Friday that the joint venture was committed to completing its exploratory commitments in full, despite operational activities... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in relation to the news published in the media, regarding the divestment of Petrobras Gás S.A. (Gaspetro), clarifies that the company Compass Gás Energia S.A. (Compass) was not qualified for the continuation of the divestment process of 51% in Gaspetro's capital stock. This is a natural development in divestment... Continue Reading →
Offshore wind is expanding rapidly, and as turbine and project sizes grow, demand for specialized installation vessels will soar, Rystad Energy said Thursday, however, warning that the boom might lead to a shortage of offshore wind installation vessels. "The market for vessels capable of installing large offshore wind components is quickly being outpaced by growing... Continue Reading →
Malaysian state-owned energy giant Petronas warned on Friday that the remainder of the year would remain tough due to prolonged low oil prices and moderate demand recovery hampered by the coronavirus, as it recorded a third-quarter loss. "Amid the fluid operating environment brought about by the pandemic as well as prolonged volatility of oil prices,... Continue Reading →
The companies EnP, Oil Group and Porto Central, today signed (26) a memorandum of intent to develop the project of a Refinery in Espírito Santo. The event was held in Vitória, with the presence of Governor Renato Casa Grande. RefinES is being studied to be implemented in the Porto Central area, a port industrial complex... Continue Reading →
