Brought to you by Quest Offshore & Southern Cone Consultants
Sept 14, 2020 System developed by the company's Innovation Laboratory simulates conversations and handles demands for fleet repairs With a fleet of 80 tugboats, the largest in the country, Wilson Sons has developed an intelligent tool to speed up the diagnosis and services of corrective maintenance. Designed by Tuglab, the company's innovation laboratory, and by... Continue Reading →
Apache Corporation has gathered further reservoir and technical data from its Kwaskwasi-1 discovery well located in Block 58 offshore Suriname and started drilling at another location within the block. Apache announced a major oil discovery at the Kwaskwasi-1 well drilled in Block 58 in late July 2020. The Kwaskwasi-1 was drilled to a depth of approximately... Continue Reading →
Sept 14, 2020 Sweden's Alfa Laval has secured two orders to supply Framo pumping systems for two FPSOs to operate offshore Brazil. Alfa Laval did not say who the clients were but said the orders had a total value of around SEK 155 million (around USD 17,7 million). The deliveries are scheduled for 2021. The... Continue Reading →
Sept 14, 2020 Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast. BP's 2020 benchmark Energy Outlook underpins Chief Executive Bernard Looney's new strategy to "reinvent" the... Continue Reading →
September 11, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release dated June 10, 2020, informs the beginning of the binding phase regarding the sale of a part of its interest in the exploratory blocks, belonging to the concessions ES-M-596_R11, ES-M-598_R11, ES-M-671_R11, ES-M-673_R11 and ES-M-743_R11, located in the Espírito Santo Basin. Potential buyers... Continue Reading →
September 11, 2020 Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on 07/06/2020, informs the beginning of the binding phase regarding the sale of its stakes in five power generation companies: Brasympe Energia S.A. (“Brasympe”), Energética Suape II S.A. (“Suape II”), Termoelétrica Potiguar S.A. (“TEP”), Companhia Energética Manauara S.A. (CEM) and... Continue Reading →
Sept 11, 2020 The ANP board approved the review of the exploration plan for the Titã block, located in the Santos Basin pre-salt. The drilling of an exploratory well, initially planned for this year, was postponed to 2021. The extension was requested by ExxonMobil, the block's operator. “ExxonMobil cites economic impacts imposed by the pandemic... Continue Reading →
Sept 11, 2020 Only auction of oil and gas exploration and production areas of the year, the second cycle of the Permanent Offer already has a date scheduled. The Special Bidding Commission of the National Petroleum Agency (ANP) scheduled the bidding for December 3. The decision came after the commission approved a declaration of sectors... Continue Reading →
Oilfield services company Weatherford will appoint Girish K. Saligram as its President and CEO effective October 12, 2020. He will replace the interim CEO Karl Blanchard who took the role after the previous CEO Mark A. McCollum left the company in June. Blanchard will resume his role as Executive Vice President and Chief Operating Officer. The U.S.... Continue Reading →
Sept 11, 2020 Policymakers still tend to talk about the global energy transition in the future tense, as something that might or will happen in the next few decades, but the transition is already well underway and shows signs of accelerating. Global energy consumption has already been shifting from a mid-20th century system dominated by... Continue Reading →
