(OE) Constellation, an offshore oil and gas drilling services provider in Brazil, has secured a new contract with Petrobras for the deployment of Admarine 511, a jack-up drilling rig owned by its commercial partner ADES Holding. The rig, operated by Constellation, will be used for a campaign of Plug and Abandonment (P&A) of wells at... Continue Reading →
CIP Orders Vestas Offshore Wind Turbines for 495MW Taiwanese Project
(OE) Danish wind turbine maker Vestas has secured an order from Copenhagen Infrastructure Partners (CIP) to supply offshore wind turbines for the 495MW Fengmiao I project off the coast of Taichung in Taiwan. The order includes 33 V236-15.0 MW turbines as well as a long-term comprehensive service agreement designed to ensure optimized performance of the... Continue Reading →
Bardex Corporation, Gabriel Engineering Partner Up for Floating Wind Moorings
(OE) Bardex Corporation and Gabriel Engineering Group have signed a memorandum of understanding (MoU) to collaborate on anchor, mooring, and precision-component technologies for floating offshore wind. The partnership will investigate development of a U.K. production facility for anchor, mooring, and 'jewellery' (precision component) systems, critical to the stability and efficiency of GW-scale floating offshore wind... Continue Reading →
Petrobras informs about Chief Energy Transition and Sustainability Officer
Petrobras announces that the Chief Energy Transition and Sustainability Officer Mauricio Tolmasquim has informed the company that he has been nominated to run for the position of Board Member of Eletrobras at the Shareholders General Meeting of that company scheduled for April 29, 2025. If the election is confirmed at the General Meeting, the company... Continue Reading →
ADNOC’s XRG Acquires Galp’s Share in Mozambique Offshore Block
(OE) XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has completed the acquisition of Galp’s 10% interest in the Area 4 concession in Mozambique's Rovuma Basin. The Rovuma Basin, one of the largest gas discoveries in the past 15 years, has enabled ADNOC’s XRG access to LNG projects with a combined potential production... Continue Reading →
Petrobras contributes to the expansion of Brazil’s continental shelf by approximately 360 thousand square kilometers
A comprehensive effort to acquire and interpret geological and geophysical data from the entire Brazilian continental margin, conducted by Petrobras professionals over decades, contributed to a major diplomatic and economic achievement for the country: the expansion of the limits of the continental shelf beyond 200 nautical miles, from the baselines located on the coast in... Continue Reading →
Woodside to Shed some Trinidad and Tobago Assets for $206M
(Reuters) Australia's Woodside Energy said on Friday it would sell some assets in its offshore oil and gas project in Trinidad and Tobago to London-based Perenco for $206 million. The sale includes the Greater Angostura project's offshore production facilities and interests in the shallow water Angostura and Ruby fields, but excludes assets in the deepwater... Continue Reading →
Petrobras expands RNEST’s processing capacity with completion of Train 1 works
Petróleo Brasileiro S.A. – Petrobras reports that it has completed the modernization work on Train 1 of the Abreu e Lima Refinery (RNEST), located in the city of Ipojuca, in the state of Pernambuco. The renovation and expansion process (Revamp) received investments of approximately R$ 93 million and will expand the unit's processing capacity from... Continue Reading →
Brazil Supreme Court to put Bolsonaro on trial for alleged coup attempt
(Reuters) - Former Brazilian President Jair Bolsonaro will stand trial for allegedly conspiring to overthrow the government after he lost a 2022 election, the Supreme Court ruled on Wednesday, moving swiftly in a case that could reshape the political landscape. A five-judge panel decided unanimously to put Bolsonaro on trial. If found guilty in the... Continue Reading →
Attack on Guyana or Exxon would be ‘bad day’ for Venezuela, Rubio says
(Reuters) - It would be "a very bad day" for Venezuela if it were to attack its neighbor Guyana or U.S.-based energy giant ExxonMobil (XOM.N), opens new tab, U.S. Secretary of State Marco Rubio said on Thursday during a visit to Guyana's capital. Guyana and Venezuela are locked in a long-running dispute about which country has rights over... Continue Reading →