SISTAC Extends Contract with Petrobras for Platform Maintenance in the Santos, Campos, and Espírito Santo Basins

March 31 (TN) SISTAC, a leader in the Brazilian market for inspection, maintenance, and repair of submerged structures for the oil and gas industry, announces that the company and Petrobras have signed a contract addendum extending the provision of services on platforms located in three basins—Santos, Campos, and Espírito Santo—for another year. Initiated in April... Continue Reading →

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Renewable energy producers downsize operations in Brazil due to operational restrictions

March 31 (Reuters) - Brazil's renewable energy sector is facing severe headwinds, with major ​power generators scaling back operations and cutting jobs due to generation restrictions that the national grid ‌operator imposed on wind and solar plants in 2023, companies told Reuters. Atlas Renewable Energy, owned by Global Infrastructure Partners (GIP) under BlackRock, Newave Energia,... Continue Reading →

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Offshore CCS Moves to Reality with Agogo FPSO Pilot

March 30 (OE) Yinson Production has started operating a pilot carbon capture and storage (CCS) unit on the Agogo floating production, storage and offloading (FPSO) vessel offshore Angola, which is deemed the world’s first post-combustion CO2 capture plant installed on an offshore facility. The system has been developed in collaboration with Azule Energy and Norway-based... Continue Reading →

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ExxonMobil’s Haimara gas field to form anchor for ninth offshore Guyana project

March 30 (oilnow.gy) ExxonMobil Guyana is advancing plans for its next development offshore Guyana, with the Haimara discovery expected to serve as the anchor for the project in the southeast section of the Stabroek Block. Company President Alistair Routledge said at a recent press briefing that the development concept for that area groups discoveries from Longtail through... Continue Reading →

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