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(OE) The ABS-classed Liza Unity has received the first REMOTE-CON notation for an floating production storage and offloading (FPSO) from ABS. The notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design and construction of the offshore asset are assessed against and adhere to the ABS Requirements for Autonomous and Remote Control... Continue Reading →
(PN) Enauta is looking forward to the arrival of the FPSO Atlanta, which will enter Brazilian waters in the next few days to begin anchoring work. The vessel is scheduled to begin production in August in the Atlanta field, in the Santos Basin. The platform ship has the capacity to process up to 50 thousand... Continue Reading →
(OM In a jam-packed, standing-room-only session at the Offshore Technology Conference (OTC), Petrobras President and CEO Jean Paul Prates emphasized that synergy is the lifeblood of the industry and that collaboration with suppliers and investors will leverage the sector and pave the way for an energy transition without leaving behind workers, service providers, contractors or... Continue Reading →
(OM) The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has opened 12 blocks in the Nigeria 2024 Bid Round. According to PGS, six are on the continental shelf, four are deep offshore blocks and the other two are onshore in the Niger Delta. PGS has compiled multiclient seismic data over 10 of the blocks, from its MegaSurvey full-stack... Continue Reading →
(Reuters) - Paraguay is advancing talks with energy firms and high-ranking government officials from Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries, senior government officials for Paraguay and Brazil told Reuters. The plan being drawn up by Paraguay, reported in detail for the first time, aims to compete... Continue Reading →
(Offshore-energy.biz)Texas-headquartered offshore drilling contractor Noble Corporation is feeling buoyant over the future opportunities for its rig fleet, especially the floater segment, as the U.S.-based player anticipates a further rise in day rates and the number of long-term deals. This will enable the drilling giant to bolster its fleet utilization level. With new multimillion-dollar assignments in... Continue Reading →
(OE) Malaysia-based offshore services firm Sapura Energy has through its joint venture companies secured $1.8 billion worth of contracts with Brazil’s state-owned energy giant Petrobras for the provision of subsea services and six pipe-laying support vessels (PLSVs). Sapura Energy has through the joint ventures owned by Seabras Sapura Holding and Seabras Sapura Participações, in collaboration... Continue Reading →
(Reuters) As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight. Offshore exploration had dimmed after the U.S. shale boom ushered in new and cheaper-to-tap supplies of oil, and as past offshore... Continue Reading →
(Reuters) BP reported on Tuesday first-quarter earnings of $2.7 billion, down 40% from a year earlier and missing forecasts due to lower energy prices and a U.S. refinery outage, even as oil and gas production increased. The London-based company held its dividend at 7.27 cents per share and maintained the rate of its share buyback... Continue Reading →
(Bloomberg) -- Brazilian state-controlled oil producer Petrobras is waiting for other companies to make bids for a stake in petrochemicals producer Braskem after Abu Dhabi National Oil Co. pulled out of the running. Petroleo Brasileiro SA, as it is formally known, could also exercise preferential rights for the stake, Chief Executive Officer Jean Paul Prates... Continue Reading →
Brazil Energy Insight 