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(Reuters) A top executive of Schlumberger NV (SLB), the world's largest energy services firm, on Monday predicted autonomous drilling of oil and gas wells will beat autonomous driving cars to market and create new efficiencies for oil producers. Autonomous drilling is ripe for adoption by many of the world's oil majors, Abdelah Merad, an SLB... Continue Reading →
(Reuters) - Colombia's majority state-owned energy company Ecopetrol (ECO.CN), opens new tab is analyzing its potential direct participation in the Andean country's first-ever offshore wind auction, the company said in a statement to Reuters. The government of President Gustavo Petro, Colombia's first leftist leader, has said it wants to wean the Andean country from its dependence on... Continue Reading →
(OE) The U.S. state of New Jersey has opened the fourth solicitation for offshore wind development, seeking to award up to 4 GW of new generation capacity. The application window for the fourth solicitation has been opened on April 30, and will accept application until July 10, 2024. The fourth solicitation seeks to award between 1.2 GW... Continue Reading →
(OE) Global maritime company BW Group has unveiled plans to separate BW Energy as an oil and gas exploration business from its maritime businesses, as part of corporate restructuring process. BW Group currently owns 191,903,110 shares in BW Energy, corresponding to 74.38% of the issued and outstanding shares and voting rights in BW Energy. As... Continue Reading →
(OE) Seatrium has secured a topsides integration contract from MODEC's company Offshore Frontier Solutions for the Errea Wittu floating production storage and offloading (FPSO) unit. The contract scope of work covers the installation and integration of topside modules onboard the FPSO Errea Wittu, and includes completion and commissioning support for MODEC. The FPSO will be... Continue Reading →
(OE) MODEC and JGC Corporation have completed a project to measure and quantify emissions of methane and other greenhouse gases from the FPSOs off the coast of Brazil which are chartered and operated by MODEC. It is the first time that Japanese companies have gained precise insights into the amount of major GHG emissions (methane,... Continue Reading →
Petróleo Brasileiro S.A - Petrobras, following up on the press releases published on 04/25/2024, informs the remuneration value to shareholders regarding extraordinary dividends related to the balance of December 31, 2023, updated by the Selic rate until May 2, 2024 (record date). It is important to notice that the gross dividend values per share will... Continue Reading →
In the pre-salt Santos Basin, the Tupi field reaches 15 years of operation this Wednesday (5/1), with 2.6 billion barrels of oil equivalent (boe) of accumulated production and seven units in operation. The first pre-salt field to come on stream in May 2009, Tupi is today the country's largest producing field, with an average volume... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. ("3R" or "Company") (B3: RRRP3), pursuant to article 157, paragraph 4, of Law No. 6,404 and CVM Resolution No. 44, hereby informs its investors and the market in general that, due to the default of the financial obligations of Nova Técnica Energy Ltda. ("Nova Técnica") established within the scope... Continue Reading →
(OE) Oslo-listed FPSO leasing company BW Offshore has completed the sale of its laid-up FPSO Polvo to BW Energy. The agreed price was $50 million, for which BW Energy $30 million upon the vessel transfer date, with the remaining $20 million provided as a seller’s credit by BW Offshore. BW Offshore has received the remaining... Continue Reading →
Brazil Energy Insight 