(TN) On June 29th and 30th, Transpetro carried out the first oil transfer operation between ships (Ship to Ship) at the Port of Itaqui, in Maranhão. The company was already transshipping diesel and gasoline at the São Luís Terminal. With the operation, the Port of Itaqui returns to handling oil after 40 years, which demonstrates... Continue Reading →
Trident Energy Ready to Restart Drilling Off Equatorial Guinea
(OE) U.K.-based oil and gas company Trident Energy has welcomed Noble Corporation’s Noble Venturer drillship for a new drilling campaign offshore Equatorial Guinea, expected to begin shortly. Trident Equatorial is the operator of Block G in the Ceiba and Okume complex fields offshore Equatorial Guinea. The drilling campaign, which is expected to recommence shortly with... Continue Reading →
BOEM Approves COP for Avangrid’s New England Wind Projects
(OE) The U.S. Bureau of Ocean Energy Management (BOEM) announced its approval of Avangrid's New England Wind Construction and Operations Plan (COP), which authorizes construction and operation of two wind energy projects. This is the final approval of these two projects from BOEM, following the agency’s April 2024 Record of Decision. The approval will permit... Continue Reading →
Maersk Forms Dedicated Offshore Wind Installation Business
(OE) Denmark-based A.P. Moller - Maersk has launched a dedicated division to provide installation services to the growing offshore wind industry. Maersk Offshore Wind has been formed as a spin off from Maersk Supply Service (MSS), which was acquired by Norwegian offshore supply vessel company DOF Group in a $1.11 billion in a cash and stock... Continue Reading →
DOF Group to Acquire Maersk Supply Service for $1.11 Billion
(OE) Norwegian offshore supply vessel company DOF Group on Tuesday announced it has entered into an agreement to acquire Denmark-headquartered Maersk Supply Service (MSS) for $1.11 billion in a cash and stock deal.The combined company, operating under the DOF Group name and brand, will be a leading offshore service provider with comprehensive scale and a... Continue Reading →
Petrobras informs about transfer of minority stake in UEG Araucária S.A. (UEGA)
Petrobras, following up on the release disclosed on February 23, 2024, in which it reported the signing of the contract for the sale of its 18.8% stake in the share capital of UEG Araucária S.A. (UEGA) to Ambar Energia S.A., announces today that it has closed the transaction. This transaction was carried out by Petrobras... Continue Reading →
Brazil National Production of oil and natural gas increased in May and reached 4.234 million barrels of oil equivalent per day (boe/d)
(TN) ANP released today (2/7) the Monthly Oil and Natural Gas Production Bulletin for May 2024, which provides consolidated data on national production. This month, there was an increase in oil and natural gas production, and also in pre-salt production.Total production (oil + natural gas) was 4.234 million barrels of oil equivalent per day (boe/d).Regarding... Continue Reading →
DNV to Verify Power Production of Iberdrola’s 496MW Offshore Wind Farm
(OE) Independent energy expert and assurance provider DNV has been chosen by Spanish company Iberdrola to perform power curve verification at the Bay of St. Brieuc offshore wind farm, employing advanced nacelle lidar technology. Situated 16 kilometers off Cap Fréhel in the Bay of St. Brieuc in the Côtes-d’Armor distric, the farm is notable for... Continue Reading →
Oil majors show interest in Galp’s Namibia oil prospect, sources say
(Reuters) - More than 12 oil companies, including Exxon, Shell and Brazil's national oil company, have expressed interest in buying a 40% stake in Galp Energia's major oil discovery offshore Namibia, sources close to the sale process said. Galp's Mopane discovery, which is estimated to hold at least 10 billion barrels of oil and gas equivalent,... Continue Reading →
Petrobras (PBR) Puts Off the Barracuda-Caratinga FPSO Tender
(Zack's) Petrobras PBR, the state-controlled oil company in Brazil, has once again delayed the bid submission deadline for chartering a floating production, storage and offloading (FPSO) vessel aimed at revitalizing operations in the Barracuda-Caratinga field within the Campos Basin. This recurring postponement reflects PBR's ongoing challenges in garnering sufficient interest from floater companies for its bidding... Continue Reading →