Brought to you by Quest Offshore & Southern Cone Consultants
(Reuters) President Luiz Inacio Lula da Silva on Wednesday threw his weight behind a push by state-run oil company Petrobras to explore the environmentally sensitive offshore Equatorial Margin, saying Brazil cannot give up such an opportunity. The offshore region along the northern coast is seen as Brazil's most promising frontier for oil exploration as it... Continue Reading →
(OE) Brazilian oil and gas company Enauta has decided to stop production from the Petrojarl I floating production storage and offloading (FPSO) to perform modifications related to selected equipment maintenance after inspections at the process plant at the Atlanta field, offshore Brazil. According to Enauta, Atlanta field production is expected to be resumed in the... Continue Reading →
(OE) RWE has selected Argeo, a subsea service provider, to perform the site investigation work for Canopy offshore wind farm, a 1.6 GW floating wind project located off the coast of Northern California. The site investigation survey is a key milestone in the development of RWE’s first commercial scale floating offshore wind farm. The planned... Continue Reading →
(OM) The Zama Unit partners Wintershall Dea, Pemex (operator), Talos Energy and Harbour Energy have awarded the front-end engineering and design contract (FEED) for the development of the Zama oil field to the French engineering company DORIS. The FEED work will be based on the scope of the Unit Development Plan approved by the Mexican Hydrocarbon Commission... Continue Reading →
(OE) Viridien, formerly CGG, has made a sale of its Marlin vessel monitoring and alert system to ExxonMobil Guyana to support its offshore operations in Guyana. The sale was made through Viridien’s Sensing and Monitoring business line, marketed under the Sercel brand. As part of the wider Sercel Marlin software suite for optimizing offshore operations,... Continue Reading →
(OE) Norwegian offshore vessel owner Solstad Offshore has secured multiple contracts with Petrobras, whose combined value is approximately $240 million (NOK 2.6 billion). The contracts are scheduled to start in the second half of 2024 and first half of 2025. Petrobras has contracted the construction support vessel (CSV) Normand Poseidon and two anchor handling tug... Continue Reading →
(OE) Italian oil giant Eni has completed the sale of 10% of the share capital of Saipem, securing a little over $420 million (€393 million) in proceeds. The settlement of the transaction will take place on June 14, 2024, Eni sad. Following the placement, carried out through an accelerated bookbuilding aimed at institutional investors, Eni... Continue Reading →
(OE) Zeevonk, a joint venture of Copenhagen Infrastructure Partners (CIP) and Vattenfall, has secured a permit to build 2 GW offshore wind farm in the Netherlands, which will be co-located with floating solar farm and feature green hydrogen production system. The IJmuiden Ver Beta project will include a 50 MWp floating offshore solar farm on... Continue Reading →
(Offshore-energy.biz) Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investment to ramp up global transformer production, is expected to enable Hitachi Energy to meet... Continue Reading →
Petróleo Brasileiro S.A – Petrobras, following the Material Fact of 05/13/2024, informs that, as a result of the share buyback program, there was a change in the number of treasury shares. Thus, the gross value of dividends and interest on equity per share to be paid based on the balance sheet as of March 31,... Continue Reading →
Brazil Energy Insight 