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(OE) One of the largest port-infrastructure companies Euroports and Spanish offshore wind developer BlueFloat Energy have signed a memorandum of understanding (MoU) to foster cooperation in supply chain and ports infrastructure for the delivery of offshore wind in Europe. The strategic alliance marks a significant step forward in building capabilities and infrastructure critical to establish... Continue Reading →
(OE) Oceaneering International has signed a strategic collaboration agreement with Global Design Innovation (GDi) to deliver digital asset management solutions for asset-intensive industries such as oil and gas, utilities, and power generation. The agreement Oceaneering signed through its Integrity Management and Digital Solutions group will allow the company to provide digital solutions, including a technology-focused... Continue Reading →
The U.S. Department of the Interior has unveiled proposal for a second offshore wind energy auction in the Gulf of Mexico, which would cover four areas offshore Louisiana and Texas. Totaling 410,060 acres, the next Gulf of Mexico offshore wind auction would have the potential to secured clean power for 1.2 million homes. With the... Continue Reading →
(Bloomberg) -- A new competitor has entered the race for a majority stake in Latin America’s leading petrochemical company Braskem. A third company is carrying out due diligence on the company, Chief Financial Officer Pedro Freitas said on a conference call with analysts on Tuesday, without disclosing the potential bidder’s name. Petrobras, the petrochemical’s second-biggest... Continue Reading →
(Reuters) - A promising area off Colombia's coast where Brazil state-run Petrobras (PETR4.SA), opens new tab is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, Petrobras' head of exploration and production said on Wednesday. As oil production in Brazil's prolific presalt region is set to plateau... Continue Reading →
(Reuters) - Brazil's state-run oil firm Petrobras (PETR4.SA), opens new tab may soon move a drilling rig out of the Potiguar Basin due to lack of permits for more wells, Chief Exploration and Production Officer Joelson Mendes said on Wednesday. Petrobras has drilled one well at Potiguar, and is in the process of drilling a second one,... Continue Reading →
(Reuters) - Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil (XOM.N), opens new tab and TotalEnergies (TTEF.PA), opens new tab to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday. The early-stage discussions are part of Suriname's efforts... Continue Reading →
(PN) The director of Exploration and Production at Petrobras, Joelson Mendes, said that the resilience and competitiveness of the company's portfolio of E&P areas, depending on the production profile, is more efficient due to the technological solutions developed to reduce emissions . Joelson participated in the “Global Competitiveness of Latin American Upstream” panel at CERAWeek,... Continue Reading →
(OE) Oil and gas company Enauta has confirmed that the floating production storage and offloading (FPSO) unit Atlanta started sailing towards its final location at the Atlanta Field in Santos Basin, offshore Brazil. After the conclusion of the activities in Dubai and sea trials, the unit set sail toward Brazil, with the travel time estimated... Continue Reading →
(OM) Dril-Quip and Innovex Downhole Solutions, a supplier of well life-cycle technologies and services, have agreed to merge via an all-stock transaction. On closure, Dril-Quip stockholders would own around 52% of the combined company and Innovex stockholders around 48%. The new group, with annual revenue of over $1 billion, would offer clients technical solutions for... Continue Reading →
Brazil Energy Insight 