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(PN) Well drilling work in the Wahoo field, in the Campos Basin, should begin in January, when the environmental license should be issued by IBAMA. The projection was presented this week by the CEO of PRIO, Roberto Monteiro, during an event with investors. The four wells planned in the area will be drilled by the... Continue Reading →
(Reuters) Danish energy company Orsted's South Fork offshore wind farm off New York State delivered its first power to the state's power grid, according to a press release by New York Governor Kathy Hochul on Wednesday. The announcement is a bit of positive news in what has been a tough year for the nascent industry... Continue Reading →
(Reuters) Venezuelan President Nicolas Maduro said he would authorize oil exploration in an area subject to a dispute with Guyana, which said it would report his comments to the United Nations and the International Court of Justice (ICJ). Maduro's pledge to permit development around the Esequibo river came after his government held a referendum over the weekend... Continue Reading →
(MME) Brazil, represented by the Ministry of Mines and Energy, officially joined the Global Offshore Wind Alliance (GOWA). The commitment was formalized at the GOWA Ministerial Meeting, which took place during COP 28, in Dubai. The European Union, Panama and the United States state of California also joined the Alliance at the same time. Representing... Continue Reading →
The Brazilian Institute of the Environment (Ibama) granted TGS the environmental license for multi-client 3D seismic research activity in the Pará-Maranhão and Foz do Amazonas Basins, in the Equatorial Margin region. The document will be valid for three years and can be renewed. According to Ibama, TGS will be able to carry out the activity... Continue Reading →
(OM) Javier Gremes Cordero has been appointed COO of Maha Energy. Gremes will replace Alan Johnson, who leaves Maha in connection with the closing of Maha’s technical office in Calgary, Canada. All functions previously handled by the Canadian office are being transferred to Maha’s office in Rio de Janeiro, Brazil, or Maha's office that is... Continue Reading →
Following a downward trend in the number of international offshore rigs, Baker Hughes’ rig count report points out that one more rig joined the working fleet in November 2023 compared to the month before. However, the downward trajectory continues on a y-o-y basis as last month saw two units less than last year. On the... Continue Reading →
(Reuters) - Exxon Mobil (XOM.N) CEO Darren Woods' first five years at the oil company were marred by missed oil production targets, an investor rebellion and the company's biggest-ever financial loss. Redemption came this year when - aided by a share price pumped up by high oil prices - he clinched a $60 billion deal to buy shale rival... Continue Reading →
(Reuters) - TotalEnergies's (TTEF.PA) CEO gave his backing to an international pledge to triple renewable energy generation at the COP28 climate summit, calling it necessary to phase out fossil fuels and decarbonise. "It's the right way to frame the object, tripling renewables, because if we don't do that, there's no way to phase out fossil energy," Patrick Pouyanne told... Continue Reading →
(OET) Brazilian oil and gas player Enauta has brought back on stream another well at a field offshore Brazil while a third well is anticipated to return to production in the next 30 days. After Enauta found issues in the subsea pumping electrical system adopted for the FPSO Petrojarl I, the firm temporarily halted the Atlanta field’s production in July 2023. Following the... Continue Reading →
Brazil Energy Insight 