PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of March. Key: (1) The production from the Frade field was affected due to a defect in the gas lift valve of the ODP5 well, which required a temporary interruption of the... Continue Reading →
Siem Offshore lines up multi-year gig for 2016-built oil spill response vessel in Brazilian waters
( Offshore-energy.biz) Offshore do Brasil, a subsidiary of Norway’s shipping player Siem Offshore, has won a four-year assignment in Brazil with an undisclosed company for one of its oil spill recovery vessels (OSRV). The new contract award for the OSRV Siem Marataizes is slated to begin in the second quarter of 2024. This vessel has been designed... Continue Reading →
Explainer: China’s dominance in wind turbine manufacturing
(Reuters) - The European Union will investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, the bloc's anti-trust commissioner, Margrethe Vestager, has said. Tuesday's move is the latest in a growing effort in both Europe and the United States to shield domestic clean energy industries from cheap Chinese imports, which authorities say benefit... Continue Reading →
3R Petroleum signs MOU with Enauta and Maha Offshore
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), under the terms of art. 157, § 4, of Law No. 6,404 and CVM Resolution No. 44, communicates to its investors and the market in general, following the material fact disclosed on April 1, 2024, that has signed, on this date, Memorandum of Understanding... Continue Reading →
Petrobras reports oil discovery in ultra-deep waters of the Potiguar Basin
Petróleo Brasileiro S.A. – Petrobras, informs that it has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, of Concession POT-M-762_R15. The 1-BRSA-1390-RNS (Anhangá) well is located on the coast between Ceará and Rio Grande do Norte, about 190 km from Fortaleza and 250 km from Natal, at... Continue Reading →
Axess to Deliver Cable Pull-In System for US Offshore Wind Project
(OE) Norwegian offshore energy industry services company Axess Technologies has signed a contract for the delivery of an export cable pull-in system to Seatrium, which is in charge of the construction of offshore substation for Empire Wind 1 offshore wind project in the United States. The contract is for the design, engineering and supply of... Continue Reading →
Bekaert to Develop Floating Wind Mooring Solutions Under TAILWIND Project
(offshoreWIND.biz) Belgian company Bekaert will develop new floating wind mooring systems as part of the TAILWIND project that was launched in January this year by companies from the offshore wind industry, academia and research organisations to deliver advanced station-keeping technologies for floating wind. The TAILWIND project, funded by the EU’s Horizon programme, will develop innovative... Continue Reading →
BP expects rise in first-quarter upstream energy output
(Reuters) - BP (BP.L), opens new tab said on Tuesday it expects first-quarter upstream production of both oil and gas as well as low-carbon energy to be higher than the previous three months. The London-listed oil major also expects strong results in oil and gas trading, along with a $100 million-$200 million boost from improved oil refining... Continue Reading →
BP in Talks to Sell Some Trinidad Upstream Assets to Perenco
(Reuters) BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco, according to three people familiar with the talks. BP is Trinidad and Tobago's largest natural gas producer with an output of just over 1.3 billion cubic feet per day (bcfd), most... Continue Reading →
Brazil Installs Largest Offshore Wind Resource Measurement Network in Equatorial Margin Region
(offshoreWindbiz) Brazil’s SENAI Institute for Innovation in Renewable Energies (ISI-ER) installed a LiDAR in the Paracuru municipality in the state of Ceará on 3 April, the last piece of equipment of what is said to be the largest offshore wind resource monitoring network in Brazil. Through an agreement with the Ministry of Science, Technology and... Continue Reading →