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(Reuters) A senior executive at Russia's Lukoil energy company said a project in the Congo in which it is involved would begin producing liquefied natural gas (LNG) in December, Russian news agencies reported. Lukoil Vice President Ivan Romanovsky said the initiative would produce around 600,000 tonnes of LNG per year, and that Lukoil plans to... Continue Reading →
A.P. Moller – Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, to divest Maersk Supply Service (MSS), specializing in the provision of global offshore marine services and project solutions for the energy sector. The move is part of Maersk’s strategy around integrated logistics and separation... Continue Reading →
(Reuters) Britain’s Serious Fraud Office (SFO) can seize more than $8 million of illicit cash linked to a massive Brazilian corruption scandal involving state-run oil company Petrobras, a London court ruled on Friday. The SFO successfully applied to confiscate $7.7 million and 700,000 pounds held in the London bank account of former Petrobras employee Mario... Continue Reading →
SSE Renewables, Marubeni and Copenhagen Infrastructure Partners (CIP) have submitted the Environmental Impact Assessment (EIA) Scoping Report for the array area of their Ossian floating wind farm to Marine Scotland. According to the report, the wind farm could have up to 270 wind turbines and six offshore substations. The consortium won the development rights for the Scottish... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), following best practices in Corporate Governance informs its investors and the market in general the preliminary unaudited production data for February 2023. (1) Refers to the 35% Interest held by 3R in Pescada Cluster concessions. (2) In February, approximately 60% of the gas produced... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on March 1, 2023, informs that its Executive Board has forwarded for the appreciation of the Board of Directors the following proposal for response to Letter 166/2023/GM-MME from the Ministry of Mines and Energy (MME): we carried out a preliminary study on the divestment... Continue Reading →
(OM) Drilling contracting activity has slowed in March with only a few contracts announced so far this month, according to Evercore ISI’s latest Offshore Rig Market Snapshot. This follows a “busy” February where five drillships and four jackups secured new multi-year terms. This included a new three-year contract from Petrobras for the Valaris DS-8, which was... Continue Reading →
The Brazilian Institute of the Environment (Ibama) issued the operating license for the FPSO Anna Nery, which will be installed in the Marlim field, in the Campos Basin. The document is valid for eight years. The vessel has the capacity to produce up to 70,000 barrels of oil per day and process up to 4... Continue Reading →
(OE) Offshore installation company Jan De Nul has officially started the transportation and installation contract for the construction of Ørsted’s 242 MW Gode Wind 3 and 900 MW Borkum Riffgrund 3 offshore wind farm in Germany. The first batch of three monopile foundations has left Steelwind’s yard in Nordenham (Germany) to Eemshaven (The Netherlands), which... Continue Reading →
Japan’s Marubeni Corporation has launched the first green hydrogen injection demonstration project in the natural gas distribution network of Portugal through its investment in Floene Energias, a gas distribution system operator in Portugal with over 70% of the country’s market share. According to Marubeni, in this demonstration project, Floene is transporting green hydrogen through its... Continue Reading →
Brazil Energy Insight 