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(OE) On Friday, Australian oil and gas giant Woodside said that its Sangomar development project offshore Senegal was 82% complete and on target for first oil later this year. Once online, this will be Senegal's first offshore oil project in production. Woodside, the operator of Sangomar, said in its first quarter report that the development... Continue Reading →
(OE) German renewable energy firm RWE said Thursday it would be the first developer in the world to utilize Siemens Gamesa’s GreenerTower at its Danish offshore wind farm Thor. The tower steel plates are made of greener steel that produces at least 63 percent less CO2 emissions compared to conventional steel. According to RWE, 36 of... Continue Reading →
(OE) Oil and gas company Sintana Energy said Friday that over 50% of 3D seismic survey data has been gathered from Petroleum Exploration License 87 (“PEL 87”) and the surrounding area in the Orange Basin offshore Namibia. To remind, Australian oil giant Woodside in March signed an option agreement to acquire at least a 56%... Continue Reading →
(Reuters) SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude prices and tight supplies fueled demand for its oilfield services. Global crude prices averaged $81.24 a barrel in the January-March quarter, down nearly 20% from a year earlier but still well above a level where oil and gas producers can drill... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed a contract to expand and modernize units already in operation at Abreu e Lima Refinery (RNEST), in Pernambuco. After the completion of the works, expected for the fourth quarter of 2024, the refinery will have an increase in the total processing capacity of Train 1:... Continue Reading →
(Reuters) - Wind power may generate roughly 40% of North America's electricity by 2050, and solar power another 32%, if current and projected capacity development plans proceed as expected, data from risk assessment firm DNV shows. With hydropower expected to generate an additional 11.5% and nuclear a further 7.3%, over 90% of the region's electricity... Continue Reading →
(PN) Brazilian independent operator Enauta reached the level of 32 thousand barrels of oil equivalent produced per day, considering the production of the Atlanta fields, in the Santos Basin, and Manati, in the Camamu Basin. This amount represents a new record in the company's history. The volume also corresponds to an increase of more than... Continue Reading →
(PN) Baker Hughes announced a new and important company contract in Brazil. The company will provide CO2 compression solutions for the FPSO P-80, P-82 and P-83, which will be operated by Petrobras in the Búzios field, in the Santos Basin pre-salt. There will be six compression trains, powered by gas turbines, designed to reinject more... Continue Reading →
(OM) PGS has released the first data from its new Pacific MegaProject covering prospective areas across much of Colombia's offshore Tumaco and San Juan basins. The company has reprocessed all available data in the target area to produce a single unified and rejuvenated MegaProject dataset. This is said to provide new insights into potential petroleum system... Continue Reading →
(OM) Remazel Engineering, with work and support from Remazel Asia, has been awarded a contract for the design and manufacturing of a permanent mooring connecting system for floating offshore wind and fish farm integration application by the Chinese company LONGYUAN ZPMC, part of China Longyuan Power. This pilot project is an integrated system of a floating wind turbine and marine aquaculture, and it will be... Continue Reading →
