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(OM) Karoon Energy has issued an update on its field development programs in the Santos Basin offshore Brazil. The Noble Developer semisub has drilled and completed two Patola Field wells, PAT-1 and PAT-2, with subsea christmas trees now installed on each wellhead. Installation of the remaining subsea infrastructure, including a pipeline and umbilicals from Patola to the Cidade de... Continue Reading →
Petrobras is closer to starting exploratory activities on the Equatorial Margin. The company declared that it should start drilling wells this quarter, as detailed in its 2023-2027 Strategic Plan. The company plans to invest US$ 2.9 billion over the next 5 years in the region, with the drilling of 16 wells. The so-called Equatorial Margin... Continue Reading →
(OM) Rystad Energy reported that Guyana had a "stellar 2022" with the announcement of 10 new finds, which included a record nine new discoveries in a calendar year within the Exxon Mobil-operated Stabroek Block and one in CGX’s Corentyne tract. This success yielded estimated new cumulative recoverable resources of about 1.8 Bboe, securing Guyana pole position among countries with... Continue Reading →
(Reuters) Trinidad and Tobago's Prime Minister Keith Rowley on Friday told Parliament his government had been in touch with Venezuela following U.S. license to jointly develop a key gas field, and the first meetings to begin negotiations have been set up. The United States last week issued a two-year license allowing Trinidad to jointly develop... Continue Reading →
Norwegian energy firm Equinor and its UK partner SSE Renewables have started early scoping work to explore options for developing a fourth phase, Dogger Bank D, of the what will be the world’s largest offshore wind farm. Equinor and SSE Renewables each own 50% of the proposed Dogger Bank D development. The Dogger Bank D... Continue Reading →
(WO) – Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a mega Floating Production Storage and Offloading vessel (FPSO) to SBM Offshore in 1Q 2023. This is the third FPSO that Keppel Shipyard is delivering to SBM Offshore and will be chartered to the consortium... Continue Reading →
Petrobras is managing to further expand its geological knowledge in pre-salt areas. The company announced that it has concluded a 3D seismic survey in the Itapu field, in the Santos Basin. The survey was carried out by PXGeo do Brasil using 3D node technology. Work began in October, approximately 174 kilometers from the coast, in... Continue Reading →
(E) WindFloat Atlantic – the world’s first semi-submersible floating offshore wind farm – has been online for two years, and it’s far exceeding power output expectations. The 25 megawatt (MW) WindFloat Atlantic project ended 2022 with an electricity production of 78 gigawatt hours (GWh) – 5% more output than its first year. It supplies power to more... Continue Reading →
(Reuters) - Denmark's Orsted (ORSTED.CO), the world's No. 1 offshore wind farm developer, on Wednesday reported fourth-quarter operating profit in line with preliminary 2022 numbers but said its offshore business faced challenges. "In a year with unusual market conditions, not least the very volatile energy prices and a substantial increase in inflation, we're happy to achieve a record-high... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, regarding the pieces of news in the media, clarifies that, among the measures intended by the new management of the Company, the creation of the new Board of Renewable Energy will be considered in due course by the Executive Board and then submitted for approval by the competent corporate bodies,... Continue Reading →
Brazil Energy Insight 