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(Reuters) - U.S. oil company Chevron Corp (CVX.N) is sending two oil tankers to Venezuela, one of which will load the first cargo of crude destined for the United States in nearly four years, according to a person familiar with the matter and shipping data. On Friday, a Chevron-chartered vessel approached the South American country's waters to... Continue Reading →
(Reuters) - The nomination of a Brazilian senator and longtime energy consultant to lead Petrobras (PETR4.SA) suggests President-elect Luiz Inacio Lula da Silva wants the state-run firm to pivot to more renewable energy projects. Since 2019, Petroleo Brasileiro SA has doubled down on deep, and ultra deep-water exploration and production, while also selling off less productive assets... Continue Reading →
Sembcorp Marine has completed the delivery of the Deepwater Titan drillship, the world’s second 8th-generation drillship, to Transocean’s subsidiary Triton Titan. Following the delivery, Deepwater Titan is scheduled for deployment on a five-year contract in the U.S. Gulf of Mexico. According to Sembcorp Marine, Deepwater Titan, based on the company’s proprietary Jurong Espadon 3T design,... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 10/21/2022, informs the beginning of the binding phase regarding the sale of its onshore fiber optic network. Potential buyers qualified for this phase will receive a process letter with instructions on the divestment process, including guidelines for conducting due diligence and for submitting... Continue Reading →
Trinidad and Tobago is preparing to reject four offshore exploration bids by BP Plc and Shell, according to people familiar with the matter, because they failed to meet the government’s minimum requirements. The island nation's government plans to pursue talks with the two oil and gas companies on any willingness to improve the jointly submitted... Continue Reading →
Hywind Scotland, the first floating offshore wind farm in the world, has been running for five years now. It was put into service in 2017. Located off the coast of Peterhead, Scotland, it is the world’s first floating offshore wind farm, and, according to operator Equinor, it is also the world’s best-performing offshore wind farm,... Continue Reading →
(Reuters) Japan has resumed public auctions for offshore wind power projects under revised rules aimed at encouraging a wider range of operators and accelerating the development of infrastructure, the industry and land ministries said on Wednesday. The government has launched the second major round of auctions to select operators for four new areas capable of... Continue Reading →
(Reuters) Brazilian oil company Petroreconcavo SA has agreed to buy Maha Energy's subsidiary in the Latin American country, the companies said on Wednesday, marking another step in the Brazilian firm's ongoing expansion. According to a securities filing, Petroreconcavo will pay $138 million for 100% of Maha Brasil, which operates oilfields in the country's northeastern region,... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it has signed the Integrated Natural Gas Processing System (SIP) contract with CNOOC Petroleum Brasil Ltda. (CNOOC) and, together with Petrogal Brasil, Repsol Sinopec Brasil and Shell Brasil, partners in the Santos Basin pre-salt offshore pipelines, has concluded the process of CNOOC's adhesion to the existing contracts of... Continue Reading →
The Brazilian oil company Petrobras has launched a tender for the supply of two FPSOs for the shared reservoirs of Atapu and Sépia, with bids expected to be received in July 2023 and production to start in 2028. The offshore production units P-84 (Atapu) and P-85 (Sépia) will each have a daily production capacity of... Continue Reading →
Brazil Energy Insight 