(Reuters) - African countries will use the COP27 climate talks in Egypt next month to advocate for a common energy position that sees fossil fuels as necessary to expanding economies and electricity access, the continent's top energy official said on Tuesday. The African position, criticised by environmental groups, could overshadow global climate talks in Sharm... Continue Reading →
France starts process to fully nationalise power group EDF
(Reuters) - France on Tuesday started the process to fully nationalise debt-laden nuclear power group EDF (EDF.PA), seeking to secure greater control of its energy supplies just as Europe scrambles to replace Russian gas. The Paris government filed an offer with the market regulator to buy all shares in the group it does not already own... Continue Reading →
Petrobras on P-82 construction contract
Petróleo Brasileiro S.A. – Petrobras informs that today it signed a contract with Sembcorp Marine Rigs & Floaters for the construction of the P-82 platform, as a result of the advancement of the Búzios field development project, in the Santos Basin pre-salt area. The P-82 will be of the FPSO type and will have the... Continue Reading →
Eco Atlantic Starts Operations at Gazania-1 Wildcat Offshore South Africa
(OE) The Island Innovator semi-submersible drilling rig has arrived on Block 2B offshore South Africa, and is set to start operations on the Gazania-1 exploration well. The Gazania-1 exploration well is being drilled in approximately 150 meters of water and is located 25 kilometres offshore the Northern Cape in the Orange Basin. The Orange Basin... Continue Reading →
Veolia Water Technologies’ Seawater Treatment Process Module for One Guyana FPSO
(OE) Veolia Water Technologies has won a multi-million dollar contract to supply a seawater treatment process module for the One Guyana FPSO, that will operate in the ExxonMobil-operated Stabroek block, offshore Guyana. The Yellowtail - SBM Offshore/McDermott Joint Venture (YTSM JV) awarded the contract to Veolia's subsidiary VWS Westgarth. The award is for the design,... Continue Reading →
Shearwater to deliver next-gen dual ROV seismic vessel
Shearwater GeoServices is set to deliver the next-generation deepwater dual ROV ocean bottom node (OBN) deployment vessel to the industry. The vessel, under Shearwater ownership and management, is expected to be available to clients early in the second quarter of 2023 following the conversion of the SW Tasman multipurpose vessel. Ulstein Design & Solutions, the... Continue Reading →
Valaris Secures Rig Contract Extensions Worth $95M
Offshore drilling company Valaris has secured new contracts and contract extensions worth $95 million in total. The contracts were awarded subsequent to the issuing of Valaris' most recent contract awards and fleet status update on September 1, 2022. The contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements. In Brazil, TotalEnergies... Continue Reading →
OneSubsea to install Christmas trees in Petrobras fields
A new and very important contract for OneSubsea. The company announced that it signed an agreement that contemplates the installation of 12 underwater Christmas trees in fields that are operated by Petrobras. The contract is valued at between $100 million and $150 million. In addition, OneSubsea is very close to signing another major contract with... Continue Reading →
Petrobras Taps Shearwater for Large OBN Survey Offshore Brazil
Shearwater GeoServices Holding AS said Monday it had won a contract in Brazil for a large deepwater ocean bottom node (OBN) survey. The company will conduct the survey over the Petrobras-operated Grand Iara Project, involving the Berbigão, Sururu, and Shared Reservoir of Atapu, in the Santos Basin offshore Brazil. The project is scheduled to start... Continue Reading →
Lula and Bolsonaro in the second presidential round, their proposals for the energy sector
(PN) The decision on who will run the country for the next four years will be decided on the 30th. With 99.90% of the votes counted, former president Luiz Inácio Lula da Silva (PT) has 48.41% of the valid votes, against 43.22% of his opponent, the incumbent president Jair Bolsonaro. The counting of votes showed... Continue Reading →