ABS Launches ‘First’ Sustainability Guide for Offshore Industry

Maritime classification society The American Bureau of Shipping (ABS) on Monday launched detailed requirements for greener offshore operations in what it said was the first sustainability guide to target the offshore industry. "Developed by working with major offshore industry clients, ABS today launches a revised sustainability guide expanded with offshore asset compliance requirements.The updated ABS Guide for... Continue Reading →

August 29, 2022 0

Brazilian government evaluates holding a traditional bidding round with pre-salt areas

(PN) Even with the Permanent Offer assuming the role of the main modality of bidding for oil and gas areas in the country, the government seems not to have given up on holding at least one more traditional round with pre-salt areas. This week, the board of the National Petroleum Agency (ANP) approved the geological... Continue Reading →

August 29, 2022 0

Sinopec’s interim profit soars on stronger oil, gas prices

(Reuters) - China Petroleum and Chemical Corp, or Sinopec Corp , reported interim net income surged 10.4% to a record 43.53 billion yuan ($6.33 billion), thanks to strong oil and gas prices despite weakened domestic fuel sales. Sinopec, the world's largest refiner by capacity, reported revenues of 1.61 trillion yuan for the six months, up... Continue Reading →

August 29, 2022 0

Geophysical surveys starting at Irish 1 GW floating offshore wind project

A geophysical site survey campaign is set to begin in September at the proposed Inis Ealga Marine Energy Park floating offshore wind project in Ireland. DP Energy Ireland plans to kick off the geophysical surveys on 2 September at the site located off counties Cork and Waterford. The works will be carried out by ILV... Continue Reading →

August 29, 2022 0

Mexico continues to block Trafigura fuel imports despite regaining permits

(Reuters) - Trafigura has been prevented from bringing fuel to Mexico months after the lifting of import restrictions on the global commodities trader, federal court documents showed, underscoring the roadblocks that foreign energy companies continue to face. The Geneva-based company in April convinced a federal court judge in Mexico City to lift the suspensions, according... Continue Reading →

August 29, 2022 0

Oceaneering’s Hybrid AUV/ROV Achieves TRL 6 For Pipeline Inspection

Subsea services and technology specialist Oceaneering said Monday that its Freedom AUV, has achieved Technology Readiness Level 6 on a 1-9 scale. Oceaneering said that its Freedom, a hybrid AUV/ROV system, is the result of a long-term collaborative relationship between Oceaneering, TotalEnergies, and Chevron dating back to 2014, with Equinor joining the collaboration in 2019. ... Continue Reading →

August 29, 2022 0

Oil States Brasil signs new contract with Petrobras

(TN) Oil States Brasil announces the signing of another contract with Petrobras for subsea wellhead systems services. Services include maintenance, support, management, planning and control of equipment, tools, bases and accessories, including the supply of parts. The signed contract is part of Oil States Brasil's strategy to further diversify its portfolio, representing an increase in... Continue Reading →

August 26, 2022 0

PRIO resumes production at Frade in the Campos Basin

PRIO (PetroRio) announced that it has resumed production at the Frade field, in the Campos Basin. Operation in the area had been suspended since August 16, after a breakdown in the inert gas line of the FPSO operating in the concession. “The Company thanks all the teams involved in the work necessary for the return... Continue Reading →

August 26, 2022 0

CBO looks at IPO and buyout of competitors

(Valor) After completing what it classifies as its third wave of growth, Companhia Brasileira de Offshore (CBO) will “hibernate” to absorb the acquisition of ten offshore support vessels before starting a new expansion cycle. With 44 vessels, the company is one of the largest in the country in offering this service to oil companies. At... Continue Reading →

August 26, 2022 0

Brazil: Enauta Interrupts Oil Production from Atlanta Field as Hose Problem Detected

Brazilian oil company Enauta is having difficulties with fully restoring output from the Atlanta field in the Santos Basin offshore Brazil, but still expects the production to reach normal levels by September. Earlier this month, Enauta said it had restarted production from the offshore oil field - via the Petrojarl I FPSO - following a... Continue Reading →

August 26, 2022 0

Brazil Energy Insight

ABS Launches ‘First’ Sustainability Guide for Offshore Industry

Brazilian government evaluates holding a traditional bidding round with pre-salt areas

Sinopec’s interim profit soars on stronger oil, gas prices

Geophysical surveys starting at Irish 1 GW floating offshore wind project

Mexico continues to block Trafigura fuel imports despite regaining permits

Oceaneering’s Hybrid AUV/ROV Achieves TRL 6 For Pipeline Inspection

Oil States Brasil signs new contract with Petrobras

PRIO resumes production at Frade in the Campos Basin

CBO looks at IPO and buyout of competitors

Brazil: Enauta Interrupts Oil Production from Atlanta Field as Hose Problem Detected

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