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TotalEnergies E&P Suriname has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to its contract for the Maersk Drilling's Maersk Valiant drillship. The contract extension is expected to start in January 2023, in direct continuation of the rig’s current work scope, with an estimated duration of 100... Continue Reading →
Allseas has won a contract with TC Energy (TCE) to install the offshore stretch of the Southeast Gateway Pipeline in the Gulf of Mexico. The 700-kilometer natural gas pipeline will run south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bocas. Allseas’ scope covers engineering and construction, as well... Continue Reading →
Brazil’s oil and gas player Enauta has restarted production from three wells located on a field offshore Brazil and expects the production to stabilise over the incoming period. Enauta revealed on Wednesday that all three wells on the Atlanta field have come into operation. The company further elaborated that this field is in the process of commissioning... Continue Reading →
(OW) Sweden-headquartered SeaTwirl has published a white paper that outlines the possibility of ‘dramatically’ increasing the power density on offshore wind farms by placing the company’s vertical axis wind turbines (VAWT) closer together. The white paper, which was commissioned by SeaTwirl from Dr. Pablo Ouro, a researcher at the University of Manchester, investigated different spacing configurations... Continue Reading →
(Reuters) - Mexico's President Andres Manuel Lopez Obrador offered to help with a key fuel in high demand across Europe, the German president told reporters in the Mexican capital on Tuesday, amid a supply squeeze following Russia's invasion of Ukraine. President Frank-Walter Steinmeier, Germany's head of state, made the comments following a meeting with Lopez... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 07/28/2022 and 08/31/2022, informs that it has carried out today the payment of the 2nd installment of the remuneration to shareholders approved by its Board of Directors in a meeting held on 07/28/2022. The gross amount distributed today corresponds to dividends of R$... Continue Reading →
(Reuters) - Maroil Trading, owned by shipping tycoon Wilmer Ruperti, has taken over sales of almost all Venezuela's exports of petroleum coke, a move that could reduce sanctions risks for clients, according to documents and four sources close to the decision. The Geneva-based company has boosted exports and customers since signing a commercial pact with... Continue Reading →
(PN) Alejandro Ponce Bueno is the new president of the company in Brazil, taking over from Mariano Ferrari, who has been at the helm of the company since 2018 and will assume the presidency of Repsol Bolivia. Alejandro has extensive experience in the oil and gas sector, where he has been operating for over 20... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 08/16/2022 and 09/08/2022, informs the beginning of the binding phase regarding the sale of 40% of its stake in the BM-POT-17 exploratory concessions, in which the Pitu well Discovery Assessment Plan is being developed (Blocks POT-M-853 and POT-M-855), and the POT-M-762_R15 Concession (Block... Continue Reading →
Offshore engineering and construction firm McDermott International said Tuesday that it secured a "significant" with TotalEnergies EP Angola Block 17/06. McDermott defines a significant contract as between USD $250 million and $500 million. The contract is for engineering, procurement, supply, construction, installation, pre-commissioning, and assistance to commissioning and start-up (EPSCI) on its Begonia project. The... Continue Reading →
Brazil Energy Insight 