Marine engineering and maintenance specialist Royston has completed service and repair works on essential diesel power units onboard TechnipFMC’s Deep Blue vessel. Royston’s team of engineers completed a 12,000-hour overhaul on a MAN 32/40 main generator onboard the 200-meter long TechnipFMC’s Deep Blue vessel, while it was in transit from Las Palmas to Rio de... Continue Reading →
Head of Mexico’s oil regulator quits
(OE) Mexican senators will consider a new head of the country's powerful oil regulator, according to legal announcements to lawmakers dated Wednesday and Thursday, after the current head abruptly resigned. National Hydrocarbons Commission (CNH) President Rogelio Hernandez resigned effective at the end of last month, well before his seven-year term was set to expire in... Continue Reading →
Petrobras on the sale of the Albacora field
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on11/05/2021, informs that its Executive Board approved today the end of the competitive process for the sale of the Albacora concession, which will be maintained in its entirety in Petrobras' portfolio. The company was negotiating with PetroRio S.A. for the sale of the field.... Continue Reading →
The Brazilian North and Northeast Basins could be the country’s new great oil frontier
(TN) The basins of the North and Northeast of Brazil may be the new great frontiers of the country's oil. WesternGeco has announced a new “Reimaging” project of 60,000 kilometers of high resolution 2D data in the Brazilian Equatorial Margin, covering the Foz do Amazonas, Pará-Maranhão, Barreirinhas and Ceará basins. The project will apply advanced... Continue Reading →
Brazil refinery plans from Lula camp would face big obstacles
(Reuters) - Opposition proposals to roll back the initial privatizations of Brazilian refineries would run into stiff resistance from their new owners, with sale contracts offering no room for reversal, three people with knowledge of the matter told Reuters. Advisors to leading presidential candidate Luiz Inacio Lula da Silva have floated the idea of buying... Continue Reading →
Momentum Buildup Continues for US Offshore Wind
(OE) Once again, the events of the last month have shown that the impetus to continue to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050. Attractive federal incentives are... Continue Reading →
Guyana oil producers ramp up exports to thirsty European refiners
(Reuters) - Oil producers in Guyana are boosting exports to European buyers seeking alternatives to Russian crude, according to vessel monitoring data. Government bans on Russian oil since the invasion of Ukraine have spurred demand for alternative crudes, and Guyanese oil fits refiners from Britain to Italy better than rival Latin American grades do. So... Continue Reading →
SOFEC Joins FWS ’23 Key Stakeholders!
Floating Wind Solutions is proud to welcome SOFEC as a Gold Level Sponsor & Exhibitor!SOFEC, celebrating 50 years of service as industry leader in Moorings and Fluid Transfer systems, maintains a strong focus on health, safety, integrity, people, and performance, design and delivery of mooring solutions for the global offshore energy industry. SOFEC has more than 10... Continue Reading →
Water injection pumps to help increase oil recovery offshore Guyana
(WO) Guyana has some of the world's biggest offshore discoveries made in years, with 10 billion barrels of recoverable oil and gas starting to come online since 2019. These offshore reserves are being extracted using floating production, storage and offloading (FPSO) vessels, which are connected to well-heads on the seabed. Sulzer has delivered 11 high... Continue Reading →
Oil boom falls flat in Latin America, despite having a fifth of the world’s reserves
(WO) From Saudi Arabia to West Texas, drillers are pumping more oil to cash in on a scorching price rally. But a region that’s home to a fifth of the world’s crude reserves is mostly missing out. All over Latin America, the upside of $100 crude has been blunted by nationalist policies that tightened government control of... Continue Reading →