Brought to you by Quest Offshore & Southern Cone Consultants
(ANP) In April, Brazil produced 2.999 MMbbl/d (million barrels per day) of oil, an increase of 0.6% compared to the previous month and 0.8% compared to April 2021. 137 MMm3/d (million cubic meters daily) of natural gas, an increase of 1.8% compared to March and 4.1% compared to the same month of the previous year.... Continue Reading →
(Reuters) - The Mexican government is close to reaching a deal with U.S.-based Talos Energy over the future of a potentially lucrative shared crude discovery, the president said on Friday. The handling of Zama, a deposit holding some 900 million barrels and located offshore in the southern Gulf of Mexico, which provoked a battle over... Continue Reading →
(PN) The Brazilian Institute of the Environment (Ibama) granted the installation license for the P-71 platform, which will be installed in the Itapu field. The unit is part of the replicating platform family and will have a production capacity of 150,000 barrels per day. Petrobras had requested the license to install the platform in September... Continue Reading →
(Reuters) The Guyanese economy has recovered well after the COVID-19 pandemic thanks to an oil boom, the International Monetary Fund (IMF) said on Friday, but the country must be wary of over-dependence on oil income. The tiny South American nation has an ambitious oil development plan that has followed over 30 oil and gas findings... Continue Reading →
(Reuters) Tenaris SA , a global manufacturer of steel pipes, said on Thursday it will pay $78.1 million to resolve U.S. probes into its alleged payment of bribes to win business from Brazil's state-owned oil company Petrobras. The Luxembourg-based company will pay a $25 million civil fine plus $53.1 million in disgorgement and interest to... Continue Reading →
(OE) The Petroleum Safety Authority Norway (PSA), the Norwegian offshore safety watchdog, has consented to Equinor taking the Hywind Tampen floating offshore wind farm into use, as the first turbine set sail to the offshore location. Equinor’s 88MW Hywind Tampen will be the world’s largest floating offshore wind farm once completed later this year. It... Continue Reading →
African hydrocarbon producing countries are increasing oil and gas licensing rounds to be able to stabilize supply of hydrocarbons in years to come to meet growing energy demand as output in legacy projects declines. The introduction of more oil and gas exploration and production licensing rounds across Africa will enable the continent to make new... Continue Reading →
N-Sea has commenced geophysical, (limited) UXO and environmental surveys within the area of the White Cross floating offshore wind project in the Celtic Sea The activities, which began on 29 May, will see the company survey the offshore wind farm location and the project’s export cable route corridor. Offshore works will be completed by N-Sea... Continue Reading →
AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has brought in the second of three Suezmax second-generation dynamic positioning (DP2) shuttle tankers, purpose-built for a long-term charter with Petrobras for operations in Brazil. Back in February 2020, AET inked a charter deal with Petrobras for three Suezmax DP2 shuttle tankers and the first... Continue Reading →
Dutch marine services and dredging firm Boskalis said Friday that the price proposed by HAL Holding for the acquisition of all remaining shares of Boskalis wasn't unreasonable, but also not sufficiently convincing to recommend the price to its shareholders. HAL Holding on March 10 announced plans to launch a takeover offer for Boskalis' all remaining... Continue Reading →
Brazil Energy Insight 