(Reuters) - Years after going head-to-head for Brazil's top job, leftist former President Luiz Inacio Lula da Silva is seriously considering ex-rival Geraldo Alckmin as a centrist running mate next year, presenting a "unity" ticket for a divided country, according to Reuters interviews. Five sources close to the politicians, who spoke on the condition of... Continue Reading →
Woodmac: Oil & gas on the rebound but tension will define 2022
Energy intelligence provider Wood Mackenzie, a Verisk business, believes that the oil and gas sector will continue to rebound in 2022, but the positive outlook will be tempered by concerns about its future. In its Global Upstream Outlook 2022, Wood Mackenzie points out the upstream industry must respond to the implications of the pledges made at COP26 and... Continue Reading →
Petrobras able to run tests to process pre- salt gas and expects to enter the market in 2022
(PetroNoticias) Petrobras can start the first operational tests to receive natural gas coming from the pre-salt at Gaslub, the former Comperj. The National Petroleum Agency (ANP) has already given the green light and authorized the start of these operations. After this phase, the tests of systems that will use natural gas to generate steam for... Continue Reading →
IEA: Oil Supply Set to Top Demand
(OE) A surge in COVID-19 cases and the emergence of the Omicron variant will dent global demand for oil, the International Energy Agency (IEA) said on Tuesday, but the broader picture is one of increasing output set to top demand this month and soar next year. "The surge in new COVID-19 cases is expected to... Continue Reading →
Brazil’s Petrobras expects to sell TBG pipeline unit in 2022
(Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA (PETR4.SA) expects to sign a deal to sell its TBG natural gas pipeline unit next year, Chief Strategy Officer Rafael Chaves said during a presentation to a Rio de Janeiro industry group on Monday. In August, Reuters reported U.S. private equity firm EIG Global Energy Partners made a... Continue Reading →
ABS Grants AiP for Bassoe Technology’s Floating Wind Turbine Foundation
American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) to Bassoe Technology for its T-Floater floating wind turbine foundation design. The foundation is designed to carry a 10 MW turbine in the harsh conditions of the North Sea. With three columns and T-shaped pontoons to allow transport of multiple T-Floater hulls on a... Continue Reading →
ABS Floating Production Life Extension Guide
American Bureau of Shipping has further developed its approach to aging offshore assets with the publication of the Guide for Life Extension of Floating Production Installations. ABS said that the guidance supported operators looking to extend the operational life of a floating production installation (FPI) by outlining clear Class requirements with a focus on safety. It... Continue Reading →
Shell spuds Namibian wildcat
Oil major Shell has started drilling an exploration well in the Orange Basin offshore Namibia using a Valaris-owned drillship. The Graff-1 well is located in Block 2913A in the Orange Basin where Shell is the operator and its partners are QatarEnergy and the national oil company of Namibia, Namcor. QatarEnergy became Shell’s partner in two exploration... Continue Reading →
Failure in Subsea Equipment Stops Production in the Manati Field
An improper closure of a valve in the submerged part of the export pipeline stopped production in the Manati Field, located in the Camamu Basin. The incident happened last Friday but was only communicated to the market today by Enauta, one of the companies that are part of the consortium that produces in the area.... Continue Reading →
Fugro’s Atlantis Dweller ready for TotalEnergies Angola gig
Fugro’s DP2 multipurpose vessel Atlantis Dweller has arrived in Luanda, the capital of Angola, ahead of an offshore survey that it will conduct for French energy major TotalEnergies. The 69.2-meter long vessel will be monitoring environmental conditions at multiple blocks off the coast of Angola to support infrastructure planning, environmental protection and resource management Fugro also recently... Continue Reading →