(OE) Offshore wind turbine maker Siemens Gamesa said Friday that its giant 14MW SG 14-222 DD offshore wind turbine prototype had started delivering power to the grid. The prototype has been installed in Østerild, Denmark. "We are excited to announce that our SG 14-222 DD prototype is now producing power to the grid! What an... Continue Reading →
Constellation Signs Contract with Petrobras
(PetroleoHoje) Drillship Amaralina Star will operate dedicated to the Roncador field, from the end of 2022. Constellation and Petrobras signed a charter contract for the unit for a period of two years, with possibility of extension for another 365 days. Constellation presented the best daily rate in Petrobras' bid to contract a rig for the... Continue Reading →
Porto Central signs MOU with Votu Winds and targets offshore wind and green hydrogen
Porto Central signed a Memorandum of Understanding with Votu Winds, a company that plans to install a complex of offshore wind farms in the southern coastal region of the State of Espírito Santo. The port terminal is a project being built in the south of Espírito Santo, on the border with the State of Rio... Continue Reading →
3R Petroleum – Renegotiation of Gas Contracts in the Potiguar Basin
RENEGOTIATION OF GAS CONTRACTS IN THE POTIGUAR BASIN 3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) informs its investors and the market in general that, through its subsidiaries 3R Macau S.A. (“3R Macau”) and 3R Pescada S.A.[1] (“3R Pescada”), signed on December 8, 2021 amendments to the purchase and sale agreements of pre-processed natural... Continue Reading →
Seatankers Group takes interest in Valaris
Norwegian billionaire John Fredriksen’s Seatankers Group has acquired an interest in Seadrill’s rival offshore drilling contractor Valaris. Namely, Famatown Finance, a company indirectly controlled by trusts settled by John Fredriksen and a member of the Seatankers Group, has accumulated through open market transactions approximately 5 per cent of the common shares of Valaris. Famatown pointed out that the... Continue Reading →
Brazil Energy Council Puts 11 Pre-salt Blocks on Permanent Offer
Brazil's energy policy council CNPE authorized oil regulator ANP to put 11 pre-salt blocks in the Campos and Santos basins up for sale permanently, with a total signing fee estimated at 1.3 billion reais ($233 million), the government said on Thursday. That system until now had been used for areas with less potential and did... Continue Reading →
Oil prices on track for big weekly gain
(Reuters) - Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over the Omicron coronavirus variant's impact on global economic growth and fuel demand. The Brent and WTI benchmarks were both on course for gains of about 7% this week, their first weekly gain... Continue Reading →
Royal Dutch Shell shareholders expected to approve move to London
(Reuters) - Royal Dutch Shell PLC (RDSa.L) shareholders are expected to vote on Friday to approve a plan to end the company's dual share structure and move its headquarters to London from The Hague. The Anglo-Dutch company's board members presented the plan in November. They said the simplification would strengthen Shell's competitiveness and make share buybacks and paying... Continue Reading →
Excelerate Energy FSRU Starts Operations in Brazil
(OE) Excelerate Energy has started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal (TR-BA) in Salvador, Bahia, in Brazil. Excelerate's floating storage and regasification unit (FSRU) Excelerate Sequoia, which has an LNG storage capacity of 173,400 cubic meters, is providing regasification services at TR-BA. The terminal has a regasification capacity of... Continue Reading →
TechnipFMC Lands Three Flexible Pipe Frame Deals with Petrobras
Oilfield services giant TechnipFMC has signed three flexible pipe frame agreements with Brazil's Petrobras. "Altogether, the frame agreements form a large contract for TechnipFMC," the company said. For TechnipFMC, a “large” contract is between $500 million and $1 billion. The contracts were awarded as part of Petrobras’s drive to increase oil recovery in its brownfield... Continue Reading →