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The French alternative energy company Qair has signed a memorandum of understanding with the Brazilian state of Ceará for an investment of 5.85 billion euros for the production of green hydrogen and offshore wind energy. In a statement, the Government of Ceará and Qair Brasil indicated that both projects will generate 2,600 jobs and increase... Continue Reading →
(PetroNoticias) The P-76 platform is the second production unit in the Buzios field, in the Santos Basin, to send natural gas to the continent. The activity started in June and announced today by Petrobras. The operation began after the interconnection of the ship-platform to the gas pipeline known as Rota 2, which transports production to... Continue Reading →
ExxonMobil has selected TechnipFMC and Halliburton to provide the Odassea subsea fiber optic solution for the Payara development project in Guyana. The award follows the completion of front-end engineering and design studies and qualifications. According to TechnipFMC, the Odassea service integrates hardware and digital systems to strengthen capabilities in subsea reservoir monitoring and production optimization. Halliburton... Continue Reading →
Argentina's government has launched a process to sanction a number of foreign firms it accuses of illegally drilling for oil in a disputed area near the British-run Falkland Islands, over which the South American country also claims sovereignty. The country's energy secretary Darío Martínez told reporters on Wednesday it would seek sanctions against UK-based Chrysaor... Continue Reading →
(Reuters) - Brazil President Jair Bolsonaro was not consulted or informed about state oil giant Petrobras' (PETR4.SA) decision this week to raise fuel prices, which underscores the company's independence, Chief Executive Joaquim Silva e Luna told Reuters on Wednesday. The ex-army general chosen in April by Bolsonaro to lead the company said there has not been and... Continue Reading →
(OE) Norwegian offshore vessel owner Solstad Offshore said Wednesday it had won multiple vessel contracts and extensions, with a duration of the contracts of around 1,000 vessel days in total. Solstad's platform supply vessel Normand Leader has been contracted to support a project offshore Australia. The contract is scheduled to start in Q3 2021 and... Continue Reading →
(Reuters) - Minority shareholders in Brazil's Petrobras have presented three candidates for the company's board of directors in the lead-up to the second extraordinary shareholders' meeting in just a few months, the state-run oil company said on Wednesday. José João Abdalla Filho, Marcelo Gasparino da Silva and Pedro Rodrigues Galvão de Medeiros were put forth... Continue Reading →
Determined to increase its production capacity of Diesel S-10 in the coming years, Petrobras announced new investments in the Duque de Caxias (Reduc) and Henrique Lage (Revap) Refineries. Previously, the company had already announced that it would expand another of its plants, the Paulínia Refinery (Replan). The state-owned company claims that the refining segment will... Continue Reading →
Italian oil giant Eni said Tuesday it had made a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban - 1X well is the second well drilled in CTP Block 4, following the Akoma discovery. Preliminary estimates place the potential of the Eban–Akoma complex between 500 and 700... Continue Reading →
TechnipFMC has secured its first integrated engineering, procurement, construction and installation (iEPCI) contract with Tullow Oil for the Jubilee South East development offshore Ghana. The contract covers supply and offshore installation of all major subsea equipment, including manifolds and associated controls, flexible risers and flowlines, umbilicals, and subsea structures. The company said it had utilized... Continue Reading →
