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A service for energy industry professionals · Sunday, April 6, 2025 · 800,701,865 Articles · 3+ Million Readers
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Caucasus FPSO Newswire

  • Published on 13:03 GMT

    Guyana received US$605M oil money in first quarter of 2025

    Apr 06, 2025 News Kaieteur News- Guyana’s Natural Resource Fund (NRF), the country’s oil account, received payments totaling US$605,462,893 during the first quarter of 2025. This is according to an NRF Receipt published in the Official Gazette on Saturday. …

    Source: Kaieteur News - Uncategorized
  • Published on Apr 4, 2025

    Brazil’s oil exports and exploration cast a shadow on its green ambitions

    Last year, oil overtook soy as Brazil’s main export for the first time since 2012. According to trade data published by the government, foreign oil sales totalled almost USD 45 billion in 2024, passing soy’s USD 43 billion. The value of Brazil’s crude oil …

    Source: Dialogo Chino - Neutral
  • Published on Apr 4, 2025

    Liebherr Equips Agogo FPSO with Two Offshore Cranes

    Apr 4, 2025 Crane specialist Liebherr has supplied two offshore cranes to Yinson Production, which will support the operations of Agogo floating production storage and offloading unit (FPSO) at Azule Energy’s field offshore Angola. Two offshore cranes of …

    Source: Offshore Engineer News - Neutral
  • Published on Apr 5, 2025

    School life igniting dreams in Xizang

    An aerial photo taken on Sept 4, 2024 shows the Central Primary School in Nyangpo Township, Gongbo’Gyamda County, Nyingchi City, southwest China’s Xizang Autonomous Region. – Xinhua photo LHASA (April 6): Joyful Tibetan songs echo through the mountains and …

    Source: Borneo Post - Neutral
  • Published on Apr 4, 2025

    Why Guyana’s crude oil exports must be excluded from US import tariff

    Dear Editor,  The recent US reciprocal Tariff Schedule for Guyana, 76/38 % is not trade-weighted by the amount of Guyana’s exports versus its imports from the US. It appears that Guyana has used its 76% tariff charged to the US as a revenue measure, in …

    Source: Stabroek News - Neutral
  • Published on Apr 4, 2025

    Equinor Reaches First Oil at Johan Castberg in Barents Sea

    Equinor has brought production on stream from Norway’s northernmost field. The Norwegian operator announced its Johan Castberg oil field in the Barents Sea had begun production on 31 March. It is expected to reach plateau production in the second quarter …

    Source: Journal of Petroleum Technology - Neutral
  • Published on Apr 4, 2025

    Tankers International: VLCC Market Faces a Mirage of Growth as Ageing Fleet Drags Down Supply

    VLCC specialist Tankers International is projecting effective vessel supply growth of only 1% in the next three years due to the declining usable capacity of a rapidly-ageing global VLCC fleet. With insight from the company’s proprietary fixture data, …

    Source: gCaptain - Neutral
  • Published on Apr 3, 2025

    BW Offshore’s arbitration saga with Brazilian firm ends in settlement

    Norwegian FPSO operator BW Offshore has reached a settlement with Brazil’s Prio Comercializadora, previously known as Petro Rio O&G Exploração e Produção de Petróleo, over a dispute concerning a floating production, storage, and offloading (FPSO) …

    Source: Offshore Energy - Neutral
  • Published on Apr 5, 2025

    Exxon admits to operating above production rates in EIAs

    Apr 05, 2025 News …says impact assessed using separate figure By: Davina Bagot Kaieteur News- ExxonMobil Guyana Limited (EMGL) has admitted to producing oil above the design rates of the various Floating Production, Storage, and Offloading vessels (FPSOs). …

    Source: Kaieteur News - Uncategorized
  • Published on Apr 5, 2025

    Carbon Clean's Cyclonecc Completes Landmark Industrial Deployment

    (MENAFN- The Arabian Post) Greenlogue/AP Carbon Clean has announced the successful completion of the world's first industrial deployment of its modular carbon capture technology, CycloneCC. Over a six-month period, the system achieved approximately …

    Source: MENAFN - Uncategorized
  • Published on Apr 4, 2025

    Karoon closing on Baúna FPSO acquisition

    Karoon Energy expects to close its acquisition of the FPSO Cidade de Itajaí by the end of this month. This is connected to 12 subsea wells serving the Baúna and Patola fields in the Santos Basin offshore Brazil. The FPSO, at present operated by Altera …

    Source: Offshore - Neutral
  • Published on Apr 4, 2025

    BW Energy granted production extension for Golfinho license offshore Brazil

    Brazil’s regulator ANP has extended the production phase for the Golfinho license in the offshore Espirito Santo basin by 11 years until 2042. It follows ANP’s approval last November of operator BW Energy’s field development plan.   "The extension …

    Source: Offshore - Neutral
  • Published on Apr 2, 2025

    FG urges oil giants to ramp up investments in Nigeria's oil sector

    The Federal Government has called on International Oil Companies (IOCs) to significantly increase their investments in Nigeria’s oil and gas industry, stressing that the administration of President Bola Tinubu has already provided the necessary incentives …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Apr 3, 2025

    BW Offshore gets $36m in court case settlement

    Floater specialist BW Offshore and Prio Comercializadora, previously known as Petro Rio, have settled an arbitration case dating back to 2021. In September 2021, Prio, then Petro Rio, filed a request for arbitration concerning the charter and services …

    Source: Splash 247 - Neutral
  • Published on Apr 3, 2025

    Brazilian Oil Production Increases By 1.1%

    (MENAFN- Brazil-Arab News Agency (ANBA)) Rio de Janeiro – Brazilian oil production reached 3.488 million barrels per day in February this year, according to data released on Tuesday (1st) in Rio de Janeiro by the country's oil regulator ANP . The …

    Source: MENAFN - Uncategorized
  • Published on Apr 4, 2025

    Shell’s offshore oil ships face ongoing safety problems years after massive Nigeria spill

    Shell’s oil production fleet, including the vessel at the center of a 2011 Nigerian spill, continues to show safety flaws years later, raising concerns about the risk of future disasters. Ed Davey reports for The Associated Press. In short: Internal Shell …

    Source: Environmental Health News - Left-wing
  • Published on Apr 3, 2025

    ANP extends BW Energy’s Golfinho licence production phase to 2042

    BW Energy has secured an extension for the Golfinho licence production phase, which is now set to continue until 2042. This development follows Brazilian oil and gas regulator ANP’s approval of the company’s field development plan in November 2024. The …

    Source: Offshore Technology - Neutral
  • Published on Apr 2, 2025

    Amid increased workplace accidents and deaths, more workers trained to tackle issues

    Guyana recorded 32 workplace deaths last year and amid growing safety concerns, Minister of Labour Joseph Hamilton, on Tuesday said he is confident in the ministry’s ability to promote safety in workplaces and address workplace accidents. During the launch …

    Source: News Room - Pro-Government
  • Published on Apr 3, 2025

    Why Tinubu sacked Kyari, dissolved NNPCL board

    There are strong indications that President Bola Ahmed Tinubu reluctantly approved the sack of Mele Kolo Kyari as Group Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited (NNPCL), following mounting concerns about some aspects …

    Source: Daily Trust - Label Pending

01 days 09:38:16

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