(Equinor, 5.Jul.2022) — On behalf of the Bacalhau licence partners, Equinor Brazil has awarded Valaris, represented by Ensco UK Drilling Limited and Ensco do Brasil […]
Author: ENERGY ANALYTICS INSTITUTE (EAI)
TechnipFMC Inks $1bn FEED Contract with Equinor for BM-C-33 Project in Brazil
(TechnipFMC, 5.Jul.2022) — TechnipFMC (NYSE: FTI) has signed a Letter of Intent with Equinor Energy do Brazil Ltda., a subsidiary of Equinor ASA, for an […]
Keynote Address by OPEC Secretary General Barkindo
(OPEC, 5.Jul.2022) — Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the opening ceremony of the 21st edition of Nigeria Oil and Gas […]
QatarEnergy Selects Shell for NFE Expansion Project
(QatarEnergy, 5.Jul.2022) — QatarEnergy announced the selection of Shell plc. as partner in the North Field East (NFE) expansion project, the single largest project in […]
US Investors Form JV to Pursue Oil and Gas Projects in Venezuela
(Reuters, 5.Jul.2022) — Two U.S. investment funds on Tuesday said they formed a joint venture with a Venezuelan firm to pursue oil and gas exploration […]
NFE and Apollo Funds to Form New JV; Deal Valued at $2bn
(New Fortress Energy, 5.Jul.2022) — New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) and Apollo (NYSE: APO) today announced that they have entered into a definitive Equity […]
NFE Signs Deal with CFE to Expand Supply of Natural Gas to Baja
(New Fortress Energy, 5.Jul.2022) — New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) today announced that it has entered into an agreement with Comisión Federal de Electricidad […]
NextDecade Inks 1 MTPA LNG Sale and Purchase Agreement with China Gas
(NextDecade Corp., 5.Jul.2022) — NextDecade Corporation (NASDAQ: NEXT) announced execution of a 20-year sale and purchase agreement (“SPA”) with China Gas Hongda Energy Trading Co., […]
Amos Global Energy and Gramercy Announce a JV with Inepetrol in Venezuela
(Gramercy Funds Management, 5.Jul.2022) — Gage Venezuela Holdings LLC, a recently created partnership between Amos Global Energy Management LLC (“Age”) and Gramercy Funds Management LLC […]
NFE Inks Deal with Pemex for Lakach Field, FLNG Deployment Solution
(New Fortress Energy, 5.Jul.2022) — New Fortress Energy Inc. today announced that it has signed an agreement with Petróleos Mexicanos (Pemex) to form a long-term strategic partnership that […]
Shell Joins Qatar’s NFE LNG Expansion Project
(Shell, 5.Jul.2022) — Shell has been selected by QatarEnergy as a partner in the North Field East expansion project in Qatar, the single largest project […]
Four Companies Eye Selection Process for Combined Cycle Block in Ecuador
(Energy Analytics Institute, 4.Jul.2022) — Four companies from Spain, Finland, the Netherlands and Ecuador will prepare offers under Ecuador’s Public Selection Process (PPS) for a […]
NRGBriefs: Ecuador’s Oil Production Reaches 461,637 B/D
(Energy Analytics Institute, 3.Jul.2022) — Energy briefs including Ecuador’s crude oil production reaching 461,637 barrels per day on 3 July 2022, according to details provided […]
Argentina economy minister Guzman resigns as divisions grow
BUENOS AIRES, ARGENTINA (Bloomberg, 2.Jul.2022, Words: 683) — Argentine Economy Minister Martin Guzman resigned Saturday, marking the biggest departure of President Alberto Fernandez’s government after […]
NRGBriefs: Argentina’s Econ. Minister Resigns; Colombia’s New Environmental Minister
(Energy Analytics Institute, 2.Jul.2022) — Energy and economic briefs including Argentina’s Economic Minister Martín Guzmán resigning from his position on 2 July 2022, according to […]
Enel Américas Announces Planned Voluntary Delisting of its Notes from the NYSE
(Enel Américas, 1.Jul.2022) — Enel Américas S.A. (NYSE: ENIAY) announced that its Board of Directors has unanimously approved the voluntary delisting of its outstanding 4.00% Notes […]
NRGBriefs: EP PetroEcuador Eyes Recuperating Production
(Energy Analytics Institute, 1.Jul.2022) — Energy briefs including Ecuador’s state oil giant EP PetroEcuador eying recovery by the end of July 2022 of all the […]
S&P Confirms Ecopetrol’s Long-term International Rating
(S&P, 1.Jul.2022) — Ecopetrol S.A. (BVC: ECOPETROL) (NYSE: EC) reports that the rating agency Standard & Poor’s (S&P) confirmed Ecopetrol’s long-term international rating at BB+, […]
NEOM’s ENOWA to Boost Extreme E with Green Hydrogen Power
(NEOM, 30.Jun.2022) — Extreme E announced a multi-year relationship with ENOWA, NEOM‘s energy, water and hydrogen subsidiary, to introduce green hydrogen power to their global […]
Wintershall Dea Reinforces “Aiming for Zero Methane Emissions Initiative”
(Wintershall Dea, 30.Jun.2022) — Rapidly reducing methane emissions is an essential tool for mitigating climate change and achieving global climate goals. “The gas and oil […]
NRGBriefs: Increased US LNG Exports Could Add $73bn to US Economy
(Energy Analytics Institute, 30.Jun.2022) — Energy briefs including Freeport LNG Development, L.P. eying a partial resumption of liquefaction operations in October 2022; and the American […]
Freeport LNG Updates on Proposed Safety Order
(Freeport LNG, 30.Jun.2022) — Freeport LNG Development, L.P. provided the following statement regarding the Notice of Proposed Safety Order Issued by the Pipeline Hazardous Materials […]
Bristow Signs Long-Term Maintenance Support Agreements
(Bristow, 30.Jun.2022) — Bristow Group Inc. (NYSE: VTOL) has signed long-term, favorable maintenance support agreements with Leonardo Helicopters for airframes and Pratt & Whitney for engines […]
LG Energy Partners with Compass Minerals to Enhance Supply Chain Flow
(LG Energy Solution, 29.Jun.2022) — LG Energy Solution (LGES; 373220) is branching out in its efforts to secure supply chain of materials as it ramps […]
G-7 Leaders Favor LNG Investment in U-Turn Due to Energy Crisis
(Bloomberg, 29.Jun.2022) — Investments in liquefied natural gas — already booming as Europe seeks to cut its energy dependence on Russia — are set to […]
KAPSARC Reveals Estimates for Oil, Gasoline Demand
(KAPSARC, 29.Jun.2022) — Global oil demand is projected to record a 1.9% quarter-on-quarter growth averaging 100.6 million barrels per day by the end of the […]
Trinidad Minister Young Participates in Ministerial Roundtable
(TT MEEI, 28.Jun.2022) — Honourable Minister Stuart Young participated in the Ministerial Roundtable titled, “A Bright Future Through Energy” at the Suriname Energy, Oil and […]
ExxonMobil to Divest Montney and Duvernay Canadian Assets
(ExxonMobil, 28.Jun.2022) — ExxonMobil said its Canadian affiliates, Imperial and ExxonMobil Canada, have entered into an agreement with Whitecap Resources Inc. for the sale of […]
Strohm Supports Shell with Fast-track Delivery of a TCP Riser
(Strohm, 28.Jun.2022) — Strohm has supplied Shell with a static Thermoplastic Composite (TCP) Riser to support operations at one of its Southern North Sea assets. […]
NRGBriefs: SEOGS 2022 Kicks Off; Petrobras CEO Takes Office
(Energy Analytics Institute, 28.Jun.2022) — Energy briefs including new Petrobras CEO Caio Mário Paes de Andrade starting his new job in Rio de Janeiro; and […]
Adewole Adebayo, Candidate for President of Nigeria, visits Washington, DC
(Adewole Adebayo, 28.Jun.2022) — Prince Adebayo, who recently won the Social Democratic Party (SDP)‘s nomination for president, is visiting the US by invitation to attend […]
US Officials Return to Venezuela Amid Gas Price Hike
(AP, 27.Jun.2022) — Senior U.S. government officials have quietly traveled to Caracas in the latest bid to bring home detained Americans and rebuild relations with […]
ExxonMobil, CNOOC and Shell to Pursue CCS Hub in China
(Exxon, 27.Jun.2022) — ExxonMobil, Shell, CNOOC, and Guangdong Provincial Development & Reform Commission signed a Memorandum of Understanding to evaluate the potential for a world-scale […]
Ramps Under Pressure in Guyana 
(Trinidad Express, 25.Jun.2022) — Guyana’s local content law is likely to affect the future operations in the oil-rich South American country of one of its […]
The Simón Bolívar Foundation Releases 2021 Annual Report [PDF Download]
(Citgo, 27.Jun.2022) — The Simón Bolívar Foundation Inc., the 501(c)(3) nonprofit private foundation of Citgo Petroleum Corporation, released its 2021 Annual Report. The Foundation is dedicated […]
Heritage, Paria, and Staatsolie Ink MoU
(Heritage, 27.Jun.2022) — Earlier today, a Memorandum of Understanding (MoU) between Heritage Petroleum Company Limited, Paria Fuel Trading Company Limited, and Staatsolie Maatschappij Suriname N.V. […]
Touchstone on Trinidad Operations, Environmental Incident
(Touchstone Exploration, 27.Jun.2022) — Touchstone Exploration Inc. (TSX, LSE: TXP) provides an update on the operational progress across the Ortoire block, onshore Trinidad. Touchstone has […]
In Colombia, Natural Gas Consumption Exceeding Production
(EIA, 27.Jun.2022) — In 2020, when drought resulted in decreased hydroelectric power, Colombia imported 14.2 billion cubic feet (Bcf) of natural gas, which helped the […]
QatarEnergy Joins Aiming for Zero Methane Emissions Initiative
(QatarEnergy, 27.Jun.2022) — QatarEnergy has joined the Aiming for Zero Methane Emissions Initiative, an industry-led initiative that aims to reach near zero methane emissions from […]
Petrobras Teasers for Divestment of Refining and Logistics Assets
(Petrobras, 27.Jun.2022) — Petrobras, following up on the releases disclosed on 8 February 2021, 25 August 2021, and 1 October 2021, restarted the processes for […]
Petrobras BODs Names Caio Mário Paes de Andrade as CEO
(Petrobras, 27.Jun.2022) — Petrobras, informs that its Board of Directors, in a meeting held today, by majority vote, nominated Mr. Caio Mário Paes de Andrade […]
Petrobras Elects New CEO as Fuel Price Pressures Mount
(Reuters, 27.Jun.2022) — The board of directors of Brazil’s Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a messy […]
Saipem to Sale FPSO Cidade de Vitória for $73mn to BW Energy
(Saipem, 27.Jun.2022) — Saipem and BW Energy signed a Memorandum of Agreement (MoA) for the sale of the FPSO Cidade de Vitoria, currently owned by […]
NRGBriefs: Canacol on Colombian Operations; Perfect Storm of Soaring Inflation
(Energy Analytics Institute, 25.Jun.2022) — Energy briefs including Canacol Energy Ltd. providing details about its operations in Colombia as well as its value proposition in […]
EP PetroEcuador Comments on Impact of Ongoing Unrest
(Energy Analytics Institute, 25.Jun.2022) — Ongoing social unrest, which started on 13 June 2022, in Ecuador’s Amazon region has led to the closure of oil […]
BW LPG Carriers Complete Dual-Fuel Retrofits
(MAN Energy Solutions, 24.Jun.2022) — Oslo-listed BW LPG – an owner and operator of LPG vessels – has announced that it has converted the main […]
Petrobras Board to Discuss Selection of Caio Mário Paes de Andrade as Next CEO
(Petrobras, 24.Jun.2022) — Petrobras, following up on the release disclosed today, informs that its Board of Directors will meet extraordinarily, on 27 June 2022, in […]
NRGBriefs: Caribbean Monthly Economic Report June 2022
(Energy Analytics Institute, 24.Jun.2022) — Energy briefs including economic details not limited to inflation reaching 11.2% y/y in 1Q:22 in the Cayman Islands, Hurricane Agatha […]
Asco to Support Operations in Suriname
(Asco, 24.Jun.2022) — Global integrated logistics and materials management company, ASCO signed an agreement with Kuldipsingh Port to provide technical expertise for its supply base […]
ExxonMobil, Grieg Edge, North Ammonia, GreenH Eye Slagen Terminal in Norway
(ExxonMobil, 24.Jun.2022) — ExxonMobil, Grieg Edge, North Ammonia, and GreenH signed a memorandum of understanding to study potential production and distribution of green hydrogen and […]