Nabarima Floating Storage Tanker At Risk Of Sinking

(Energy Analytics Institute, 17.Oct.2020) — The Nabarima floating storage unit with around 1,180,000 barrels of oil and located offshore Venezuela’s Sucre state is at increased risk of sinking, an oil union official warns. Nabarima belongs to the Empresa Mixta PetroSucre, which partners state oil company PetrĂłleos de Venezuela (PDVSA) and […]

US-Venezuela Dispute Delays Oil Storage Transfer

(Argus, 13.Oct.2020) — Italian Eni’s plan to drain a Venezuelan floating oil storage vessel considered a potential environmental risk has been delayed for weeks because of concerns over US sanctions on the Opec country. The Venezuela-flagged Nabarima floating storage and offloading unit (FSO) had been listing in August, with flooding […]

PDVSA Says Nabarima No Threat To Ecosystem

(Energy Analytics Institute, 5.Sep.2020) — Venezuela’s state oil company Petroleos de Venezuela (PDVSA) says the Nabarima floating crude storage unit located off the country’s Gulf of Paria doesn’t “constitute in any way any threat to the ecosystem of the area.” In this regard, PDVSA also said on 5 September 2020 […]