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2012-built rig at designated spot: Petrobras sets the stage to secure go-ahead for drilling ops

Following the arrival of a drillship at its drill site, Brazil’s state-owned oil and gas giant Petrobras is getting ready to embark on the pre-operational assessment, as the final stage of the licensing process for drilling a deepwater well in Amapá. The post 2012-built rig at designated spot: Petrobras sets the stage to secure go-ahead for drilling ops appeared first on Offshore Energy.

Methanol and ammonia shipping fuels are becoming a reality, new report shows

There has been a rapid progress in the development of methanol and ammonia as zero-emission fuels, however, technology readiness is not enough in and of itself to drive the change needed at the pace required, a new report released by the Global Maritime Forum finds. The post Methanol and ammonia shipping fuels are becoming a reality, new report shows appeared first on Offshore Energy.

$19 billion Santos takeover in limbo: Four-week deadline extension looms as talks continue

Santos is facing a multi-week extension of the deadline for the negotiations surrounding an $18.7 billion non-binding indicative offer made by a consortium spearheaded by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle.  The post $19 billion Santos takeover in limbo: Four-week deadline extension looms as talks continue appeared first on Offshore Energy.

Mexico’s large-scale LNG export terminal strikes another 20-year offtake deal

Amigo LNG, a Mexican joint venture between Texas-based Epcilon LNG and Singapore’s LNG Alliance, has landed a definitive multi-year sales and purchase agreement (SPA) with Gunvor Singapore, an independent commodity trading house, for the supply of liquefied natural gas (LNG) from its liquefaction facility under development on Mexico’s West Coast. The post Mexico’s large-scale LNG export terminal strikes another 20-year offtake deal appeared first on Offshore Energy.

Ammonia ‘ready for piloting’ in shipping but needs stronger support | Ammonia

Ammonia is ready for piloting in shipping and methanol for low-carbon operations according to a new Global Maritime Forum report. But both require a concerted push if they are to be mature enough to rapidly scale from around 2030, in line with industry targets, the From pilots to practice: Methanol and ammonia as shipping fuels report notes. It finds the key area to be addressed is the fuel supply chain – in the case of methanol, enhancing the availability of green molecules; for ammonia, validating and rolling out commercial ammonia bunkering at key ports. Jesse Fahnestock, Director of Decarbonisation at the Global Maritime Forum, said we have seen excellent progress in the development of zero-emission fuels and technologies over recent years, with methanol and ammonia having now shifted from potential solutions towards initial scale and… Read More »Ammonia ‘ready for piloting’ in shipping but needs stronger support | Ammonia