Brazil
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Wind power keeps rising across the globe, while new solar plant developments light up Louisiana and Texas.
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The contract awarded by MODEC is for the supply of gas technology equipment for installation on the project’s FPSO.
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The award is for Equinor's BM-C-33 development in Campos Basin.
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The FPSO Anna Nery is the first of two floaters set to revitalize production at the Marlim field in the northeastern part of the Campos Basin offshore Brazil.
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Supermajor down, but not out of Brazilian exploration game.
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The Agua-Marinha block is located in the Campos Basin off Brazil.
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The French operator will tie satellite field back to existing FPSO, with first oil expected in around 2 years.
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Malaysia plans to launch its 2023 bid round in Q1, hoping to exceed last year’s completion of 18 exploration wells that boasted a 60% success rate in new offshore hydrocarbon discoveries.
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The supermajor is expected to put off green-lighting the presalt project for up to 2 years.
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Petrobras will continue to operate the assets following the selldown of working interest.