Oil and Gas

Inspenet, February 8, 2024.
Valaris, the offshore drilling company, has begun drilling the first gas development well at Woodside’s Scarborough project, located off the coast of Australia. The platform used for this task is the VALARIS DPS-1.

Inspenet, February 8, 2024.
Ljungqvist noted that the main purpose of the investigation into the Nord Stream gas pipeline incidents was to determine whether Swedish citizens participated in the action and whether Swedish territory was used to carry out the action.

Inspenet, February 7, 2024.
Brazil has reached a new record in hydrocarbon production by 2023, with a daily average of 4.34 million barrels of oil and natural gas equivalent, as revealed by the National Oil and Gas Agency (ANP).

Inspenet, February 6, 2024.
Eni SPA has announced that it is awaiting government approval to begin construction of its third biofuel production facility in Italy, which it plans to build in the port town of Livorno.

Inspenet, February 6, 2024.
With the purpose of further expanding its exports, YPF is moving forward with an ambitious project: the construction of an oil pipeline that will extend to the coast of Río Negro, where the largest export port in South America will be built.

Inspenet, February 4, 2024.
Petróleo Brasileiro SA (Petrobras) has detected the presence of hydrocarbons in the Pitu Oeste deepwater exploration well, located in the BM-POT-17 block of the Potiguar deepwater basin, at a distance of 52 km from the coast of the state of Rio Grande do Norte, Brazil.

Inspenet, February 2, 2024.
Aconcagua Energía (AE) has added the A-302 drilling rig to its fleet, with an estimated investment of USD 3.1 million. The completion of its configuration is scheduled for the third quarter of this year and it is anticipated that it will begin its first drilling in the Cuyana Basin during that same period.

Inspenet, February 1, 2024.
The 2024 API Summit in San Antonio, Texas, closed successfully after 3 days of immersion in the challenges and advances in mechanical integrity. Various topics, from the role of women in the sector to the metallurgical analysis of natural gas pipelines, highlighted the breadth of knowledge shared.

Inspenet, January 31, 2024.
The American Petroleum Institute (API) reported on the recent publication of the latest editions of three fundamental safety standards: RP 752, RP 753 and RP 756.

Inspenet, January 29, 2024.
Mike Sommers, president and CEO of the American Petroleum Institute (API), issued a statement in response to recent reports that the Biden administration is proceeding with efforts to hinder progress on the construction of Liquefied Natural Gas (LNG) terminals in USA.