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Oil transshipment operation taking place in the T-Oil terminal of Vast Infraestrutura. Photo: VAST INFRAESTRUTURA ExxonMobil has completed its first oil transshipment operation offshore Brazil in 110 years. The operation was carried out by Brazilian logistics group Vast Infraestrutura at the T-Oil Terminal in Porto do Açu, Rio de Janeiro State, involving two Suezmax tankers that transferred approximately 1 million barrels of oil from the Bacalhau pre-salt field in the Santos Basin. Bacalhau Field Phase 1 The Phase 1 development of the Bacalhau pre-salt field is located in the Santos Basin. It is the first pre-salt asset in Brazil fully developed by international operators, with Norway’s Equinor serving as the operator and ExxonMobil holding a 40% equity stake. Bacalhau FPSO In early 2020, Equinor signed a contract with MODEC for the construction of the Bacalhau FPSO (Floating Production Storage and Offloading vessel). MODEC was responsible for the full EPCI scope — Read more
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Images sourced from: Subsea7 April 1, 2026 – Subsea7 announced today that it has been awarded a “substantial contract” (valued between $150 million and $300 million) by Noble Energy EG Ltd., a subsidiary of Chevron, to perform the subsea installation scope for the Aseng Gas Monetisation Project offshore Equatorial Guinea. Chevron (through Noble Energy EG Ltd.) acts as the operator for the project located in Offshore Block I. The core of the project involves a single-well tieback connecting the Aseng gas field to the existing Alen platform. Following minor modifications on the Alen platform, the gas will be transported to the Punta Europa LNG facility on Bioko Island for monetization. The project is scheduled to supply LNG to global markets through the mid-2030s. Subsea7’s scope of work includes: The transportation and installation of approximately 19 kilometers of rigid production flowlines (primarily for natural gas transportation). The transportation and installation of approximately Read more
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Source: Coastal GasLink LNG Canada: From Groundbreaking to Production, a Canadian Energy Milestone Coastal GasLink is a project being developed by LNG Canada, a joint venture comprising Shell, Petronas, PetroChina, Mitsubishi Corporation, and Korea Gas Corporation. The Phase I pipeline is owned and operated by TC Energy and its partners, with a total length of 670 kilometres, serving as the critical energy artery connecting natural gas production areas in northeastern British Columbia, Canada, to the LNG export terminal in Kitimat. The newly launched Phase II project plans to build five new compressor stations at Parrott Lakes, Segundo Lake, Clear Creek, Raccon Lake, and Sukunka Falls, aiming to double the pipeline’s natural gas transmission capacity. On March 31, 2026, Kitimat, British Columbia — LNG Canada announced that it has formally awarded the Front-End Engineering Design (FEED) contract for the Coastal GasLink natural gas pipeline Phase II to Técnicas Reunidas, a Spanish international engineering Read more
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