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China-based Wison Offshore & Marine has awarded NOV's APL a contract to supply a Submerged Swivel and Yoke (SSY) system for deployment in shallow waters offshore West Africa. APL said the SSY would be used as a mooring and gas export solution for an FLNG floater producing liquefied natural gas (LNG) for global export, while... Continue Reading →
(Reuters) Nigeria's state-owned oil company NNPC Ltd said on Thursday it had renewed a production sharing contract with Total, China National Offshore Oil Corp and others, a major step to resolving disputes on a deepwater oil block in the Niger Delta. Oil Mining Lease 130 is located offshore Niger Delta at water depths of over 1000... Continue Reading →
(OM) BW Energy says a 3D seismic survey has finished over its license offshore Namibia, with gravity and magnetic datasets also acquired. It plans to use the results to refine its depositional model, de-risk additional upside targets, and provide improved data to support FEED programs for the Kudu gas field development 130 km offshore southwest... Continue Reading →
(Reuters) - Chevron (CVX.N) has launched a sale process for its oil and gas assets in Congo as the U.S. energy giant continues to focus operations on newer and more profitable production, industry sources said. The Congo assets could fetch up to $1.5 billion, according to two sources close to the process. Chevron received bids for the... Continue Reading →
Noble Corporation has won contracts with UK-headquartered energy giant Shell and Brazilian state-owned oil and gas giant Petrobras, respectively, for two of its 7th-generation drillships. Shell has contracted Noble Voyager to drill a deepwater exploration well offshore Mauritania. The drillship is currently operating for the energy giant offshore Mexico. The new contract has an estimated... Continue Reading →
(OM) SBM Offshore has ordered the eighth Fast4Ward MPF FPSO hull under its Fast4Ward program. CMHI (China Merchants Heavy Industry Co.) will construct the hull. To date, SBM has delivered six hulls to confirmed field developments and has granted exclusivity for the seventh to ExxonMobil Guyana. In its latest results review, the company provided an... Continue Reading →
(OM) Noble Corp drillship Noble Globetrotter I should start a contract offshore Mexico shortly following an extended permitting delay, the company said in its latest results statement. As for other vessels in the company’s 16-strong fleet, the Noble Gerry de Souza has sailed from the US Gulf of Mexico (GoM) to Nigeria. Noble Discoverer is due to begin a one-well contract... Continue Reading →
TotalEnergies has awarded Aker Solutions a contract to provide its deepwater standard Subsea Production Systems for three additional infill wells tied back to the Moho Nord field in the Republic of the Congo. Aker Solutions said the order was a sizable one. Aker Solutions defines a sizeable contract as being between NOK 0.5 billion (currently... Continue Reading →
TotalEnergies, Sonangol, and Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG), have signed a heads of agreement related to the future development of the Cameia and Golfinho fields, located on Blocks 20 and 21 in the Kwanza basin, offshore Angola. "This heads of agreement is an important milestone towards a final investment decision expected in... Continue Reading →
(QC) Offshore drilling company Valaris Limited (NYSE: VAL) has announced strong first quarter results for 2023, with new contracts and extensions announced worth approximately $820 million. Among the new contracts is a three-year offshore drilling project in Brazil, which will involve reactivating the VALARIS DS-8 drillship. CEO Anton Dibowitz expressed optimism for the company’s outlook. “We continue to be... Continue Reading →
Brazil Energy Insight 