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Offshore vessel owner Bourbon has secured a contract with Shell to provide international freight forwarding, integrated logistics services, and platform supply vessel services to support two deepwater offshore exploration campaigns in Namibia and Sao Tomé. The project scope covers the international shipment and clearance of Shell's and its subcontractors’ equipment from Houston to Walvis Bay,... Continue Reading →
Italian oil company Eni on Wednesday announced a major oil discovery in block CI-101 offshore Ivory Coast. "The potential of the discovery can be preliminarily estimated at between 1.5 and 2.0 billion barrels of oil in place and between 1.8 and 2.4 trillion cubic feet (TCF) of associated gas," Eni said. The discovery well has... Continue Reading →
E&P company BW Energy has made an oil discovery in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block offshore Gabon. The well is located approximately 6 km north-northeast of the Hibiscus discovery well DHIBM-1 in approximately 115 metres of water depth. The company announced the spudding of the well on 28 July 2021. The well... Continue Reading →
Maersk Supply Service has secured a one-year contract extension for one of its I-class subsea support vessels with an undisclosed “major” oil operator in Angola. Under the contract, Maersk Supply will provide full inspection, repair and maintenance (IRM) services supported by one of its I-class vessels, as well as project management and engineering services. The... Continue Reading →
Norwegian seismic data firm PGS has this week made available an additional 1000 sq. km of reprocessed 3D data from OPL 248 are offshore Nigeria, completing its PGS Niger Delta 2020 Reprocessing package. The company said the data package was well-timed for a reassessment of Nigerian offshore exploration opportunities. On Monday 16 August, Nigerian President... Continue Reading →
Norway-based subsea and marine services provider DOF Subsea has secured a six-month extension to a contract in Africa. During the extension period, the company will continue to use Skandi Seven to deliver integrated field support vessel (FSV) services. The scope of work also includes project management, engineering, procurement and logistical services within deep-water construction and maintenance of... Continue Reading →
Offshore drilling firm Valaris has secured contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, respectively, for its drillship VALARIS DS-10. The contracts for the 2017-delivered offshore rig are each for one well. The exact start date for the first contract has yet to... Continue Reading →
Australian oil company Woodside confirmed Monday it has been in talks with BHP over the potential acquisition of BHP's oil and gas business. "Woodside notes recent speculation regarding a potential transaction between Woodside and BHP Petroleum. Woodside continuously reviews the composition of its asset portfolio and opportunities to create and deliver value for shareholders. Woodside... Continue Reading →
Italian oil firm Eni said Friday it had recently started production from the Cuica field offshore Angola. The company is producing oil from the field via the Armada Olombendo FPSO. Production started on July 30, 2021, just over 4 months from discovery. To remind, when it first announced the discovery, Eni said the field would be... Continue Reading →
Offshore drilling contractor Vantage drilling this week posted a net loss of $29 million in the second quarter of 2021, but its CEO was optimistic on the back of several important jack-up drilling rig contracts secured recently, especially in Qatar, almost doubling its backlog. “The second quarter represented more evidence that the industry is back... Continue Reading →
Brazil Energy Insight 