Helix takes ‘meaningful step’ towards its energy transition model by closing Alliance deal

Houston-headquartered offshore energy services provider Helix Energy Solutions has completed the acquisition of Louisiana-based, privately-held Alliance group of companies, enabling it to expand its decommissioning presence in the Gulf of Mexico. Back in May 2022, Helix revealed that it had entered into a definitive agreement to acquire 100 per cent of the equity interests of the Alliance... Continue Reading →

July 5, 2022 0

Valaris Nets 540-Day Offshore Drilling Deal with Equinor in Brazil

Norwegian oil and gas company Equinor has awarded the drilling contractor Valaris a 540-day drilling contract for the Valaris DS-17 drillship. The offshore drilling contract is for operations in Brazil and is scheduled to start in 2023. Under the contract awarded by Equinor on behalf of the Bacalhau license partners, the Valaris DS-17 drillship will drill an... Continue Reading →

July 5, 2022 0

Amapa Aguas Profundas: new exploratory frontier for oil and gas in Brazil

(epbr) It is Petrobras' culture to develop petroleum frontiers of high geological complexity, demanding development and application of the most daring technologies. From the pioneering onshore exploration activities to the pre-salt layer, the company has stood out for creating innovative solutions to enable the exploration of these areas, helping to strengthen the national industry, energy... Continue Reading →

July 4, 2022 0

West Africa Market Harbors Positive Potential for MODU Operators

The region could be a key growth market for the oil and gas industry going forward, writes Joshua Belo-Osagie, Maritime Strategies International (MSI). Improving sentiment surrounds energy market prospects offshore West Africa, the positive mood underpinned by higher oil prices, reformed regulatory frameworks in key markets including Angola and Nigeria and the discovery of major... Continue Reading →

July 4, 2022 0

Pemex, New Fortress Energy Ink Deal on $1.5B Offshore Gas project

(OE) Mexican oil and gas company Pemex has signed a letter of intent with the U.S.-based company New Fortress Energy to resume work on a $1.5 billion offshore gas project in Mexico, Pemex Chief Executive Octavio Romero said on Friday. The agreement is for the development of the long stalled the Lakach non-associated deepwater gas... Continue Reading →

July 4, 2022 0

Enauta makes scheduled stop at Atlanta

Enauta started the scheduled shutdown of the Atlanta field, in the Santos basin. The expectation is that the operation of the field will be resumed in August. During the stoppage of production of the asset, the company intends to carry out a series of activities to meet the regulatory requirements of the Ministry of Labor.... Continue Reading →

July 3, 2022 0

Strohm’s deep-water TCP jumper to be installed on ExxonMobil’s project off Guyana

In a first for the Americas region, Strohm has delivered a deep-water thermoplastic composite pipe (TCP) jumper to ExxonMobil affiliate Esso Exploration & Production Guyana Ltd (EEPGL). According to Strohm, ExxonMobil’s subsidiary plans to install the subsea water alternating gas (WAG) jumper made from TCP on the Liza Phase 2 project in Guyana this year. The Liza... Continue Reading →

July 1, 2022 0

The Biggest Threat To Brazil’s Oil Boom

(OP) Latin America’s largest economy Brazil is experiencing a massive offshore energy boom which has seen the country overtake Venezuela and Mexico in little over a decade to become the region’s largest oil producer. This is driven by pre-salt petroleum discoveries in offshore Brazil, with the first being made by national oil company Petrobras in the Santos... Continue Reading →

June 30, 2022 0

Petrobras extends contract for CGG’s dedicated reservoir services center

Oil and gas giant Petrobras has awarded CGG with a four-year contract extension for its dedicated reservoir services center in Rio de Janeiro, Brazil. Under the contract, CGG will continue providing its reservoir characterization workflows, such as geostatistical, 4D and azimuthal inversion, while also bringing new technologies to Brazil to further enhance reservoir understanding. These... Continue Reading →

June 30, 2022 0

Staatsolie to offer 60% of Suriname’s offshore oil blocks in coming year

(Reuters) - Suriname's state-run oil company Staatsolie is getting ready to offer for auction 60% of the country's offshore blocks, which remain unawarded, in the coming year, starting with a deepwater round in the fourth quarter, the firm's vice president told Reuters on Wednesday. The company, in partnership with Shell (SHEL.L), APA Corp and TotalEnergies ,... Continue Reading →

June 29, 2022 0

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