(Reuters) An appraisal well drilled by a consortium led by Exxon Mobil in Guyana has resulted in a "significant discovery" of oil and gas, the South American country's energy ministry said on Thursday. The Lancetfish-2 well results mark the fourth offshore discovery in the country this year, and brings the total number of discoveries from... Continue Reading →
Huisman develops subsea construction cranes for all water depths
(OM) Huisman has released a new range of knuckle boom cranes for offshore subsea construction. Models range from 85 metric tons up to 350 mt and cover set-ups with a winch below deck and on the back of the crane. All are suited to installations in up to 3,000 m water depth, with deeper water... Continue Reading →
FPSO Almirante Barroso hits maximum production in record time
Petrobras announced that FPSO Almirante Barroso, installed in the Buzios field, reached its peak production of 150 thousand barrels of oil per day. The result represents another record for Petrobras' list, as the feat was achieved in 146 days (less than five months). The oil company's previous record had been set by FPSO P-76, which... Continue Reading →
Offshore rig contracts getting longer as market tightens
(OM) Westwood Global Energy Group expects longer durations for offshore drilling rigs over the next year as rig availability continues to tighten. According to Teresa Wilkie, director of Westwood’s RigLogix service, 10-year tenders have been issued for two drillships for campaigns starting in early 2025. Marketed use of sixth to eighth generation assets is already at... Continue Reading →
US Moves Closer to Gulf of Maine (Floating) Offshore Wind Lease Sale
(OW) The US Bureau of Ocean Energy Management (BOEM) has identified a draft Wind Energy Area (WEA) offshore the Gulf of Maine holding an estimated 40 GW of capacity which will be put up for a lease sale in 2024. The Draft WEA covers approximately 3,519,067 acres offshore Maine, Massachusetts, and New Hampshire, ranging from approximately... Continue Reading →
TotalEnergies makes new discovery of natural gas in ultra deepwaters in the Campos Basin
French company TotalEnergies made its second hydrocarbon discovery in block C-M-541, located in the pre-salt of the Santos Basin. The oil company informed the National Petroleum Agency (ANP) that it found signs of natural gas in well 1-TOT-3-RJS, in a water depth of 3,022 meters. To remember, TotalEnergies had already found oil and gas in... Continue Reading →
Transocean’s Quarterly Rig Fleet Report: $745 Million in Drilling Contracts Secured
(OE) Deepwater drilling contractor Transocean shared Thursday its quarterly offshore rig fleet status report, in which it said it had secured $745 million worth of drilling contracts. During the period, the company secured contracts for three drillships: Dhirubhai Deepwater KG1, Deepwater Aquila, and Deepwater Invictus. First, the Dhirubhai Deepwater KG1 drillship was awarded a 60-day extension in... Continue Reading →
Oil Rush in Namibia’s Orange Basin: Galp Prepares for Massive 10 Billion Barrel Oil Hunt as Rig Approaches
(OEE) Portuguese oil and gas company Galp is gearing up to start drilling a well in an offshore block in Namibia, near the giant oil discoveries made recently by TotalEnergies and Shell. In May, Galp entered into a contract with SFL Corporation for the semi-submersible rig Hercules. The 115-day contract, prior to any extension option exercise, is... Continue Reading →
Norwegian firm TMC to deliver compressors for SBM Offshore’s new FPSO
(OET) China Merchant Heavy Industries (CMHI) has contracted Norway-headquartered TMC Compressors to deliver the completed marine compressed air system for a newbuild FPSO the Chinese yard is constructing for Dutch FPSO operator SBM Offshore. Under the contract whose value remains undisclosed, TMC will provide a large-capacity marine compressed air system, including compressors for control and... Continue Reading →
ANP 2nd Cycle of the Permanent Production Sharing Offer will have five blocks available
(TN) Five blocks will be on offer in the public session of the 2nd Cycle of the Permanent Production Sharing Offer (OPP): Cruzeiro do Sul, Esmeralda, Jade, Tupinambá and Turmalina. The public session will take place on 12/13. The blocks on offer in the 2nd Cycle of the OPP were by the Special Bidding Committee... Continue Reading →