(OET) Norway’s Solstad Offshore has placed an order with compatriot Omega Subsea Robotics for the delivery of six additional remotely operated vehicle (ROV) systems that will be integrated onboard its selected vessels this year. With six ROV systems already in place, this order doubles Solstad and Omega Subsea’s total ROV system count from six to... Continue Reading →
CNOOC’s plans for 2024: Upping hydrocarbon production, natural gas exploration, and green power ante
(OET) Within its 2024 Business Strategy and Development Plan, China’s oil and gas giant CNOOC Limited has outlined a set of objectives for the year ahead. With energy demand on the rise, the Chinese giant has unveiled intentions to step up oil and gas production, bolster its hydrocarbon reserves, and scale up natural gas exploration... Continue Reading →
Petrobras expresses interest in area under the Production Sharing regime
Petróleo Brasileiro S.A. – Petrobras informs that it expressed today to the National Energy Policy Council (CNPE) its interest in the right of first refusal in a block to be tendered in the Permanent Offer System, under the Production Sharing Regime, under the terms of Law 12,351/2010 and Federal Decree 9,041/2017. The Company will disclose... Continue Reading →
Aibel-Built Modules for Equinor’s Bacalhau FPSO Set Sail for Singapore
(OE) The topside modules for the giant Bacalhau floating production storage and offloading (FPSO) unit have started the journey to Singapore where they will be integrated with the hull before heading for an assignment to Equinor-operated oil project offshore Brazil. The 22,000 tons of newly constructed modules, designed and built by Norwegian firm Aibel, have... Continue Reading →
Exxon Looks to Tap Guyana’s Gas Riches
(OP) After boosting oil production to above 500,000 barrels per day in five years, the world’s newest crude oil exporter, Guyana, looks to develop its significant natural gas resources, too. ExxonMobil, whose consortium currently pumps all of Guyana’s crude oil, is positioning itself to explore and understand the natural gas reserves in the country this... Continue Reading →
CGG Pens Multi-Client Reimaging Deal with Trinidad and Tobago
(OE) France-based marine seismic data firm CGG has signed an agreement with the Ministry of Energy and Energy Industries of Trinidad and Tobago to reimage vintage 3D seismic data from four deepwater offshore blocks. CGG’s work scope will cover blocks 25a, 25b, 26, and 27 offshore Trinidad. Located in the country’s deep waters, the project... Continue Reading →
Well intervention ops on the cards to bring Karoon’s Bauna offshore well back online
(OET) Australian oil and gas company Karoon Energy is working on sorting out the issues impeding the restart of production from a well located on a field in the Santos Basin offshore Brazil. To this end, well intervention activities are seen as the likely solution for the well to come back online. Karoon’s production from the Baúna project,... Continue Reading →
BP sees Trinidad deepwater gas project getting greenlight as soon as 2025
(Reuters) - BP (BP.L), opens new tab expects the Calypso deepwater natural gas field off Trinidad and Tobago, which it shares with Woodside Energy (WDS.AX), opens new tab, to get the greenlight when a final investment decision (FID) is made as early as the end of next year, a company executive said. BP, which holds a 30% stake... Continue Reading →
Enauta Set to Receive Key Equipment for Atlanta Field Offshore Brazil
(OE) The first multiphase pumping subsea system (MPP), that will support oil and gas production at the Atlanta field in Brazil's Santos Basin, has been shipped from Norway, Brazilian oil and gas company Enauta has informed. The MPP, manufactured by OneSubsea, was loaded on January 21, 2024, in Norway ahead of shipping for Brazil. The... Continue Reading →
Subsea 7 Pipelay Vessel to be Equipped with Huisman’s Crane
(OE) Dutch company Huisman has secured a contract from Subsea 7 for the delivery of its 500MT offshore mast crane for one of pipelay vessels for deep water installations. The 500mt Offshore Mast Crane will be equipped with a passive and active heave compensation system on the main hoist to counter-act the vessel’s heave motion... Continue Reading →