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(OET) UK-headquartered oil and gas company Tullow Oil is mulling over all options for its interest in an oil field located offshore the Ivory Coast. This comes after BW Offshore secured a short-term contract extension for one of its floating, production, storage and offloading (FPSO) vessels, which is working at the field. As Tullow Oil’s... Continue Reading →
Dril-Quip has installed an 18 ¾-inch BigBore IIe, its newest subsea wellhead system, for the Petrobras Exploratory project in the Aram Block in the Santos Basin offshore Brazil. Water depth is 2,002 m. According to Dril-Quip, the system’s sealing technology is qualified to the latest Petrobras standards. It is designed to reduce costs through dispensing... Continue Reading →
(Reuters) - A Guyana Appellate Court judge on Thursday temporarily stayed a lower court's order requiring Exxon Mobil (XOM.N) and partners in offshore oil production to provide an unlimited guarantee to cover potential oil spills. The stay lifts a cloud over oil production at the nation's first offshore oil platform. Exxon had said that if the stay... Continue Reading →
(PN) OneSubsea, which is part of the SLB group (formerly Schlumberger), signed a new contract for the supply of subsea equipment for Petrobras. The new agreement encompasses the delivery of 15 wet Christmas trees and electro-hydraulic distribution units in phase 11 of the Buzios field, in the Santos Basin. The contract has an estimated value... Continue Reading →
- PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of May. Key: (1) The figures refer to PRIO's 90% interest in Albacora Leste, assuming production throughout the month. As the acquisition’s closing happened on January 26, 2023, the field... Continue Reading →
(OE) Norwegian company TGS which provides oil and gas firms with seismic data for offshore exploration, on Wednesday announced the Amazonia Azul 2D-cubed project, "the first of its kind offshore Brazil." The project, according to TGS, expanded its multi-client data coverage in the area and aimed to improve knowledge of the Brazil Equatorial Margin region.... Continue Reading →
(OE) Norwegian seismic data firm TGS on Tuesday announced an expansion of its multi-client 3D coverage in the Malvinas Basin offshore Argentina, called Malvinas 3D Phase III. TGS plans to acquire a ~7,500 square kilometer 3D seismic survey, and upon completion, TGS will have built a 3D library of 25,000 square kilometers in the Malvinas... Continue Reading →
Dutch thermoplastic composite pipe (TCP) producer Strohm has secured a contract with Brazilian oil and gas company PRIO, formerly PetroRio, to provide its composite pipe solutions for a field offshore Brazil. Under the award, Strohm has already delivered two sets of TCP Jumpers for gas lift service, one 1,300 meters long and one 900 meters long, for... Continue Reading →
Japan’s MODEC has confirmed the start of production from a new floating production storage and offloading (FPSO) vessel, which is deployed at Petrobras’ giant deepwater oil field in the pre-salt Santos Basin off the coast of Brazil. MODEC announced on Monday, 5 June 2023, that the FPSO Almirante Barroso MV32, deployed for production operations at the Búzios... Continue Reading →
(PN) The Peregrino field, in the Campos Basin, reached a production of 110,000 barrels of oil per day (bpd) this year, the limit of the FPSO which operates in this field. Peregrino is operated by Equinor (60%), which has Sinochem (40%) as a partner in the field. It is Equinor's first asset in Brazil and... Continue Reading →
Brazil Energy Insight 