Brazilian oil and gas player Enauta has revealed that a floating, production, storage and offloading (FPSO) vessel, which is carrying out operations on a field offshore Brazil, has embarked on preventive maintenance activities. Enauta disclosed on Wednesday, 22 February 2023, that the water-cooling system of the FPSO Petrojarl I entered preventive maintenance and the maintenance interruption should... Continue Reading →
DOF Subsea to Provide Support for ‘Major’ SURF Project in Brazil
DOF Subsea Brasil, a subsidiary of Norwegian offshore support vessel firm DOF, has secured a charter for its ROV support vessel, Geoholm. DOF said that the 85.7-meter-long vessel and its ROV would be used for a 'major' subsea umbilical, riser, and flowline (SURF) project in Brazil. While DOF did not disclose the client's name, the... Continue Reading →
Seadrill drillship starts work off Brazil
Offshore drilling contractor Seadrill has confirmed that one of its drillships kicked off its assignment at a field offshore Brazil with the country’s oil and gas giant, Petrobras. Back in November 2021, Seadrill secured two contracts with Petrobras for its West Carina and West Tellus rigs for work on the Búzios field offshore Brazil. At the time, the offshore drilling contractor explained that... Continue Reading →
Guyana to Monitor Offshore Drilling Rigs, Potential Oil Spills from Space
Maxar Technologies, a provider of space solutions and geospatial intelligence, has secured a three-year contract with the government of Guyana, for the provision of environmental monitoring services for both offshore and terrestrial applications. Maxar said Guyana’s Environmental Protection Agency (EPA) will use its services and technology, which leverages Maxar’s very-high resolution optical satellites, to monitor... Continue Reading →
TechnipFMC scores another contract with TotalEnergies in Angola
TechnipFMC has secured a “significant” contract with TotalEnergies EP Angola for the supply of flexible pipe and associated hardware for a life extension project. The contract covers the engineering, procurement, and supply of flowlines and connectors for the Girassol Life Extension project (GIRLIFEX) offshore Angola. According to TechnipFMC, the flexible pipes are set to extend the life... Continue Reading →
Karoon first well hits net oil-bearing pay off Brazil, second one gets the go-ahead
Australia’s oil and gas company Karoon Energy has made a decision to drill the second well within an existing oil discovery offshore Brazil to assess the commerciality of a potential Neon field development, following the confirmation of net oil-bearing pay at the first well in this drilling campaign. Back in April 2021, Karoon hired a rig to perform... Continue Reading →
Guyana Aims to Reclaim 20% of Stabroek Block from ExxonMobil
(Reuters) Guyana Vice President Bharrat Jagdeo told Reuters the country plans to take back 20% of the giant Stabroek oil block that has been responsible for a series of massive discoveries from a consortium led by Exxon Mobil Corp., and remarket it by next year. More than 11 billion barrels of oil and gas found... Continue Reading →
Oil Stampede Is On in One of the Emptiest Places in the Americas
(Bloomberg) -- Annand Jagesar, the managing director of the state-owned oil company of Suriname, is a man in a hurry. He’s racing against time, nature and Guyana, the neighboring country that enviably discovered a massive offshore oil field in 2015. Jagesar believes Suriname, the former Dutch colony on South America’s northeastern coast (population about 620,000),... Continue Reading →
Karoon strikes oil offshore Brazil, plans to drill second well nearby
(WO) — Karoon, an international oil and gas exploration and production company, has reached a final total depth of 2,382 m at its Neon-1 control well offshore Brazil. The well spudded on Jan. 23; wireline logging of the target sections is currently underway. Neon-1 was drilled into the down-dip southern flank of the Neon discovery,... Continue Reading →
Offshore oilfield, wind investments to continue growth in 2023 – Rystad
(OM) Offshore exploration and production capex shook off the COVID-19 pandemic-induced declines of the past two years to rebound by 21% in 2022, reaching a total $165 billion spent on exploration, wells and facilities. This is slightly less than half the all-time high for offshore E&P investment of $332 billion, set in 2014 at a... Continue Reading →