Brought to you by Quest Offshore & Southern Cone Consultants
(PN) Karoon Energy announced that it has completed its drilling program, in the Santos Basin, with the Noble Developer rig (formerly known as Maersk Developer). The rig was contracted to carry out the oil company's first workover campaign and the development of new fields in Brazil. The rig was mobilized from the Caribbean to Brazil... Continue Reading →
Oslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, DeepOcean reported revenue of $566.1 million, up 13.4 per cent from $499.4 million in the prior year, and an operating... Continue Reading →
Brazilian oil and gas player Enauta has restarted production from a well located on a field offshore Brazil. Enauta temporarily halted the production from the 7-ATL-2HP-RJS well on the Atlanta field in March 2023, only days after completing of preventive maintenance of the water-cooling system of the FPSO Petrojarl I, which works at the field. In an update on Monday, 17 April 2023,... Continue Reading →
(OE) AFC Equity Investment has agreed to buy Aker Energy, a company working to develop the Pecan oil field offshore Ghana, from Aker Capital and The Resource Group Aker today holds 50.79 percent of the shares in Aker Energy, and TRG holds 49.21 percent. AFC Equity Investment is owned by Africa Finance Corporation (“AFC”). The... Continue Reading →
(U) Australian independent Karoon Energy expects that production from its Bauna oilfield and the recently on stream Patola field offshore Brazil will remain suspended into May. Karoon and the fields’ floating production, storage and offloading vessel operator Altera & Ocyan are undertaking both essential and proactive work with the focus on the ongoing detailed inspection... Continue Reading →
Tom Ewing, Contributor (OE) Offshore wind energy planners are giving close review to fixed-tower systems in order to extend lessons learned to floating wind towers, under development now. In the U.S., floating towers have been most closely associated with plans for new wind energy areas (WEA) in the Pacific, off of California and maybe Oregon and... Continue Reading →
(Reuters) Guyana's closely watched auction of 14 offshore oil blocks faces a delay with the South American country pushing back the deadline for oil explorers to submit bids to mid-July. The three-month delay is in response to industry feedback and the need for modernizing the country's oil and gas regulatory framework, which is expected to... Continue Reading →
The Brazilian Institute of the Environment (IBAMA) authorized Petrobras to start operating the FPSO Almirante Barroso – which is already moored in the Búzios field, in the Santos Basin. The license will be valid for eight years. The platform vessel was named in honor of the commander who led the victorious Brazilian naval force in... Continue Reading →
Finland-headquartered technology group Wärtsilä has been picked to operate power modules onboard a floating production, storage and offloading (FPSO) vessel, working offshore Brazil. In addition, the Finnish player inked a long-term optimised maintenance agreement with 3R Petroleum, a Brazilian offshore operator. Wärtsilä revealed on Wednesday, 12 April 2023, that it would operate – on behalf of the... Continue Reading →
(OE) Dutch FPSO specialist SBM Offshore on Tuesday announced the arrival of the FPSO Prosperity at the Stabroek Block offshore Guyana. The FPSO traveled just over 11,000 nautical miles – or just over 20,000 kilometers - from Singapore to Guyana in just under 50 days. On track for first oil later this year, Prosperity becomes... Continue Reading →
Brazil Energy Insight 