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Talos Energy Inc., a U.S.-based offshore oil and gas producer, has completed its previously announced acquisition of EnVen Energy Corporation ("EnVen"). Talos, which owns oilfields in both the U.S. side and the Mexican side of the Gulf of Mexico, first said in September 2022, that it would buy EnVen, a private operator in the deepwater... Continue Reading →
(PN) Earlier this week, Petrobras launched a new tender for the charter of up to four drilling rigs. The tender is divided into three non-excluding lots and the opening of the envelopes with the proposals is scheduled, in principle, for the 17th of March. According to the rules of the tender, only the 13 companies... Continue Reading →
(PN) A bitter end for Shell in its endeavor in the Saturno block, located in the Santos Basin pre-salt layer. The company fully returned the area to the National Petroleum Agency (ANP). This information was confirmed by the regulatory body's press office. Shell was the operator of the block with a 45% stake in partnership... Continue Reading →
By David Boggs, Energy Maritime Associates (OM) The floating production construction market continued to grow in 2022, maintaining a rebound that began in 2021. As we enter a new year, the industry sentiment remains buoyant, with most respondents optimistic about the future. Recently, Energy Maritime Associates conducted its tenth annual Global Floating Production Industry Survey, which... Continue Reading →
(epbr) Equinor has delayed, from 2024 to 2025, the forecast for the start of production in the Bacalhau field, in the pre-salt of the Santos Basin, said the company’s president, Anders Opedal. The pandemic, according to the executive, affected the project schedule as a whole in the global oil and gas industry. The Norwegian oil... Continue Reading →
French energy giant TotalEnergies and its partner APA Corporation have completed the drilling and a flow test at an appraisal well in Block 58 offshore Suriname, encountering oil and adding additional resource potential towards establishing a black oil development hub. TotalEnergies’ partner, APA Corporation, announced the drilling and flow test results from the Sapakara South-2 (SPS-2) appraisal... Continue Reading →
In 2022, we delivered an excellent operational performance, meeting all production targets for the year, with the following marks recorded: In 2022, we achieved an annual record in operated production, with an average of 3.64 MMboed. This result was mainly due to the start-up of FPSO Guanabara (Mero field) and P-71 (Itapu field), as well... Continue Reading →
(PN) Enauta announced that its production throughout the month of January reached the level of 16.1 thousand barrels of oil equivalent per day. The volume represents a drop of 13.9% compared to the month of December, when production was 18.7 thousand barrels of oil equivalent per day. The Atlanta field, the company's main asset, produced... Continue Reading →
Offshore drilling contractor Seadrill has revealed that one of its drillships embarked on its assignment at a field offshore Brazil with the country’s oil and gas giant, Petrobras. Back in December 2021, Petrobras awarded the contract for the West Jupiter drillship to Seadrill for work on the Búzios field offshore Brazil. As it came less than a month after Seadrill was... Continue Reading →
Offshore engineering company DORIS has secured a contract with the Spanish oil firm Repsol for subsea engineering work for a project offshore Mexico. DORIS said Tuesday that the contract was for the execution of concept engineering of the Subsea Production System (SPS) and Subsea Umbilical, Riser, and Flowline (SURF) for the Block 29 development in... Continue Reading →
Brazil Energy Insight 