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(PN) The Ministry of Mines and Energy gave the seal of “priority” to the project to implement the new FPSO in Enauta's Atlanta field, located in the Santos Basin. As a reminder, the new platform will be used in the field's definitive production system. The FPSO OSX-2 (renamed FPSO Atlanta), which will be used in... Continue Reading →
(PN) Australian Karoon Energy announced that it has concluded the drilling of the PAT-2 well in the Patola prospect, located in the Santos Basin. The well was drilled with the Noble Developer rig (formerly known as Maersk Developer) and reached a total depth of 2,313 meters. According to the company, the preliminary interpretation of the... Continue Reading →
(OE) Shell's Brazilian subsidiary Shell Brasil Petróleo will not be making final investment decision (FID) on its Gato do Mato oil and gas field development offshore Brazil within the next 12 to 24 months. This is according to FPSO leasing firm BW Offshore which said Monday that Shell had informed it of its decision. BW... Continue Reading →
The National Petroleum Agency (ANP) announced a new record for the oil and gas sector in Brazil. The country produced 4.18 million barrels of oil equivalent per day on average (boe/d) during the month of October, the highest volume recorded in the Brazilian oil industry. The number represents a growth of 2% in comparison with... Continue Reading →
(Reuters) Shell has completed a scheduled maintenance at its 200,000 barrels-per-day Bonga deep water storage and offloading vessel in Nigeria, a spokesperson said. The Shell Nigeria Exploration and Production Company said in a statement late on Thursday that the maintenance was completed in 22 days, less than the scheduled 30 days. Bonga is typically one... Continue Reading →
(OE) Offshore drilling contractor Transocean said Thursday that it had together with Perestroika and funds managed by Lime Rock Management L.P created a joint venture, Liquila Ventures. Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co., Ltd. (“DSME”), to purchase Hull 3623, the ultra-deepwater newbuild drillship formerly known as West Aquila, for approximately $200 million.... Continue Reading →
(Reuters) - U.S. company New Fortress Energy (NFE.O) expects to sign an agreement next week with the Mexican government for the development of a liquefied natural gas (LNG) project associated with Mexico's Lakach offshore gas field, a company executive said on Wednesday. A $1.79 billion project by state company Petroleos Mexicanos to develop the once-abandoned Lakach deepwater... Continue Reading →
(OET) Offshore drilling contractor Valaris has revealed that one of its rigs has completed its task in the U.S. Gulf of Mexico (GOM) with Murphy Oil, a Houston-based oil and gas company. As a result, the rig moved to Mexico to embark on drilling assignments, which were secured earlier this year. Back in January... Continue Reading →
(OET) London-headquartered oil and gas company Tullow Oil is planning to drill four new wells at a field located offshore Ghana, which are expected to be brought on stream in 2023. Tullow Oil announced it is planning to drill two new production wells at Jubilee South East before the end of the year, and a... Continue Reading →
Trinidad and Tobago's Cabinet will make a decision soon on bids submitted for four deepwater exploration blocks that are key to expanding its natural gas production, Energy Minister Stuart Young said. The Caribbean country earlier this year offered 17 blocks off the northern and eastern coasts in a competitive auction that attracted only four bids... Continue Reading →
Brazil Energy Insight 