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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 →
(YP) After a series of dry wells were drilled in the Guyana-Suriname Basin from the 1960s through to the 1980s, offshore Guyana and Suriname were ignored by global energy companies. Interest was reignited by ExxonMobil’s discovery of the Liza oilfield in the 6.6-million-acre Stabroek Block offshore Guyana in 2015. That was followed by a swathe of... Continue Reading →
UK-headquartered AIS has acquired CRP Subsea as part of its growth strategy and with the aim of expanding its range of subsea offerings. Based in Skelmersdale, England, CRP Subsea, formerly Trelleborg Offshore UK, delivers polymer and syntactic foam-based buoyancy and protection products for the offshore renewables and oil & gas industries. “Considerable growth is expected... Continue Reading →
(OE) The Italian oil and gas company Eni, the operator of the the Coral South project offshore Mozambique, said Monday that the first shipment of LNG produced from the Coral gas field, in the ultra-deep waters of the Rovuma Basin, had departed from the Coral Sul FLNG facility. The Coral Sul is Mozambique's first LNG project... Continue Reading →
Following a temporary interruption of production, Brazil’s oil and gas player Enauta has restarted production from a well located on a field offshore Brazil. Earlier this month, Enauta announced a temporary interruption of production at a well on the Atlanta field, explaining that the initial assessment indicates that “this is an operational problem on the surface.” Due to... Continue Reading →
(OE) FPSO leasing firm BW Offshore said Thursday that Shell and its partners have extended the limited notice to proceed (LNTP) period with BW Offshore and Saipem in relation to the supply of an FPSO for the Gato do Mato oil and gas field offshore Brazil. The extension is valid until February 15, 2023. Upon completion... Continue Reading →
Dutch FPSO operator SBM Offshore is putting the wheels into motion to resume production by the end of the year from a floating, production, storage and offloading (FPSO) vessel, which is working for Petrobras offshore Brazil. Back in January 2022, oil was observed close to the FPSO Cidade de Anchieta – designed for pre-salt production of the Baleia Azul, Jubarte and Pirambu fields in... Continue Reading →
(PN) Petrobras' revitalization plans for the Marlim field will bring new investments to the Campos Basin. The National Petroleum Agency (ANP) approved the new version of the field development plan presented by the oil company. Altogether, the program foresees investments of US$ 3.8 billion for Marlim and another US$ 60 million for the neighboring field,... Continue Reading →
U.S. oil major ExxonMobil plans to order another floating production storage and offloading (FPSO) vessel for a project in Guyana from the Dutch FPSO operator, SBM Offshore. SBM Offshore said in a short statement on Wednesday that it has signed a Memorandum of Understanding (MOU) with ExxonMobil Guyana for the construction of a multi-purpose floater... Continue Reading →
U.S. oil major ExxonMobil has made a discovery at the Bavuca South-1 exploration well at the Block 15, offshore Angola. The well encountered 30 meters (98 feet) of high-quality, hydrocarbon-bearing sandstone. It is located approximately 365 kilometers northwest off the coast of Luanda and was drilled in 1,100 meters (3,608 feet) of water. ExxonMobil usied the... Continue Reading →
Brazil Energy Insight 