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(TN) Equinor has started the offshore installation campaign in the Bacalhau field, located in the Santos Basin. The work is performed under an integrated EPCI (Engineering, Procurement, Construction and Installation) contract with SIA - Subsea Integration Alliance, an alliance between OneSubsea® and Subsea7. Seven Pacific, Subsea7's construction/flex-lay vessel, capable of operating at depths of up... Continue Reading →
(OED) Malaysia’s FPSO operator Yinson has shared an update on the developments regarding the conversion and upgrade of a floating, production, storage, and offloading (FPSO) vessel, which will operate for Enauta offshore Brazil. Back in January 2022, Enauta entered into an agreement to purchase the FPSO OSX-2 for the Definitive System (DS) of the Atlanta field and this purchase deal was closed... Continue Reading →
(Reuters) - As oil industry officials from around the world descend on Guyana for a conference to showcase its potential as an oil power, the biggest player in its oil boom still has decisions to make on its future in the South American country. Liam Mallon, president of Exxon Mobil's oil and gas production business... Continue Reading →
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 →
