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(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 →
(OM) Karoon Energy has issued an update on its field development programs in the Santos Basin offshore Brazil. The Noble Developer semisub has drilled and completed two Patola Field wells, PAT-1 and PAT-2, with subsea christmas trees now installed on each wellhead. Installation of the remaining subsea infrastructure, including a pipeline and umbilicals from Patola to the Cidade de... Continue Reading →
Petrobras is closer to starting exploratory activities on the Equatorial Margin. The company declared that it should start drilling wells this quarter, as detailed in its 2023-2027 Strategic Plan. The company plans to invest US$ 2.9 billion over the next 5 years in the region, with the drilling of 16 wells. The so-called Equatorial Margin... Continue Reading →
(OM) Rystad Energy reported that Guyana had a "stellar 2022" with the announcement of 10 new finds, which included a record nine new discoveries in a calendar year within the Exxon Mobil-operated Stabroek Block and one in CGX’s Corentyne tract. This success yielded estimated new cumulative recoverable resources of about 1.8 Bboe, securing Guyana pole position among countries with... Continue Reading →
(WO) – Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a mega Floating Production Storage and Offloading vessel (FPSO) to SBM Offshore in 1Q 2023. This is the third FPSO that Keppel Shipyard is delivering to SBM Offshore and will be chartered to the consortium... Continue Reading →
Petrobras is managing to further expand its geological knowledge in pre-salt areas. The company announced that it has concluded a 3D seismic survey in the Itapu field, in the Santos Basin. The survey was carried out by PXGeo do Brasil using 3D node technology. Work began in October, approximately 174 kilometers from the coast, in... Continue Reading →
Offshore drilling contractor Transocean said Tuesday it had secured a long-term deal for one of its ultra-deepwater drillships. The contract, awarded by "a national oil company" for work offshore Brazil, is for the ultra-deepwater drillship, Dhirubhai Deepwater KG2. According to Transocean, the drillship has secured a 910-day offshore drilling contract with an estimated backlog of... Continue Reading →
Despite the global energy crisis, new global oil and gas discoveries in 2022 have driven exploration to the highest value creation in over a decade, reaching a whopping $33 billion at base price, led by major discoveries in Namibia, Guyana, Brazil and Algeria, as outlined by Wood Mackenzie, an energy intelligence group. Wood Mackenzie, a... Continue Reading →
