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Offshore drilling contractor Transocean has secured two new contract awards in the Gulf of Mexico for one of its ultra-deepwater drillships. Transocean announced on Tuesday that the ultra-deepwater drillship, Deepwater Asgard, received two contract awards in the U.S. Gulf of Mexico for a total of approximately 14 months of work, adding $181 million to the firm... Continue Reading →
(Reuters) TotalEnergies has lodged its production license application for Block 11B/12B offshore South Africa, the national petroleum regulator said on Tuesday, before a deadline expired which might have seen the oil major forfeit its right to develop the huge discovery. TotalEnergies discovered two large gas fields, Brulpadda and Luiperd, in offshore block 11B/12B about 175... Continue Reading →
(U) Petrobras is considering the potential of offering carbon capture and storage solutions for third-party industrial emissions in its native Brazil as part of a potential diversification strategy from the company’s key upstream oil and gas operations. “It’s a study we are doing right now,” Rafael Chaves Santos, executive director of institutional relations and sustainability... Continue Reading →
(Reuters) Guyana could bank about $1.25 billion this year from the sale of oil as its share of offshore production and royalties, up 30% from a prior estimate, the government's finance ministry said over the weekend. Historically one of South America's poorest nations, Guyana this year expects proceeds from oil discoveries off its coast to jump on... Continue Reading →
(PN) A new wave of developments in the Santos Basin that should start next year creates the expectation of generating new jobs, in addition to enabling the expansion of the use of support vessels. The so-called Stage 4 of the Santos Basin will cover 13 new Petrobras production units in the region, located in the... Continue Reading →
The Brazilian Institute of the Environment (Ibama) granted Petrobras the first renewal of the seismic survey license for the Itapu field, in the pre-salt layer of the Santos Basin. The license will last for 1 year and two months, authorizing the oil company to carry out the activity within the authorized polygon, with the seismic... Continue Reading →
(Reuters) Namibian offshore oil and gas discoveries by TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern African nation's mines and energy minister said on Friday. Both companies announced earlier this year that they had made "significant" discoveries offshore Namibia, and are currently making assessments. The companies did not detail the... Continue Reading →
(PN) The Chinese shipyard Dalian Shipbuilding Industry Offshore (DSIC) held the delivery ceremony for the FPSO Anita Garibaldi, which will be installed in the Marlim field, in the Campos Basin. The platform ship was delivered to Japan's Modec, which will charter the unit to Petrobras for 25 years. The platform ship is expected to arrive... Continue Reading →
(PN) News in the preparations for the first round of the Permanent Sharing Offer, which will auction off pre-salt blocks. The National Petroleum Agency (ANP) approved the registration of five more companies: Equinor, Ecopetrol, Qatar Energy, Sinopec and Petrogal. The information is contained in a statement published) in the Official Gazette. Previously, the ANP had... Continue Reading →
(U) Japanese floater giant Modec has lined up Chinese yard Bomesc Offshore Engineering to build topside modules for the floating production, storage and offloading vessel that Equinor intends to deploy in gas rich Block BM-C-33 in Brazil’s Campos basin. A memorandum of understanding has been signed between Modec and Bomesc, paving the way for a... Continue Reading →
Brazil Energy Insight 