Subsea 7 wins major EPCI contract with Petrobras

Subsea 7 has won a “major” engineering, procurement, fabrication, installation and pre-commissioning (EPCI) contract by Petrobras for the development of the Búzios 8 field in Brazil. The contract scope includes engineering, procurement, fabrication, installation and pre-commissioning of approximately 126 kilometers of rigid risers and flowlines, 98 kilometers of flexible lines and 88 kilometers of umbilicals and associated infrastructure,... Continue Reading →

May 26, 2022 0

Six major LNG projects to watch in West Africa

African investment platform for the energy sector Energy Capital & Power has listed six key capital expenditure LNG project developments to watch in West Africa. The theme for this year’s MSGBC Oil, Gas & Power Conference & Exhibition is ‘The Future of Natural Gas: Growth Using Strategic Investment and Policymaking.’ This is a response to growing investor interest in... Continue Reading →

May 26, 2022 0

Challenger Energy Gets Offshore Exploration License in Uruguay

Challenger Energy, the company previously known as the Bahamas Petroleum Company, has formally signed a license agreement for the AREA OFF-1 petroleum license offshore Uruguay. The AREA OFF-1 license has a total area of approximately 15,000 km2 and is situated in water depths from 20 to 1000 meters, approximately 100 kms off the Uruguayan coast.... Continue Reading →

May 26, 2022 0

Prosafe lands another four-year deal in Brazil

Offshore accommodation provider Prosafe has been awarded a contract by Petrobras for the provision of the Safe Eurus semi-submersible vessel for safety and maintenance support offshore Brazil. Prosafe was declared the winner of a bidding process launched by Petrobras for the provision of the Safe Eurus semi-submersible unit earlier in May. A potential contract award and the timing of the... Continue Reading →

May 25, 2022 0

Enauta restarts well production in the Atlanta field

The company announced this morning that it has restarted production at well 7-ATL-2HP-RJS in the Atlanta field, in the Santos Basin. As reported, the company had stopped extracting oil from the well to carry out a repair on a production line on the surface. After the adjustments, the Atlanta field returned to producing around 11,500... Continue Reading →

May 24, 2022 0

Yinson taps UAE player for FPSO upgrade work

The UAE-headquartered marine and offshore services provider Drydocks World Dubai, a part of DP World, has inked a deal with Malaysia’s FPSO operator Yinson to upgrade a floating, production, storage, and offloading (FPSO) vessel, which will operate for Enauta offshore Brazil. Drydocks World revealed on Tuesday that it has signed a contract with Yinson to upgrade, refurbish, and convert an FPSO... Continue Reading →

May 24, 2022 0

Shell, Petrobras assign inspection duty to Saipem subsea drone

Saipem has been contracted by Shell and Petrobras for the utilisation of its FlatFish subsea drone in two pilot projects involving the inspection campaigns of two ultra-deepwater fields offshore Brazil, operated by the two energy companies. The two projects with Shell and Petrobras are pilots within the framework of the research and development program of... Continue Reading →

May 24, 2022 0

Brazil: New field developments to receive US$36 billion in investments by 2025

(PN) With an enviable portfolio of new offshore field developments, Brazil is expected to attract around 10% of the resources earmarked for new oil and gas projects worldwide by 2025. In addition, the country will receive a total of US$ 36.7 billion in investments in this period, which will be applied in the development of... Continue Reading →

May 23, 2022 0

Karoon and Enauta abandon Brazilian field-related sale talks

Brazilian oil and gas player Enauta has revealed that its exclusivity deal with Australia’s Karoon Energy for the sale of a partial stake in a field located offshore Brazil has been terminated, thus, the company will be keeping its entire stake in this field for the time being. Back in March 2022, Enauta confirmed it... Continue Reading →

May 23, 2022 0

Enauta expects to boost oil output from Brazilian field following term extension

Brazilian oil and gas company Enauta has been granted an extension of the concession agreement for a field located offshore Brazil, enabling it to put its development plan into motion in a bid to ramp up output from the field and increase hydrocarbon reserves. Enauta revealed on Thursday that the National Agency of Petroleum, Natural Gas... Continue Reading →

May 20, 2022 0