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(epbr) It is Petrobras' culture to develop petroleum frontiers of high geological complexity, demanding development and application of the most daring technologies. From the pioneering onshore exploration activities to the pre-salt layer, the company has stood out for creating innovative solutions to enable the exploration of these areas, helping to strengthen the national industry, energy... Continue Reading →
The region could be a key growth market for the oil and gas industry going forward, writes Joshua Belo-Osagie, Maritime Strategies International (MSI). Improving sentiment surrounds energy market prospects offshore West Africa, the positive mood underpinned by higher oil prices, reformed regulatory frameworks in key markets including Angola and Nigeria and the discovery of major... Continue Reading →
(OE) Mexican oil and gas company Pemex has signed a letter of intent with the U.S.-based company New Fortress Energy to resume work on a $1.5 billion offshore gas project in Mexico, Pemex Chief Executive Octavio Romero said on Friday. The agreement is for the development of the long stalled the Lakach non-associated deepwater gas... Continue Reading →
Enauta started the scheduled shutdown of the Atlanta field, in the Santos basin. The expectation is that the operation of the field will be resumed in August. During the stoppage of production of the asset, the company intends to carry out a series of activities to meet the regulatory requirements of the Ministry of Labor.... Continue Reading →
In a first for the Americas region, Strohm has delivered a deep-water thermoplastic composite pipe (TCP) jumper to ExxonMobil affiliate Esso Exploration & Production Guyana Ltd (EEPGL). According to Strohm, ExxonMobil’s subsidiary plans to install the subsea water alternating gas (WAG) jumper made from TCP on the Liza Phase 2 project in Guyana this year. The Liza... Continue Reading →
(OP) Latin America’s largest economy Brazil is experiencing a massive offshore energy boom which has seen the country overtake Venezuela and Mexico in little over a decade to become the region’s largest oil producer. This is driven by pre-salt petroleum discoveries in offshore Brazil, with the first being made by national oil company Petrobras in the Santos... Continue Reading →
Oil and gas giant Petrobras has awarded CGG with a four-year contract extension for its dedicated reservoir services center in Rio de Janeiro, Brazil. Under the contract, CGG will continue providing its reservoir characterization workflows, such as geostatistical, 4D and azimuthal inversion, while also bringing new technologies to Brazil to further enhance reservoir understanding. These... Continue Reading →
(Reuters) - Suriname's state-run oil company Staatsolie is getting ready to offer for auction 60% of the country's offshore blocks, which remain unawarded, in the coming year, starting with a deepwater round in the fourth quarter, the firm's vice president told Reuters on Wednesday. The company, in partnership with Shell (SHEL.L), APA Corp and TotalEnergies ,... Continue Reading →
(OE) Singapore-based shipbuilder Sembcorp Marine has delivered the world's first 8th generation drillship, the Deepwater Atlas, to its owner Transocean. The Deepwater Atlas is the first of two ultra-deepwater drillships based on the Sembcorp Marine's Jurong Espadon 3T design. The completed drillship features three-million pound hook-load hoisting capacity and, according to the rigbuilder, sets a... Continue Reading →
(OEM) In a bid to increase production capacity, joint venture (JV) partners in a field located in the Offshore Mining Lease no. 113 (OML 113) off Nigeria have decided to forgo a long-term extension for the current floating, production, storage, and offloading (FPSO) vessel operating on this field, as they plan to replace it in... Continue Reading →
Brazil Energy Insight 