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The FPSO Cidade de Itajaí (CDI), which completes nine years of operation in February, reached the milestone of 1 million m³ of oil produced in Campo de Baúna, in the Santos Basin, since the signing of service and charter contracts with Karoon, in November 2020. The unit operated by the joint venture Altera&Ocyan (a partnership... Continue Reading →
(epbr) Enauta announced today that it has approved investments of US$ 1.2 billion in the final production system project in the Atlanta field, in deep waters of the Santos Basin. The resources already include US$ 100 million that need to be contributed after the start of production and US$ 500 million referring to the production... Continue Reading →
(PetroleoHoje) The dispute over the contract for the P-80, Petrobras' own FPSO that will make up the 9th module of Buzios, in the Santos cluster, should be restricted to two large international groups. After successive postponements and a long period of lack of interest, the Sembcorp and Keppel shipyards began to work to present a... Continue Reading →
(OE) Malaysian FPSO specialist Yinson said Tuesday it had signed firm contracts with the Brazilian oil company Enauta for the provision, operation, and maintenance of an FPSO in the Atlanta Field located in the Santos Basin, offshore Brazil. This follows letters of intent between two firms signed in December 2021. Enauta has been producing oil... Continue Reading →
(epbr) ExxonMobil began drilling the first exploratory well in block SEAL-M-428 (Cutthroat prospect), named 1-EMEB-3-SES. The drilling is being carried out by Seadrill's West Saturn rig, in a water depth of 3,093 meters, with an estimated duration of between two and four months. -- The information was released this Monday morning by Enauta. The company... Continue Reading →
Following the Bambo drilling campaign in late 2021, Australia’s FAR Limited and its partner Malaysia’s Petronas have completed a review of the prospectivity of the A2 and A5 blocks offshore The Gambia, opening additional, material exploration opportunities. The JV has now fulfiled the minimum work obligation for both blocks, gaining the right to enter the... Continue Reading →
TotalEnergies said Monday it has made a significant new oil and associated gas discovery at the Krabdagu-1 well offshore Suriname. Made in the central area of offshore Block 58, the discovery follows previous discoveries at Maka, Sapakara, Kwaskwasi and Keskesi, and the successfully tested Sapakara South-1 appraisal well. Located 18 kilometers south-east of Sapakara South,... Continue Reading →
(PN) Petrobras has released a notice to the market to pre-qualify companies for the construction of two more FPSO-type platforms, with the capacity to process 180,000 barrels of oil per day and 7 million m³/day of gas. The new FPSOs will be directed to the Sépia and Atapu areas, as is speculated. As is known,... Continue Reading →
Oil production in Brazil started the year on a high, totaling 3.03 million barrels per day in January on average, an increase of 5.5% compared to the same month last year, with an increase in the pre-salt and of the post-salt, indicated data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP). In... Continue Reading →
(OM) FPSOs have revolutionized deepwater E&P, enabling oil companies to produce oil in areas that were not previously economically viable. Following a challenging 2020, the FPSO market rebounded dramatically last year, with more contracts awarded in the second quarter of 2021 alone than during the entire 2020. Some estimates suggest the market could reach a... Continue Reading →
Brazil Energy Insight 