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(Reuters) - Exxon Mobil Corp on Friday said it is accelerating output at its Guyana's offshore oil development, starting a new production vessel that will bring total production capacity to more than 340,000 barrels per day. An Exxon-led consortium started production in the South America country in 2019 and is responsible for all oil and... Continue Reading →
(PN) The board of the National Petroleum Agency (ANP) approved the postponement for five years of the declaration of commerciality of the Jupiter discovery, in block BM-S-24, in the Santos Basin. This is the second time the deadline is extended – the first time was in 2016. The new deadline will be November 2026. The... Continue Reading →
Brazilian shipping company Grupo CBO has added a new platform supply vessel (PSV) to its fleet and signed its second contract for one of its anchor handling tug supply (AHTS) vessels with the Brazilian subsidiary of Australia’s Karoon Energy. Brazil’s offshore vessel operator CBO informed on Thursday that it has completed the acquisition of the PSV CBO... Continue Reading →
(PN) The entry into operation of the first definitive system in the Mero field, in the Santos Basin, will help to jumpstart the global production of French company TotalEnergies. The European oil company announced in its report of the financial and operating results for 2021, that it expects a 2% growth in its hydrocarbon production,... Continue Reading →
SBM Offshore has issued a progress report on various FPSO construction programs in its latest results statement. The third stage flash gas compressor on the Liza Destiny, which operates on the Liza field offshore Guyana, remains stable and continues to operate. Engineering is in progress on a re-designed flash gas compressor, which should be installed around mid-year.... Continue Reading →
(OM) Petrobras achieved record presalt production from its fields offshore Brazil last year, averaging 1.95 MMboe/d. This represented 70% of the company’s total production, and is twice as much as the total presalt output from five years earlier. Late last month the FPSO Guanabara arrived at the Mero field in the pre-salt Santos basin. The vessel, the first at... Continue Reading →
The FPSO Cidade de Anchieta, currently in the Parque das Baleias area, on the coast of Espírito Santo, had its production paralyzed after the presence of oil was discovered near the unit. The information was revealed in the 2021 financial and operational report of the Dutch SBM Offshore, which charters the vessel to Petrobras. The... Continue Reading →
French energy major TotalEnergies is withdrawing from its operated project located in the deepwater Gulf of Mexico to focus on better opportunities to allocate its capital. TotalEnergies informed on Thursday that its affiliate, TotalEnergies E&P USA, decided not to sanction and so to withdraw from the North Platte deepwater project in the U.S. Gulf of Mexico. The... Continue Reading →
Brazilian oil and gas company Enauta has concluded the purchase of an FPSO for the Definitive System of its operated Atlanta field located off Brazil. Following a letter of intent from December 2021, Enauta entered into an agreement with Yinson to buy the FPSO OSX-2 in January 2022. The agreement was contingent on compliance with the agreed... Continue Reading →
Petrobras posted an excellent operational performance in 2021, reaching all production targets for the year with the achievement of the following marks: The highlights for 2021 were: FPSO Carioca production start-up, on August 23, the first platform in Sépia field, in Santos Basin pre-salt. Throughout the year, 3 new producing wells were connected and currently... Continue Reading →
Brazil Energy Insight 