Brought to you by Quest Offshore & Southern Cone Consultants
talian offshore oilfield services company Saipem has won $1.1 billion worth of offshore contracts in Australia and Guyana with Woodside and ExxonMobil, respectively. In Australia, Woodside has granted Saipem the Notice to Proceed (NTP) for a contract related to the Scarborough project. Saipem will complete the export trunkline coating and installation of the pipeline that... Continue Reading →
(PN) Petrobras announced that it has received a license from the Brazilian Institute for the Environment (Ibama) for 3D seismic survey activity in the Tupi and Iracema fields, in the Santos Basin. The document will be valid for 1 year and 30 days. Data acquisition will be carried out by Shearwater Geoservices do Brasil. The... Continue Reading →
The market for floating production, storage, and offloading (FPSO) units almost brushed off the pandemic’s effect in 2021 and is likely to continue apace in 2022, with 10 new awards expected, according to a Rystad Energy report. Two lease contracts were awarded in the fourth quarter of 2021, bringing the total for the year to... Continue Reading →
(OE) Italian oil company Eni has extended its contract for BW Offshore's Abo floating production storage and offloading (FPSO) vessel for another year. The FPSO's owner BW Offshore said Thursday it has signed the extension with Eni's subsidiary Nigerian Agip Exploration. Under the extension, the FPSO, used for production from the Abo field offshore Nigeria,... Continue Reading →
(OE) Italian offshore energy services firm Saipem has chartered Edda Accommodation's Edda Fides offshore accommodation vessel. The contract, starting in the second half of 2022 is for the Edda Fides' deployment in the Mauritania/Senegal joint maritime zone where it will support work on the Tortue field development. The contract is firm for a period of... Continue Reading →
(PN) The Permanent Offer is once and for all consolidated as the main form of bidding for oil and gas areas in Brazil. The Brazilian government authorized the National Petroleum Agency (ANP) to sell 11 pre-salt exploratory blocks within this auction model. The decision was published in an order in the Official Gazette of the... Continue Reading →
Initiative reinforces the company's commitment to the gas market in Brazil (TN) Repsol Sinopec Brasil signed a sales contract for the Sapinhoá Norte gas with Petrogal Brasil, reinforcing its participation in the natural gas value chain in Brazil. With this contract, which is the first in this modality, the company began marketing this gas as... Continue Reading →
U.S. oil and gas giant ExxonMobil has made two oil discoveries at Fangtooth-1 and Lau Lau-1 wells located in the prolific Stabroek block offshore Guyana. In a statement on Wednesday, ExxonMobil confirmed that the Fangtooth-1 well encountered approximately 164 feet (50 meters) of high-quality oil-bearing sandstone reservoirs. The well was drilled in 6,030 feet (1,838... Continue Reading →
(PetroNoticias) Constellation Oil Services announced this week that it has signed new contracts with Petrobras for the charter of two semi-submersible rigs. The contracts involve the Gold Star and Lone Star rigs and will last for three years. The rigs will operate in water depths of up to 2,400 meters and exploration campaigns are scheduled... Continue Reading →
Petrobras created the RES20 program, enabling to recover up to 20 billion barrels of oil equivalent (boe) in its operational fields by 2030. The program was created with a focus on the incorporation of new reserves and targets the main oil fields of the company. To date, in nearly seven decades of the company's operations... Continue Reading →
Brazil Energy Insight 