(PetroleoHoje) McDermott will be responsible for the campaign to replace part of the flexible risers in the Tupi field with rigid lines. After months of negotiations, the company and Petrobras reached an agreement to contract the service, after the group presented the lowest price in the oil company's bid. Officially, the two companies do not... Continue Reading →
3R Petroleum in the 17th round of the ANP
(epbr) The ANP's Special Bidding Commission approved the registration of 3R Petroleum in the 17th bidding round, scheduled to take place on October 7th. The Round will offer exploratory blocks for oil and gas in the Campos, Santos, Potiguar and Pelotas basins. -- 3R's entry into the auction may indicate a broadening of focus on... Continue Reading →
BW Energy’s Gabon Offshore Oil Find Smaller than Expected
Oslo-listed oil and gas company BW Energy's recently announced offshore oil discovery in Dussafu Block in Gabon is smaller than expected. The company in August said it had discovered oil in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block, offshore Gabon, but the size estimate would have to wait until the drilling has... Continue Reading →
Bourbon to Support Shell’s Exploration Campaigns in Namibia and Sao Tomé
Offshore vessel owner Bourbon has secured a contract with Shell to provide international freight forwarding, integrated logistics services, and platform supply vessel services to support two deepwater offshore exploration campaigns in Namibia and Sao Tomé. The project scope covers the international shipment and clearance of Shell's and its subcontractors’ equipment from Houston to Walvis Bay,... Continue Reading →
Eight companies registered so far for the 17th Bidding Round
(TNPetroleo) Wintershall Dea do Brasil Exploration and Production Ltda. is the eighth company registered for the 17th Bidding Round for the exploration and production of oil and natural gas, scheduled for October. 92 blocks with exploratory risk will be offered, with a total area of 53,93 thousand km², located in 11 sectors with high potential... Continue Reading →
Enauta may be closer to being able to bring two new partners to the Atlanta project
(PetroleoHoje) The oil company advanced with the field's farm-out process, selecting non-binding proposals from Karoon and Harbour, which continue in negotiation as preferred bidders. Atlanta's bids were received early in early August. Karoon and Harbor non-firm offerings have individual 30% stakes. From now on, the two groups will start due diligence. The delivery of binding... Continue Reading →
Eni Makes Major Oil Find at Its First Ever Well Drilled Offshore Ivory Coast
Italian oil company Eni on Wednesday announced a major oil discovery in block CI-101 offshore Ivory Coast. "The potential of the discovery can be preliminarily estimated at between 1.5 and 2.0 billion barrels of oil in place and between 1.8 and 2.4 trillion cubic feet (TCF) of associated gas," Eni said. The discovery well has... Continue Reading →
Petrobras concludes the transfer of rights of its stake in the Lapa field
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/21/2018, informs that it has finalized the transfer of rights of its 10% interest in the Lapa field to TotalEnergies. The operation, which also involves the assignment of the totality of the interest held by Petrobras Netherlands B.V. (PNBV) in Lapa Oil &... Continue Reading →
CADE APPROVES SALE OF PETROBRAS PARTICIPATION IN THE PAPA-TERRA FIELD TO 3R PETROLEUM
(PetroNoticias) The Administrative Council for Economic Defense (CADE) approved the sale of Petrobras' 62.5% stake in the Papa-Terra field to 3R Petroleum. The $105.6 million transaction was announced in July this year. Of the total, US$ 6 million were paid in cash, while another US$ 9.6 million will be paid when the deal is closed.... Continue Reading →
Third time’s a charm? ExxonMobil Spuds Sapote-1 Well in Canje Block, Offshore Guyana
U.S. oil major ExxonMobil has spudded the Sapote-1 well on the Canje Block, offshore Guyana. This is the company's third well in the block drilled this year. The first two wells, Bulletwood-1 and Jabillo-1, failed to find evidence of commercial hydrocarbons. The news of the drilling startup was shared by Eco Atlantic, which, in turn, was informed of... Continue Reading →
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