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The Program for the Improvement of Oil and Natural Gas Exploration and Production Tenders (BidSIM) came to the conclusion that it is "urgent" to change the law to allow the concession regime within the so-called pre-salt polygon . According to the final reports of the program, the measure is necessary to increase the attractiveness of... Continue Reading →
(Offshore) Cyber defense provider Naval Dome and a major international operating company have completed a joint two-year project to identify and mitigate cyber risks common to deepwater drilling rigs. The project’s findings indicate that the minimum industry guidelines, regulations, and security techniques are out of step with current platform technology, connectivity requirements, and cyber-attack methodology. It culminated in... Continue Reading →
(PetroNoticias) Petrobras started drilling a wildcat well in the Aram block, in the pre-salt of the Santos Basin. The activity is being carried out in a water depth of 1,904 meters by the drillship Brava Star, from Constellation. The information was released by the National Petroleum Agency (ANP). The Aram block is operated by Petrobras... Continue Reading →
(PetroNoticias) Saipem presents best price in the tender for the contracting of the subsea collection system for Buzios 6. The Italian company presented the best offer in the tender for the production collection system and anchoring services for the FPSO Almirante Tamandare, the sixth production unit in the Buzios field. The tender had a total... Continue Reading →
Oil major ExxonMobil is preparing to start drilling operations on its third well in the Canje Block offshore Guyana this year, using a Stena Drilling-owned drillship. In an update on Thursday, Westmount Energy noted the announcement by the Maritime Administration Department, Guyana, dated 25 August 2021, that the Stena DrillMAX drillship will start drilling operations at... Continue Reading →
(World Oil) Operators are strategically navigating the changing dynamics of the energy market with continued investment in the floating offshore sector. The offshore energy market is in flux. Economic effects from the Covid-19 pandemic, changing global attitudes toward energy, and the growing importance of ESG matters have disrupted the ways that companies do business. Although... Continue Reading →
Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the "Definitive System" of the Atlanta field in the Santos Basin, offshore Brazil. Enauta has been producing oil from the field using the FPSO Petrojarl I... Continue Reading →
Brazil plans to expand the country's Open Acreage program to include exploration and production blocks within the pre-salt polygon that require production-sharing contracts in a move that could unlock the development of smaller oil and natural gas deposits said the director of exploration at the Ministry of Mines and Energy and Production, Rafael Bastos. The... Continue Reading →
The ANP's Special Bidding Commission (CEL) approved the registration of the Australian oil company Karoon in the 17th round, scheduled to take place on 7 October. The company is the seventh approved by the agency to participate in the auction, which will offer areas in the Campos, Santos, Pelotas and Potiguar basins. -- Last week,... Continue Reading →
E&P company BW Energy has made an oil discovery in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block offshore Gabon. The well is located approximately 6 km north-northeast of the Hibiscus discovery well DHIBM-1 in approximately 115 metres of water depth. The company announced the spudding of the well on 28 July 2021. The well... Continue Reading →
Brazil Energy Insight 