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Maersk Drilling expects to deliver the semisubmersible Maersk Developer for operations on Karoon Energy’s projects offshore Brazil between April 15 and May 15, 2022. However, the program remains subject to the receipt of regulatory approvals. Karoon plans to use the rig for its Baúna intervention campaign and Patola field development, which should boost the company’s production by 15,000-20,000 b/d... Continue Reading →
ExxonMobil’s search for more hydrocarbons offshore Guyana continues with a new campaign targeting the Lau Lau-1 well site located at the prolific Stabroek Block where it has found more than 10 billion barrels of oil equivalent since 2015. The Noble Sam Croft will be engaged in drilling activities at this new prospect which is situated... Continue Reading →
(Valor) In a strategic repositioning process, with an eye on the energy transition, Equinor decided to halve the number of countries where it operates in the oil and gas sector. In Brazil, on the contrary, the idea is to continue to grow. After announcing, this year, investments of US$ 8 billion - together with ExxonMobil... Continue Reading →
OF Subsea’s construction support vessel (CSV) Skandi Neptune has completed the first stage of the ocean bottom node (OBN) 4D seismic campaign on the Jubarte field in the Campos Basin offshore Brazil. The vessel recently arrived in Rio de Janeiro after this first stage to undergo scheduled maintenance. The second phase of the project is set to... Continue Reading →
(Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) is getting ready to drill next year the first of 14 planned wells at South America's new deepwater frontier, the Equatorial Margin at its Northern maritime border, a company executive said on Monday. Petrobras plans to invest $2 billion in exploration at the Equatorial Margin through 2026, reservoir executive... Continue Reading →
Cabinda Gulf Oil Company Limited (CABGOC), an affiliate of Chevron in Angola, has secured an extension of the Block 0 concession, off the coast of Cabinda province in Angola. Chevron stated on Monday that the agreement extends the concession for 20 years, through 2050. Under the renewed agreement, CABGOC will remain the operator with a 39.2... Continue Reading →
FAR, an Australian oil and gas company that began drilling at the Bambo-1 exploratory well in Block A2 off the coast of The Gambia last month, said Monday the well had encountered oil traces but would have to be plugged and side-tracked after drilling was temporarily halted due to significant fluid losses. "FAR advises that the Bambo-1... Continue Reading →
OneSubsea made the first delivery of a Wet Christmas Tree for the Mero 2 project, operated by Petrobras in the Libra block, in the Santos Basin pre-salt. OneSubsea's contract in Mero involves the supply of equipment for subsea production systems, installation and commissioning and intervention services for the second phase of the field's development. “This... Continue Reading →
French oil major TotalEnergies said Friday it had started production from the CLOV Phase 2 in Angola, a project connected to the existing CLOV FPSO. Sitting approximately 140 kilometers from the Angolan coast, in water depths from 1,100 to 1,400 meters, the CLOV Phase 2 resources are estimated at around 55 million barrels of oil... Continue Reading →
Norwegian marine seismic data acquisition company PGS said Friday it was scheduled to start a significant 4D acquisition survey for Petrobras over the Roncador and Albacora Leste fields offshore Brazil in Q2 2022. The acquisition is expected to complete in Q3 2022. The contract was awarded earlier and is already included in PGS reported order... Continue Reading →
Brazil Energy Insight 