Petrobras won extra time from the National Petroleum Agency (ANP) to present the declarations of commercial viability for the discoveries of Farfan (BM-SEAL-4), Barra (BM-SEAL-10) and Moita Bonita (BM-SEAL-11) , in the Sergipe-Alagoas basin. The new deadline given to the company will be valid until December 30 of this year. To the ANP, Petrobras said... Continue Reading →
Subsea Processing: Emissions Abatement Opportunity Knocks?
(OE) A complete subsea factory may yet be a pipe dream. However, with its constituent parts now more or less ready, the industry has a much greater toolbox of technologies with which it can now apply to existing and new subsea developments. But is there willingness, even with the temptation of being able to reduce... Continue Reading →
Hess Sees 1 Million bpd Oil Output from Guyana by 2027
Hess Corp expects to produce more than 1 million gross barrels of oil per day (bpd) in Guyana by 2027 from at least six production units, the U.S. oil producer said on Wednesday. The projection comes shortly after a second floating production system [Liza Unity] arrived in the South American country's waters. Hess added that it... Continue Reading →
Petrobras on E&P assets in the Santos Basin
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on September 8, 2021, informs the beginning of the binding phase referring to the sale of all its stakes in the Uruguá and Tambaú fields, belonging to the BS-500 concession, located in the Santos Basin, in the State of Rio de Janeiro. Potential buyers... Continue Reading →
SAPURA PLSV TO START OPERATION IN THE SANTOS BASIN
Sapura will soon start the execution of a new contract signed recently with Petrobras. The shipping company will operate the PLSV Sapura Diamante vessel in the Santos basin, working mainly on the installation and recovery of flexible pipelines in ultra-deep waters until 2025. According to Sapura, the vessel loaded with around 3,000 tons of lines... Continue Reading →
Perenco buys Inpex’s stake in Congo offshore block
Japanese oil and gas producer Inpex has sold all shares in its subsidiary Teikoku Oil (D.R. Congo) to Perenco Energies International and divested all its interests in the offshore block in the Democratic Republic of the Congo. Inpex reported the sale on Wednesday. The company previously held a 32.28 per cent participating interest in the... Continue Reading →
Two-year Charter: ExxonMobil Hires Valaris Drillship for Angola Drilling
U.S. oil major ExxonMobil has awarded a two-year contract for Valaris' drillship Valaris DS-9 for operations in Angola. The drillship, formerly known as Ensco DS-9, will work for ExxonMobil's Angolan subsidiary Esso Exploration Angola. Delivered in 2015 by Samsung Heavy Industries in South Korea, the drillship is currently preservation stacked in the Canary Islands, Spain.... Continue Reading →
Exxon’s second production unit arrives in Guyanese waters
(Reuters) - Exxon Mobil Corp's second floating production system for Guyana, the Liza Unity, arrived early on Tuesday in the South American country's waters, the U.S. oil company said. The production storage and offloading (FPSO) facility is expected to add 220,000 barrels per day (bpd) of oil capacity to Guyana's current 120,000-bpd output when it... Continue Reading →
PETROBRAS CONTRACTS SCHLUMBERGER FOR THE COMPLETION OF 21 WELLS IN THE PRE-SALT
(PetroleoHoje) Schlumberger signed a contract with Petrobras to supply completion systems for 21 wells in pre-salt concessions. Installation of the systems is scheduled to start in the third quarter of 2022. The deal is the result of a public tender for the supply of direct hydraulic intelligent completion systems and selective lower completion systems. Petrobras... Continue Reading →
PPSA will sell more than 55 million barrels at the 3rd Union Oil Auction
Pre-Sal Petróleo published in the Official Gazette of the Union, the notice of the 3rd Union Oil Auction, which will sell more than 55 million barrels of oil owned by the Union in the fields of Búzios, Sapinhoá and Tupi and the Mero Development Area. The auction will take place at B3 on November 26th.... Continue Reading →