Germany-based "cleantech" provider FUELSAVE has signed a contract with offshore drilling company Seadrill to deploy its advanced combustion conditioning technology on Seadrill's drillship. The technology promises to reduce primary fuel oil consumption and cut Co2 and GHG emissions from the rig. Seadrill’s 6th generation West Saturn drillship will be fitted with FUELSAVE’s solution FS MARINE+,... Continue Reading →
Petrobras Extends Another Drillship Contract – Etesco
(PetroleoHoje) After extending the charter period for the Petrobras 10.000 drillship, Petrobras extended the contract for the drillship Etesco Takatsugu J with Etesco for another three years. The deadline, which would expire in April 2022, was extended until April 2025. The rig's daily rate during this extension period will be reduced to around US$ 230,000.... Continue Reading →
Report: At Least Three Firms Vying for Petrobras’ Albacora Fields
(Reuters) Petrobras' Albacora oilfields in Brazil are likely to attract at least three buyers despite a roughly one-month delay to let interested parties finalize their bids, four sources with knowledge of the matter told Reuters. Petroleo Brasileiro SA, as Petrobras is formally known, has been selling off dozens of assets ranging from refineries to pipelines in a... Continue Reading →
Karoon examining options for Neon project offshore Brazil
(OM) Karoon Energy has received notification that Brazil’s ANP has approved its integrated development plan for the Neon and Goiá fields (formerly Echidna and Kangaroo) in the Santos basin offshore Brazil. The plan had been submitted in December 2019, although Karoon is now performing additional engineering studies for Neon in order to optimize the development plan. This... Continue Reading →
Ocyan wins bid and re-contracts Norbe IX rig to Petrobras
(TNPetroleo) The rig is the second to renew its contract this year. The entire company fleet continues with active contracts. Norbe IX, one of Ocyan's five deepwater drilling rigs, was rehired by Petrobras for a period of 1095 days. The new charter and services contract is scheduled for the first quarter of 2022, a few... Continue Reading →
Suriname, the Next Offshore Oil Hot Spot?
Offshore drilling in Guyana, mainly by ExxonMobil, has in the past years unearthed more than 9 billion barrels of oil equivalent, making Guyana a place to be when it comes to deepwater exploration, and as of December 2019, production, with multiple FPSOs planned for deployment in the coming years. Explorers in nearby Suriname have been hoping... Continue Reading →
Petrobras signs Itapu Coparticipation Agreement
Petróleo Brasileiro S.A. – Petrobras informs that it signed with Pré-sal Petróleo S.A. (PPSA) the Itapu Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Contract (ToR) and the Production Sharing Contract (PSC) for the Suplus of the Transfer of Rights for the Itapu field, in the Santos Basin pre-salt area. The... Continue Reading →
PLATFORM P-76 IN BUZIOS SENDS GAS TO THE CONTINENT
(PetroNoticias) The P-76 platform is the second production unit in the Buzios field, in the Santos Basin, to send natural gas to the continent. The activity started in June and announced today by Petrobras. The operation began after the interconnection of the ship-platform to the gas pipeline known as Rota 2, which transports production to... Continue Reading →
TechnipFMC, Halliburton to provide subsea fiber optic solution for Payara field
ExxonMobil has selected TechnipFMC and Halliburton to provide the Odassea subsea fiber optic solution for the Payara development project in Guyana. The award follows the completion of front-end engineering and design studies and qualifications. According to TechnipFMC, the Odassea service integrates hardware and digital systems to strengthen capabilities in subsea reservoir monitoring and production optimization. Halliburton... Continue Reading →
Tullow awards TechnipFMC first iEPCI contract offshore Ghana
TechnipFMC has secured its first integrated engineering, procurement, construction and installation (iEPCI) contract with Tullow Oil for the Jubilee South East development offshore Ghana. The contract covers supply and offshore installation of all major subsea equipment, including manifolds and associated controls, flexible risers and flowlines, umbilicals, and subsea structures. The company said it had utilized... Continue Reading →