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Vessel utilization in the offshore oil and gas seismic data acquisition sector has reached pre-pandemic levels in the third quarter of 2021, Rystad Energy has found. Rystad, a Norway-based energy industry intelligence firm, said that, after several devastating quarters caused by the pandemic, the seismic fleet’s hibernation is now over, with around 68% of the fleet... Continue Reading →
BW Offshore may acquire another asset in Petrobras' divestment program. Industry sources confirmed to PetroleoHoje that the Norwegian oil company was recently selected as the preferred bider for the Golfinho cluster, a deep-water package in the Espírito Santo Basin. Although BW Offshore does not comment on the subject, the company's proposal would have been around... Continue Reading →
(PetroNoticias) Petrobras hopes to make progress soon with preparations for the start of production of the FPSO P-71 in the Itapu field, in the pre-salt of the Santos Basin. The state-owned company recently asked the Brazilian Institute for the Environment (Ibama) for a license to operate the platform vessel – which should start operating in... Continue Reading →
Karoon Energy sees strong growth prospects in Brazil, where it started producing oil last year, working to more than double output by 2023 and considering two options to develop another field by mid-decade, its chief executive said on Monday. Karoon produced an average of just over 13,000 barrels per day (bpd) in the eight months... Continue Reading →
Australian oil and gas firm Karoon Energy has reached a settlement agreement with Pitkin Petroleum over a dispute related to Block Z-38, offshore Peru. Back in May, Pitkin Petroleum sent a notice of the dispute to Karoon Energy, related to the joint operating agreement in respect of Block Z-38, offshore Peru in which the two... Continue Reading →
FPSO operator SBM Offshore has completed the project financing of FPSO Sepetiba for a total of $1.6 billion, which is the largest project financing in the company’s history. The project financing was secured by a consortium of 13 international banks with insurance cover from Export Credit Agencies (ECA): Nippon Export and Investment Insurance (NEXI) and... Continue Reading →
Shearwater GeoServices has won a six-month contract extension with seismic data firm CGG on its Nebula survey offshore Brazil and is nearing completion of work for CGG on its North Viking Graben survey. Shearwater has previously conducted work for the extensive Nebula survey in the Campos and Santos basins and the announced extension will run to the... Continue Reading →
TGS has started a new 2D seismic survey in the Mauritania-Senegal-Gambia-Bissau-Conakry (MSGBC) Basin offshore Mauritania. The survey adds to the North-West Africa Atlantic Margin (NWAAM) 2D campaign, the seismic company said. The NWAAM 2021 survey will comprise 7,500 kilometers of seismic data, with a modern broadband acquisition setup. The vessel BGP Pioneer will undertake the survey that... Continue Reading →
SBM Offshore's Liza Unity FPSO, which last week set sail from Singapore en route to Guyana, has been awarded the SUSTAIN-1 notation by classification society ABS – the first FPSO in the world to receive it. According to ABS, the SUSTAIN-1 notation demonstrates the vessel’s alignment with key elements of the Environmental, Social, and Governance... Continue Reading →
The National Agency for Petroleum, Natural Gas and Biofuels (“ANP”) published, on 07/27/20121, the edict for the 17th Bidding Round for Exploratory Blocks. 92 (ninety-two) blocks will be offered, distributed in 4 (four) sedimentary basins, located in the Campos, Pelotas, Potiguar and Santos basins, with areas of high potential and new exploratory frontiers. Among the... Continue Reading →
Brazil Energy Insight 