– Baker Hughes, an energy technology company, has reached a significant technology milestone in pioneering a solution to overcome flexible pipe stress corrosion cracking (SCC) tendencies in high CO2 content fields, such as those found in Brazil’s pre-salt offshore developments. The inspection, verification and assurance body, Lloyd’s Register, issued Baker Hughes a design appraisal document... Continue Reading →
PHASE 1 OF THE DEVELOPMENT OF THE BACALHAU FIELD APPROVED, WITH INVESTMENTS OF US $ 8.5 BILLION
The board of the National Petroleum Agency (ANP) approved phase 1 of the Development Plan (PD) of the shared deposit of the Bacalhau and Bacalhau Norte fields, in the Santos Basin. The operator of the area, the Norwegian Equinor, forecasts about US$ 8.5 billion in investments in this stage of the undertaking, with the expectation... Continue Reading →
Equinor picks FPSO concept for gas field offshore Brazil
Equinor, together with license partners Repsol Sinopec and Petrobras, has approved the development concept for BM-C-33, a gas/condensate field located in the Campos Basin pre-salt in Brazil. Equinor is the operator of the block with a 35 per cent interest with Repsol Sinopec and Petrobras as partners with 35 per cent and 30 per cent... Continue Reading →
Siemens Energy to Deliver Topside Modules for MISC-built FPSO
Siemens Energy said Friday it had won a contract with Malaysian MISC to deliver eight complete topside modules for an FPSO MISC is building for deployment in South America. According to Siemens Energy, its topside modules "will provide sustainable, efficient, and environmentally friendly power generation, transmission, and distribution, as well as gas processing and compression"... Continue Reading →
Petrobras on the development of block BM-C-33
Petróleo Brasileiro S.A. - Petrobras announces that it has approved, together with its partners Equinor and Repsol Sinopec Brasil, the development concept for block BM-C-33, operated by Equinor, located in the pre-salt layer of the Campos Basin, in the state of Rio de Janeiro. The block is about 200 km offshore and has water... Continue Reading →
Only minor oil shows for Tullow in Suriname well
Oil and gas company Tullow Oil has encountered good quality reservoir but only minor oil shows at its exploration well located offshore Suriname. Tullow started drilling operations at the Goliathberg-Voltzberg North prospect (GVN-1) located in Block 47 in late January 2021. Block 47 is part of the Suriname-Guyana Basin. The well was drilled using the Stena Forth drillship.... Continue Reading →
DOF Clinches Long-Term Charters for PSV Trio in UK, Guyana
Norwegian offshore vessel owner DOF has won long-term contracts in the UK and Guyana for three of its platform supply vessels. In the UK, under the contract starting in April, the large PSV Skandi Gamma will work for Ithaca Energy for a period of two years firm. Ithaca will also have two one-year options to... Continue Reading →
Anita Garibaldi FPSO to Feature TMC Compressors
Norway-based TMC Compressors has been awarded a contract to deliver a large marine compressed air system for the Brazil-bound FPSO Anita Garibaldi. The FPSO - to be delivered by Japan's MODEC in 2022- will be deployed at Petrobras' Marlim field in the Campos Basin. TMC will deliver a large marine compressed air system to FPSO... Continue Reading →
The pre-salt represents 73% of Brazil’s total oil production in February
In February 2021, Brazilian oil and natural gas production in the Pre-salt was approximately 2.6 million barrels of oil equivalent per day (boe / d). This volume represented 73.14% of the total in the country, the highest percentage of Pre-salt participation in national production ever recorded. Total Brazilian production was 3.55 million boe / d.... Continue Reading →
Guyana’s First Offshore Oil Field Now at Full Output Capacity, President Says
Guyana's President Irfaan Ali said on Wednesday that the first phase of the Liza offshore crude project had achieved its intended full production capacity of around 130,000 barrels per day (bpd). Ali told the Guyana Basins Summit that he expected an additional 10 exploration and appraisal wells to be drilled off the South American country's... Continue Reading →