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Oil and gas market research provider Westwood has reported that 72 high-impact wells were drilled in 2020, which is below 2019 level when 99 wells were drilled. In 2021, Westwood’s projections indicate that activity could at least reach 2020 levels with the potential to reach up to 100 wells. In a report on Monday, Westwood noted... Continue Reading →
Brazilian oil and gas drilling company Constellation has won a long-term contract for its ultra-deepwater drillship Brava Star with the Brazilian oil firm Petrobras. Constellation said this week that the contract for the 2015-built Brava Star drillship was for 810 days and includes a termination for convenience after 180 days subject to a demobilization fee. ... Continue Reading →
(Reuters) -Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday. Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy. It aims to have 35 gigawatts (GW) of gross renewable... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras reports that it has registered records in its 2020 annual oil production and total annual production (oil and gas) of, respectively, 2.28 million barrels per day (bpd) of oil and 2.84 million barrels of oil equivalent per day (boed). The previous records occurred in 2015 and were 2.23 million bpd... Continue Reading →
The 17th Bidding Round under the concession regime will offer 96 offshore exploratory blocks in the Campos, Pelotas, Potiguar and Santos basins. The maps of the sedimentary basins with the sectors where these explorations are located are on this page and the originals can be obtained at http://rodadas.anp.gov.br/pt/17-rodada-licitacao On 9/9/2020 Resolution No. 7 of 8/18/2020... Continue Reading →
This week Petrobras launched a bidding process for chartering one or more vessels for supply, towing and anchor handling (AHTS). The scope of the tender will be national and the deadline for sending proposals has already started. The opening of the bidders' envelopes is scheduled for January 27th. The contract term to be granted by... Continue Reading →
Taking the power to where you want it is another option – perhaps not for compression or pumping system, but potentially for monitoring, inspection, and even intervention systems, such as resident robotics concepts. It’s an idea some have been looking at, such as Ocean Power Technologies, which recently won a DeepStar project award to study... Continue Reading →
After a long period of negotiations and a lot of market expectations, Ocyan won Petrobras' tender for chartering a rig exclusively dedicated to the Mero field, in the Santos cluster. Drill ship Norbe VIII should start operating in the second semester Petrobras and Ocyan do not reveal details of the bid result. Source: PetroleoHoje
Forship Engenharia, a Brazilian company that has been operating for more than two decades in the oil and gas sector, with strong expertise in commissioning, maintenance and operation of assets, was selected by Petrobras to operate the utilities plant of the Natural Gas Processing Unit ( UPGN) of the Integrated Route 3 Project, at the... Continue Reading →
U.S. oil major ExxonMobil has reportedly started drilling at the Bulletwood-1 well site on the Canje Block, offshore Guyana. The news was shared Tuesday by Westmount Energy, an indirect partner in the Canje Block. Westmount owns an indirect interest in the Canje Block as a result of its circa 7.2% interest in the issued share... Continue Reading →
Brazil Energy Insight 