Oil and gas company Tullow Oil is set to start drilling at its Goliathberg Voltzberg North-1 (GVN-1) exploration well, offshore Suriname, targeting 235 million barrels of oil. The news of the drilling operation startup was shared by Tullow's partner Ratio Petroleum. "Ratio Petroleum is reporting that Tullow, the operator of Block 47, has commenced the... Continue Reading →
PETRO RIO CLOSING OF THE ACQUISITION OF 30% INTEREST IN FRADE
Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), in accordance with art. 26 of the Novo Mercado Regulation, and in addition to the Material Fact of November 28, 2019, informs its shareholders that the country’s National Petroleum, Gas and Biofuels Agency (“ANP”) has approved the concession of the 30% interest in Frade Field, currently held... Continue Reading →
The last of the four relief vessels contracted by Petrobras, the Eagle Passos performs its first operation in the Santos Basin pre-salt
Eagle Passos, the last of the four new relievers hired to increase Petrobras' flow capacity, concluded this Tuesday its first oil transfer operation, carried out in the Tupi field, in the Santos Basin. The oil, collected from the P-67 and Cidade de Saquarema platforms, was subsequently unloaded from Eagle Passos to an export vessel in... Continue Reading →
Auction of the Sepia and Atapu areas, in the Transfer of Rights, will be in November, says minister
( Reuters) The government will again offer in November 2021, the oil and natural gas areas of Sépia and Atapu, Transfer of Rights Assignment, in the Santos Basin pre-salt, said the minister of Mines and Energy, Bento Albuquerque. "We worked all year 2020 on the recommendations of the Federal Court of Accounts ... following the... Continue Reading →
Exxon Strikes Out at Hassa-1 Offshore Guyana
Exxon Mobil Corp said on Friday that its latest exploration well in the prolific Stabroek block off Guyana's coast did not find oil in its target area, the second setback to its drilling campaign in recent months. Exxon, which operates the Stabroek block in a consortium with Hess Corp and China's CNOOC Ltd, has made... Continue Reading →
Drilling Deals Confirmed for Two Maersk Rigs in Suriname
Following a conditional letter of the award signed with the French oil giant Total last November for the supply of two offshore drilling rigs in Suriname, Danish offshore drilling firm Maersk Drilling said Monday Total has firmed up the contracts. For Total's Suriname drilling campaign in Block 58, which has so far rather successfully been carried out... Continue Reading →
Petrobras prioritizes quality, price and delivery in contracting platforms
Proposals for the construction of the P-78 and P-79 platforms will be delivered on February 1 In continuity with its development strategy for the Búzios field, in the Santos Basin pre-salt, on February 1, Petrobras will receive proposals from pre-qualified companies for the bidding for the construction of platforms P-78 and P -79. The bidding... Continue Reading →
Petronas takes Pacific drillship for Mexico well
Offshore drilling contractor Pacific Drilling has secured a contract for its drillship with Malaysian giant Petronas for operations offshore Mexico. In a fleet status report published earlier this week, Pacific Drilling said that the assignment of Pacific Khamsin drillship to Total for Equinor’s second firm well was completed in November 2020. To remind, Pacific Khamsin drilled the Monument exploration well in the U.S.... Continue Reading →
Magseis Fairfield delivers first ever deepwater OBN survey in Mexico
Seabed seismic player Magseis Fairfield said it has wrapped up acquisition project offshore Mexico. This marked the end of the first ever deepwater ocean bottom node (OBN) survey acquired in Mexico. Magseis Fairfield announced this project for an undisclosed client end-March last year. The work kicked off in the third quarter of 2020. Back then,... Continue Reading →
Shell Farms Into Offshore Block in Argentina
Oil and gas giant Shell has agreed to farm into the CAN 100 block, offshore Argentina, currently jointly owned by the Norwegian energy firm Equinor and Argentina's YPF. In October 2019, Equinor farmed into the YPF CAN 100 block and agreed to take over the operatorship. Equinor and YPF have agreed with Shell to jointly farm-down 30%... Continue Reading →
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