Brought to you by Quest Offshore & Southern Cone Consultants
French oil major Total has awarded a conditional letter of award to Danish offshore drilling firm Maersk Drilling for the supply of two deepwater rigs, Mærsk Developer and Maersk Valiant, for an exploration and appraisal project in Suriname’s Block 58. Suriname's Block 58 is where Total, with its partner Apache, has struck several oil discoveries in... Continue Reading →
Noble Energy has changed its previously announced contract for the Maersk Drilling-owned drillship Maersk Valiant following a decision not to drill the Colombian offshore well this year. In its fleet status report on Friday, Maersk Drilling said it has agreed with Noble Energy to amend the previously announced contract for the drilling of one well offshore Colombia... Continue Reading →
Norwegian oil and gas seismic data company TGS has returned to Argentina to complete the previously announced Malvinas 3D Multi-Client offshore survey, and has also announced two new surveys in Brazil. In Argentina, TGS has earlier this week started the Malvinas survey using the BGP Prospector vessel owned by China's BGP. The vessel will acquire approximately... Continue Reading →
Brazilian oil and gas company PetroRio has signed an agreement with BP for the acquisition of interests in two fields offshore Brazil. PetroRio said on Thursday that the agreement was for the acquisition of 35.7 per cent interest in the BM-C-30 block which consists the Wahoo field. The deal also includes the buy of the... Continue Reading →
Offshore drilling contractor Transocean has secured contract extensions for two of its 2011-built drillships with Brazil's national oil company Petrobras. Transocean said Wednesday that Petrobras had exercised a 680-day option for the Deepwater Corcovado drillship, and an 815-day option for the Deepwater Mykonos drillship. Transocean acquired both ultra-deepwater drillships through the acquisition of its rival Ocean... Continue Reading →
The jewel in the Petrobras crown, the Buzios field should reach the end of the decade with daily production above 2 million barrels of oil per day - today, this volume is 600 thousand. The forecast was presented by the executive manager of the state company Marcio Kahn, during the Technical Forum of Pre-Salt Petroleum... Continue Reading →
The development of the 17 production sharing contracts in force represents an investment demand of US$ 122.7 billion, between 2021 and 2030, peaking in 2028, when six new FPSOs come into operation, according to PPSA estimates. - The studies are presented at the 3rd Pre-Salt Petroleum Technical Forum. - The investment projection considers the entry... Continue Reading →
Brazilian oil major Petrobras has launched an opportunity disclosure stage (teaser) for the sale of its 50 per cent in offshore oil fields known as the Marlim Cluster in the Campos Basin, offshore Brazil. Petrobras said it was looking to sell stakes in the deepwater concessions of Marlim, Voador, Marlim Leste, and Marlim Sul fields. The company, which currently owns... Continue Reading →
U.S. oil major ExxonMobil has made another oil discovery off Guyana, at the Tanager-1 well, however, the discovery is reported as non-commercial. Unlike Exxon's previous Guyana wells which were drilled in the Stabroek offshore block, and which unearthed more than 8 billion barrels of oil, the Tanager-1 well was drilled in the nearby Kaieteur Block. Westmount Energy, which... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on September 25, 2020, informs the beginning of the non-binding phase regarding the sale of all of its stakes in the Albacora and Albacora Leste concessions, located predominantly in deep waters in the Campos Basin. Potential buyers qualified for this phase will receive instructions... Continue Reading →
Brazil Energy Insight 