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(OE) Azule Energy, a joint venture firm between BP and Eni, has made a gas discovery at the Gajajeira-01 exploration well, located offshore in the Lower Congo Basin, Republic of Angola. The well was spudded on April 1, 2025 in a water depth of 95 meters, approximately 60 kilometers off the coast. It encountered gas-... Continue Reading →
Petrobras is making a significant new exploration move in the Campos Basin. The company began drilling the pioneer well (1-BRSA-1401D-RJS) in the Água Marinha block, in a water depth of 2,600 meters. The drillship Deepwater Aquila, owned by Transocean, is operating the Água Marinha block. The Água Marinha block, in the Campos Basin pre-salt layer,... Continue Reading →
(OE) Floatel International has signed a Letter of intent for Floatel Victory accommodation vessel to provide Maintenance and Safety Unit (MSU) services offshore Brazil. The MSU assignment is for three to four months. Option to extend the assignment after the firm period has been granted. The start of operations is scheduled for the first quarter... Continue Reading →
(oilprice.com) At the recent gathering of BRICS nations in Brazil, the members’ joint statement contained an interesting assertion. BRICS leaders said that, while recognizing the need for an energy transition, they “acknowledge fossil fuels will still play an important role in the world’s energy mix, particularly for emerging markets and developing economies.” Luckily for BRICS members, they... Continue Reading →
(Reuters) U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil firm Staatsolie said on Tuesday, adding the block would now return to Staatsolie. "Hess has fulfilled its minimum work obligations and decided not to proceed to the next phase of the exploration period ending... Continue Reading →
(offshore-energy.biz) Norwegian state-owned energy giant Equinor has hired Subsea Integration Alliance (SIA), a strategic alliance combining the strengths of SLB OneSubsea and Subsea7, to handle an assignment related to the next stage of its operated oil field off the coast of Brazil. Subsea7 has confirmed Subsea Integration Alliance’s new contract with Equinor, which puts SIA in... Continue Reading →
(TN) Seatrium has selected Siemens Energy to supply the compression systems for Petrobras’ new floating production, storage and offloading (FPSO) vessels, P-84 and P-85. The project will increase the energy efficiency of the two vessels’ skids by supplying electric motor-driven compressors, marking the debut of a more sustainable generation of platforms for Petrobras. The contract... Continue Reading →
The drillship Tidal Action, owned by Constellation, is undergoing final preparations before starting a new mission. The unit was contracted by Petrobras to join a new drilling campaign in the Roncador field, in the Campos Basin. The contract, signed in September of last year, also includes the Laguna Star rig, which is already on its... Continue Reading →
(Reuters) Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie said in a release on Saturday. Petronas hired Noble Corp to drill the wells through the Noble Developer drilling platform, which arrived in... Continue Reading →
McDermott has been awarded a sizeable offshore transportation and installation contract by Brava Energia for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil. Under the contract scope, McDermott will execute the transportation and installation of flexible pipelines, umbilicals and associated subsea equipment... Continue Reading →
Brazil Energy Insight 