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Wilson Sons, recognized for its extensive experience of more than 187 years, has signed a new agreement with TotalEnergies EP Brasil to provide logistics support to oil production activities in the Lapa Field, in the pre-salt layer of the Santos Basin, through one of its Offshore Support Bases — the Rio Base — located in... Continue Reading →
(OE) Australian oil and gas company Karoon Energy has secured interest in six blocks in the Santos Basin, offshore Brazil, in the ANP fifth Permanent Offer Bid Round for Concession Contracts. Two of the blocks, S-M-974 and S-M-1038, are located approximately 17 kilometers from the Neon field, and contain the Piracucá discovery. In addition, Karoon... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras reports that it has acquired ten blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the 5th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP). In the Foz do Amazonas Basin, Petrobras acquired blocks FZA-M-1040, FZA-M-1042, FZA-M-188,... Continue Reading →
(OE) Portugal's Galp has been awarded three offshore blocks as part of Brazil’s fifth Open Permanent Concession bid round. Galp acquired offshore early-stage exploration blocks P-M-1670/1672/1741 in the Pelotas basin, in the southern region of the country. The awarded consortium is composed by Petrobras, as operator with 70%, and Galp with a 30% interest. The... Continue Reading →
(Reuters) - Suriname's state energy company Staatsolie and an affiliate of Malaysia's oil firm Petronas on Tuesday signed a production-sharing contract for exploring and developing an offshore oil and gas block, Staatsolie said in a release. Suriname is on track to inaugurate offshore crude and natural gas output soon after foreign companies including TotalEnergies, APA and Petronas have... Continue Reading →
Reuters) - Exxon Mobil and Chevron on Tuesday took their first steps toward exploring for oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned by the country in the promising but environmentally sensitive area. The bids came as state-run Petrobras touted signs of breaking a stalemate on licensing in the offshore region near the mouth... Continue Reading →
(OE) Malaysian FPSO leasing firm Yinson Production has closed of the previously announced $1 billion investment from a consortium of global investor to further drive its business growth. The funding was secured through a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), and funds managed by British Columbia Investment Management Corporation (BCI), and... Continue Reading →
(offshore-energy.biz) TotalEnergies and its partners have signed an extension of the production sharing contract (PSC) for a block offshore Angola. The extension refers to Block 17, described as one of the country’s most prolific offshore oil exploration blocks and one of the first deep-offshore blocks to be licensed in Angola. The license is operated by TotalEnergies with Equinor, ExxonMobil, Azule... Continue Reading →
( offshre-energy.biz) The construction of topside modules for a floating production storage and offloading (FPSO) unit set to work at a field in Brazil’s Santos Basin with the state-owned energy giant Petrobras has started at Seatrium’s shipyard in Angra, Brazil, formerly known as BrasFels. Based on a social media post by Petrobras’ CEO Renata Baruzzi, the... Continue Reading →
(OE) FourPhase, a solids and production performance specialist for the oil and gas industry, has secured a master service agreement (MSA) with Shell Trinidad and Tobago, for work on its topside offshore oil and gas platforms in the Caribbean. The MSA involves sand management and production optimization. FourPhase also signed two other contracts in the... Continue Reading →
Brazil Energy Insight 