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(Offshore-energy.biz) While the search for hydrocarbons has been ongoing in certain parts of Africa for decades with varying degrees of success, a slew of new oil and gas discoveries has pushed the continent to the forefront of global exploration hotspots. Given its string of recent discoveries, one of the countries in West Africa, Cote d’Ivoire,... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras has selected a consortium led by PetroRio SA for bilateral talks over the sale of its Albacora and Albacora Leste offshore oil fields, both companies said on Friday. The value of PetroRio's bids was not immediately clear, but Petrobras said in September that "the offers may exceed $4 billion... Continue Reading →
(OE) The next phase of the On Demand Ocean Bottom Node (OD OBN) project, involving Sonardyne, Shell, Petrobras and SENAI CIMATEC, has started offshore Brazil, which could result in the development of next generation of geophysical monitoring systems in the offshore oil and gas industry. The project, which began in 2018, involves a collaboration between... Continue Reading →
(PN) Oil major bp inaugurated a new moment in its operations in the Brazilian offshore. This week, the company began drilling the pioneer well (1-BP-12D-RJS) in the Pau Brasil block, located in the pre-salt of the Santos Basin. The well is in a water depth of 2,283 meters and is being drilled by the DS-15... Continue Reading →
(Reuters) Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex. In March, Reuters reported that Pemex officials and the billionaire tycoon's team were discussing ways to revive development of the Lakach field in... Continue Reading →
(OE) France-based tubular solutions supplier Vallourec has secured a five-year contract with energy giant Equinor for the supply of tubes and connections, accessories, and services for oil and gas fields in Brazil. Vallourec low-carbon OCTG solutions will contribute to the development of the Bacalhau and Raia fields operated in the pre-salt, as well as the... Continue Reading →
(PN) The general manager of the Petrobras Business Unit in the Campos Basin (UN-BC), Alex Murteira Celem, revealed that the company intends to drill three wells in the Campos Basin pre-salt in 2025. The news was announced by the executive during the Macaé Energy event, co-hosted by the Federation of Industries of Rio de Janeiro (Firjan), Sebrae... Continue Reading →
(PN) Foresea has 100% of its fleet contracted and had operational uptime (operation quality index) of 98.2% in 2023, the highest in the Brazilian market. According to the CEO of Foresea, Rogério Ibrahim, the drilling sector should remain at a very competitive level in 2024, with increased demands and a stabilization of the tariff recovery experienced... Continue Reading →
(Reuters) President Luiz Inacio Lula da Silva on Wednesday threw his weight behind a push by state-run oil company Petrobras to explore the environmentally sensitive offshore Equatorial Margin, saying Brazil cannot give up such an opportunity. The offshore region along the northern coast is seen as Brazil's most promising frontier for oil exploration as it... Continue Reading →
(OE) Brazilian oil and gas company Enauta has decided to stop production from the Petrojarl I floating production storage and offloading (FPSO) to perform modifications related to selected equipment maintenance after inspections at the process plant at the Atlanta field, offshore Brazil. According to Enauta, Atlanta field production is expected to be resumed in the... Continue Reading →
Brazil Energy Insight 