Category: drilling

UK firm Hunting delivering equipment to back deepwater drilling off Guyana

Oct. 8 (offshore-energy.biz) London-headquartered energy services provider Hunting has begun the delivery of oil country tubular goods (OCTG) accessories to support deepwater drilling operations offshore Guyana, described by the company as a strategically important energy region. Hunting secured the $20 million contract early this year through a “global oilfield service company”, supporting what it says is... Continue Reading →

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Transocean Secures $243M in Ultra-Deepwater Drillship Contract Extensions with Petrobras and bp

Oct. 2 - Offshore drilling contractor Transocean has secured two contract extensions with Petrobras and bp for two of its ultra-deepwater drillships. In aggregate, the extensions represent approximately $243 million in firm contract backlog. In Brazil, Petrobras exercised a 30-day option for the Deepwater Mykonos in direct continuation of its firm program. The extension is... Continue Reading →

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Brazil Is Destined to Become One of the World’s Top Five Oil Producers

Sept. 30 (oilprice) Recently, the International Energy Agency (IEA) identified Brazil as a key non-OPEC oil producer responsible for driving global production growth. A swathe of world-class ultra-deepwater pre-salt oil discoveries, the first made in the Lula field during 2006, are driving a massive offshore oil boom. Not only is Brazil Latin America’s largest oil producer, but the... Continue Reading →

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ExxonMobil continues drilling at Yellowtail as ONE GUYANA FPSO ramps up production

Sept. 24 (oilnow.gy) ExxonMobil Guyana Limited (EMGL) continued developmental drilling on September 20 at the Yellowtail Project’s YT_1P10 drill center within the Stabroek Block.  The Noble Don Taylor rig will carry out the operation until October 31, 2025, according to a recent notice from the Maritime Administration Department.  The YT_1P10 drill center lies 105.7 nautical... Continue Reading →

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