Oct. 20 – Petróleo Brasileiro S.A. – Petrobras informs that it received today the environmental license from Ibama to drill an exploratory well in block FZA-M-059, located in deep waters off Amapá, 500 km from the mouth of the Amazon River and 175 km from the coast, on the Brazilian Equatorial Margin. The drill rig... Continue Reading →
Foz do Amazonas drilling license: Petrobras reports that Ibama sees ‘all issues resolved’ and will continue with the process
Oct. 16 - Petrobras reported that it has submitted the information requested by Ibama related to the licensing process at Foz do Amazonas. According to the company, the environmental agency considered that all outstanding issues were duly clarified and that the information presented is sufficient to continue analyzing the process. "Petrobras remains confident that the... Continue Reading →
Colombia’s Sirius gas project advances consultations, nears contracting phase
Oct 16 (Reuters) - Colombia's Sirius project, developed off its Caribbean coast by state oil firm Ecopetrol and Brazil's Petrobras, has completed nearly half of consultations with local communities that could affected by the development, Petrobras' Colombia chief Alcindo Moritz said on Thursday. The companies said last December they had confirmed Colombia's largest ever gas discovery... Continue Reading →
Seadrill Adopts igus’ Modular Energy Chains to Cut Offshore Downtime and Costs
Oct. 16 (OE) A modular cable management system, designed by German-based supplier igus, has been implemented by offshore driller Seadrill to reduce downtime, cut maintenance costs and improve operational reliability on its drillships by replacing traditional service loops with a more durable and flexible alternative. On offshore oil rigs, keeping equipment running smoothly and avoiding... Continue Reading →
Petrobras makes new oil discovery in the Pre-salt Aram block in the Santos Basin
Oct. 15 - Petrobras notified the National Petroleum Agency (ANP) about the discovery of oil traces in well 3-BRSA-1400A-SPS, in a water depth of 1,834 meters. The company drilled the well in mid-July using the West Auriga drillship. This was the fourth oil discovery in Aram this year alone. The others occurred in September, May,... Continue Reading →
Petrobras faces new environmental queries on Foz do Amazonas drilling license
Oct 14 (Reuters) - Brazil's environmental agency Ibama has requested additional information from state-run oil firm Petrobras as part of the licensing process for drilling in the Foz do Amazonas Basin, according to documents seen by Reuters on Tuesday. The agency also proposed a meeting on Thursday after a new technical report flagged "pending issues and... Continue Reading →
Chevron gearing up for drilling ops with Noble rig offshore Suriname
Oct.10 (offshore-energy.biz) Chevron Suriname Exploration, a subsidiary of U.S.-based energy giant Chevron, is preparing to embark on drilling activities off the coast of Suriname with a rig owned by Noble Corporation, an American offshore drilling giant. Chevron is set to drill the Korikori-1 exploration well this month, after receiving a permit for the drilling operations at the... Continue Reading →
Brazil’s Petrobras faces $34 million cost as drillship sits idle in Foz do Amazonas
Oct. 9 (Reuters) - Brazilian state-run oil firm Petrobras has racked up 180 million reais ($33.7 million) in costs to keep a drillship on standby in the Foz do Amazonas basin, a company source and a local union said, as it awaits a regulator's decision on a drilling request. The NS-42 drillship arrived in August... Continue Reading →
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 →
Slowing Vaca Muerta oil activity could pose challenge for Argentina’s Milei
Oct 7 (Reuters) - Drilling and fracking activity in Argentina's Vaca Muerta, the world's fourth-largest unconventional oil reserve, is plateauing due to lower oil prices and rising costs, a slowdown that could complicate the political agenda of libertarian President Javier Milei. The huge Vaca Muerta formation in western Argentina accounts for 64% of the country's... Continue Reading →