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Offshore accommodation rig provider Prosafe has signed a contract extension with Petrobras for the provision of the Safe Zephyrus semi-submersible vessel for safety and maintenance support offshore Brazil. The original 650-day firm period was due to complete in February 2025, but has been extended by 954 days, bringing in $109.7 million to Prosafe. The extension... Continue Reading →
(offshore-energy.biz) Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is making progress in setting the stage to embark on a formal farm-out process later this year for a shallow water exploration block off the coast of Uruguay. As the firm is also expected to make up its mind about assets in Trinidad and... Continue Reading →
(PN) New exploratory activity by Petrobras with different objectives. In recent days, the company began drilling two wells in different fields in the Campos and Santos Basins, in the Marlim Sul and Aram areas, respectively. The information is available on the website of the National Petroleum Agency (ANP). In Marlim Sul, drilling is taking place... Continue Reading →
(OE) Australian oil and gas company Red Sky Energy has signed a risk service contract with the Angolan National Agency for Oil, Gas and Biofuels (ANPG), acquiring 35% interest in Sonangol-operated Block 6/24 in the Kwanza Basin, offshore Angola. Sonangol E&P is the operator of the Block with a 50% participating interest. Red Sky Energy... Continue Reading →
(oilnow.gy) Staatsolie said Suriname’s first oil development in the shared basin could cost US$13.2 billion. This would represent the highest development expense for such a project, costing more than any of the six projects already sanctioned for nearby Guyana in the same basin. TotalEnergies, the operator for the Gran Morgu project, had said the project’s estimated cost is... Continue Reading →
(OE) Offshore drilling contractor Noble Corporation has signed a contract with Petronas Suriname E&P for the high-specification semi-submersible rig Noble Developer to drill three wells offshore Suriname. The contract is expected to start around June 2025, with an estimated duration of 200 days. The firm contract value is approximately $84 million including additional services provided,... Continue Reading →
(OE) Petrobras has awarded contracts to Seadrill’s two ultra-deepwater drillships – West Jupiter and West Tellus – for work offshore Brazil. West Jupiter has been hired under a 1,095-day contract, following a competitive tender process. The contract will contribute approximately $493 million to Seadrill’s order backlog, including additional services and excluding a mobilization fee of... Continue Reading →
(oilnow.gy) ExxonMobil continues drilling at the Haimara-3 well, appraising its Haimara-1 gas discovery of 2019. Guyana’s Maritime Administration Department (MARAD) said the Stena Carron rig will be engaged in drilling at the Stabroek Block, with the operation set to conclude by December 31, 2024. Previous drilling at the well was conducted in July with the Stena DrillMAX,... Continue Reading →
(OE) Offshore drilling contractor Constellation has secured an extension of the current contract for its semi-submersible drilling rig Atlantic Star with Petrobras, worth up to $61 million. The contract extension is for an additional period of up to 301 days, and confirms the continuity of the operations that began in 2021. In recent years, the... Continue Reading →
Petrobras recently started drilling two new wells in the region, in the North of Brava and Aram blocks, which are located in the Campos and Santos basins, respectively. In Aram, the adjacent pioneer exploratory well 4-BRSA-1395-SPS is in a water depth of 1,757 meters, with drilling being carried out by the Valaris DS-4 rig. The... Continue Reading →
Brazil Energy Insight 