Brought to you by Quest Offshore & Southern Cone Consultants
(OE) ExxonMobil and its partners have made an oil discovery at Block 15 offshore Angola, while drilling the exploration well located in the Kizomba B development area. The discovery was made while drilling the Likembe-01 well in Block 15, operated by ExxonMobil, in partnership with Azule Energy, Equinor and Sonangol. Drilled between the months of... Continue Reading →
(OM) Harbour Energy expects the FEED process to start shortly for the Zama oilfield development in the Sureste Basin offshore Mexico, the company said in a trading update. Later this year, it will participate in an appraisal well on the recent Kan oil discovery in offshore Block 30. In the Andaman Sea offshore Indonesia, testing is underway on... Continue Reading →
(Reuters) Brazil's state-run oil firm Petrobras must do a series of studies on the impact on Indigenous groups in the Amazon area of planned offshore drilling nearby in order to analyze the project's viability, according to a federal agency and documents from government agencies. The wide-ranging studies demanded by Brazil's environmental agency Ibama are meant... Continue Reading →
(OE) U.S.-based offshore drilling company Diamond Offshore has secured the marketing rights for three seventh generation drillships - West Dorado, West Draco and West Libra, which will be renamed Tidal Action. Diamond Offshore entered into an agreement with Eldorado Drilling, the owner of the West Dorado and West Draco, to market the rigs in Brazil,... Continue Reading →
(Reuters) - Brazil's state-run oil firm Petrobras will begin to drill off Colombia's coast at its Uchuva-2 well this month, Chief Exploration and Production Officer Joelson Mendes told journalists during a press-conference. The promising area off Colombia's coast could justify a large project to supply natural gas to the Andean country and for exports, Mendes said in... Continue Reading →
Barry Parker, Contributor (OE) Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin, Eastern Mediterranean and Asia,” Rystad wrote, noting that “the trend... Continue Reading →
(OE) Classification society DNV said it is set to publish its new set of rules and standards for the offshore industry. The new rules, which cover several segments, including underwater systems and installations, offshore units, diving systems, structural design, and drilling systems, will be published in July and enter into force on January 1, 2025.... Continue Reading →
(Offshore-energy.biz)Texas-headquartered offshore drilling contractor Noble Corporation is feeling buoyant over the future opportunities for its rig fleet, especially the floater segment, as the U.S.-based player anticipates a further rise in day rates and the number of long-term deals. This will enable the drilling giant to bolster its fleet utilization level. With new multimillion-dollar assignments in... Continue Reading →
(Reuters) As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight. Offshore exploration had dimmed after the U.S. shale boom ushered in new and cheaper-to-tap supplies of oil, and as past offshore... Continue Reading →
(Reuters) A top executive of Schlumberger NV (SLB), the world's largest energy services firm, on Monday predicted autonomous drilling of oil and gas wells will beat autonomous driving cars to market and create new efficiencies for oil producers. Autonomous drilling is ripe for adoption by many of the world's oil majors, Abdelah Merad, an SLB... Continue Reading →
Brazil Energy Insight 