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Offshore drilling contractor Noble Corporation is seeing an increase in demand for offshore drilling rigs – its floater fleet was 100 per cent contracted in 2Q – and the rig owner expects this positive momentum to continue. In its latest fleet status report, issued on Monday, Noble Corp. said that its two jack-up rigs, the Noble Houston... Continue Reading →
Dutch FPSO leasing specialist SBM Offshore has ordered its latest Fast4Ward multi-purpose floater hull as it marked a new record level order book at $31.1 billion. The latest Fast4Ward floating production unit (FPU) is expected to be delivered in 2024, the firm said yesterday in its half year earnings. It also said it could have... Continue Reading →
Spanish oil company Repsol has found good quality reservoir at its exploration well offshore Guyana but both targets are water-bearing and the well has been plugged and abandoned. The Beebei-Potaro exploration well was drilled in the Kanuku licence, offshore Guyana. The licence is operated by Repsol with a 37.5 per cent interest with Tullow Oil holding... Continue Reading →
The Cidade de Anchieta FPSO remains shut down, six months after oil was observed close to the vessel during operations for Petrobras in the Espirito Santo Basin offshore Brazil. In its latest results statement, SBM Offshore said an estimated 191 cu. m of oil was released to the sea. The vessel, which had been operating in the Parque das Baleias area, is currently... Continue Reading →
U.S.-based energy giant ExxonMobil has picked another vessel from Kotug, a Dutch towage services provider, for operations entailing the provision of terminal towage support for two floating production, storage and offloading (FPSOs) units offshore Guyana. Kotug revealed on Tuesday that this deal was awarded by ExxonMobil’s subsidiary Esso Exploration and Production Guyana (EEPGL) and it... Continue Reading →
Energy intelligence group Westwood is seeing a rebound in high-impact exploration this year with expectations for it to pick up in the second half and deliver up to 90 wells by year’s end, the highest level since 2019. In a report on Wednesday, Westwood said that 38 high-impact exploration wells were drilled in the first half of 2022, similar... Continue Reading →
Offshore staff (OM) For the month of July, oil and gas discoveries were announced across five offshore regions: the Far East, Middle East, North Sea/Barents, South America, and the US Gulf of Mexico, Esgian reported Aug.2. These regions accounted for seven discoveries. The analyst firm said floating rigs led the way, drilling five of the... Continue Reading →
TechnipFMC has won a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) for the gas-to-energy project offshore Guyana. Subject to final project sanction, TechnipFMC will provide engineering, procurement, construction and installation (EPCI) of subsea risers and pipelines. The project will connect the production from Liza Destiny and Unity back to shore, delivering associated gas from... Continue Reading →
(PN) Petrobras' long-awaited exploratory program in Foz do Amazonas, on the Brazilian Equatorial Margin, should finally get off the ground in the coming months. According to the company's director of exploration and production, Fernando Borges, the first drilling in the area should take place in November, in a water depth of 2,800 meters. “The licensing... Continue Reading →
(Rigzone) Drilling and completion activity in South America is expected to peak this year after a significant slowdown in 2020 due to the global demand destruction brought on by the Covid-19 pandemic, Rystad Energy claimed. According to Rystad, the rebound is more pronounced for offshore wells, primarily driven by an uptick in activity in Brazil... Continue Reading →
Brazil Energy Insight 