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June 11 (OE) Shearwater Geoservices has been awarded a distributed acoustic sensing (DAS) seismic survey contract in the Stabroek Block offshore Guyana by ExxonMobil Guyana. The contract covers a two-month program comprising source-only seismic acquisition in support of a baseline DAS reservoir surveillance survey over the Yellowtail development area. Shearwater has deployed the vessel SW... Continue Reading →
June 10 (OE) Shell and its partners QatarEnergy and Namibia's national oil company NAMCOR have reported encouraging results from the Merlin-1X exploration well in Petroleum Exploration License 0039 (PEL 0039) offshore Namibia, with the well delivering the most promising subsurface results to date in the license area. Merlin-1X, the tenth well drilled under the license... Continue Reading →
June 10 (OE) TGS has signed an agreement with Equatorial Guinea's Ministry of Hydrocarbon and Mining Development to create a large-scale offshore multi-client seismic dataset, marking the first phase of what is planned to become a nationwide MegaSurvey covering the country's offshore basins. The initial phase of the project will include post-stack reprocessing of approximately... Continue Reading →
June 1 - SBM Offshore and Solstad Offshore have formed a joint venture, which has entered into a Letter of Intent with a selected shipyard to order a new-build next-generation multi-purpose deepwater installation and construction vessel. The new vessel is targeted for delivery in the first half of 2029. The new vessel will support the... Continue Reading →
June 1 - Independent oil company Karoon Energy announced the completion of the transition of operations of the Baúna FPSO (formerly called Cidade de Itajaí). To recap, the platform was acquired from Altera & Ocyan (A&O) in April of last year for US$115 million plus approximately US$8 million in transaction costs. Since then, the two... Continue Reading →
June 1 (oilnow.gy) ExxonMobil says more technical work is needed to determine whether the Ranger discovery in Guyana’s Stabroek Block can be developed. Neil Chapman, Senior Vice President of ExxonMobil, discussed the discovery during the Bernstein 42nd Annual Strategic Decisions Conference on May 28. Chapman said Ranger is different from the discoveries that have supported... Continue Reading →
May 30 (Reuters) - Guyana was already the world’s fastest growing economy before the U.S.-Israeli war on Iran drove up oil prices. Now, the tiny Caribbean nation of nearly 1 million people will reap an even bigger bonanza as the conflict reshapes global energy markets. The war that caused one of the largest energy disruptions... Continue Reading →
May 29 - New guidance aims to reduce diver risk as ageing offshore infrastructure drives increasingly complex dismantlement operations The International Marine Contractors Association (IMCA) has published new industry guidance designed to improve safety during subsea decommissioning and dismantlement projects, warning that ageing offshore infrastructure, incomplete historical records and changing site conditions are creating an... Continue Reading →
May 28 - Petrobras announced investments of approximately R$60 billion in Sergipe as part of the Sergipe Deepwater Project (SEAP), an initiative that should increase the Northeast's share of the national natural gas supply from the current 16% to 31% by 2035. The information was announced by the state-owned company's president, Magda Chambriard. The SEAP... Continue Reading →
May 28 (offshore-energt.biz) French tubular solutions provider Vallourec and Syngular Solutions, a Brazilian engineering and consulting company specialized in bioenergy with carbon capture and storage (BECCS) and carbon capture, utilization and storage (CCUS) projects, have signed a memorandum of understanding (MoU) to collaborate on carbon capture and geological storage initiatives in Brazil. The MoU establishes a... Continue Reading →
Brazil Energy Insight 