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(OE) The Italian oil and gas company Eni, the operator of the the Coral South project offshore Mozambique, said Monday that the first shipment of LNG produced from the Coral gas field, in the ultra-deep waters of the Rovuma Basin, had departed from the Coral Sul FLNG facility. The Coral Sul is Mozambique's first LNG project... Continue Reading →
(PN) Petrobras' revitalization plans for the Marlim field will bring new investments to the Campos Basin. The National Petroleum Agency (ANP) approved the new version of the field development plan presented by the oil company. Altogether, the program foresees investments of US$ 3.8 billion for Marlim and another US$ 60 million for the neighboring field,... Continue Reading →
Wilson Sons posted a net profit of R$ 67 million (US$ 13 million) in the third quarter of this year (3Q22), 92% above the 2021 comparative (3Q21). In the first nine months of 2022 (9M22), the company's profit after tax was R$ 226 million (US$ 44 million), up 24% compared to the same period last year... Continue Reading →
TGS has commenced a 3D data reprocessing program offshore Uruguay, which covers blocks in the country’s active licensing round. Tannat 3D PSDM Repro consists of 25,000 square kilometers. According to TGS, the data will be regionally integrated and reprocessed using advanced techniques, including de-ghosting, improved velocities and pre-stack merge and migration to depth. This newly... Continue Reading →
Pemex and its partners could take a final investment decision (FID) on the Zama oil project by the end of next year, according to Harbour Energy. The London-based independent is a partner in Block 7 in the Sureste Basin, which contains the main part of the Zama accumulation. In its latest result statement, Harbour said the block’s co-venturers are close... Continue Reading →
Offshore drilling company Diamond Offshore said Monday it had received a notification of award of a new drilling program with Petrobras in Brazil. The soon to be signed four-year contract is for the semi-submersible offshore drilling Ocean Courage. Petrobras will have an option to extend the contract for an additional four years. The total estimated... Continue Reading →
Brazilian oil company Enauta said Monday that production from its Atlanta offshore field in Brazil had been interrupted. "The initial assessment is that this is an operational problem on the surface. The current production of the field is 7,500 bbl/day," Enauta said. The Atlanta Field is operated by Enauta, which owns 100% of the asset.... Continue Reading →
Pipeline Technique (PTL), a provider of welding and coating solutions to the global onshore and offshore energy sectors, has entered into a long-term agreement with Subsea 7 for the provision of welding and coating services. PTL will provide Subsea 7 with access to both specialists and equipment. Ben Mackay, Chief Operating Officer for PTL, said... Continue Reading →
(TN) Equinor Brasil, on behalf of the partners in the Bacalhau project, informs that Seadrill Management has safely started the drilling phase of the field. Drilling activities are being carried out by West Saturn, a rig adapted for subsea depths of up to 3,600 meters. The Bacalhau field is located in the Santos Basin, at... Continue Reading →
Offshore drilling contractor Transocean is expecting the demand for its rigs to remain high in the offshore drilling market, leading to a further improvement in day rates and fleet utilization. In July 2022, Transocean’s quarterly fleet status report showed a total backlog of about $6.2 billion, however, thanks to the new deals and extensions for its rigs, the firm... Continue Reading →
Brazil Energy Insight 