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(OE) Sonadrill, Seadrill's 50:50 joint venture with an affiliate of Sonangol, has secured a 12-well extension in Angola for the Libongos drillship at $402,500 per day. The total contract value for the firm part of the deal is around $327 million, inclusive of additional services, Seadrill said. The contract is expected to start in the... Continue Reading →
Maersk Supply Service has secured a contract with ExxonMobil Guyana for the subsea support vessel (SSV) Maersk Nomad to be deployed on field development activities offshore Guyana. Maersk Nomad will operate with two remotely operated vehicles (ROVs) onboard, providing general and subsea support scopes for ExxonMobil’s six ultra-deepwater drillships currently operating in the Stabroek Block.... Continue Reading →
Offshore drilling contractor Dolphin Drilling has been re-approved as an official rig supplier and will be invited to participate in Petrobras’ upcoming rig tenders. This announcement comes after the drilling contractor confirmed in mid-September 2022 the activation on the Euronext N-OTC list, explaining that the listing was the first step toward a public listing of the company... Continue Reading →
(OM) Vast opportunities—and inevitably challenges too—face the offshore global EPC and rig markets, according to analysts presenting at the recent Westwood Global Energy Group Offshore Breakfast Briefing event in Houston. The following is a recap of their presented findings and forecasts for the offshore oil and gas sector. Global offshore EPC outlook Westwood reports that... Continue Reading →
(OE) Brazilian oil giant Petrobras has found oil at the Pedunculo well, located in the northwest of the Sépia offshore oil field, around 250 kilometers off the coast of Rio de Janeiro, Brazil. The well was drilled at a water depth of approximately 2,200 meters. The net thickness of the well’s oil column is one... Continue Reading →
(OE) Helix Energy Solutions Group, Inc. has secured a deepwater well decommissioning contract with Shell in Brazil. The scope of work includes plug and abandonment services on subsea wells located in the Bijupira and Salema fields. Helix will supply the Q7000 riser-based well intervention vessel, a 10k Intervention Riser System (IRS), and remotely operated vehicles. The Q7000, equipped with... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on November 19, 2021, informs that the drill-stem test in the wildcat well 1-BRSA-1381-SPS (Curaçao), located in the Pre-salt section in the southwestern portion of the Santos Basin, has been successfully completed. The discovery in the Aram Block is located 240 km from the... Continue Reading →
Offshore drilling company Transocean said Thursday that its Deepwater Atlas, the world's first 8th generation drillship, had started its first contract. The offshore drilling rig, delivered by Singapore's Sembcorp Marine in June, is under a contract with Beacon Offshore Energy in the U.S. Gulf of Mexico. The Deepwater Atlas is the first of two ultra-deepwater drillships... Continue Reading →
U.S. oil and gas major ExxonMobil has made two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana, adding to its extensive portfolio of development opportunities. ExxonMobil has made more than 30 discoveries on the block since 2015, and it has ramped up offshore development and production at a pace that... Continue Reading →
In 3Q22, Petrobras kept a solid operating performance, with average production of oil, NGL and natural gas reaching 2.64 MMboed, virtually in line with 2Q22. Results in 3Q22 fully contemplate the impacts of the production sharing contracts related to the Transfer of Rights Surplus Volumes of Atapu and Sepia - which became effective on May... Continue Reading →
Brazil Energy Insight 