Brought to you by Quest Offshore & Southern Cone Consultants
The total production of Oil and Natural Gas for the month of November 2022 was 3.978 million barrels of oil equivalent per day (boe/d), of which 3.095 million barrels of oil per day (bbl/d) and 140.380 million cubic meters of natural gas per day (m³/d). In oil, there was a reduction of 4.6% in comparison... Continue Reading →
(OP) Guyana’s offshore oil boom continues to gain momentum. It is the ExxonMobil-led consortium operating the 6.6-million-acre Stabroek Block offshore Guyana which stands to benefit the most from what analysts describe as the last great frontier offshore oil boom. The global energy supermajor has made over 32 world-class discoveries in the Stabroek Block and is... Continue Reading →
Modec’s FPSO Anita Garibaldi is already in Brazilian waters. The platform vessel arrived at the Jurong Aracruz shipyard, in Espírito Santo, where it will undergo commissioning activities, in addition to regulatory inspections and operational tests. Right after these final preparatory works, the unit will leave for the Marlim field, in the Campos Basin. Start-up is... Continue Reading →
(PN) The company concluded its first issue of simple debentures, in a restricted public offering. The transaction totaled BR$1.4 billion, of which approximately BR$737 million were First Series debentures and approximately BR$663 million were Second Series debentures, both non-convertible into shares. The funds raised will be used by the company in the development of the... Continue Reading →
(OET) Brazilian oil and gas giant Petrobras has awarded Norwegian seismic company PGS with a 4D production contract over the Barracuda-Caratinga field in the Campos basin offshore Brazil. The Ramform Victory will most likely be rigged to acquire the Barracuda-Caratinga 4D survey, supported by PGS Apollo as a source vessel, the Norwegian company said. Mobilization is scheduled to start in the... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, informs that it put into operation, this Wednesday (Dec,21), the P-71 platform vessel, installed in the Itapu field, in the Santos Basin pre- salt area, 200 km off the coast of Rio de Janeiro. The start of production has been anticipated, as it was originally scheduled for 2023. From Petrobras'... Continue Reading →
(OE) N'GENIUS claims its high-strength austenitic stainless steels will transform the design and construction of onshore and offshore oil, gas, and LNG facilities."The global demand for LNG is projected to reach 700 million tonnes per year by 2040 fuelling the need for greater LNG infrastructure including import receiving and export terminals, FLNG vessels, and LNG... Continue Reading →
(TN) Ocyan S.A. announced the creation of a new company (DrillCo), which will concentrate its drilling activities with its current five rigs, ODN I, ODN II, Norbe VI, Norbe VIII and Norbe IX – that will form part of the new company's fleet. The new corporate structure is born in the context of the restructuring... Continue Reading →
(TN) Brazilian oilfield services player Ocyan has secured a trio of contracts with Petrobras. The drilling services company participated in the oil company's bid to charter deepwater drilling units. Of the 12 units in dispute, in the three proposed lots, Ocyan won in lot 2 with two assets (ODNI I and ODN II) and in... Continue Reading →
(OE) Italian energy industry services company Saipem has secured offshore oil and gas field construction contracts in Guyana and Egypt worth about $1.2 billion in total. In Guyana, the U.S. oil major ExxonMobil has hired Saipem to support its Uaru offshore oil field development project, in the Stabroek block, at a water depth of around 2,000... Continue Reading →
