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(PEN) In a year with a record number of new contracts and solid results, the Brazilian CBO Group advanced in ESG (Environmental, Social and Corporate Governance) practices and published its first Sustainability Report, 2021 version. , investment in energy efficiency actions and the waste reduction results promoted by the Visão Verde Program. The maritime support... Continue Reading →
(OE) Marine seismic player Shearwater GeoServices on Wednesday announced the launch of Pearl, “a significant advance in ocean bottom nodal technology with several industry-first innovations.” According to Shearwater, the Pearl node offers a new standard for time and cost efficiency which expands the potential ocean bottom seismic market, enabling solutions to geoscience challenges that were... Continue Reading →
Brazilian oil company PetroRio said Monday it had formalized the acquisition of the West Capricorn (or just Capricorn) semi-submersible rig with the payment of US$ 4 million to offshore drilling contractor Aquadrill, previously known as Seadrill Partners. "The balance of the acquisition is due upon delivery of the rig or on August 05, 2022, whichever... Continue Reading →
As it completes the drilling of another well offshore Gabon, Houston-based Vaalco Energy is anticipating a boost to its reserves and production after its third well in 2022 goes online later this month. In a bid to execute its new four-well 2021/2022 drilling campaign focused on the Etame field, Vaalco hired in June 2021 a jack-up rig... Continue Reading →
Colombian energy producer Ecopetrol ECO.CN aims to boost its oil and gas output by just over 40% to around 1 million barrels of oil equivalent per day (boepd) in 2030 and plans to start a pilot carbon capture storage (CCS) project, a senior company executive said. The projects are part of Ecopetrol's plan to ramp... Continue Reading →
DOF-owned Norskan Offshore and DOF Subsea Serviços Brasil have won service contracts with Petrobras for the anchor handling tug supply (AHTS) vessel Skandi Iguazu, including a remotely operated vehicle (ROV). The contracts are set to commence in the fourth quarter of this year and have a duration of three years, plus options for two-year extensions.... Continue Reading →
E&P company BW Energy is still on track for the first oil from its Hibiscus/Ruche development off Gabon later this year despite delays caused by Covid-19 and the war in Ukraine. However, there is still an increased risk of delays due to price inflation on services and materials. BW Energy is currently executing the Hibiscus/Ruche development project,... Continue Reading →
AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has brought in the third and final Suezmax second-generation dynamic positioning (DP2) shuttle tanker, purpose-built for a long-term charter with Shell in Brazil. AET informed on Friday that it took delivery of Eagle Colombo, its latest second-generation DPST, from Hyundai Heavy Industries (HHI) on... Continue Reading →
(OE) Oil and gas company Trident Energy said Thursday it had completed its first Brazilian subsea campaign to connect the MA-34 production well to the P-08 semi-sub platform, as part of its plans to enhance production on its Pampo field. "Trident Energy set to relocate two existing flowlines from our old MA-1 X-tree (one production... Continue Reading →
Danish offshore vessel owner Maersk Supply Service said Wednesday it had won a long-term contract with ExxonMobil in Angola. The contract is for the provision of project management, engineering, and marine services in support of the development of offshore drilling and production operations offshore Angola in the Block 15. Maersk Supply Service subsea support vessel... Continue Reading →
Brazil Energy Insight 