Brought to you by Quest Offshore & Southern Cone Consultants
Zenith Energy has made an offer to the Republic of Benin operate Block 1 containing the "largest and most prospective oilfield in the country". The shallow water block in the Gulf of Guinea contains the Sèmè oilfield, which was discovered in 1968 and produced for 14 years, but was shut-in in 1998. Now, Zenith is... Continue Reading →
(WO) Radix Engineering and Software closed a R$49 million (approx. $9.5 million) contract with Petrobras to develop and maintain scientific software focused on Well Engineering and Subsea Engineering. Radix will develop software for two lots of subsea and one lot of wells, marking its return to large contracts with Petrobras. The partnership will last for... Continue Reading →
Brazil’s oil and gas player Enauta has restarted production from three wells located on a field offshore Brazil and expects the production to stabilise over the incoming period. Enauta revealed on Wednesday that all three wells on the Atlanta field have come into operation. The company further elaborated that this field is in the process of commissioning... Continue Reading →
Offshore engineering and construction firm McDermott International said Tuesday that it secured a "significant" with TotalEnergies EP Angola Block 17/06. McDermott defines a significant contract as between USD $250 million and $500 million. The contract is for engineering, procurement, supply, construction, installation, pre-commissioning, and assistance to commissioning and start-up (EPSCI) on its Begonia project. The... Continue Reading →
(Reuters) - Exxon Mobil Corp (XOM.N) is uncertain whether it will bid for new offshore areas Guyana wants to explore, a person close to the matter said, as the oil major ramps up production faster than expected and the South American country wrestles with fixing terms of new oil leases. An Exxon-led consortium discovered oil in the... Continue Reading →
Helix Energy Solutions has secured another extension of its well intervention charter and services contracts with Petrobras for the well intervention vessel Siem Helix 2. The two-year extension directly follows Helix’s current contracts with Petrobras and is scheduled to conclude in December 2024. The initial four-year contract between the two companies for the vessel was extended by one... Continue Reading →
Elaine Maslin, Contributor (OE) The use of USVs in the offshore industry has come a long way since they first started making an appearance in the 2010s. After some tentative steps, companies like XOCEAN have come in and blazed a trail, not least in offshore wind.This has largely been for standard multibeam and sub-bottom profile surveys.... Continue Reading →
(OE) Offshore drilling firm Stena Drilling has secured a drilling contract with China's CNOOC for its drillship Stena IceMax in Gabon. The contract is with CNOOC's subsidiary CNOOC Africa Holding Ltd (CNOOC). According to Stena Drilling, the two well program, is scheduled for Q1 2023. Stena said that the drilling program off the coast of... Continue Reading →
(EV) It could soon cost half a million dollars a day to hire an offshore rig, according to executives in the industry, in a stunning turnaround for day rates since Covid. Rig rates have surged from a point of “only just covering operating costs” two years ago. At that time, the UK North Sea had... Continue Reading →
Oilfield services giant TechnipFMC said Wednesday it had secured a significant contract with the oil major TotalEnergies for its Lapa North East field in the pre-salt Santos Basin offshore Brazil. For TechnipFMC, a “significant” contract is between $75 million and $250 million. Under the engineering, procurement, construction, and installation (EPCI) contract TechnipFMC will reconfigure and... Continue Reading →
