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(Reuters) - Exxon Mobil (XOM.N) has begun removing U.S. employees working in Russia, according to a person familiar with the matter. The departures include staff from its large oil and gas production operations on Sakhalin Island in Russia's Far East. Exxon last year employed more than 1,000 people across Russia with offices in Moscow, St. Petersburg, Yekaterinburg... Continue Reading →
Oil and gas company Kosmos expects to spend approximately $700 million in capital expenditures in 2022. The company will spend around $400 million of the budget in relation to its base business in Ghana, Equatorial Guinea, and Gulf of Mexico. Around $300 million is set to be spent in relation to its assets in Mauritania... Continue Reading →
TechnipFMC first shipment of rigid pipelines from its spoolbase in Brazil TechnipFMC will carry out the first shipment of rigid pipelines from its spoolbase in Porto do Açu, in São João da Barra (RJ), installed in the Dome area (Prumo's joint venture with GranIHC). The operation will start on Friday), marking the supply of the... Continue Reading →
Oilfield services giant TechnipFMC expects more than 350 subsea tree orders to be made globally in 2022, a level which it says has not been seen in years. The oilfield equipment and services firm saw its full-year 2021 inbound orders in the subsea segment hit the $5 billion figure, a 24 percent increase compared to... Continue Reading →
Italian oil company Eni has started oil production via the Miamte FPSO at the Miztón field, offshore Mexico The field sits in Area 1 in the Gulf of Mexico, about 10 kilometers offshore the Tabasco coast. Upon its arrival in Mexico in January 2022, Miamte FPSO has been connected to its Mooring System and... Continue Reading →
Offshore drilling contractor Transocean expects rig dayrates to keep growing, boosted by high oil prices and growing demand, the company's CEO said Tuesday, as the company posted its fourth-quarter results. Transocean CEO Jeremy Thigpen said: "As we move into 2022, we are more optimistic than we have been in the past seven years. Energy demand... Continue Reading →
In a conference with investors, the company's CEO, Roberto Monteiro, detailed some of the future steps of the oil company. On the exploratory side, the executive said that in March the company will start a new drilling campaign in the Campo de Frade field, in the Campos Basin. Also according to Monteiro, the campaign will... Continue Reading →
(PN) The King Maker rig, operated by PetroRio, concluded the third intervention in a year in the Tubarão Martelo field, in the Campos basin. The last one was in well TBMT-44. Carried out in just 27 days, a record in field wells, the intervention aimed to replace the equipment responsible for lifting and producing oil.... Continue Reading →
Helix Energy Solutions has secured a long-term field decommissioning contract with Trident Energy for the Pampo and Enchova clusters in the Campos Basin, Brazil. Helix will provide a riser-based well intervention vessel, either Siem Helix 1 or Siem Helix 2, a 10k Intervention Riser System, project management and engineering services and, in conjunction with its Subsea Services Alliance partner Schlumberger, fully integrated... Continue Reading →
Offshore drilling contractor Transocean has secured more work for four of its drillships and one semi-submersible rig, with some getting better day rates than before, pushing its backlog up to $6.5 billion. Transocean published its latest fleet status report on Monday, revealing new contracts and extensions for its fleet of drilling rigs with an aggregate incremental backlog... Continue Reading →
Brazil Energy Insight 