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(OE) Venezuela's national oil company PDVSA is reportedly preparing to resume production from the Corocoro offshore oil field. Reuters said Thursday, citing people familiar with the matter, that PDVSA would use the Cororoco oil to feed its refineries. The Corocoro oil field, in which the Italian oil firm Eni is a partner as part of... Continue Reading →
Offshore engineering company Aquaterra Energy has completed the engineering design for a renewable-powered Sea Swift offshore platform for DeNovo Energy. The offshore platform is part of the development activity for the Zandolie field, located in the Gulf of Paria, off the west coast of Trinidad, and is scheduled to be installed in Q4 2021. The... Continue Reading →
(PetroNoticias) Tenaris won a new and important contract with Petrobras. The company was chosen to supply a package of tubular products, technologies and services for the third production system in the Mero field, also called Mero 3, in the Santos Basin pre-salt. Tenaris will also provide services through its Rig Direct platform, supporting Petrobras from... Continue Reading →
(PetroNoticias) The Campos Basin will be the main focus of this year and the next within Petrobras' exploratory program. In all, the company plans to drill 20 new wells between 2021 and 2022 in Brazil, 11 of which will be inside Campos, in the so-called “pre-salt fringe”. The move could result in a boost in... Continue Reading →
Solstad Offshore has secured a contract with Petrobras for the deployment of its construction support vessel (CSV) Normand Flower on the Brazilian continental shelf. Under the contract, Solstad will support Petrobras’ exploration and production activities. The contract duration is three years firm with 475 days options thereafter, commencing in April 2022. Additionally, Solstad has signed a contract extension... Continue Reading →
Brazilian oil and gas company PetroRio has been granted a royalty rate reduction for the Tubarão Martelo field by the country’s authorities in an effort to incentivize investment in revitalization. Brazil’s National Petroleum, Gas and Biofuels Agency (ANP) approved PetroRio’s Development Plan for the cluster consisting of the Polvo and Tubarão Martelo offshore fields, the... Continue Reading →
Offshore drilling contractor Borr Drilling received a Letter of Award for one of its jack-up rigs from an unnamed international oil company for additional work in Mexico. "The program is expected to commence in the second quarter of 2022 for a duration of approximately 150 days, adding revenues of USD 15.7 million," Borr said in... Continue Reading →
Solstad Offshore has won two medium-term contracts for its construction vessels (CSV) Normand Frontier and Normand Navigator in the second half of 2021. Normand Frontier will support an ultra-deep subsea project in South America for an international contractor. The vessel has already started mobilization activities, the company informed. The contract duration is 100 days firm plus 60 days options excluding... Continue Reading →
Norwegian offshore vessel operator DOF has secured contracts in Brazil for two of its anchor handling tug supply vessels. The company has won contracts through its Brazilian subsidiary Norskan The Skandi Paraty vessel, with an ROV onboard operated by DOF Subsea Brasil, has been awarded a one-year contract extension with Petrobras until July 2022. The... Continue Reading →
Italian oil giant Eni said Tuesday it had made a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban - 1X well is the second well drilled in CTP Block 4, following the Akoma discovery. Preliminary estimates place the potential of the Eban–Akoma complex between 500 and 700... Continue Reading →
Brazil Energy Insight 