Three players develop green solution to cut emissions in drilling operations

A collaborative, green solution developed between COSL Drilling Europe, Kongsberg Maritime, and drilling equipment provider NOV is poised to generate environmental and financial savings in offshore drilling operations. COSL Drilling’s ‘Energy Control’ project has been launched as a means of simultaneously slashing greenhouse gas emissions and substantially lowering fuel and maintenance overheads on the company’s... Continue Reading →

February 3, 2021 0

With an average of 2.94 million barrels per day, oil production in Brazil grows 5.5% in 2020, according to ANP

The ANP released today the Monthly Bulletin on Oil and Natural Gas Production, with detailed data on national production for December 2020. This month's publication also includes a special insert with the consolidated data of production in the year 2020. The Bulletin can be accessed on the page https://www.gov.br/anp/pt-br/centrais-de-conteudo/publicacoes/boletins-anp/boletim-mensal-da-producao-de-petroleo-e-gas-natural. That year, production registered records in... Continue Reading →

February 2, 2021 0

KAROON SIGNED LETTER OF INTENT WITH TECHNIPFMC FOR PURCHASE OF PATOLA FIELD EQUIPMENT

The Australian oil company Karoon Energy announced the plans for the acquisition of necessary equipment for the Patola field, in the Santos basin. The agreement was signed with TechnipFMC and provides for long-term items that will be used in the development of the asset. The information was disclosed in the company's financial and operating balance... Continue Reading →

January 28, 2021 0

Enauta forced to stop Atlanta output again only day after restart

Brazilian oil and gas company Enauta, formerly known as QGEP, has once again been forced to stop production from the only producing well on the Atlanta field to replace a faulty heater only a day after restarting it following a shutdown in November 2020. The Atlanta field Early Production System started production in May 2018, almost two... Continue Reading →

January 27, 2021 0

ENAUTA: ATLANTA FIELD RETURNS TO PRODUCTION

Enauta announced the return of the operation of one of the production wells in the Atlanta field, in the Santos basin. Active production had been halted since November 2020. The 7-ATL-4HB-RJS well was initially producing 11,000 barrels of oil per day. Enauta plans to put into production the second well in the field (7-ATL-3H-RJS) still... Continue Reading →

January 27, 2021 0

Subsea 7 picks Tenaris for Bacalhau project off Brazil

Pipe producer Tenaris and Subsea 7 have signed an agreement for the supply of pipes and coating services for Bacalhau project offshore Brazil. Equinor is the operator of Bacalhau project, located 185 kilometres off the coast of São Paulo in Brazil. Discovered in 2012, the Bacalhau oilfield sits in the pre-salt area of the Santos Basin at a depth... Continue Reading →

January 26, 2021 0

Hess Allocates 41% of Budget for Offshore Guyana Developments

Oil and gas producer Hess Corp on Monday forecast a small drop in output and set a $1.9 billion budget for 2021, most of which will go to Guyana, touted as one of the most important new oil and gas discoveries in the last decade. The company has been relying on its investment in offshore... Continue Reading →

January 25, 2021 0

Tullow Starts Drilling Ops at GVN-1 Exploration Well, Offshore Suriname

Oil and gas company Tullow Oil is set to start drilling at its Goliathberg Voltzberg North-1 (GVN-1) exploration well, offshore Suriname, targeting 235 million barrels of oil. The news of the drilling operation startup was shared by Tullow's partner Ratio Petroleum. "Ratio Petroleum is reporting that Tullow, the operator of Block 47, has commenced the... Continue Reading →

January 25, 2021 0

Big Oil hits brakes on search for new fossil fuels

(Reuters) - Top oil and gas companies sharply slowed their search for new fossil fuel resources last year, data shows, as lower energy prices due to the coronavirus crisis triggered spending cuts. Acquisitions of new onshore and offshore exploration licences for the top five Western energy giants dropped to the lowest in at least five... Continue Reading →

January 25, 2021 0

Subsea 7 grabs Angola contract

Subsea 7 has won a contract from Cabinda Gulf Oil Company (CABGOC) for the Sanha Lean Gas Connection (SLGC) project offshore Angola. Specifically, the project comprises the construction and installation of the Lean Gas Platform (LGP) system in Block-0 off Angola. It takes place at a water depth of approximately 70 metres. Project management and... Continue Reading →

January 22, 2021 0

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Category: Offshore Activity

Three players develop green solution to cut emissions in drilling operations

With an average of 2.94 million barrels per day, oil production in Brazil grows 5.5% in 2020, according to ANP

KAROON SIGNED LETTER OF INTENT WITH TECHNIPFMC FOR PURCHASE OF PATOLA FIELD EQUIPMENT

Enauta forced to stop Atlanta output again only day after restart

ENAUTA: ATLANTA FIELD RETURNS TO PRODUCTION

Subsea 7 picks Tenaris for Bacalhau project off Brazil

Hess Allocates 41% of Budget for Offshore Guyana Developments

Tullow Starts Drilling Ops at GVN-1 Exploration Well, Offshore Suriname

Big Oil hits brakes on search for new fossil fuels

Subsea 7 grabs Angola contract

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