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Brazilian offshore support vessel operator CBO has tasked maritime equipment manufacturer Wärtsilä, based in Finland, to convert one of its offshore vessels to operate with hybrid propulsion. The vessel selected for the upgrade is the 2012-built platform supply vessel CBO Flamengo. According to Wärtsilä, the CBO Flamengo will be the first vessel in Brazil and... Continue Reading →
Italian oilfield contractor Saipem has recently received the authorization to proceed with the final phase of the Payara development project in Guyana from the project operator ExxonMobil. Saipem has been working in this country for the last three years, starting with the award of the Liza phase 1 contract. Saipem said on Monday that this... Continue Reading →
A further increase in the gross recoverable resources is anticipated at Guyana’s Stabroek Block, adding to the recently upgraded 9 billion boe estimate, according to Hess Corporation. Greg Hill, Chief Operating Officer, explained to investors on the company’s Q3 earnings call last week that the 9 billion barrels of oil equivalent (boe) upgrade that was... Continue Reading →
Mexican Energy Minister Rocio Nahle said on Monday so called farmouts, or joint ventures, could be done with state oil firm Petroleos Mexicanos if feasible projects are put forward, marking a potential shift from her previous skepticism. Nahle, one of the staunchest defenders of President Andres Manuel Lopez Obrador's drive for a more statist energy... Continue Reading →
Seismic survey services company Shearwater GeoServices has won a five-month contract extension for CGG’s Brazil Nebula multi-client survey. This extension-period starts in the late fourth quarter of 2020 and will be conducted by the Oceanic Sirius vessel. To remind, Shearwater had first won the contract with CGG for the Nebula project in July 2020. In a separate... Continue Reading →
Japan’s FPSO provider MODEC has contracted GranEnergia for the provision of its UMS Venus, a semi-submersible accommodation unit also known as flotel, to support its offshore maintenance campaigns in Brazil. GranEnergia said on Thursday that the UMS Venus will provide MODEC with a safe and stable platform, to execute its offshore maintenance campaigns scheduled for... Continue Reading →
Ocean bottom seismic company Seabed Geosolutions has won a contract for a baseline 4D ocean bottom node (OBN) survey as well as a future 4D monitor OBN survey in Brazil. The project, for an unnamed client, is to be acquired in water depths greater than 2,200 meters and the baseline survey is scheduled to start... Continue Reading →
Belgium-based shipowner Exmar has settled a dispute over the charter of the Tango FLNG with Argentinian energy firm YPF, that will see the FLNG charter terminated in exchange for a settlement fee. To remind, YPF in June sent a force majeure notice to Exmar, saying it was not able to pay for the charter of the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that, given the economic context of the COVID-19 scenario, it postponed the Integrated Project of Parque das Baleias by about one year, with the start of operation and first oil to 2024, but preserving the scope of the project that foresees the relocation of wells between platforms in operation... Continue Reading →
Dutch marine services and towage company KOTUG said it has been awarded a long-term contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) to provide offshore terminal towage support for operations in Guyana. KOTUG, through local entity KOTUG Guyana Inc., will employ a high-spec 130 tonnes bollard pull, DP-2 azimuth anchor-handling tug SD... Continue Reading →
