Brought to you by Quest Offshore & Southern Cone Consultants
Aug 18, 2020 This week Petrobras launched a tender to choose a supplier to acquire up to 15.1 km of flowline flexible pipelines for gas injection. The International competition will be in closed dispute mode, with the deadline for submitting proposals on August 24th. The opening of the envelopes with the competitors' proposals is scheduled... Continue Reading →
A Maersk Drilling-owned drillship is expected to restart operations in Africa for French oil major Total following a suspension of the contract, which started at the end of April. According to Maersk Drilling’s latest fleet status report, Total suspended its contract for the Maersk Voyager drillship with effect from 29 April 2020. Continue reading
Calmer political waters should help turn the country into a global exploration hotspot The small Latin American nation of Suriname is poised for profound change. Revenues from major offshore oil discoveries announced this year could transform the country’s long-term economic prospects. And, following the resolution of an election deadlock, a new coalition government has finally... Continue Reading →
The oil market turmoil brought on by Covid-19 has led to lower-than-anticipated activity and delayed projects, forcing the industry to deploy cost-cutting measures. A Rystad Energy analysis of the top 50 oilfield service (OFS) firms shows that staffing is set to reach its lowest level in more than 10 years, with the anticipated revenue per... Continue Reading →
Aug 12, 2020 Petrobras management is promising the supply chain to share a series of technical details about its new pre-salt exploration and production projects earlier. The information was provided by the company's executive director of Production Development, Rudimar Lorenzatto, who participated in a webinar promoted by SPE Brasil. The executive stated that the sooner... Continue Reading →
U.S. oil major ExxonMobil is set to begin drilling at the Kaieteur Block offshore Guyana, hoping to replicate successes made in the adjacent Stabroek block where it has made more than 16 discoveries. Westmount Energy, which indirectly owns a share in the Kaieteur Block, on Monday cited a statement by Ration Petroleum, according to which the... Continue Reading →
Just as the oil and gas industry was starting to get back on its feet, COVID-19 and plummeting oil prices have affected the market across the board, including well intervention. But players in this space are optimistic, with new vessels and more compact intervention systems being planned and hopes that production enhancement will be an... Continue Reading →
Norwegian offshore supply vessel owner Solstad offshore has secured several contract extensions with oil companies Total and Equinor in Brazil. France's Total has extended the contracts for the platform supply vessel Normand Swift and the AHTS vessel Far Sagaris until December 2020. Tge vessels will be used to support Total’s activities in the Lapa field... Continue Reading →
Norwegian seismic data provider TGS on Friday announced a return to Argentina to complete the previously announced 17,800 square kilometer Malvinas 3D Multi-Client survey. The acquisition is set to restart in Q4 2020 on what TGS said was a "highly- funded survey." TGS further said the survey would continue to grow the 3D library in... Continue Reading →
CIMC Raffles-managed offshore accommodation rig OOS Tiradentes will soon resume work for Petrobras in Brazil, after a hiatus due to COVID-19 pandemic. CIMC Raffles asset operation management center which manages the semi-sub accommodation rig, has received the notice from Petrobras to resume operation. Continue reading
