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Brazil’s offshore oil and gas sector: it’s complicated, challenging and rife with opportunity. Brazil today is seeing offshore activity increase, production is on the rise, and its government has made significant strides to remove obstacles for investment. But not long ago the picture looked very different for one of the planet’s foremost offshore oil and... Continue Reading →
BP PLC, Chevron Corp and Royal Dutch Shell PLC are among firms that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks. Combined, the minimum signing bonuses for the blocks in the so-called 16th post-salt oil bidding round in... Continue Reading →
German oil and gas company Wintershall Dea has farmed down a 30% participating interest in its three Potiguar offshore exploration blocks to the subsidiary of Murphy Oil Corporation in Brazil. The subsidiary, Murphy Brasil Exploração e Produção de Petróleo e Gás Ltda, will become Wintershall Dea’s partner in blocks POT-M-857, POT-M-863, and POT-M-865. Wintershall Dea said... Continue Reading →
October 8, 2019 Petróleo Brasileiro SA - Petrobras, following up on the release of 11/28/2018, reports that today it completed the sale of its interests in Pargo, Carapeba and Vermelho fields, located in shallow waters off the coast of the State of Rio de Janeiro, to Perenco Petróleo e Gás do Brasil Ltda (“Perenco”). After... Continue Reading →
Danish vessel provider Maersk Supply Service will provide an integrated mooring lines life extension solution for Shell’s FPSO Fluminense, including project management, engineering, interface management, and offshore execution off the coast of Rio de Janeiro. Maersk Supply said on Wednesday that the offshore phase is expected to start in December. The project includes heading control... Continue Reading →
Oct 7, 2019 Petrobras has requested from the Brazilian Institute of Environment and Natural Resources (Ibama) the Preliminary License and the Installation License for the implementation of the Offshore Wind Generation Pilot Plant, about 20 km off the coast of Guamaré, in Ubarana Field, in Rio Grande do Norte. It was determined environmental study.
Danish offshore vessel owner Maersk Supply Service has secured a 1.5-year contract with Blue Marine Group to support Pemex from subsea support vessel Maersk Installer. Joining Maersk Implementer, the vessels will assist the national oil company in achieving its targets of increasing production, the vessel owner said on Monday. Maersk Installer arrived in Mexico on... Continue Reading →
Mexican President Andres Manuel Lopez Obrador said on Thursday that his government is not seeking to take control of the Zama oilfield discovery, which is currently operated by a private consortium led by U.S.-based Talos Energy. Reuters reported earlier this week that Mexico's national oil company, Pemex, wants to take control of Zama from Talos,... Continue Reading →
The 9,200-metric-ton jacket for the new Peregrino C platform has been loaded out at the Heerema fabrication yard in Vlissingen, the Netherlands, and is being fasted to a barge for sail away to the Equinor-operated Peregrino field offshore Brazil. The wellhead platform topsides are due to leave the Kiewit yard at Ingleside, Texas, later this... Continue Reading →
A consortium formed by Hokchi Energy, Talos Energy and Wintershall Dea has given up a Mexican oil contract in the Gulf of Mexico's shallow waters due to lack of commercial discovery, the country's oil regulator said on Wednesday. As part of Mexico's flagship energy reform, the consortium in 2015 was awarded a contract to explore... Continue Reading →
