Oil and gas major ExxonMobil has made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. This is the 14th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block, ExxonMobil... Continue Reading →
Petrobras announces departure of platform P-68 for operation in Berbigão and Sururu fields
September 16, 2019 Petróleo Brasileiro S.A. - Petrobras reports that the P-68 platform left today the Jurong Aracruz Shipyard, heading to the Berbigão and Sururu fields, in the Santos Basin pre-salt. Production of these fields is expected to begin in the fourth quarter of 2019. In line with its 2019-2023 Business and Management Plan, P-68... Continue Reading →
Shearwater awarded its first survey in Colombia
Shearwater GeoServices has been awarded a 3D Isometrix seismic survey by Colombia’s Ecopetrol. This will be the first Isometrix survey in Latin America with marine acquisition starting in 4Q 2019. Shearwater said on Monday that the survey covers 2,000 sq. km of 3D seismic offshore Colombia on Ecopetrol’s Block COL-5 and will acquired by the... Continue Reading →
Tullow opens new oil play with second discovery offshore Guyana
Oil and gas company Tullow Oil has made a second oil discovery offshore Guyana. The Joe-1 exploration well has opened a new Upper Tertiary oil play in the Guyana basin. Tullow started drilling at the Joe prospect in the Orinduik block offshore Guyana, the company’s second well in the block after the Jethro-1 well, in... Continue Reading →
ANP approves sale of Petrobras fields to Perenco
Sept 13, 2019 The Agency (ANP) approved the Petrobras sale of Carapeba, Pargo and Vermelho fields, in the Campos Basin to Perenco. The deal, signed in November last year, was closed for $ 370 million, with 20% ($ 74 million) paid at the time. The remainder will be paid upon closing of the transaction, considering... Continue Reading →
Offshore Routes 1, 2 and 3 to go public
September 12, 2019 Petrobras formulates sales models for the pre-salt pipelines with partners, scheduling operation for 2020 Petrobras is preparing an unprecedented operation to reduce its stake in the Route 1, Route 2 and Route 3 pipelines, which are responsible for interconnecting the Santos cluster fields to the coast of Rio de Janeiro and São... Continue Reading →
ExxonMobil strengthens presence on Sergipe coast
September 12, 2019 With the acquisition of three new concessions in the Sergipe-Alagoas Basin, in the permanent offer of the National Petroleum Agency (ANP), this week, ExxonMobil consolidates its presence in Brazil's most promising exploration and production frontier since the discovery of pre-salt. The American-led consortium, along with Enauta and Murphy Oil, is expected to... Continue Reading →
Solstad Offshore in double win in Brazil
Norwegian offshore vessel owner Solstad Offshore has been awarded contract extensions for two of its anchor handlers in Brazil. Solstad said on Thursday that Petrobras had declared its options to extend the contracts for the two AHTS vessels, Far Scout and Far Santana, with one year. Both contracts are then firm to the third quarter... Continue Reading →
Talos gets extension and more time for additional exploration in Mexico
Houston-based Talos Energy has received a two-year contract term extension as well as regulatory approvals for additional exploration activities on Block 7, located in the offshore portion of Mexico’s prolific Sureste Basin. On September 4, 2019, the National Hydrocarbons Commission of Mexico (CNH) granted a two-year term extension under the Consortium’s production sharing contract for... Continue Reading →
Approval of Production Individualization Agreements for the Atapu and Sépia accumulations in the Santos Basin
September 11, 2019 Petróleo Brasileiro S.A. - Petrobras informs that it was notified by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) on the approval of the Production Individualization Agreement of Atapu and Sépia accumulations, located in the Santos Basin. The Agreement is celebrated in situations where the reservoirs extend beyond the areas... Continue Reading →
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