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Aug 5, 2019 Petrobras will soon contract a new 3D seismic campaign with nodes for the Santos Basin pre-salt cluster. After Libra and Buzios, the oil company will seek services to cover almost the entire field of Lula. It is estimated that the tender will be released within 30 days. The details are still being... Continue Reading →
Aug 5, 2019 Willing to take advantage of the window of opportunity that the market offers in terms of interest rates and assets for sale, PetroRio is preparing to issue dollar funds next month that will give it the firepower to buy assets and develop those that already exist. The company has consulted with investors... Continue Reading →
The Government of Guyana has approved resequencing of CGX Energy’s work program in the offshore Corentyne block. The block is operated by CGX’s wholly-owned subsidiary CGX Resources. Frontera Energy also holds a stake in the block through a farm-in completed in early May. CGX said last Friday that it had intended to drill one exploration... Continue Reading →
RigNet, a global provider of communications solutions for the offshore oil and gas industry, has signed two multi-year agreements with offshore drilling contractor Transocean. Under the two agreements, RigNet will provide rig analytic applications through Intelie Live, the company’s real-time analytics platform, to help improve operational integrity and efficiency. The company also introduced its first... Continue Reading →
Deepwater oil and gas developments can compete with shale, energy intelligence groups Wood Mackenzie has said following Shell’s FID for the PoweNap project in the Gulf of Mexico on Thursday. As Offshore Energy Today reported on Thursday, Shell will develop the PowerNap deepwater oil development as a subsea tie-back to its Olympus production hub, which... Continue Reading →
August 2, 2019 - Tokyo MODEC, Inc. is pleased to announce that it has developed the "MODEC NOAH" and "M350", next generation new built hulls for Floating Production Storage and Offloading (FPSO) vessels utilizing its extensive knowledge, experience and proven successes in engineering, construction, operations and maintenance of FPSOs as a leading company in... Continue Reading →
July 31, 2019 Petrobras and Equinor plan to reach the pre-salt of the Espírito Santo Basin with the drilling of the Monai prospect in block ES-M-669. According to the companies, the campaign will be fundamental for them to evaluate the exploration of other concessions acquired in the 11th round of the ANP, which, so far,... Continue Reading →
July 31, 2019 Brazil is on track to be one of the world's leading oil producers over the next 10 years, Felipe Kury, director of the National Petroleum, Natural Gas and Biofuels Agency. The challenge "is to have this plurality of actors and various environments," said Kury. For him, this is "an incredible moment" for... Continue Reading →
The Wilson Sons Group completed another tugboat of its escort tug series on the 19th of July, the WS Aries, which now joins the WS Sirius as the most powerful in Brazil. Built by Wilson Sons Estaleiros and designed by Damen Shipyards, the vessel has a LOA of 32 meters and a beam of 12 meters. “This... Continue Reading →
July 30, 2019 BP Energy is taking a cautious approach to the Transfer of Rights Surplus auction. Speaking to analysts on Tuesday, CEO Robert Dudley said the company has not yet decided whether to try to bid for any of the four areas to be offered in November. “[Assets] seem very expensive, and we will... Continue Reading →
Brazil Energy Insight 