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Aug 7, 2019 The ANP approved the extension of the drilling decision point deadline and the deadline of the Discovery Evaluation Plan (DEP) of well 1-BRSA-1175-CES (Tango), in the POT-M-665 block, in deep waters in the Potiguar Basin, on the Brazilian equatorial margin. The discovery well drilling was conducted by Diamond Offshore's semi-submersible Ocean Courage.... Continue Reading →
UK’s marine engineering services provider James Fisher and Sons has decided to acquire a 60% of the share capital of Continental Participação E Administração Ltda., the holding company of Serviços Marítimos Continental S.A. James Fisher said on Wednesday that the acquisition will be done for a total cash consideration of £7.5 million ($9.1M), where £4.9m is... Continue Reading →
Aug 6, 2019 Modec inaugurated a new base of operations in the city of Macaé. The installation is a response from the company to the increased operational demand of its vessels in the Campos Basin and to business expansion projections for the coming years. Today, the company has 11 units in operation in the country,... Continue Reading →
Offshore drilling contractor Borr Drilling has been awarded another drilling contract by Pemex. As a result, Borr will have three of its jack-up rigs operating offshore Mexico for Pemex and four in total in the country. Back in March 2019, Borr revealed it had secured offshore drilling contracts for two of its jack-up rigs –... Continue Reading →
International energy logistics provider Peterson has been awarded a major contract with Repsol’s Guyana subsidiary for work on an offshore well. Peterson said on Tuesday that it was selected as the main logistics contractor for the Carapa-1 exploration and drilling project. The company will provide Repsol with integrated supply base operations management, logistics, and pipe... Continue Reading →
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 →
