Norwegian offshore vessel owner Solstad Offshore and Mexican company Subtec S.A have agreed to extend the contract for the CSV Far Sentinel with 2,5 years. Subtec is a Mexican company, with its base of operations in Ciudad del Carmen, Campeche, that is a part of Blue Marine’s business units. The vessel operates in Mexico. The... Continue Reading →
GranEnergia gets accommodation job from Petrobras
Brazil’s GranEnergia has been awarded a 93-day contract by Petrobras to support the P31 and P-50 FPSO maintenance campaign with its DP3 accommodation Floatel CSS Olympia. The first campaign, P-31 turret-moored FPSO is located in the Albacora field of the Campos Basin offshore Brazil. The FPSO is located in 330m water depth. The compact semi-submersible... Continue Reading →
Magni Partners raises offer for Sete Brasil rigs
July 17, 2019 Sete Brasil creditors will meet August 9 to deliberate on Magni Partners' new and seemingly final offer to acquire the Urca, Frade, Arpoador and Guarapari rigs. After four months of negotiations, the group raised the value of its proposal from US $ 250 million to US $ 296 million, ensuring contractual improvements.... Continue Reading →
Ecopetrol takes 10% stake in the Saturno project
The Minister of Mines and Energy, Bento Albuquerque approved the entry of Ecopetrol into the Saturno project, won by Shell and Chevron in the 5th round of production sharing auction, held last year. The Colombian company will have a 10% stake in the exploratory block of the pre-salt.
Enauta: 50,000 barrels per day FPSO for Santos Basin
July 16, 2019 Enauta is licensing with Ibama the installation of an FPSO with the capacity to produce 50,000 barrels per day of oil in the Atlanta field in the deep waters of the Santos Basin. The company estimates that the production unit will begin production in 2022. The Atlanta field currently produces from an... Continue Reading →
CNOOC and Repsol contract seismic with Spectrum for offshore Espírito Santo
July 16, 2019 Spectrum began licensing a campaign to acquire 6,600.97 km² of 3D seismic data in the exploratory blocks area ES-M-592 and ES-M-667, in the Espírito Santo Basin. The campaign is contracted by the companies CNOOC and Repsol, operator of the blocks, and is expected to start in December. The area of acquisition... Continue Reading →
Maromba’s assignment to BW Energy near approval
July 16, 2019 While ANP finalizes analysis of the process, Petrobras submits a proposal for the development of the field to Ibama The ANP is about to approve the full assignment of rights for the Maromba field, in the Campos Basin, to BW Energy. If completed, the decision will mark the debut of the oil... Continue Reading →
Brazil Just Got a Huge New Oil Field. Or Did It?
Earlier this year, geologist Pedro Zalan, a consultant to Petrobras, the Brazilian state oil company, analyzed new seismic survey data and calculated that a huge volume of oil is likely buried deep within the seabed, far off the country’s southern coast. The news was at once exciting and worrying for a country distressed by financial... Continue Reading →
Ibama releases license to install FPSO P-70
Petrobras has received from Ibama the license to install FPSO P-70, the first unit of the Atapu field, scheduled to begin production in 2020. Atapu is a field in the transfer of rights area, discovered in the area originally called the Entorno de Iara, and has an extension in the concession area of the BM-S-11... Continue Reading →
Petrobras announces Baúna field sale offer
Rio de Janeiro, July 15, 2019 - Petróleo Brasileiro S.A. – Petrobras informs that in the scope of the competitive sale process for the sale of its entire stake in Baúna field (concession area BM-S-40), located in shallow waters in the Santos basin, Karoon Petróleo & Gás Ltda. presented the best proposal. However, in relation... Continue Reading →