Brazil’s OceanPact Buys Two AHTS Vessels from Akastor’s DDW Offshore

Brazilian offshore support vessel service company OceanPact has acquired two AHTS vessels, Skandi Saigon and Skandi Pacific, from Akastor's subsidiary DDW Offshore. OceanPact chartered the two vessels in March 2021 to support Petrobras' operations, with OceanPact having a purchase obligation at the end of the bareboat term. "Following the expiry of the charter period, both vessels are now... Continue Reading →

CRP Subsea Secures ‘Major’ Contract for Deepwater Oil Field Project in Brazil

(OE) UK-based CRP Subsea has recently won a "major" contract from an unnamed "leading energy technology company," AIS, CRP's parent company, said this week. CRP Subsea will deliver 333 distributed buoyancy modules (DBMs) for a deepwater oil field project located in the pre-salt Santos Basin, offshore Brazil. Distributed buoyancy modules (DBMs) are typically used between structures... Continue Reading →

PRIO on ODP5 Well start of production

PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), informs its shareholders and the market in general of the start of production of the ODP5 (“F23P3”) well, in the Frade Field (“Field” or “Frade”), with stabilized initial production of approximately 8,000 barrels of oil per day. Thus, PRIO has exceeded the milestone of 100,000 barrels per day... Continue Reading →

Karoon’s revised resource assessment at oil discovery off Brazil seen as ‘good step forward’

Australia’s oil and gas company Karoon Energy has updated its contingent resource estimates for a  field offshore Brazil. This is expected to facilitate the technical and commercial feasibility studies for a potential development, which are currently underway. Karoon added the Neon oil discovery option in May 2022 to the rig it hired in April 2021. Following the Patola completion activities, the Maersk Developer rig,... Continue Reading →

Baker Hughes Awarded Significant Gas Technology Contract to Support Equinor’s BM-C-33 Project in Brazil

(GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday it has been awarded a significant order, to be booked in the second quarter of 2023, by MODEC to supply gas technology equipment for the BM-C-33 project in the Brazilian pre-salt Campos area. The project is developed by Equinor with partners Repsol Sinopec Brasil... Continue Reading →

Enauta, once again, has temporarily interrupted production from the Atlanta field

Brazilian oil and gas player Enauta has temporarily interrupted production from a field located offshore Brazil only days after completing the preventive maintenance activities for a floating, production, storage, and offloading (FPSO) vessel, which is carrying out operations on this field. Enauta started preventive maintenance at the FPSO Petrojarl I in May 2023 and the production at the Atlanta field was... Continue Reading →

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