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Norwegian offshore vessel owner Solstad Offshore has been awarded a new contract offshore Brazil for one of its platform supply vessels (PSVs). Solstad Offshore informed on Monday that PSV Normand Titus has been booked by Trident Energy do Brasil for work in Brazilian waters, where Trident operates and owns 100 per cent working interest in ten concessions. The... Continue Reading →
Petrobras to start the 3D Nodes Marine Seismic Survey Activity in the Itapu field, located in the Santos Basin. The works will be carried out approximately 174 kilometers from the coast, in a water depth of 1,600 meters. The acquisition of seismic data will be conducted by the company PXGeo do Brasil. Itapu is a... Continue Reading →
(U) Prio plans to start drilling four development wells in the Wahoo oil field offshore Brazil, the company said this week. It will be connected via a subsea tieback to the Frade oil field, which it also owns, the independent oil company said in a statement issued at the Rio Oil & Gas 2022 conference.... Continue Reading →
(OM) News from Rio Oil & Gas 2022 is upbeat about the prospects for offshore E&P, according to Evercore ISI’s most recent Offshore Oracle report, with many international operators offering updates on their upcoming projects slated offshore Brazil. Added to that was Exxon Mobil’s announcement that $13 trillion in new oil and gas investments will be... Continue Reading →
UK oilfield services provider Wood has been awarded two offshore contract extensions in Brazil, which include the provision of operations services for Trident Energy and maintenance solutions for Equinor. In July, Wood and Trident Energy signed an agreement to perform production and deck operation services onboard platforms P08, P65, PCE1, and PPM1. This contract is a one-year extension of... Continue Reading →
(OED) Danish offshore drilling firm Maersk Drilling has secured a contract with Shell Brasil for the semi-submersible rig Mærsk Developer in the Campos basin offshore Brazil. The offshore drilling rig will drill one exploration well and perform subsea well interventions at the BC-10 field. The contract is expected to start in March 2023, in direct... Continue Reading →
(U) Trident Energy expects to start looking next month for buyers of stakes in two of the 10 oil concessions it wholly acquired from Petrobras in 2020, its top boss said on Wednesday. The UK firm has hired Brazilian bank Itaú BBA to run the competitive process, Jean-Michel Jacoulot, chief executive officer of Trident, told... Continue Reading →
(U) Shell expects to decide on sanctioning Gato do Mato, its biggest new Brazilian offshore project, within the next three months – after re-evaluating its viability in the light of supply constraints and rising costs in recent months. The UK-based supermajor has been working on contracting arrangements for a project that will feature a floating... Continue Reading →
(EV) TotalEnergies plans to continue pressing ahead with short-cycle projects in Angola but also add a new hub on the Cameia-Golfhino finds. Patrick Pouyanné, speaking during the company’s strategy and outlook presentation, highlighted the attractiveness of Angola’s role in Total’s portfolio. The company aims to take a final investment decision on the new Angola hub... Continue Reading →
About 157,706 barrels, or 9%, of oil production in the U.S. Gulf of Mexico were shut on Wednesday by Hurricane Ian, said offshore regulator Bureau of Safety and Environmental Enforcement. Hurricane Ian was lashing Florida's Gulf Coast with powerful winds and drenching rain, but the Category 5 storm steered clear of the Gulf's richest oil production areas. ... Continue Reading →
Brazil Energy Insight 