McDermott calling the shots at Shell’s mega gas project offshore Trinidad and Tobago

(offshore-energy.biz) U.S. offshore engineering and construction player McDermott has been tasked with putting all the pieces in place for the development of a gas project off the coast of Trinidad and Tobago, thanks to an engineering, procurement, construction, installation (EPCI), hook-up, and commissioning contract with Shell Trinidad and Tobago Limited, a subsidiary of the UK-headquartered... Continue Reading →

Petrobras obtains environmental licenses to increase Brazil oil production, sources say

(Reuters) - Brazil's state-run oil company Petrobras has obtained environmental licenses to expand production in two offshore fields, and could have one vessel start production earlier than expected in one field, three people with knowledge of the matter told Reuters. The licenses will allow Petrobras to increase production in the Mero and Buzios fields, with Buzios... Continue Reading →

Equinor Exits Suriname

(Reuters) Equinor and ExxonMobil Corp said on Wednesday they have transferred their stakes in a deepwater oil and gas exploration block off Suriname to Hess Corp, with the Norwegian oil producer exiting the South American country. The exit aligns with Equinor's strategy to focus on producing oil and gas in a few core areas, such... Continue Reading →

FPSO Maria Quitéria arrives in Brazil

The Maria Quitéria platform vessel has arrived in Brazil, destined for the Jubarte field, in the Parque das Baleias complex, in the Espírito Santo portion of the Campos Basin. It is an FPSO (floating oil production, storage and transfer system) unit, equipped with technologies to reduce emissions, including the combined cycle in power generation –... Continue Reading →

Occidental Petroleum and Ecopetrol to Drill World’s Deepest Offshore Oil Well

(Oilprice.com)U.S. shale producer Occidental Petroleum Corp. (NYSE:OXY) and Colombia's integrated energy company Ecopetrol S.A. (NYSE:EC) are planning to drill an offshore oil well off Colombia's waters in seas roughly 3,900 meters (close to 13,000 feet) deep before the year is out, Bloomberg has reported. Dubbed Komodo-1, the ultra-deepwater well will qualify as the deepest offshore oil well in the world, beating... Continue Reading →

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