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(Reuters) - A ruling from a Colombian court that ordered the suspension of work at a major offshore gas well is a threat to the country's energy security, industry groups the Colombian Petroleum Association (ACP) and Naturgas said on Monday. In a court order dated Sept. 11, a judge said activities at well Uchuva-2, on the... Continue Reading →
(offshore-energy.biz) Many factors, including roadblocks, play a role in oil and gas extraction and development around the globe. Some of these are region-specific while others tend to be a global problem. Mexico’s five largest upcoming hydrocarbon projects have not managed to escape these, thus, they are also facing such technical and other issues. The Latin... Continue Reading →
(PN) Brava Energia (formed by the merger between 3R and Enauta) announced it has received the operating license from the Brazilian Institute of the Environment (Ibama) for the Atlanta platform ship (FPSO), which will be installed in the field of the same name, in the Santos Basin. The company is now working to obtain approval... Continue Reading →
(Reuters) - Exxon Mobilhas pulled out of the race to buy half of Galp Energia's (GALP.tab stake in a large oil discovery in Namibia that has attracted interest from top energy companies, sources with knowledge of the matter said. More than 12 oil companies including Exxon, Shell and Brazil's national oil company Petrobras had expressed interest in Galp's 40% stake in... Continue Reading →
(OE) Offshore drilling contractor Constellation has secured a new contract with Shell for its Alpha Star ultra-deepwater drilling rig offshore Brazil. The contract is for approximately 30 days, having started on August 30, 2024. The new contract will be executed at the same day rates as the current agreement with 3R Petroleum and will not... Continue Reading →
(OE) U.S.-based engineering and construction giant KBR has been hired by Seatrium to develop topsides facilities for two floating production storage and offloading (FPSO) units, being designed for Petrobras’ Atapu and Sepia fields in the Santos Basin, offshore Brazil. Under the terms of the contracts, KBR will provide Seatrium with detailed engineering services and technical... Continue Reading →
(OE) BP has entered into an agreement with Perenco T&T to divest its Immortelle, Flamboyant, Amherstia and Cashima offshore gas fields and associated production facilities, as well the undeveloped resources from the Parang field in Trinidad and Tobago. BP Trinidad and Tobago operates and currently is the sole owner in each of the assets included... Continue Reading →
(PN) Brazil is expected to receive around R$10 billion in investments this year in oil and gas blocks that are in the exploration phase. The data was presented by the National Petroleum Agency (ANP), in the Annual Exploration Report (available on the ANP website). Of this amount, the offshore environment will receive R$9.50 billion, of... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on Communication of December 13, 2023, informs that it signed 26 Concession Contracts of the 4th Permanent Concession Offer Cycle, acquired in partnership with Shell in the public session held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in December 2023. The consortium will have... Continue Reading →
(offshore.mag.com) Harbour Energy expects to complete its acquisition of Wintershall Dea’s global E&P portfolio in early September. The process of satisfying the conditions to completion has been advancing, including the recent receipt of Mexico regulatory consents. Earlier this month, the Danish Energy Agency also approved the indirect transfer of interests in four licenses that had been granted to... Continue Reading →
Brazil Energy Insight 