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(Offshore-energy.biz)Brazilian oil and gas player Enauta is making progress in putting all the puzzle pieces together to bring a floating production, storage, and offloading (FPSO) vessel, destined to work at its field off the coast of Brazil, online later this year. After the first multiphase pumping subsea system (MPP), manufactured by OneSubsea, was loaded in Norway on January... Continue Reading →
(Reuters) - Mexican state energy company Pemex and billionaire investor Carlos Slim's team are discussing ways to revive development of the country's first deepwater natural gas field that was shelved twice before, two sources told Reuters.The sources, both with direct knowledge of the matter, said executives of companies controlled by the Slim family met with... Continue Reading →
(OE) Challenger Energy has, through its wholly-owned Uruguayan subsidiary CEG Uruguay, entered into farm-out agreement with Chevron for the 60% interest in the AREA OFF-1 block offshore Uruguay. As part of the agreement, Chevron will acquire a 60% participating interest in the AREA OFF-1 block, and will assume operatorship of the block, while CEG Uruguay... Continue Reading →
(Oilprice.com) Exxon and Malaysia’s state-run Petronas will extend exploration for a gas discovery off the coast of Suriname, the country’s national oil company, Staatsolie, said on Monday. Eyeing a repeat of the huge oil and gas success in the same basin offshore Guyana, explorers in Suriname are also reportedly considering a floating LNG project. Exploration... Continue Reading →
(PN) Drilling of the pioneer well in the Pau Brasil block, operated BP in the Santos Basin pre-salt, is scheduled to begin next month on April 24th. The well will be drilled by the Valaris DS-15 drillship. The vessel is being chartered at a daily rate of US$410,000. The contract will be valid until June... Continue Reading →
(ON) Dutch shipbuilder, SBM Offshore, said it has reserved a multi-purpose floater hull for the Jaguar floating production, storage and offloading (FPSO) vessel it is expected to construct for ExxonMobil’s sixth development offshore Guyana. In its 2023 Annual Report, the company said the hull ‘MPF5’, for the Jaguar FPSO, is under fabrication at China’s SWS... Continue Reading →
(PN) Tenaris announced that it has signed a contract with Petrobras to provide coating services for the Mero 4 production system, in the Santos Basin pre-salt. Under the scope of the contract, Tenaris will apply 81 km of thermal insulation coating to risers and flow lines. “The qualification process will take place throughout 2024, with... Continue Reading →
ExxonMobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up enlarging its holdings in the South American country. Exxon said on Monday it may exercise pre-emptive rights that could block Chevron... Continue Reading →
Energy and marine consultancy ABL Group has secured a contract by POSH Projects to act as tow master to support and supervise the towage of the Mero 3 FPSO from Yantai in China to Brazilian waters. As part of its scope of work, ABL’s operations in Singapore will provide a tow master to act as... Continue Reading →
(PN) Petrobras took a new step in its exploration program in the Espírito Santo Basin. The company started drilling well 1-BRSA-1391-ESS, in block ES-M-596, in a water depth of 2,100 meters. The activity is being carried out with the Norbe IX drillship, from Foresea, according to information from the National Petroleum Agency (ANP). The ES-M-596... Continue Reading →
Brazil Energy Insight 