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Oct 16 (Reuters) - Guyana's Vice President said on Thursday the country will not take any possible gas development off the negotiation table, including Exxon Mobil's future offshore projects. Exxon's eighth project, Longtail, is expected to be the first to develop non-associated gas in Guyana, and two more discoveries, Haimara and Pluma, could follow. An Exxon... Continue Reading →
Oct. 16 - SBM Offshore has taken a step forward in the race for the construction and operation contracts for the two offshore platform ships (FPSOs) for the Sergipe Deepwaters project (SEAP I and II). Petrobras opened the bids from its competitors on October 15. The Dutch company submitted the best offers, with a total... Continue Reading →
Oct. 16 (OE) Equinor and its partners has started production from the large Bacalhau field in Brazil, whose recoverable reserves exceed 1 billion barrels of oil equivalent (boe). Bacalhau is located in the pre-salt region of Brazil's Santos Basin in ultra-deep water of over 2,000 meters. The field features one of the most modern floating... Continue Reading →
Oct. 16 (OE) U.S. oilfield services provider Halliburton has secured multiple contracts from Petrobras to provide completion and stimulation services for its deepwater fields offshore Brazil. The contracts entail vessel stimulation, intelligent completions, and safety valves services, using Halliburton’s engineering solutions. In the Búzios field, Halliburton will deploy its SmartWell intelligent completion technology to enable... Continue Reading →
Oct. 14 (oilprice.com) Brazil’s Petrobras has restarted production at its flagship Tupi offshore oilfield, restoring one of the country’s most productive pre-salt assets and adding momentum to Brazil’s rise as a top-five global oil producer. The Cidade de Angra dos Reis floating production vessel resumed operations this week after completing maintenance and compliance work ordered by Brazil’s oil... Continue Reading →
Oct. 14 (Reuters) Oil production by a consortium led by Exxon Mobil in Guyana rose to 770,000 barrels per day (bpd) following the start-up of the group's fourth floating output facility, the company's chief for the South American country said on Monday. Average production by The Exxon group, which controls all crude and gas production... Continue Reading →
Oct. 14 - Norwegian offshore supply vessel owner DOF Group has secured long-term contracts for two of its vessels with Petrobras for work offshore Brazil. The contracts, with a combined value of approximately $200 million, are for Skandi Chieftain high-spec subsea vessel and Skandi Olympia DP2 construction support vessel. The vessels have been awarded four-year... Continue Reading →
Oct. 13 - M&O is proud to announce our new partnership with Score Group, a global leader in advanced valve engineering and management solutions, as it enters Brazil’s offshore industry. Score brings world-class valve expertise and extensive inventory to ensure operators have the reliability, performance, and support they need. For over 40 years, Score has... Continue Reading →
Oct. 13, (OE) Sea1 Offshore, formerly Siem Offshore, has secured a new contract for its platform supply vessel (PSV) Sea1 Atlas. The contract for Sea1 Atlas PSV is in Brazil and has a duration of three years, along with six-month option at market terms. The start of operations is scheduled for the first quarter of... Continue Reading →
Oct. 10 (Reuters) Equinor has scrapped plans to cut greenhouse gas emissions by connecting several offshore platforms to Norway's onshore power grid, the company told the government on Friday, citing soaring costs. The oil and gas sector is Norway's largest source of climate emissions, accounting for about a quarter of the total. Around 80% of industry emissions... Continue Reading →
Brazil Energy Insight 