Brought to you by Quest Offshore & Southern Cone Consultants
(Oil Now) Subsea7 is closely watching Suriname’s offshore oil sector, with hopes of winning a massive subsea contract to support TotalEnergies’ Block 58 project. In a Q2 earnings presentation, Subsea7 listed the Suriname project among a selection of Invitations to Tender (ITT) in-house or expected in the next 12 months. It expects the contract to... Continue Reading →
Camorim announces the July 2024 contract with Petrobras, in partnership with GranEnergia, for the operation of the Sayan Polaris vessel. The contract, worth approximately USD 60 million, will last for 2 years, where the Sayan Polaris vessel will act as an accommodation and personnel transfer unit for the Petrobras units that will be served during... Continue Reading →
(Reuters) - Brazil's Petrobras will include at least one partner in its bid for a 40% stake in Galp Energia's Mopane oil prospect in Namibia, two sources with knowledge of the matter told Reuters. Last week, Petrobras' director of exploration and production, Sylvia dos Anjos, told Reuters that the state-run firm had made a non-binding... Continue Reading →
ANP released the Monthly Bulletin of Oil and Natural Gas Production for June 2024, which brings consolidated data on national production. In June, there was an increase, compared to May 2024, in oil and natural gas production, as well as in pre-salt production. Total production (oil + natural gas) was 4.353 million barrels of oil... Continue Reading →
Petrobras has signed the first contract to acquire undersea equipment to start implementing the Atapu 2 and Sépia 2 projects. The equipment will be installed in the Santos Basin's pre-salt layer and the Campos Basin Roncador field. The commercial agreement was closed with the SLB OneSubsea group, and the equipment will start being built in... Continue Reading →
Production from the Golfinho license in the Espírito Basin offshore Brazil has been impacted recently by reduced gas-lift compressor uptime from the GLF-28 well, operator BW Energy said in an update. However, the well is now back online following ROV intervention, with a program underway to improve reliability. During August, the company plans a 12-day shutdown on... Continue Reading →
(PN) FPSO Almirante Tamandaré began its journey to Brazil. The unit left the CMHI shipyard in China today (31) and is headed for the Buzios field, in the pre-salt layer of the Santos Basin. The new platform will be the first with high capacity to be installed in the field, with the potential to produce... Continue Reading →
(Reuters) - Petrobras as well as Chinese oil firms CNOOC and Petrochina were the winners of a Wednesday oil auction that is expected to bring record revenue for Brazil's Pre-Sal Petroleo (PPSA). State-run oil firm Petrobras won two bids, acquiring 12 million barrels from the Mero field and another 2.5 million from Buzios field, while... Continue Reading →
(OE) Oil and gas company Enauta has completed all subsea system and lines connections with the floating production storage and offloading (FPSO) Atlanta, ahead of first oil production expected in August. Ongoing activities currently include mandatory adaptations by regulatory agencies, final testing, and commissioning, which will conclude the operational activities scheduled to start production on... Continue Reading →
(Reuters) Brazilian state-run oil company Petrobras said on Monday its crude oil production during the second quarter rose 2.6% from the year-ago period after it ramped up five oil platforms and started production in 12 wells. Petrobras pumped 2.16 million barrels per day (bpd) from April to June, and produced 2.7 million barrels of oil... Continue Reading →
Brazil Energy Insight 