(Reuters) - Exxon Mobil Corp plans to drill up to 30 wells as part of its seventh oil project in Guyana, named Hammerhead, according to the development plan proposed by the company and disclosed by the government on Monday. The project, which is pending government approval, would start production in 2029, lifting the country's capacity to... Continue Reading →
Several bids received in Suriname’s shallow water round targeting multi-billion-barrel resources
(Oil Now) Suriname’s shallow water bid round has closed and according to its state oil company, Staatsolie, “several bids” were received. “We would like to thank the companies which have shown their interest,” the Staatsolie said in a recent announcement. The state oil firm is yet to release the companies that submitted bids and for... Continue Reading →
FPSO Newbuild for Petrobras’ Búzios Field Taking Shape in China
(OE) China’s state-owned ZPMC Qidong Marine Engineering has launched the bow section of the P-82 floating production storage and offloading (FPSO) unit, being built by Seatrium for Petrobras’ Búzios field offshore Brazil. The bow section of the N1151 (P-82) FPSO, said to be the world’s largest, exited the dock at ZPMC Qidong Marine Engineering in... Continue Reading →
Chevron and Hess say US FTC merger review expected for third quarter
(Reuters) - Oil producers Chevron Corp (CVX.N), opens new tab and Hess Corp (HES.N), opens new tab expect the U.S. Federal Trade Commission will review their proposed merger in the third quarter, the companies said in a statement on Thursday. Bloomberg News reported earlier on Thursday the FTC planned to delay its decision on whether to block Chevron's $53-billion... Continue Reading →
Production Start from FPSO Atlanta Up for Potential Delays
(OE) Oil and gas company Enauta has completed the anchoring of the floating production storage and offloading (FPSO) unit Atlanta at a field in Santos Basin, offshore Brazil. However, the production start from the unit might face delays due to announced strikes by the officials working in public institutions. In June, Enauta completed the anchoring... Continue Reading →
Greek Firm to Supply Steel Pipes for Woodside’s Mexico Trion Deepwater Field
(OE) Corinth Pipeworks has secured a contract from Woodside Energy, the operator of the Trion deepwater field offshore Mexico, to manufacture and supply approximately 118 kilometers of High Frequency Welded (HFW) steel pipes. The Trion field is located in the Perdido Fold Belt in Mexican waters of the Gulf of Mexico. Situated approximately 180km off... Continue Reading →
Vallourec Gets TotalEnergies’ Contract for Kaminho Deepwater Project
(OE) France-based tubular solutions supplier Vallourec has secured a contract from TotalEnergies to supply almost 5,000 tonnes of OCTG solutions and associated services for the Kaminho deepwater project on Block 20, 100 km off the coast of Angola. On this project, Vallourec will supply its range of VAM connections and use CLEANWELL, its more environmentally-friendly,... Continue Reading →
Eni Finds Oil Offshore Mexico
(OE) Italian energy giant Eni has made a new oil and gas discovery in an exploration well in Block 9 in the Sureste Basin, offshore Mexico. The discovery was made on the Yopaat-1 EXP exploration well, approximately 63 kilometers off the coast in the mid-deep water of the Cuenca Salina. The preliminary estimates indicate a... Continue Reading →
3R and Petroreconcavo sign MOU to evaluate the sharing of the gas infrastructure in Rio Grande do Norte
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3:RRRP3), in accordance with CVM Resolution No. 44, informs its investors and the market in general that has signed a Memorandum of Understanding (“MOU”) with PetroReconcavo S.A. (“Petroreconcavo”) to evaluate the sharing of the natural gas flow, compression, measurement and processing infrastructure owned by 3R in... Continue Reading →
Slim’s Grupo Carso inks deal to partner with Pemex on Lakach natural gas project
(Reuters) - Grupo Carso, the Mexican holding company controlled by the family of Mexican mogul Carlos Slim, said on Friday that it has signed an exploration and extraction services contract with state oil firm Pemex for the stalled Lakach natural gas project. With the contract, Grupo Carsobecomes Pemex's partner to develop the project after its... Continue Reading →