Category: Operators

Chinese shipbuilder delivers MODEC’s new giant FPSO destined for Brazilian waters

(OET) Dalian Shipbuilding (DSIC), part of China State Shipbuilding Corporation (CSSC), has delivered a floating production storage and offloading (FPSO) vessel bound for an Equinor-operated field off Brazil. Back in June 2021, Equinor made the final investment decision (FID) for the $8 billion worth Bacalhau project. A few days later, MODEC officially confirmed a contract award with Equinor to deliver the engineering, procurement,... Continue Reading →

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Ecopetrol, Repsol make hydrocarbon discovery in Colombia

(Reuters) - Colombian majority-state-owned oil company Ecopetrol and Spanish energy business Repsol have discovered hydrocarbons at the Tinamu-1 exploration well in Colombia's Meta province, the companies said on Monday. The well is located in the CPO-9 block, in which Ecopetrol (ECO.CN) holds a 55% stake and serves as the operator, while Repsol (REP.MC) holds the remaining 45%, the companies... Continue Reading →

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Venezuela, Trinidad to Continue Talks on Joint Development of Dragon Offshore Gas Field

(Reuters) Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas, according to three sources familiar with the matter.  Officials from both governments last met in March in Venezuela, where they signed confidentiality agreements required to set up a negotiation... Continue Reading →

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