Category: Operators

Guyana to Monitor Offshore Drilling Rigs, Potential Oil Spills from Space

Maxar Technologies, a provider of space solutions and geospatial intelligence, has secured a three-year contract with the government of Guyana, for the provision of environmental monitoring services for both offshore and terrestrial applications. Maxar said Guyana’s Environmental Protection Agency (EPA) will use its services and technology, which leverages Maxar’s very-high resolution optical satellites, to monitor... Continue Reading →

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TechnipFMC scores another contract with TotalEnergies in Angola

TechnipFMC has secured a “significant” contract with TotalEnergies EP Angola for the supply of flexible pipe and associated hardware for a life extension project. The contract covers the engineering, procurement, and supply of flowlines and connectors for the Girassol Life Extension project (GIRLIFEX) offshore Angola. According to TechnipFMC, the flexible pipes are set to extend the life... Continue Reading →

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Galp withdraws from E&P offshore Angola

 Galp has agreed to sell its upstream assets offshore Angola to Somoil -Sociedade Petrolífera Angolana. The transaction, estimated at about $830 million, should complete during the second half of this year. The sale comprises Block 14 (9% Galp): Tombua; Landana; BBLT – Benguela, Belize, Lobito, Tomboco; and Kuito; Block 14K (4.5% Galp): Lianzi; Block 32 (5% Galp): Kaombo... Continue Reading →

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Challenger targets 3D survey on offshore Uruguay block

(OM) Challenger Energy Group (CEG) expects to fulfil its work commitment for the first four-year exploration period on the AREA OFF-1 Block offshore Uruguay during second-quarter 2023. This includes 2D seismic reprocessing and various technical studies. In parallel, the company is seeking a farm-out to bring in a partner to fund an accelerated 3D seismic acquisition program.... Continue Reading →

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Big oil to keep capital investment taps closed despite collecting $283 bln in 2022, says Westwood

(OET) While looking into the conundrum concerning the cashflow and capex of five supermajor oil companies – BP, Shell, Chevron, ExxonMobil and TotalEnergies – Westwood Global Energy, an energy market research and consultancy firm, has outlined that capital investment is lagging, even though the energy giants became efficient in generating cash from oil and gas production, enabling record... Continue Reading →

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