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Mexican state oil company Pemex expects a key offshore natural gas field located in the deepwater Gulf of Mexico will add significant output after inking a service contract on Monday, part of a push to grow local output while reducing imports. Pemex announced in a statement that the deepwater Lakach field will pump 300 million... Continue Reading →
(PN) The Ministry of Mines and Energy gave the seal of “priority” to the project to implement the new FPSO in Enauta's Atlanta field, located in the Santos Basin. As a reminder, the new platform will be used in the field's definitive production system. The FPSO OSX-2 (renamed FPSO Atlanta), which will be used in... Continue Reading →
(PN) Australian Karoon Energy announced that it has concluded the drilling of the PAT-2 well in the Patola prospect, located in the Santos Basin. The well was drilled with the Noble Developer rig (formerly known as Maersk Developer) and reached a total depth of 2,313 meters. According to the company, the preliminary interpretation of the... Continue Reading →
(OE) Shell's Brazilian subsidiary Shell Brasil Petróleo will not be making final investment decision (FID) on its Gato do Mato oil and gas field development offshore Brazil within the next 12 to 24 months. This is according to FPSO leasing firm BW Offshore which said Monday that Shell had informed it of its decision. BW... Continue Reading →
(OE) Oslo-listed offshore drilling company Shelf Drilling has secured a contract extension for its Shelf Drilling Tenacious jack-up rig. The contract is in direct continuation of its current contract for drilling operations offshore Angola until November 2023. The contract includes an additional one-year option. According to Shelf Drilling's fleet status report, the BMC Pacific 375... Continue Reading →
(Reuters) Shell has completed a scheduled maintenance at its 200,000 barrels-per-day Bonga deep water storage and offloading vessel in Nigeria, a spokesperson said. The Shell Nigeria Exploration and Production Company said in a statement late on Thursday that the maintenance was completed in 22 days, less than the scheduled 30 days. Bonga is typically one... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for October 2022 in the assets that the Company holds participation. (1) Refers to the 35% Interest held by 3R in Pescada Cluster concessions. (2)... Continue Reading →
(Reuters) - Under pressure to increase production, Mexico's state oil company Pemex has risked fines for violations that cause environmental damage rather than delay output to fix the underlying issues, according to two senior company sources. The decision by Pemex to opt for fines instead of repairs represents a major blow to the oil regulator's... Continue Reading →
(Reuters) - U.S. company New Fortress Energy (NFE.O) expects to sign an agreement next week with the Mexican government for the development of a liquefied natural gas (LNG) project associated with Mexico's Lakach offshore gas field, a company executive said on Wednesday. A $1.79 billion project by state company Petroleos Mexicanos to develop the once-abandoned Lakach deepwater... Continue Reading →
(OET) Offshore drilling contractor Valaris has revealed that one of its rigs has completed its task in the U.S. Gulf of Mexico (GOM) with Murphy Oil, a Houston-based oil and gas company. As a result, the rig moved to Mexico to embark on drilling assignments, which were secured earlier this year. Back in January... Continue Reading →
Brazil Energy Insight 