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(Reuters) - Top oilfield services provider Schlumberger Ltd (SLB.N) reported a 64.9% jump in third-quarter profit on Friday that topped Wall Street expectations as a surge in oil and gas prices led to more drilling activity. Oil and gas producers are looking to increase production as crude prices stay near eight-year highs, boosting demand for Schlumberger's equipment,... Continue Reading →
(Reuters) Mozambique expects to ship its first liquefied natural gas (LNG) exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, petroleum regulator INP said on Friday in a supply boost for the energy-starved region. BP's LNG tanker, British Sponsor, has already arrived offshore northern Mozambique, said Welligence Energy Analytics in... Continue Reading →
Norwegian DOF Subsea has secured a three-year contract for two multipurpose support construction vessels (MPSVs) with Esso Exploration & Production Guyana. DOF Subsea will perform inspection, maintenance, and repair (IMR), well-intervention support, and light subsea construction activities to support the “growing” subsea infrastructures in the Stabroek Block offshore Guyana. The two MPSVs, featuring 250-ton AHC cranes and work-class... Continue Reading →
(TN) Global energy company Equinor is committed to a sustainable, low-carbon future and believes that the effective use of data is essential to achieving its goals. To break down corporate data silos and provide employees with all the information they need to make effective decisions, the company chose to implement Microsoft Energy Data Services in... Continue Reading →
(OM) Yinson Production has ordered two large API 610 OH2 pumps from Amarinth for use on the FPSO Atlanta. Brazilian operator Enauta recently concluded the purchase of an FPSO for its Atlanta Field in the Santos Basin. This will operate in water depths of 1,500 m and is being adapted by Yinson Production from the existing FPSO OSX-2 under an EPCI contract. Dubai Drydocks World... Continue Reading →
(WO) Equinor has become the first oil and gas operator to utilize a rolling ultrasound scanner to reveal the internal state of concrete structures that are part of offshore platforms. The operation was performed at one of Equinor’s platforms on the Norwegian continental shelf. It is part of Equinor’s strategy to increase effectiveness, speed of... Continue Reading →
(Reuters) Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes a force in crude oil production. Construction work on the facility, to be located on public land near the Berbice river, is expected to begin by the first half... Continue Reading →
The P-68 platform vessel, which operates in the Berbigão and Sururu fields, in the Santos Basin pre-salt, broke a daily production record on the 8th. According to a Petrobras statement, the platform produced a volume of 161,756 barrels of oil per day (bpd). This milestone was reached with the entry into production of the ninth... Continue Reading →
(Reuters) - Petroecuador expects to soon award a contract to expand production from the country's vast Amistad offshore gas field, Ecuadorean state oil firm company said late on Thursday. Following failed previous attempts to find an investor, Petroecuador in June launched a new competitive process to select a contractor for Amistad, in the Gulf of... Continue Reading →
(OE) The Dutch FPSO leasing specialist SBM Offshore said Friday the construction of the topside modules had kicked off in Singapore for one of the company's largest-ever FPSO units, the One Guyana FPSO. "During September this year, two steel strike ceremonies were held in both Keppel FELS and DynaMac yards. This marks a key milestone,... Continue Reading →
Brazil Energy Insight 