French energy major TotalEnergies and its partner APA Corporation have recently completed a flow test at an appraisal well in Block 58 offshore Suriname, confirming an excellent quality black oil reservoir, but failed to find commercial hydrocarbons at the latest exploration well there. However, success at their next planned exploration well on the block could... Continue Reading →
SBM Offshore to Build Fourth FPSO for Exxon in Guyana
Dutch FPSO specialist SBM Offshore has won contracts to perform Front End Engineering and Design (FEED) for an FPSO for Exxon's Yellowtail development offshore Guyana. The FEED contract for what will be Guyana's fourth FPSO, and fourth delivered by SBM Offshore, triggers the initial release of funds by ExxonMobil to begin FEED activities and secure... Continue Reading →
Petrobras on natural gas flow and processing
Petróleo Brasileiro S.A. – Petrobras informs that it signed today with Potiguar E&P S.A. (Potiguar E&P), a subsidiary of PetroReconcavo S.A., contracts for the flow and processing of the natural gas produced onshore by Potiguar E&P in the state of Rio Grande do Norte. The contracts include the right of use of the Guamaré Natural... Continue Reading →
TechnipFMC wins another subsea contract in Stabroek Block
TechnipFMC has secured a contract by Exxon Mobil Corporation affiliate Esso Exploration and Production Guyana to supply the subsea production system for the Yellowtail development in the Stabroek block. TechnipFMC will provide project management, engineering, manufacturing and testing capabilities to deliver the overall subsea production system. The scope includes 51 enhanced vertical deepwater trees (EVDT)... Continue Reading →
FAR Spuds Bambo-1 Well Offshore The Gambia
Australian oil and gas firm FAR has started drilling at the Bambo-1 exploration well in Block A2, offshore The Gambia. "The Stena IceMax drillship arrived on site on 12 November Gambian time and after completing preparations, has successfully spudded the well," FAR said Monday. The Bambo-1 well sits around 85km offshore The Gambia, in 930... Continue Reading →
Shell ditches the Dutch, moves to London in share structure overhaul
(Reuters) - Royal Dutch Shell (RDSa.L) said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas. The company, which long faced questions from investors about its dual... Continue Reading →
Africa’s Sights Set on Oil and Gas Haul Despite Global Shift
Several African countries plan to exploit their oil and gas reserves to tackle poverty and energy shortages, representatives gathered in Dubai said this week in the face of pressure to end fossil fuel extraction to curb global warming. Officials and industry executives stressed that Africa as a whole has a relatively small carbon footprint, which... Continue Reading →
ENAUTA FORESEES DRILLING IN SERGIPE-ALAGOAS STILL IN 4Q21
(PetroleoHoje) The consortium formed by ExxonMobil (50%), Enauta (30%) and Murphy (20%) should drill the first well in the Cutthroat prospect, in the Sergipe-Alagoas Basin, still in 4Q21. Enauta will invest US$ 8 million in this well. The prospect to be drilled in the SEAL-M-428 block extends to the SEAL-M-351 block, which has the same... Continue Reading →
3R PETROLEUM: PRODUCTION OF 6,666 EQUIVALENT BARRELS PER DAY IN OCTOBER
(Valor) 3R Petroleum released its production data for the month of October. According to the company, the consolidated average daily production of the Macau, Rio Ventura and Pescada clusters was 7,630 barrels of oil equivalent (boed). The portion referring to the participations of 3R reached a production of 6,666 boed. The company points out that... Continue Reading →
EXCLUSIVE Exxon in talks to build fourth oil production rig for Guyana
(Reuters) - Exxon Mobil (XOM.N) is in discussions with Dutch contractor SBM Offshore NV (SBMO.AS) to build a fourth multibillion-dollar production unit to develop its Guyana oil discoveries, two people close to the negotiations said. The talks include the potential for some future platform assembly in Guyana, the people said. Guyana hopes to develop an oil industry infrastructure to... Continue Reading →
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