Oct. 21 (OE) A consortium of offshore energy companies including TotalEnergies, Equinor, Aker BP, DeepOcean, Tenaris, and LS Cable & System has launched a joint industry project to commercialize a new subsea flowline heating technology designed to cut costs and carbon emissions related to deepwater oil and gas subsea tie-back projects. The system, named FlowHeat,... Continue Reading →
Prio Announces Resumption of Production at Peregrino Field, Following ANP Clearance
Oct. 17 (moneytimes) Prio obtained authorization from the National Agency of Petroleum, Natural Gas, and Biofuels (ANP) to resume production at the FPSO Peregrino, operated by Equinor. According to the relevant fact released to the market, the production ramp-up process will begin immediately. The shutdown occurred in mid-August of this year due to pending safety... Continue Reading →
McDermott delivers subsea project in Angola for TotalEnergies
Oct. 17 (offshore-energy.biz) U.S. offshore engineering and construction firm McDermott has delivered its first subsea project in Angola, as part of which it worked for TotalEnergies on the Begonia field development. McDermott announced on October 16 the completion of engineering, procurement, construction, installation (EPCI), pre-commissioning and commissioning activities for the development located in Block 17/06,... Continue Reading →
Colombia’s Sirius gas project advances consultations, nears contracting phase
Oct 16 (Reuters) - Colombia's Sirius project, developed off its Caribbean coast by state oil firm Ecopetrol and Brazil's Petrobras, has completed nearly half of consultations with local communities that could affected by the development, Petrobras' Colombia chief Alcindo Moritz said on Thursday. The companies said last December they had confirmed Colombia's largest ever gas discovery... Continue Reading →
SBM Offshore takes the lead in the dispute for the Sergipe Deepwaters Project FPSO contracts
Oct. 16 - SBM Offshore has taken a step forward in the race for the construction and operation contracts for the two offshore platform ships (FPSOs) for the Sergipe Deepwaters project (SEAP I and II). Petrobras opened the bids from its competitors on October 15. The Dutch company submitted the best offers, with a total... Continue Reading →
Equinor Starts Production at Bacalhau Field Offshore Brazil
Oct. 16 (OE) Equinor and its partners has started production from the large Bacalhau field in Brazil, whose recoverable reserves exceed 1 billion barrels of oil equivalent (boe). Bacalhau is located in the pre-salt region of Brazil's Santos Basin in ultra-deep water of over 2,000 meters. The field features one of the most modern floating... Continue Reading →
Petrobras makes new oil discovery in the Pre-salt Aram block in the Santos Basin
Oct. 15 - Petrobras notified the National Petroleum Agency (ANP) about the discovery of oil traces in well 3-BRSA-1400A-SPS, in a water depth of 1,834 meters. The company drilled the well in mid-July using the West Auriga drillship. This was the fourth oil discovery in Aram this year alone. The others occurred in September, May,... Continue Reading →
Petrobras faces new environmental queries on Foz do Amazonas drilling license
Oct 14 (Reuters) - Brazil's environmental agency Ibama has requested additional information from state-run oil firm Petrobras as part of the licensing process for drilling in the Foz do Amazonas Basin, according to documents seen by Reuters on Tuesday. The agency also proposed a meeting on Thursday after a new technical report flagged "pending issues and... Continue Reading →
PetroReconcavo Completes Sale of 50% Stake in Seven Concessions to Mandacaru Energia
Oct. 14 (moneytimes) PetroReconcavo announced to the market the completion of a farm-out with Mandacaru Energia on October 10th. A farm-out is a type of agreement in which one party transfers part of its stake in a concession to another, which assumes responsibility for exploration and/or development activities within that concession. The transaction involves the... Continue Reading →
ExxonMobil Consortium’s Oil Output Marks Rise in Guyana
Oct. 14 (Reuters) Oil production by a consortium led by Exxon Mobil in Guyana rose to 770,000 barrels per day (bpd) following the start-up of the group's fourth floating output facility, the company's chief for the South American country said on Monday. Average production by The Exxon group, which controls all crude and gas production... Continue Reading →