Brought to you by Quest Offshore & Southern Cone Consultants
Tullow Oil has signed a production sharing contract (PSC) for Ivory Coast's offshore exploration license CI-803. Tullow will operate the license with 90% equity, with the remaining 10% held by PetroCi. The CI-803 offshore block covers an area of 1,345 square kilometers and is adjacent to license CI-524, also held by Tullow (90%, operator) and... Continue Reading →
(TN) The Brazilian Institute of the Environment (Ibama) has granted two important licenses to Petrobras. The first authorizes the start of operations of FPSO P-71 in the Itapu field, in the Santos Basin pre-salt. The document will be valid for eight years. Petrobras expects to start operating the platform in December. As a reminder, the... Continue Reading →
Marine seismic data specialists TGS and PGS have jointly secured pre-funding for the Santos Sul Multi-client 3D project in the southwest Santos Basin offshore Brazil. The TGS/PGS collaboration combines the operational and technical strengths of both companies to provide high-quality multi-client data and timely delivery, which are critical to the exploration efforts in this area. The... Continue Reading →
Dutch offshore survey company Fugro has expanded its geotechnical vessel fleet with the Fugro Quest vessel. According to Fugro, the vessel is equipped with advanced deep-water technology. "Fugro uses this type of vessel to determine the exact composition of the soil; the resulting data are essential to establish the optimal location and design of offshore... Continue Reading →
Brazil Energy Insight 