(PN) One of the great expectations of the Brazilian oil and gas sector this year is the entry into operation of the Route 3 gas pipeline, which will transport gas from the pre-salt layer to the coast. In preparation to finally put the asset into operation, Petrobras informed Petronotícias that the final phase of commissioning... Continue Reading →
Helix and Trident agree on contract extension for decommissioning services in Brazil
Helix Energy Solution has secured a one-year contract extension with Trident Energy for field decommissioning services offshore Brazil. The project, located in the Pampo and Enchova Clusters in the Campos Basin, is expected to commence late this year for a period of two years with multiple options to extend. Helix will provide a riser-based well intervention... Continue Reading →
Maersk Developer heads towards Karoon’s Bauna intervention campaign
(PetroleoHJoje) The Maersk Developer rig, chartered to execute Karoon's intervention campaign in Baúna, in the Santos Basin, is already on its way to Brazil. The Maersk unit, which left Trinidad & Tobago last week, is expected to arrive in the country in the second half of April. The semi-submersible Maersk Developer will start campaigning in... Continue Reading →
PetroRio inaugurates gas power generation system at the Polvo and Tubarao Martelo fields
PetroRio inaugurated a new power generation system at FPSO Bravo, which is installed in the Polvo and Tubarão Martelo fields, in the Campos Basin. The production of electricity at the unit will be made with natural gas produced at the complex, replacing diesel. The novelty promises to bring environmental gains, with reductions in the burning... Continue Reading →
MODEC updates operations at Mexico’s Offshore Area 1 project
MODEC has started up operations for the FPSO MIAMTE MV34, commissioned by Eni for the Offshore Area 1 block development in the Bay of Campeche offshore Mexico. The charter contract runs initially for 15 years, with options thereafter for annual extensions for up to five additional years. The vessel, moored in 32 m (105 ft)... Continue Reading →
Permanent Concession Offer: deadline to present additional guarantees for the 3rd Cycle sectors ends on the 14 of March
The deadline for companies registered in the Permanent Offer to present additional offer guarantees for sectors of blocks included in the 3rd Bidding Cycle, which will be carried out under the concession regime, ends next Monday (3/14). The areas that are included in the 3rd Cycle are located in the Espírito Santo, Pelotas, Potiguar, Recôncavo,... Continue Reading →
PetroRio breaks production record in February
(Portos e Navios) PetroRio, an independent oil and gas company, recorded a production record in February, with 35,671 barrels/day. It is the highest average monthly amount for the company. The highlight was the Polvo – Tubarão Martelo cluster, which had a production increase of over a thousand barrels/day. The better operational performance of the FPSO... Continue Reading →
Cluster project under review for offshore Mexico block 10
(OM) Eni and its partners are assessing the potential for a cluster oilfield development in block 10 offshore Mexico, said partner Capricorn Energy (formerly Cairn Energy) in its latest results statement. Last year, Eni drilled two wells on the block: the Sayulita-1EXP discovery, and the Saasken-2DEL appraisal well. Drilling of the Yatzil prospect in block... Continue Reading →
Siem Offshore and Helix extend well intervention vessels deal
Norwegian shipping company Siem Offshore and offshore energy services provider Helix Energy Solutions Group have entered into an agreement for the well intervention vessels Siem Helix 1 and Siem Helix 2. With the new agreement, the total contract backlog for Siem Offshore is now $440 million. The agreement will replace the existing contracts and the... Continue Reading →
Despite Rumors, Seplat on Track to Buy Exxon’s Offshore Fields in Nigeria
Nigeria's Seplat Energy is on track to buy Exxon Mobil's offshore shallow water business in the country for $1.28 billion, Seplat's chairman told Reuters on the sidelines of the CERAweek energy conference by S&P Global. The comments come amid media reports that Nigerian National Petroleum Company Limited (NNPC) was looking to block the deal. "We... Continue Reading →
Brazil Energy Insight 