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Fugro has completed a geohazard site investigation programme for TotalEnergies off the north-west coast of Paramaribo in Block 58 of the Guyana-Suriname Basin. The project involved the acquisition and analysis of geophysical data and geotechnical soil samples approximately 150 kilometres offshore in water depths ranging from 60 metres to 2,100 metres. Fugro carried out the... Continue Reading →
(PetroNoticias) The National Petroleum Agency (ANP) approved the transfer of 100% of the Petrobras stake in the Miranga cluster in Bahia, to PetroReconcavo. The regulatory agency also gave the green light for the full sale of Polo Peroa, in the shallow waters of Espírito Santo, to 3R Petroleum. As a reminder, the sale of the... Continue Reading →
(PetroleoHoje) Petrobras received seven proposals for chartering a jack-up rig for operation in the Northeast China Union Offshore presented the best price for the charter of a self-elevating intervention rig for operation in water depths from 12 to 50 m. The Asian group offered the DSJ300 jack-up, with a daily rate of US$72,000 plus a... Continue Reading →
(Bloomberg) --Mexico President Andres Manuel Lopez Obrador is raising Pemex’s spending plan for next year to about $32 billion in a bid to boost flagging oil production. The funds allocated for the state producer in a 2022 budget proposal, including operational spending, represent a 17% increase from this year. Of the total, about $18 billion... Continue Reading →
Oilfield services giant TechnipFMC has shed more light on vessel contracts it recently secured with Petrobras in Brazil in cooperation with the Norwegian offshore vessel owner DOF. DOF last week said it had, in JV with TechnipFMC, secured three-year contracts for two pipelay support vessels Skandi Vitória and Skandi Niteroi, without sharing further details on the scope... Continue Reading →
The Petrobras divestment program of oil and gas producing fields has a date set to end: December 31, 2021, as determined by the National Agency for Petroleum, Natural Gas and Biofuels (ANP). In recent years, medium-sized oil companies have gained muscle by acquiring state-owned assets. But, starting in 2022, they will need to look for... Continue Reading →
(Reuters) - Guyana and Suriname expect continued exploratory drilling over the next two years by oil majors in their joint offshore basin after a string of recent discoveries, government officials and corporate executives said at a conference on Wednesday. The neighboring South American countries, along with Brazil, attracted the most attendees to sessions at the... Continue Reading →
Russian independent oil company Lukoil has started drilling its first exploration well at Block 12 located in the southern area of the Gulf of Mexico. Lukoil said on Monday that the Yoti West-1Exp well would be drilled by the Valaris 8505 semisubmersible rig, which was transported to Block 12 after its successful work at Block 10 on... Continue Reading →
Offshore engineering company Aquaterra Energy has completed the engineering design for a renewable-powered Sea Swift offshore platform for DeNovo Energy. The offshore platform is part of the development activity for the Zandolie field, located in the Gulf of Paria, off the west coast of Trinidad, and is scheduled to be installed in Q4 2021. The... Continue Reading →
ExxonMobil has hired offshore services firm Oceaneering for the provision of two surveys offshore Guyana, where Exxon has over the past few years discovered around nine billion barrels of oil. Oceaneering will carry out a towed and autonomous underwater vehicle (AUV) geophysical survey and a shallow geotechnical survey off the coast of Guyana. Oceaneering will... Continue Reading →
Brazil Energy Insight 