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(Reuters) Oil giant Shell will pull out of three offshore gas projects in Colombia's Caribbean, it owns together with Colombia's state-run oil company Ecopetrol, the groups said on Thursday. Shell had acquired a 50% operating stake in Col 5, Purple Angel and Fuerte Sur deepwater blocs in 2020. "They no longer fit our strategic ambitions.... Continue Reading →
(offshore-energy.biz) U.S. offshore drilling contractor Noble Corporation has awarded Atlas Professionals with a crew management contract for its upcoming drilling campaign in Suriname. Under the deal, Atlas is slated to provide junior and expatriate crew for a drilling campaign to be carried out using the Noble Developer rig. Additionally, the firm will provide comprehensive logistics, training, and... Continue Reading →
(offshore-energy.biz) Dozens of workers have been treated for injuries following a fire on an oil platform off the coast of Brazil operated by the state-owned energy giant Petrobras. According to the Norte Fluminense Oil Workers’ Union (Sindicato dos Petroleiros do Norte Fluminense), a fire occurred on the platform PCH-1 in the morning of April 21, 2025, at... Continue Reading →
(OE) French tubular solutions supplier Vallourec has secured a contract with Allseas to supply line pipes for Búzios 10 offshore project located at the Búzios field, operated by Petrobras. The contract represents nearly 18,000 tons of subsea seamless premium carbon steel line pipes, for the risers and flowlines. It also includes an optional scope of... Continue Reading →
(offshore-energy.biz) Brazilian state-owned energy giant Petrobras has disclosed the arrival of a jack-up rig, owned by Borr Drilling, a UK-headquartered offshore drilling contractor, in Brazilian waters, where it will undertake well decommissioning activities at oil and gas assets off the coast of Brazil. After Borr Drilling’s Arabia I jack-up rig won a four-year contract with Petrobras in Brazil, with... Continue Reading →
(OE) MODEC has been awarded a contract by ExxonMobil Guyana to develop an FPSO for the Hammerhead project. The Hammerhead FPSO will have the capacity to produce 150,000 barrels of oil per day (BOPD), along with associated gas and water. It will be moored at a water depth of approximately 1,025 meters using a SOFEC... Continue Reading →
(OE) The seventh generation Atlantic Zonda drillship, managed by Ventura Offshore Midco, has started operations for Petrobras under a three-year drilling contract. The Atlantic Zonda is managed by Ventura Offshore through marketing and operating agreements with the rig owner, Eldorado Drilling, and the company will earn its management fees and reimbursable revenues from these agreements.... Continue Reading →
(Reuters) - The board of Brazilian state-run oil company Petrobras on Thursday approved plans to select a partner to restart operations at its fertilizer plants in northeastern Brazil, according to four sources familiar with the matter. But the move still hinges on resolving ongoing disputes with current leaseholder Unigel, added the sources, who requested anonymity as... Continue Reading →
(offshore-energy.biz) UK provider of remotely deployed subsea inspections, TSC Subsea, has secured a multi-year contract in Brazil for subsea phased array (SPA) inspection of circumferential welds on rigid subsea pipelines, covering both flowline and riser sections at depths of up to 3,000 meters. According to TSC Subsea, the contract, which will run from 2025 to... Continue Reading →
(offshore-energy.biz) Australia’s oil and gas company Karoon Energy has set its cap on finding a partner ahead of making a final investment decision (FID) for an oil field discovery in the Santos Basin off the coast of Brazil. The firm is moving forward with the next stage of development, which includes the entry into the... Continue Reading →
Brazil Energy Insight 