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(OE) Norwegian company Miko Marine has secured a contract from Offshore Frontier Solutions, a MODEC Group company, for the supply of sea inlet covers for its new floating production storage and offloading (FPSO) Errea Wittu, being built for ExxonMobil. Miko will supply two sea chest covers and two sets of pipe covers. The covers use... Continue Reading →
(Reuters) - Guyana’s efforts to use its natural gas resources to fuel a power plant that would slash the South American nation's energy costs have snagged on construction delays and threaten to curtail the rising oil hotspot's revenue this year by about $1 billion. The $1.9 billion gas-to-power project, Guyana's biggest effort to capitalize on its... Continue Reading →
(OE) Marine seismic data company PGS has received a letter of award for a large 3D contract offshore South Atlantic margin from a multiclient company. A Ramform Titan-class vessel is scheduled for mobilization in June, with a forecast acquisition duration of up to 300 days. The value of the contract has not been disclosed, but... Continue Reading →
(Bloomberg) A battle in the National Congress to extend contracts for coal-fired thermal plants is blocking the arrival of the long-awaited offshore wind industry in Latin America's largest economy. A bill to regulate the sector is currently stalled in the Federal Senate, after a group of deputies presented a series of amendments, including one to... Continue Reading →
(PN) OceanPact, one of the leading companies in responding to offshore emergencies in the country, signed new contracts with Petrobras for a period of four years to charter three OSRVs (Oil Spill Response Vessel) worth a total of R$650 million. The vessels Fernando de Noronha, Jim O’Brien and Macaé will be at the service of... Continue Reading →
Petronas Suriname E&P, a subsidiary of Malaysia’s state-owned energy giant Petronas, has exercised the option for Noble Corporation’s Noble Voyager drillship to drill one additional well offshore Suriname. The 7th generation drillship Noble Voyager will remain a little longer for drilling operation in Block 52 offshore Suriname at a day rate of $470,000. The contract... Continue Reading →
(OE) Enauta has proposed the merger with 3R Petroleum which would create one of the largest and the most diversified independent oil and gas companies in Latin America. The merger proposal has been approved by Enauta’s board of directors, and according to the company, the combination results in a balanced, five-year high organic growth portfolio... Continue Reading →
(offshoreWind.biz) Corio Generation and Brazilian port developer Prumo have signed a Memorandum of Understanding (MoU) to explore using the Port of Açu, north of Rio de Janeiro State, for the deployment of Corio’s future offshore wind projects. Under the agreement, the two companies will explore using the Port of Açu as a strategic base for... Continue Reading →
(JPT) Brazilian independent Enauta has agreed to sell a 20% participating interest in the BS-4 concession, which includes the Atlanta and Oliva fields, to Westlawn Americas Offshore (WAO) for $301.7 million. WAO is a portfolio company of Westlawn Group LLC and owns various interests in the Gulf of Mexico offshore basins. Enauta said the sale... Continue Reading →
(Reuters) - A promising area off Colombia's coast where Brazil state-run Petrobras (PETR4.SA), opens new tab is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, Petrobras' head of exploration and production said on Wednesday. As oil production in Brazil's prolific presalt region is set to plateau... Continue Reading →
Brazil Energy Insight 