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Claxton, a brand within Acteon’s drilling and decommissioning segment, has agreed to acquire decommissioning personnel and assets from Oceaneering. From the anticipated closure date of March 30, 2022, certain Oceaneering staff based in Norway will transfer to Claxton, along with decommissioning assets including well and pile abrasive cutting and recovery systems and associated tooling. Conductor... Continue Reading →
(PetroleoHoje) The dispute over the SURF service contract for the final Atlanta project is expected to be between Sapura and McDermott. The information was confirmed by sources at PetróleoHoje, anticipating that the contracting process will be defined by the end of March. In addition to Sapura and McDermott, TechnipFMC was also classified by the oil... Continue Reading →
(PetroleoHoje) Petrobras started drilling a wildcat well in the Dois Irmãos block, in the pre-salt layer of the Campos Basin, last Friday. The Ocean Courage rig drilled in a water depth of 2,769 m. The unit was also used to drill the Alto do Cabo Frio Central wildcat well, in the pre-salt layer of the... Continue Reading →
(OE) Norwegian offshore support vessel owner Siem Offshore said Monday a Brazilian court had ruled in favor of Petrobras in a case related to a late vessel delivery in 2015. "Siem Offshore do Brasil has been notified of the final unfavorable decision of a Brazilian court in a lawsuit filed against Petrobras. The case is... Continue Reading →
(OE) Oil and gas company Eco Atlantic has agreed to acquire 100% of Toronto-based JHI Associates Inc. ("JHI"), including JHI's 17.5% stake in the Canje Block offshore Guyana. The Canje Block, offshore Guyana, is directly adjacent to the prolific Stabroek Block where ExxonMobil has discovered more than 10 billion barrels of oil. ExxonMobil operates the Canje Block... Continue Reading →
(Portos e Navios) Petrobras extended the deadline for the pre-qualification process for companies to supply new FPSOs under the EPC (Engineering, Procurement and Construction) regime, with a capacity for 180,000 bpd and 7 million m³/day of gas. The new date, set for March 18, should not be postponed again. The oil company does not specify... Continue Reading →
(PetroleoHoje) Petrobras obtained the environmental license from Ibama for the project to revitalize the Marlim and Voador fields, in the Campos Basin. The authorization is valid for five years. TechnipFMC will be responsible for supplying up to eight manifolds for the project, while NOV and Baker will supply 448 km of flexible lines – 280... Continue Reading →
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 →
Guyana-focused oil companies Frontera Energy Corporation and CGX Energy, joint venture partners in the Corentyne block offshore Guyana, said Friday they'd entered into a $35 million loan deal that will enable CGX to continue to finance part of its share of costs related to the Corentyne Block, the Berbice Deepwater Port, and other budgeted costs... Continue Reading →
Vallourec was contracted by OneSubsea to supply pipes and connections for the subsea system in the Bacalhau field, in the pre-salt layer of the Santos Basin. The area is at a water depth of 2,050 meters and is operated by Equinor. The products that will be delivered by Vallourec under this contract will be produced... Continue Reading →
Brazil Energy Insight 