(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 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 →
Frontera to Lend $35M to CGX for Guyana Drilling
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 signs contract with OneSubsea to supply pipes and connections for Bacalhau
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 →
Boskalis receives takeover offer, company valued at €4.2 billion
(Offshore Energy) The Curaçao-based international holding company, HAL Holding, has announced an intended all-cash voluntary public offer of €32.50 per ordinary share for all issued ordinary shares in the capital of Royal Boskalis Westminster N.V. HAL has been a shareholder of Boskalis since 1989 and currently holds 46.2 per cent of the issued Boskalis shares.... 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 →
Açu Petróleo, Petrobras and Transpetro sign unprecedented infrastructure sharing agreement
(PetroleoHoje) Açu Petróleo signed with Petrobras and Transpetro the first infrastructure sharing agreement for crude oil. Focused on the Osduc network (Cabiúnas-Reduc), the operation will enable the connection of the future line that will interconnect the Oil Terminal, in Porto do Açu, in São João da Barra (RJ), to the Cabiúnas Terminal, located in Macaé... Continue Reading →
AET boasts fleet of 13 DP2 shuttle tankers following latest delivery
AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has taken delivery of the second of three Suezmax second-generation dynamic positioning (DP2) shuttle tankers, which are purpose-built for a long-term charter with Shell for operations in Brazil. Following the announcement from 24 February 2022, when AET confirmed the naming of the first... Continue Reading →
Colombia Launches Offshore Wind Plan, Announces First Project
(Reuters) Colombian Energy Minister Diego Mesa launched the country's plans for offshore wind energy at the CERAWeek by S&P Global conference in Houston on Tuesday, while an agreement to develop the first wind project has been signed, the government said in a statement. Developing the industry could bring in some $27 billion in investments by... 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 →