Canadian-based firm Frontera Energy and CGX Energy have started drilling at the Kawa-1 exploration well, offshore Guyana, using Maersk Drilling's Maersk Discoverer semi-submersible drilling rig. Also, the firms have exercised the option to drill a second well with the rig. The Kawa-1 well spudded on Sunday, August 22, and it is expected to reach total... Continue Reading →
Maersk Supply extends stay in Angola
Maersk Supply Service has secured a one-year contract extension for one of its I-class subsea support vessels with an undisclosed “major” oil operator in Angola. Under the contract, Maersk Supply will provide full inspection, repair and maintenance (IRM) services supported by one of its I-class vessels, as well as project management and engineering services. The... Continue Reading →
ExxonMobil postpones selection of second well target on Guyana block
Oil major ExxonMobil has decided to postpone selecting the prospect target for the second well on the Kaieteur Block offshore Guyana by seven months. Westmount Energy on Monday noted the announcement on Sunday by one of the partners, Ratio Petroleum, that the date for elective nomination, by the operator, of the prospect target for the second... Continue Reading →
PGS Releases More Data in Support of Oil Exploration Offshore Nigeria
Norwegian seismic data firm PGS has this week made available an additional 1000 sq. km of reprocessed 3D data from OPL 248 are offshore Nigeria, completing its PGS Niger Delta 2020 Reprocessing package. The company said the data package was well-timed for a reassessment of Nigerian offshore exploration opportunities. On Monday 16 August, Nigerian President... Continue Reading →
PETROBRAS DISQUALIFIES YINSON’S FPSO PROPOSAL FOR PARQUE DAS BALEIAS
Petrobras disqualified this week the proposal of the company Yinson form the construction of the Parque das Baleias FPSO, the only one that made bid in the tender. According to the oil company, in a decision published on the Petronect portal, Yinson's offer was “above the estimate”. Even after months of negotiations, the two sides... Continue Reading →
DOF Subsea secures contract extension in Africa
Norway-based subsea and marine services provider DOF Subsea has secured a six-month extension to a contract in Africa. During the extension period, the company will continue to use Skandi Seven to deliver integrated field support vessel (FSV) services. The scope of work also includes project management, engineering, procurement and logistical services within deep-water construction and maintenance of... Continue Reading →
Ocean Edge Services backs subsea ops off Guyana
Ocean Edge Services has entered into an agreement with Atlantic Marine Supplies to support the needs of existing and new subsea operations in Guyana. The agreement comes as part of the need for servicing offshore oil production needs in Guyana, Ocean Edge Services said. According to the company, the vast potential of the Stabroek Block... Continue Reading →
TotalEnergies Extends Maersk Drilling Rig Charter in Suriname
French energy giant TotalEnergies has exercised an option for the extended use of one of Maersk Drilling's offshore drilling rigs in Suriname. TotalEnergies, which became the operator of the prolific Block 58 in January where it has in the past year with partner Apache struck several oil discoveries, has now added one additional appraisal well to the... Continue Reading →
ABS to Class FPSO Pair Being Built for Petrobras Buzios Field
The American Bureau of Shipping said Thursday that an FPSO duo being built for Brazil's Petrobras would be constructed to ABS Class. The sister FPSOs are currently named P-78 and P-79 and will be deployed at the giant Buzios pre-salt offshore oil field in Brazil's Santos Basin. ABS said that the fact the FPSO duo... Continue Reading →
Valaris CEO, CFO Step Down. Ex-Seadrill CEO Takes Helm
Offshore drilling firm Valaris said Thursday its CEO Tom Burke would step down from his position as President and Chief Executive Officer and member of the Board of Directors, and that its CFO Jon Baksht would step down, too, both effective September 2, 2021. Anton Dibowitz, a current Board member, and former CEO of Seadrill,... Continue Reading →