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E&P company BW Energy has made an oil discovery in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block offshore Gabon. The well is located approximately 6 km north-northeast of the Hibiscus discovery well DHIBM-1 in approximately 115 metres of water depth. The company announced the spudding of the well on 28 July 2021. The well... Continue Reading →
(OE) Brazilian oil firm Enauta said Wednesday that its Atlanta field in the Santos Basin, offshore Brazil, had resumed full production following a recent pumping system failure. Enauta said Wednesday that all the wells tied to the early production system - the Petrojarl I FPSO - are operational following the completion of repairs of oil heaters.... Continue Reading →
Australian engineering firm Worley has appointed Tiernan O'Rourke to the position of Chief Financial Officer (CFO). "Tiernan will commence in the position later this calendar year and will be based at Worley’s headquarters in North Sydney," Worley, which on Monday announced an important contract with Chevron in Australia, said. O' Rourke is currently the CFO of... Continue Reading →
Brazilian oil company Petrobras has contracted awarded contracts for two pipelay support vessels owned by DOF and TechnipFMC. Oslo-listed DOF Subsea said Tuesday that the contracts, for three years each, are for the vessels Skandi Vitória and Skandi Niteroi, secured via JV partner TechnipFMC and via Norskan Offshore, respectively. Both vessels are Brazilian-built and flagged and owned... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that today it began producing oil and natural gas from FPSO Carioca, the first platform in Sépia field, in the Santos Basin pre-salt. The platform, a FPSO type (floating production storage and offloading unit of oil and gas), is located approximately 200 km off the coast of the state... Continue Reading →
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 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 →
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 →
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 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 →
Brazil Energy Insight 