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TGS has commenced the 2D multi-client phase 3 survey in the Pelotas Basin offshore Brazil in the South Atlantic. The survey covers approximately 17,000 line kilometers and works as an extension of the existing TGS Pelotas 2D. According to TGS, this survey is designed to provide high quality 2D data that will enhance geological understanding... Continue Reading →
French oil firm Total has extended the contract with the Danish drilling contractor Maersk Drilling for the use of the Maersk Developer offshore drilling rig in Suriname. Total, via its Suriname subsidiary Total E&P Suriname, has exercised an option to add the drilling of one additional appraisal well in Suriname’s Block 58 to the work... Continue Reading →
Shearwater GeoServices has secured a contract by Petrobras to carry out 3D and 4D monitoring for towed streamer seismic acquisition in the Campos Basin offshore Brazil. The 3D and 4D programs will be conducted in a period of nine months by the SW Empress, over the Marlim, Albacora, and Voador fields. The Norway-headquartered seismic exploration company is... Continue Reading →
A string of new projects will help boost revenues at SBM Offshore, the oil and gas services company said on Wednesday, after reporting an expected 15% drop in the first quarter due to weakness at its turnkey business. The Dutch-based company's turnkey division builds and sells floating production and storage vessels to oil and gas... Continue Reading →
(Reuters) 3R Petroleum Oil and Gas reported that its board approved the formalization of a partnership with DBO under which the companies agree to jointly capitalize 3R Petroleum Offshore, new name of OP Energia, and to join efforts to seek acquisition opportunities. The company will seek, through the partnership, to expand its operations in offshore... Continue Reading →
McDermott, an offshore engineering and construction firm, has been chosen by Australia's BHP Billiton, in collaboration with Mexico's Pemex, to provide Front-End Engineering Design (FEED) of a Semi-submersible Floating Production Unit (FPU) for the Trion field develpment offshore Mexico. The semi-sub floater will be designed for a water depth of approximately 8,200 feet (2,500 meters)... Continue Reading →
Korea Shipbuilding & Offshore Engineering has through its subsidiary Hyundai Heavy Industries secured a ~$764,5 million order for the construction of an FPSO Hull. In a stock exchange filing on Tuesday, KSOE said it had secured a KRW 854,7 billion. It said its contract partner was Singapore's Keppel Shipyard and that the delivery was for... Continue Reading →
Brazilian oil company Enauta has chartered an anchor handling tug and supply vessel from Norway's Solstad Offshore. Solstad Offshore said Tuesday it had struck a deal with Enauta for the charter of the 2006-built AHTS Normand Turmalina (previously known as BOS Turmalina). Enauta will continue using the vessel it first chartered back in August 2017... Continue Reading →
Offshore drilling contractor Diamond Offshore has named a former boss of Pacific Drilling and a former executive of Noble Corporation as the company’s President and Chief Executive Officer who will also serve on the board of directors. Diamond revealed on Monday that Bernie G. Wolford Jr. succeeds Marc Edwards, who retired from the company as Chairman, President, and... Continue Reading →
Norwegian seismic firm TGS has commenced the multi-client Phase 4 3D survey in the Santos Basin offshore Brazil. The survey is taking place in the western portion of the Santos Basin and works as a northwest extension of the existing TGS Santos 3D, covering approximately 5,000 square kilometers. The aim of this data coverage is... Continue Reading →
Brazil Energy Insight 