SBM Offshore ‘pre-selected as preferred bidder’ for TotalEnergies’ Suriname FPSO deal – Upstream sources

(OILNOW) Upstream has reported that SBM Offshore could take the upper hand in competition with MODEC to build and deliver Suriname’s first floating production, storage and offloading (FPSO) vessel, as it was “pre-selected as the preferred bidder.” Fabio Palmigiani, the publication’s South America Correspondent, said the information came from two industry sources. He wrote that SBM Offshore... Continue Reading →

May 20, 2024 0

Petronas Makes Oil and Gas Discovery Offshore Suriname

(OE) Petronas Suriname E&P, a subsidiary of Malaysia’s energy company Petronas, has made a third hydrocarbon discovery at the Fusaea-1 exploration well in Suriname’s Block 52. The discovery is located about 170 kilometers offshore and 9 kilometers east from Roystonea-1. The well was spudded in February 2024, and successfully drilled to a total depth of... Continue Reading →

May 16, 2024 0

Noble CEO: Floaters to keep on reaping the benefits of offshore drilling market’s ‘multi-year uptrend’

(Offshore-energy.biz)Texas-headquartered offshore drilling contractor Noble Corporation is feeling buoyant over the future opportunities for its rig fleet, especially the floater segment, as the U.S.-based player anticipates a further rise in day rates and the number of long-term deals. This will enable the drilling giant to bolster its fleet utilization level. With new multimillion-dollar assignments in... Continue Reading →

May 7, 2024 0

Suriname’s Resource Boom is Back on Track With First Oil Targeted for 2028

By Matthew Smith for Oilprice.com Suriname aims to replicate Guyana's oil success but faces challenges due to delays, commercial concerns, and global climate change efforts. TotalEnergies and APA plan to make the final investment decision on the Block 58 project by the end of 2024, targeting first oil in 2028. Suriname's oil boom could transform... Continue Reading →

April 23, 2024 0

Petrobras reports oil discovery in ultra-deep waters of the Potiguar Basin

Petróleo Brasileiro S.A. – Petrobras, informs that it has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, of Concession POT-M-762_R15. The 1-BRSA-1390-RNS (Anhangá) well is located on the coast between Ceará and Rio Grande do Norte, about 190 km from Fortaleza and 250 km from Natal, at... Continue Reading →

April 9, 2024 0

Noble Voyager to Drill Another Well for Petronas Offshore Suriname

Petronas Suriname E&P, a subsidiary of Malaysia’s state-owned energy giant Petronas, has exercised the option for Noble Corporation’s Noble Voyager drillship to drill one additional well offshore Suriname. The 7th generation drillship Noble Voyager will remain a little longer for drilling operation in Block 52 offshore Suriname at a day rate of $470,000. The contract... Continue Reading →

April 3, 2024 0

MODEC, SBM Offshore competing for Suriname FPSO award

(oilnow) MODEC and SBM Offshore are competing for an engineering, procurement and construction (EPC) award from TotalEnergies for Suriname’s first floating production, storage and offloading (FPSO) vessel, Upstream said in a March 25 report. The publication said the companies have stepped up efforts to secure yard space, after both conducting front-end engineering and design studies... Continue Reading →

April 1, 2024 0

CERAWEEK Petrobras exec says offshore Colombia project could find enough gas for exports

(Reuters) - A promising area off Colombia's coast where Brazil state-run Petrobras (PETR4.SA), opens new tab is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, Petrobras' head of exploration and production said on Wednesday. As oil production in Brazil's prolific presalt region is set to plateau... Continue Reading →

March 20, 2024 0

Blue Water Secures Logistics Deal for Noble Drilling’s Ops in Suriname

(OE) Blue Water Shipping, a global provider of tailor-made transport and logistics solutions, has secured a contract with Noble Drilling for its operations in Suriname, as Noble Voyager drillship embarks on an exploration campaign north of Paramaribo. The contract for Blue Water Shipping covers customs brokerage, local logistics services, domestic transport and personnel services for... Continue Reading →

March 12, 2024 0

Exxon, Petronas Set to Extend Exploration Offshore Suriname

(Oilprice.com) Exxon and Malaysia’s state-run Petronas will extend exploration for a gas discovery off the coast of Suriname, the country’s national oil company, Staatsolie, said on Monday. Eyeing a repeat of the huge oil and gas success in the same basin offshore Guyana, explorers in Suriname are also reportedly considering a floating LNG project. Exploration... Continue Reading →

March 5, 2024 0

Category: Surinam