Offshore helicopter services provider Bristow has secured a multi-year contract to provide helicopter offshore crew change and search and rescue (SAR) services to support ExxonMobil in Guyana. The five-year deal, which is a renewal of an existing contract, started on January 1, 2018, Bristow said on Monday. Read more
Karoon gains nod to change work program off Brazil
Australia’s Karoon Gas has received an approval from Brazilian authorities to change the work program on its blocks offshore Brazil in favor of progressing Echidna and Kangaroo projects to a future development phase. Karoon has a 100% equity interest in Blocks S-M-1037, S-M-1101, S-M-1102, S-M-1165 and S-M-1166 in the Santos Basin located approximately 200 kilometers... Continue Reading →
Helix Energy back to profit in 4Q
Houston-based offshore energy services company Helix Energy Solutions Group returned to profit in the fourth quarter 2017 from a loss in the prior-year period boosted by higher revenues and tax benefits. Helix Energy on Monday reported net income of $50.6 million for the fourth quarter of 2017 compared to a net loss of $54.4 million for the... Continue Reading →
Exclusive – Brazil sees $309 million from sale of pre-salt oil, gas in 2018
Brazil expects to raise 1 billion reais ($309 million) this year through the sale of 5 million barrels of oil and gas from the country’s offshore pre-salt layer, oil and gas secretary Marcio Felix told Reuters. The funds will include proceeds from the sale of oil produced by a Petrobras-led consortium in the Libra area,... Continue Reading →
Brasco contracts with Statoil and Total
Brasco has signed contracts with Statoil and Total to support oil exploration and production activities in the Santos Basin. The agreements provide for port logistics support services, stock control and cargo handling, pipeline and equipment storage, waste management and segregation, and tank cleaning, among others, at the Brasco in Caju, Rio de Janeiro bases.... Continue Reading →
Resumption of oil activities in Brazil attracts foreigners
The oil and gas sector in Brazil has been attracting new players. Companies from countries such as the United States, the Netherlands, Switzerland, Denmark, France and China are settling in the country and, mainly, joining national companies with a view to resuming the activity of the oil industry. This movement began to gain strength... Continue Reading →
U.S. largest ever offshore oil & gas lease sale set for March
The U.S. Department of the Interior will in March hold what it says is the largest oil and gas lease sale in U.S. history. Deputy Secretary of the Interior David Bernhardt said on Friday that the Department would offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development.... Continue Reading →
Petrobras extends DOF anchor handler deal
Norwegian shipping company DOF has been awarded an extension of a contract for one of its anchor handlers working in Brazil. DOF informed in an Oslo Stock Exchange filing on Friday that the anchor handling tug and supply vessel Skandi Admiral was awarded a 265-day extension by Brazilian oil company Petrobras. Read more
Statoil gears up for Brazilian drilling campaign
Norwegian energy giant Statoil is about to start drilling on the Carcará discovery offshore Brazil, using a Seadrill-owned drillship. According to information obtained by Offshore Energy Today from a Statoil spokesperson, the Norwegian company is about to start a drill stem test on the Carcará discovery and then drill the Guanxuma prospect in BM-S-8 license in the Santos... Continue Reading →
Petrobras concludes sale of the shares of São Martinho S.A.
Rio de Janeiro, February 16, 2018 – Petróleo Brasileiro S.A. – Petrobras, in continuity to the material fact announced on 02/23/2017, informs that its wholly-owned subsidiary Petrobras Biocombustível SA - PBIO sold on this date, through an auction at B3, 24,000,000 (twenty-four million) shares of São Martinho SA (SMTO3) held by the company, at the... Continue Reading →
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