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 →
Guyana Is About to Open Up Pandora’s Barrel
Wedged between Brazil and Venezuela, Guyana could easily go unnoticed. It has fewer than 750,000 people and a per capita income of $4,300, half the regional average, qualifying it as the hemisphere’s third-poorest nation. At the moment, Guyana also might be its luckiest. Having struck big oil offshore starting in 2015, industry experts reckon total reserves at around 2 billion... Continue Reading →
Shell charters Petroserv semi-submersible rig for campaigns in the Campos Basin
February 16, 2018 by Felipe Maciel Shell has entered into a contract with Petroserv for the lease of the semi-submersible rig, Catarina, as of April of this year. The unit will conduct well drilling campaigns in the fields of Parque das Conchas and Bijupirá and Salema, all in the Campos Basin. This is the first... Continue Reading →
Eni: full year 2017 and fourth quarter results
Yesterday, Eni’s Board of Directors approved the Group results for the fourth quarter and the full year of 2017 (unaudited). Read full press release
12 seismic campaigns in licensing in Brazil
February 16, 2018 IBAMA has 12 seismic data acquisition projects in the Brazilian offshore with licensing in progress since last year. The survey carried out by E & P Brasil in the public data of the environmental agency indicates that Petrobras is currently the main claimant of projects licenses. The oil company has been anticipating its licensing... Continue Reading →
Former Hercules CEO to head Tidewater
U.S. offshore support vessel owner Tidewater has appointed a new president and chief executive officer (CEO), effective March 5. Tidewater said on Thursday that John T. Rynd would become the company’s new president, CEO, and board member. He will replace Larry T. Rigdon who served as interim president and CEO since October 2017. Read more
Saipem picks GranEnergia’s accommodation unit for Kaombo
Italian offshore contractor Saipem has awarded GranEnergia, a Brazilian offshore accommodation solutions provider and a subsidiary of GranInvestimentos, a contract for the DP3 compact semi-submersible vessel Venus. GranEnergia said on Thursday that the contract entails the provision of offshore accommodation services for Total’s Kaombo project offshore Angola. Read more
Brazil Energy Insight 