Dutch shipbuilder and ship-repair specialist Damen and Brazil’s Wilson Sons Estaleiros have completed the conversion of the Fulmar platform supply vessel to a shallow dive support vessel ahead of its contract with Petrobras. According to Damen, the vessel, owned and operated by Wilson Sons UltraTug Offshore, also needed an upgrade from DP1 to DP2 Class... Continue Reading →

ION Geophysical, a Houston-based geoscience company, will expand its multi-client data through a new 2D multi-client reimaging program offshore Brazil. ION said on Tuesday that the first phase of the Farofa program covered acreage in the deepwater Campos basin that would be available for licensing this October in Brazil’s upcoming Round 16. The program will... Continue Reading →

Oil and gas exploration is back and deepwater sweet spots are attracting the most attention, energy intelligence group Wood Mackenzie’s industry survey has shown. According to Wood Mackenzie’s eleventh yearly oil and gas exploration survey, in which 259 senior energy leaders took part, the exploration industry optimism is back, profits have returned and the prospects... Continue Reading →

Bristow Group, a helicopter services provider for the offshore oil and gas industry, has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. Announcing the filing on Saturday, May 11 Bristow said it intended to use the proceedings to restructure and strengthen its balance sheet and achieve... Continue Reading →

10/05/2019 Shell plans to invest about $ 2 billion a year in its activities in Brazil up to 2025 but may increase that amount to take advantage of new acquisition opportunities at all three oil and gas auctions. The company's global president, Ben van Beurden, says the company's offensive in the country will not only... Continue Reading →

10/05/2019 TGS plans to expand the number of multi-client seismic campaigns in Brazil and Argentina, countries considered central to the company's growth. According to the Norwegian service provider, the Brazilian market favors new activities due to the new auctions and the simplification of its regulatory system. In its financial report released on Thursday , TGS... Continue Reading →

May 10, 2019 Activities will be conducted in blocks of the 9th and 13th rounds of the ANP, revealed CEO Pedro Zinner Eneva plans to drill 11 exploration and 1 development wells this year, company president Pedro Zinner said this Thursday (9/5). Ten of them will be drilled in blocks auctioned in the 13th round... Continue Reading →

The U.S. oil company Anadarko has agreed to be acquired by Occidental Petroleum after Chevron on Thursday said it wouldn’t raise a previously placed takeover bid. Following Chevron’s announcement, Anadarko on Thursday said it had entered into a definitive merger agreement with Occidental Petroleum Corporation under which Occidental will acquire all of the outstanding shares... Continue Reading →

Dutch SBM Offshore has officially won a contract to deliver an FPSO for ExxonMobil’s second phase of the Liza development offshore Guyana. SBM Offshore, which had won the front end engineering work for the project last year, on Friday confirmed the construction and installation award. The FPSO construction and delivery award follows the Final Investment... Continue Reading →