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Sept. 14 (OE) Saipem has been awarded a contract worth about $350 million for subsea work on Azule Energy's West Hub Tails oil project offshore Angola, part of the wider Agogo Integrated West Hub Development. The project is located about 180 kilometers offshore Angola in water depths of up to 1,750 meters. Under the contract... Continue Reading →
Sept. 13 (agencuainfra.com) Petrobras is expected to approve the proposal submitted by the Malaysian builder and operator Yinson for the Albacora FPSO (P-88), a Petrobras project in the Campos Basin. Sources at the state-owned company told Agência iNFRA that, despite concerns raised privately by competitors, the project design complies with the requirements. Companies that participated... Continue Reading →
Sept. 13 (agenciainfra.com) Lourenço Fróes, coordinator of Petrobras’ New FPSO Program (Profort), indicated on Friday (11) that the state-owned company is considering renewing the operating contracts for the FPSOs (Floating Production, Storage, and Offloading units) in the Seap (Sergipe Deepwater) project with the builder and operator SBM Offshore. Currently, the contracts run for six and... Continue Reading →
Sept. 10 - ANP (National Agency of Petroleum, Natural Gas and Biofuels) announced that bp has begun drilling the first well in the Tupinambá block, located in the pre-salt area of the Santos Basin. Drilling operations commenced on September 8, four days after Ibama issued the license authorizing an exploratory campaign of up to three... Continue Reading →
Sept. 11 (OE) SED Energy Holdings and Ventura Offshore have signed a letter of intent for an all-share combination that would create an energy services group with about $1.3 billion in contracted revenue backlog and an implied pro forma equity value of approximately $1 billion. Under the proposed transaction, SED Energy Holdings would acquire 100%... Continue Reading →
Sept. 10 (OE) TotalEnergies has made a new oil discovery at Acacia-5 in Angola's Block 17 and expects to bring it into production just three months after the June 2026 discovery, while expanding its exploration portfolio with operated interests in two additional offshore blocks. The Acacia-5 development will use available capacity on the Pazflor FPSO... Continue Reading →
Sept. 9 (OE) ExxonMobil has made a new hydrocarbon discovery at the Vicango East-01 exploration well in Angola’s offshore Block 15, marking the third discovery in the prolific block in the past four years. The well encountered about 25 metres (82 feet) of high-quality, hydrocarbon-bearing sandstone with porosity of 22%, Angola’s National Oil, Gas and... Continue Reading →
Sept. 9 (oilnow.gy) ExxonMobil Guyana’s Hammerhead development is progressing on several fronts, with drilling, subsea equipment manufacturing and construction of the project’s floating production, storage and offloading (FPSO) facility underway. During a recent episode of the Energy Perspectives podcast released September 7, ExxonMobil Guyana President Alistair Routledge provided the update, noting that the US$6.8 billion... Continue Reading →
Sept. 9 (offshore-energy.biz) South Korea’s Hanwha Ocean has secured a basic design review (BDR) certification from ABS for a standardized floating production, storage and offloading (FPSO) design developed for the South American and West African deepwater market, as well as related sustainability reviews. The review included the FPSO’s core design documentation and technical standards across key... Continue Reading →
Sept. 9 (OE) SLB and Shearwater GeoServices have launched a 3D multi-client seismic survey offshore Amapá in Brazil’s Equatorial Margin, targeting an underexplored area that has attracted increased interest following the recent Morpho hydrocarbon discovery. The Amapá 3D survey area is located about 130 kilometers from the Morpho exploration well and is designed to provide... Continue Reading →
