(offshore-energy.biz) Allseas has completed its offshore pipelay commitments for a 700-kilometer-long natural gas pipeline in Mexico ahead of schedule, for its client TC Energy. The Southeast Gateway 36-inch natural gas pipeline runs south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bocas. Allseas delivered the pipeline in 11 months, which... Continue Reading →
Petrobras drills new wells in the Campos and Santos Basins
(PN) New exploratory activity by Petrobras with different objectives. In recent days, the company began drilling two wells in different fields in the Campos and Santos Basins, in the Marlim Sul and Aram areas, respectively. The information is available on the website of the National Petroleum Agency (ANP). In Marlim Sul, drilling is taking place... Continue Reading →
Brava Energia: Clarification on news published in the media
BRAVA ENERGIA S.A. (“BRAVA” or "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, in relation to the news published in the media on January 6, 2025, in the “Economic Radar” column of “Veja Negócios” entitled “Brava Energia doubles production with surprise in the Atlanta Field”, clarifies to its investors and the market in general... Continue Reading →
Shearwater Kicks Off Second Round of Pelotas Basin Surveys
(OE) Shearwater Geoservices has started the second season of acquisition for the Pelotas Basin multi-client 3D seismic survey in Brazil, conducted in partnership with Searcher Seismic. The new acquisition will be the sixth multi-client 3D project for the joint venture and will utilize the SW Empress, one of the world’s most advanced seismic vessels, to... Continue Reading →
SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts
(offshore-energy.biz) With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, the Netherlands-headquartered SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are anticipated to be... Continue Reading →
Suriname oil development could be most expensive to date in Guyana Basin
(oilnow.gy) Staatsolie said Suriname’s first oil development in the shared basin could cost US$13.2 billion. This would represent the highest development expense for such a project, costing more than any of the six projects already sanctioned for nearby Guyana in the same basin. TotalEnergies, the operator for the Gran Morgu project, had said the project’s estimated cost is... Continue Reading →
Harnessing cutting-edge technologies to shape next-generation FPSO future
(offshore-energy.biz) The global offshore energy industry’s floating production solutions have come a long way from their humble beginnings and seem to be poised to continue their evolution driven by the need to tap deeper into challenging offshore environments buttressed by growing energy demand, rising security of supply concerns, and increasing climate change prompts to pivot... Continue Reading →
Brava Energia – Start of the FPSO Atlanta production
BRAVA ENERGIA S.A. (“BRAVA” or "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, in sequence of the Material Fact disclosed on December 30, 2024 regarding the authorization of the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) for the start of operations of the FPSO Atlanta (Definitive System), informs its investors and the... Continue Reading →
Petrobras Hires Seadrill’s Drillship Pair for Brazil Ops
(OE) Petrobras has awarded contracts to Seadrill’s two ultra-deepwater drillships – West Jupiter and West Tellus – for work offshore Brazil. West Jupiter has been hired under a 1,095-day contract, following a competitive tender process. The contract will contribute approximately $493 million to Seadrill’s order backlog, including additional services and excluding a mobilization fee of... Continue Reading →
Petrobras informs about new law for the oil and gas sector
Petróleo Brasileiro S.A. - Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content surpluses among contracts in exploration and production of oil and natural gas, in accordance with Article 2, main section, item X, of Law 9,478, dated August 6, 1997. Moreover,... Continue Reading →