Brought to you by Quest Offshore & Southern Cone Consultants
Aug 20, 2020 Eneva's exploration work in the Parnaíba Basin is going full steam ahead. Now, the company has started drilling a well (4-ENV-14-MA) in block PN-T-103, which was purchased during the 13th Bidding Round, in 2015. In addition, the company made a natural gas discovery last week in well 1-ENV-13-MA, in block PN-T-68, also... Continue Reading →
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a large(1) contract for Engineering, Procurement, Construction and Installation (EPCI) through a competitive contracting process, by Petrobras, the leader and operator of the Libra Consortium, which was formed by Petrobras, Shell Brasil, Total, CNPC, CNOOC Limited and Pré-sal Petróleo SA (PPSA), for the pre-salt Mero field, located in... Continue Reading →
Valaris Plc became the latest casualty of the global slump in oil prices, filing for bankruptcy Wednesday as the world’s largest offshore rig owner by fleet size seeks to restructure a roughly $7 billion debt load. The Chapter 11 filing in the U.S. Bankruptcy Court for the Southern District of Texas comes after the company... Continue Reading →
Aug 19, 2020 Petrobras signaling to operate exclusively in the exploration of oil and natural gas in the offshore segment in ultra-deep waters, the activities of onshore production and marginal accumulated activities have opened up to independent operators and medium and small companies. The opening provided the resumption of investments in the Brazilian onshore, re-activating... Continue Reading →
State-owned Qatar Petroleum has entered into a farm-in agreement with Angola’s national oil company Sonangol and French oil major Total to acquire a 30 per cent stake in Block 48 located in Angolan ultra-deep waters. The block, with a drill-ready opportunity, covers an area of approximately 3,600 square kilometres, and Total expects to start operations... Continue Reading →
Aug, 19, 2020 Ibama renewed the operating license for the Baúna field, purchased by Karoon from Petrobras, in the Santos Basin post-salt. The license is valid until August 2024. Karoon expects to close the purchase of the field with Petrobras by September. The sale of 100% of Baúna was agreed at US$ 665 million, in... Continue Reading →
Aug 19, 2020 Petrobras will decide on the future of the bidding for the chartering of the FPSO of Itapu (transfer of rights) this week. The expectation is that the oil company will either choose to cancel the bid or postpone, once again, the date of delivery of the proposals, with the promise of being... Continue Reading →
Aug 19, 2020 The National Energy Policy Council (CNPE) approved the realization of the 17th and 18th bidding rounds in the years 2021 and 2022, respectively. The auctions would be held this year and next, but were postponed due to the crisis triggered by Covid-19 and the drop in world oil demand. In addition, the... Continue Reading →
Aug 19, 2020 The process of divestment in onshore fields in Brazil recently registered in the oil and gas industry due to the price of a barrel of oil and the economic recession caused by the covid-19 pandemic should warm up the sector and generate a promising market, evaluates the head of energy and natural... Continue Reading →
Since 2010, wind energy has seen sustained growth worldwide, with the amount of energy generated by offshore wind increasing by nearly 30% each year. Countries around the world need to ramp up renewable energy supply quickly to meet growing demand and rapidly reduce emissions. Despite this urgency, offshore wind currently provides less than 1% of the... Continue Reading →
