Brought to you by Quest Offshore & Southern Cone Consultants
Nov 4, 2019 Brazilian oil company Petrobras has extended a contract with Seadrill for the use of a drillship. Seadrill said on Monday that the contract was for the West Tellus drillship. Seadrill’s West Tellus is a 6th generation DP3 drillship rated for 3,600m water depth. It was built in 2013 by Samsung Shipyard in... Continue Reading →
The Falkland Islands government has granted an extension for the PL032 Discovery Area offshore license containing the Sea Lion oil discovery discovered by Rockhopper in 2010. Rockhopper, which owns a 40 percent stake in the PL032 license located in the North Falkland Basin, said Monday that the Falkland Islands government had extended the license until... Continue Reading →
Oil trader Vitol and Delonex Energy have quit a consortium that was set to buy a stake in two Nigerian oil fields from Brazil’s Petrobras. The sale is part of a Petrobras effort to offload $21 billion in assets amid heavy debts and a corruption scandal. The Petrobras Africa assets include an 8% interest in... Continue Reading →
Nov 01, 2019 Petrobras Natural Gas Executive Manager Rodrigo Costa Lima said that the installation of a floating gas terminal could be the solution for the production of new pre-salt fields. The decision, he says, has to be made by 2022 to absorb production growth in the second half of the next decade, and has... Continue Reading →
Nov 1, 2019 The Piauí-Alabama consortium, led by Triunfo Logística, was the winner of the bid to contract the decommissioning of the fixed platforms of the Cação field in the Espírito Santo Basin. The amount presented by the group to provide the service was R $ 38.5 million. The result was announced by Petrobras following... Continue Reading →
Nov 1, 2019 The consortium operated by Shell (50%), in partnership with Ecopetrol (30%) and Total (20%), plans to invest $ 3 billion in the development of the Gato do Mato project within the next four years, said Felipe Bayon, CEO of Colombian oil company, during conference with analysts. Eight to nine wells (producers, gas... Continue Reading →
Nov 1, 2019 Petrobras is due to start production in Sergipe's deepwater in December when it intends to test the Farfan reservoir, one of the discoveries made in the region. The plan foresees the installation of FPSO Cidade de São Vicente, connected to a production well. It took longer than expected to complete cleaning of... Continue Reading →
Exxon Mobil Corp. could take a pass on what it considers the world’s top deep-water oil discovery when Brazil puts the giant Buzios field up for auction next week. The Irving, Texas-based oil titan already has a large portfolio of offshore Brazil blocks it built up in recent years when access to one of the world’s... Continue Reading →
November 1, 2019 Petróleo Brasileiro S.A. - Petrobras reports that it has started the opportunity disclosure stage (teaser) regarding the sale of its interest in 15 onshore exploratory blocks, located in the Sergipe-Alagoas Basin. The teaser, which contains key information about the opportunity, as well as the eligibility criteria for selection of potential participants, is... Continue Reading →
November 1, 2019 Equinor is the second largest oil company in Brazil in terms of oil and gas production volume. And if it depends on the company's plans, the idea is to further expand these numbers. That's what the company's global supply chain vice president, Mauro Andrade reveals. "We estimate that with the entry of... Continue Reading →
