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(OE) Challenger Energy has, through its wholly-owned Uruguayan subsidiary CEG Uruguay, entered into farm-out agreement with Chevron for the 60% interest in the AREA OFF-1 block offshore Uruguay. As part of the agreement, Chevron will acquire a 60% participating interest in the AREA OFF-1 block, and will assume operatorship of the block, while CEG Uruguay... Continue Reading →
(Oilprice.com) Exxon and Malaysia’s state-run Petronas will extend exploration for a gas discovery off the coast of Suriname, the country’s national oil company, Staatsolie, said on Monday. Eyeing a repeat of the huge oil and gas success in the same basin offshore Guyana, explorers in Suriname are also reportedly considering a floating LNG project. Exploration... Continue Reading →
(PN) Omni Taxi Aereo, part of the Omni Helicopters International (OHI) Group, the main provider of air mobility solutions in Latin America, announces that it has won two contracts from Petrobras to operate unmanned aerial vehicles (UAVs) in offshore missions. The missions will perform beyond-line-of-sight (BVLOS) flights, transporting 50kg payloads to offshore installations and conducting... Continue Reading →
(PN) Drilling of the pioneer well in the Pau Brasil block, operated BP in the Santos Basin pre-salt, is scheduled to begin next month on April 24th. The well will be drilled by the Valaris DS-15 drillship. The vessel is being chartered at a daily rate of US$410,000. The contract will be valid until June... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras clarifies that its Governance and Compliance Department has concluded the investigation into possible interference by two of its directors in the processing of the procedure that led to the signing of the tolling contract with Unigel and has concluded that there is no confirmation of irregularities in this regard. This... Continue Reading →
U.S.-based Oceaneering has completed its first onshore piloting of a remotely operated vehicle (ROV) from an onshore remote operation center (OROC) in Brazil, carried out in partnership with the Brazillian oil and gas giant Petrobras. The companies worked together to ensure secure offshore connectivity for piloting the ROV from the OROC in Macaé, Rio de... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, in continuity with the announcement made on April 26, 2023 and February 6, 2024, informs that the agreement with the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to close the lawsuit involving the recalculation of government participation (royalties and special participation) related to oil production in the Jubarte... Continue Reading →
– Petróleo Brasileiro S.A. – Petrobras, in continuation of the announcements of 02/15/2022, 06/26/2023, 06/28/2023 and 11/13/2023, informs that, on March 1, 2024, the Federal Supreme Court ("STF") closed the trial, held in virtual plenary, of the process in which the Minimum Remuneration by Level and Regime (RMNR) is discussed. The 1st Panel of the... Continue Reading →
By Ron Vis and Vincent van Duijvenbode, McDermott (OM) Rising demand for hydrogen as a new clean source of power will drive the emergence of gigawatt-scale green hydrogen production installations close to offshore wind farms. Various pilot projects are under development and early-phase small-scale hydrogen production facilities are being installed in the Dutch North Sea. There... Continue Reading →
(OM) SBM Offshore has issued updates on its latest FPSO construction programs. Topsides module lifting is nearing completion on the Almirante Tamandaré, with integration and commissioning activities progressing in parallel. The FPSO is due to be delivered later this year and should produce first oil for Petrobras from the Búzios Field in early 2025. Alexandre de Gusmão,... Continue Reading →
Brazil Energy Insight 