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Fugro has completed a geohazard site investigation programme for TotalEnergies off the north-west coast of Paramaribo in Block 58 of the Guyana-Suriname Basin. The project involved the acquisition and analysis of geophysical data and geotechnical soil samples approximately 150 kilometres offshore in water depths ranging from 60 metres to 2,100 metres. Fugro carried out the... Continue Reading →
Harbour Energy will exit its exploration license interests in the Ceará basin off northeast Brazil and in the Burgos basin offshore Mexico. The company, formed last year from the merger between Chrysaor and Premier Oil, said its exploration strategy was to focus mainly on infrastructure-led, lower risk opportunities in areas where the company already has a producing... Continue Reading →
The National Petroleum Agency (ANP) this week approved a resolution that deals with procedures for presenting guarantees and instruments that ensure the decommissioning of production facilities in oil and gas fields in the country. The presentation of these financial guarantees was already foreseen in the exploration and production contracts. The agency's new resolution brings more... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/25/2020, informs that it concluded, on this date, the sale of its 40% interest in the company GNL Gemini Comercialização e Logística de Gás Ltda. (GásLocal) to White Martins Gases Industriais Ltda. (White Martins), ending the controversies arising from the activities of the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 4.250% Global Notes due 2023 (“4.250% Notes”) and 4.375% Global Notes due 2023 (“4.375% Notes” and, together with the 4.250% Notes, the “Notes”) announcing the redemption prices for... Continue Reading →
(TN) Porto do Açu became the first port in Brazil to receive EcoPorts certification, the sector's main certification initiative. The seal, obtained this week, incorporates the main internationally recognized environmental management standards, such as ISO 14001. One of the network's objectives is to standardize good environmental management practices in the port sector through cooperation and... Continue Reading →
(PetroleoHoje) PetroRio defined the contracting of the drilling service for the Frade and Wahoo projects, in the Campos Basin. The start of the campaign is scheduled for the first quarter of 2022. Instead of the original proposal to close a single package, the oil company opted to split the process into three different businesses, hiring... Continue Reading →
Italian oil and gas company Eni has started production from the Cabaça North development project, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo FPSO. The Cabaça North development, with an expected peak production rate in the range of 15 kbopd, will increase and sustain the plateau of the Armada Olombendo. The... Continue Reading →
Following the spud in August 2021, the Kawa-1 exploration well, located offshore Guyana, is on track to reach total depth in the first half of December 2021. So far, the well results are consistent with pre-drill geological and geophysical expectations. The Kawa-1 well is located on the Corentyne Block where CGX Energy is the operator... Continue Reading →
(OE) Aberdeen-based offshore rig inspection company ADC Energy has said it has won a contract with an unnamed U.S.-based LNG company to help it identify and select offshore drilling rigs suitable for conversion for LNG operations. According to ADC Energy, the company has begun conducting audits to identify suitable drilling rigs as part of this... Continue Reading →
