VIDEO: Prosperity FPSO Hull Arrives in Singapore

(OE) The hull of the FPSO Prosperity, which will be Guyana's third offshore oil production unit once delivered, has arrived at the Keppel yard in Singapore, where it will be fitted with topside modules. SBM Offshore, which will deliver the FPSO  to end client ExxonMobil, said that despite the various challenges posed by the ongoing global pandemic,... Continue Reading →

ROV Services Market Update

(OE) The ROV Services market continues to be a key component for helping subsea operators achieve greater levels of operational efficiency and to reduce costs and will play a growing role in supporting the expansion of future offshore wind projects with tasks like laying cables, pre- and post-lay cable survey and other seabed activities. The... Continue Reading →

TotalEnergies Drilling Again in Brazil

(PetroleoHoje) In the coming days, TotalEnergies EP will start a new campaign in Brazil. The works will be carried out in the Lapa field, in the Santos cluster, and in the C-M-541 block, located in ultra-deep waters in the Campos Basin, contemplating well abandonment and exploratory drilling activities. The two campaigns will be carried out... Continue Reading →

PTTEP announces sale of Partex Brasil Ltda. and Partex Brasil Operacoes Petrolifera Ltda. to Ubuntu Engenharia

The divestment of Partex Brasil Ltda. and Partex Brasil Operações Petrolíferas Ltda. PTT Exploration and Production Public Company Limited, or PTTEP, wishes to announce that, on 30th July 2021, Participations and Explorations Corporation and Partex (Brazil) Corporation, subsidiaries of PTTEP, entered into a Sale and Purchase Agreement (SPA) to sell Partex Brasil Ltda. and Partex Brasil... Continue Reading →

Seadrill, Northern Ocean settle rigs dispute

(Offshore) Seadrill has reached an agreement with Northern Ocean Ltd. on balances outstanding from Seadrill’s preparation of the semisubmersible drilling rigs West Mira and West Bollsta. Seadrill has reached an agreement with Northern Ocean Ltd. (NOL) on balances outstanding from Seadrill’s preparation of the semisubmersible drilling rigs West Mira and West Bollsta. The settlement closes all outstanding balances, claims,... Continue Reading →

Petrobras on E&P assets in the Potiguar Basin

Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on July 9, 2021, informs the beginning of the binding phase regarding the sale, together with Sonangol Hidrocarbonetos Brasil Ltda. (Sonangol), of all stakes of both companies in the onshore exploratory block POT-T-794, belonging to the BT-POT-55A concession, located in the Potiguar Basin, in... Continue Reading →

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