Offshore Engineer Deepwater News

 

Nigeria Plan for Local Firms Stands on Shaky Ground

Feb 14, 2019

Nigeria's Ministry of Petroleum Resources has recently reiterated its intention to push for an increase of the share to the national crude oil production from indigenous oil and gas companies to 30% in the short-term, but it is not definite how much impact this move will have on efforts to bring online small and stranded offshore oil and gas fields in the West African country.The desire to ramp up…

Petrobras Will Pay to End Whale Park Dispute

Feb 15, 2019

Brazil state-run oil firm Petroleo Brasileiro SA said on Thursday it had concluded a long-running dispute with the country's ANP petroleum regulator, agreeing to pay 3.5 billion reais ($940 million) to end an oil-royalty spat.Dating back to 2014…

Video: FPSO Travels from China to Brazil

Feb 13, 2019

Dutch firm Boskalis transported the 90,000-ton FPSO P-67 from Qingdao, China to Rio de Janeiro, Brazil, aboard the semi-submersible heavy transport vessel BOKA Vanguard.FPSO P-67 was built by China’s Offshore Oil Engineering Company (COOEC)…

Leviathan Subsea Equipment Completed

Feb 13, 2019

Houston based Trendsetter Engineering said it has finished building a range of subsea production equipment for Noble Energy’s Leviathan Project, a large natural gas field under development in the Eastern Mediterranean Sea off the coast of Israel…

Equinor Betting Big in Brazil

Feb 13, 2019

Norwegian energy company Equinor is continuously solidifying its position in Brazil.Indeed, Equinor is considering participating in the upcoming tender of the surplus oil of the “Onerous Assignment”, which saw Petrobras awarded a certain pre…

Partners Designing Autonomous Seismic Nodes

Feb 12, 2019

Underwater sensor technology company Sonardyne International said it is partnering with Shell Brasil and Brazilian research institute Senai-Cimatec to develop autonomous technology to make the monitoring of Brazil’s deepwater pre-salt oil fields more efficient…

ExxonMobil Makes Two Discoveries Offshore Guyana

Feb 06, 2019

ExxonMobil and its partners have made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12, the U.S. supermajor announced Wednesday. The discoveries…

TechnipFMC Wins EPCI Contract for Mero 1

Feb 06, 2019

TechnipFMC has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, Total, CNOOC Limited, CNPC and Pré-Sal Petróleo (PPSA), an engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field…

Sete to Sell Drilling Units for the Pre-salt

Feb 06, 2019

Sete Brasil was created in 2010 to manage the construction of 28 drilling units in Brazilian shipyards to fulfill Petrobras contracts to drill its pre-salt plays, at a time when Petrobras unrealistically planned to be the sole pre-salt operator…

Equatorial Guinea to Offer Ophir's Old Blocks

Feb 05, 2019

Equatorial Guinea will offer offshore Block R with the related Fortuna gas development project in the April licensing round, after the concession was reclaimed from Ophir Energy Plc, the oil minister said on Tuesday.Gabriel Obiang Lima told…

PetroRio Wants Petrobras' Frade Stake

Feb 04, 2019

Brazilian independent oil firm PetroRio SA, which already owns 70 percent of the Frade oil field, has approached Petrobras about buying its 30 percent stake in the field, a person familiar with the matter said.PetroRio recently signed a deal…

Deepwater Oil Output to Reach 10 mb/d in 2019

Feb 01, 2019

Global deepwater oil production was expected to grow 700,000 barrels  per day (b/d) this year to hit a record high of more than 10 million b/d.Norwegian research group Rystad Energy said that it 'expects global deepwater production to reach record high level and surpass 10 million bb/d…

FPSO P-67 Starts Production at Lula

Feb 01, 2019

Petrobras announced Friday it has started producing oil and natural gas through the P-67 floating, production, storage and offloading unit (FPSO), in the deepwater Lula Norte area, in the pre-salt of Santos Basin offshore Brazil.The FPSO is located approximately 260 kilometers off Rio de Janeirot…

Tanzania Offshore Puts Off Potential Suitors

Jan 31, 2019

Tanzania could be preparing for yet another licensing round of its offshore oil and gas blocks in the second quarter of 2019, more than four years after the last auction did not yield the anticipated results on the back of the country's complex regulatory regime…

Project Azul Phase II Ready to Launch

Jan 30, 2019

The massive Libra pre-salt area, which was originally believed to contain at least volumes of between 8 billion and 12 billion boe, started production at the end of 2017. Located within the Santos Basin, over 200 kilometers off the coast of Rio de Janeiro…

Current News

Equinor to Explore off Australia

Equinor to Explore off Australia

Wood Bags EPCI Contract from Equinor

Wood Bags EPCI Contract from Equinor

Top-tension Riser JIP Launched

Top-tension Riser JIP Launched

Shell, Repsol Team Up Offshore Bulgaria

Shell, Repsol Team Up Offshore Bulgaria

Babcock Wins BW Catcher Contract

Babcock Wins BW Catcher Contract

Sakhalin: Offshore Heavy Lift Refit

Sakhalin: Offshore Heavy Lift Refit

Neptune Energy to Present Plan for Norway Fields

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