U.S.-based oilfield products supplier Forum Energy Technologies (FET) said it has entered into a partnership with Deepsea Technologies Equipamentos Industriais Ltda to represent its operations in Brazil as part of the business’ long-term growth strategy in South America…
The government of Guyana has granted an extension to the term of the Tullow Oil-operated Orinduik offshore block that will see the block partners maintain control of the block until 2023. According to Eco Atlantic, Tullow Oil's partner in the offshore block…
Brazil's state-run oil firm Petrobras said on Wednesday that the government has nominated a further two individuals as potential members of the firm's board of directors, to be voted on at the upcoming extraordinary general meeting.This comes after Petroleo Brasileiro SA…
Oil and gas companies Apache and Total have been forced to stop drilling operations at an offshore well in Suriname due to 'substantial pressure increases.'As announced on January 14, the Keskesi East-1 well discovered oil, volatile oil, and…
U.S. oil major ExxonMobil is set to drill another well in the Canje Block, offshore Guyana, after it was last week announced that the first well drilled -the Bulletwood-1 - failed to strike commercial oil volumes.ExxonMobil has now moved Stena…
Brazil's state-run oil firm Petrobras said on Monday that the government had nominated six individuals as potential members of the firm's board of directors, to be voted on at the upcoming extraordinary general meeting.Five have been nominated…
CGX Energy, a Canadian-based oil and gas firm focused on Guyana, expects to spud an exploration well in its Corentyne block in the second half of 2021.In a recent update, CGX Energy said the Kawa-1 exploration is expected to be drilled to a depth of approximately 6…
Brazilian oil company Enauta has launched the bidding process for the FPSO for the full development of the Atlanta field, in the Santos Basin, offshore Brazil.The Atlanta field has been producing oil via Petrojarl I FPSO - an early production system…
U.S. oil major ExxonMobil has recently awarded a contract extension to Seadrill for the use of the West Saturn drillship in Brazil.Seadrill revealed the news in its fourth-quarter 2020 presentation on Thursday. The offshore drilling contractor…
Brazilian oil and gas company PetroRio on Thursday said it had agreed to buy from Total a 28.6% stake in the Wahoo field, offshore Brazil.The field is located in the BM-C-30 Block, and the acquisition from Total, together with the interest in Wahoo PetroRio agreed to buy from BP…
The Falkland Islands government has agreed to extend the terms of several offshore oil and gas licenses, including the one containing the undeveloped Sea Lion field, oil and gas company Rockhopper has informed.To remind, Premier Oil, the operator of the Sea Lion development…
Colombia will launch this month the schedule for its 2021 licensing round offering 32 blocks for oil and gas exploration and production, with results expected in November, the head of the nation's oil regulator told Reuters on Thursday.Last year…
U.S. oil major ExxonMobil has failed to find commercial quantities of oil at the Bulletwood-1 offshore well in the Canje Block, offshore Guyana.The well, spudded on December 30, 2020, was drilled using the Stena Carron drillship and was the first well drilled in the 4…
A fifth board member at Brazil's Petrobras will step down, the company said as of Wednesday, and the state-run oil producer's shares tumbled more than 3% as management turmoil showed no signs of abating.A day earlier, four other board members stepped down at Petroleo Brasileiro SA…
The Stena Carron drillship most recently used by ExxonMobil to drill the Bulletwood-1 well in the Canje Block offshore Guyana has moved to a new drilling location.This is according to Westmount Energy which owns an indirect interest in the Canje Block…