Offshore drilling contractor Noble Corporation has won a six-month contract for its Noble Sam Croft drillship with ExxonMobil in Guyana. Noble shared the news as part of its 2Q results presentation in which it posted a loss of $42 million.The drilling company…
Brazilian oil company Petrobras has said its Buzios deepwater field off Brazil broke monthly oil production record for July.Petrobras said Wednesday that its floating production storage and offloading units installed at the deepwater oilfield had reached new monthly production records in July…
UK-based offshore energy equipment maker Subsea Energy Solutions is expanding into Brazil following signing a sales agreement with Marine and Offshore Partners.Subsea Energy Solutions said Wednesday that Rio-based M&O Partners would help it…
Offshore oil industry supplier Ocyan plans to participate in bids for much bigger platforms than it currently has in Brazilian waters, the world’s largest market for floating platforms, Chief Executive Roberto Bischoff told Reuters.He said Ocyan…
CIMC Raffles-managed offshore accommodation rig OOS Tiradentes will soon resume work for Petrobras in Brazil, after a hiatus due to COVID-19 pandemic.CIMC Raffles asset operation management center which manages the semi-sub accommodation rig…
Former Guyanese housing minister Irfaan Ali was sworn in as president of the newly oil-producing South American country on Sunday, after he was declared winner of a disputed March 2 election following a recount.Preliminary recount data released in June showed Ali…
Brazilian state-run oil firm Petroleo Brasileiro SA on Thursday posted a loss of 2.7 billion reais ($524 million) in the second quarter, hurt by tumbling oil prices despite record export volumes to China.The result, down from a record quarterly profit of 18…
Tubular solutions supplier Vallourec has signed contract extensions with Petrobras for the supply of its products and services.Since 2019, Vallourec has been supplying Petrobras with OCTG products, including seamless steel tubes, connections…
Brazilian state-controlled oil producer Petrobras has agreed to pay 950 million reais ($184 million) to its pension fund Petros to settle a dispute over investments at drillship company Sete Brasil, the company said in a filing on Wednesday…
Apache Corp and its joint venture partner Total on Wednesday said they had made their third oil discovery offshore Suriname.The 'major oil discovery' was made at the Kwaskwasi-1 well drilled by the Noble Sam Croft in Block 58, where Apache is…
London-listed oil and gas exploration and production firm Tullow Oil expects to hire an offshore drilling rig soon for drilling operation in Suriname.The company said Monday that the drilling of the Goliathberg-Voltzberg North prospect (GVN…
The former boss of Mexican state oil firm Pemex, Emilio Lozoya, told a court on Tuesday he was innocent of graft charges and vowed to denounce those responsible for his alleged crimes, in a case that could seriously embarrass Mexico's previous rulers…
Brazil's Petrobras said in a securities filing on Monday that it had published a prospectus regarding the sale of its stake in an exploratory block in Colombia, located in the Guajira bay.The block is known as Tayrona. Petrobras for the past…
Brazilian oil company Petróleo Brasileiro SA announced adjustments to a $665 million contract governing the sale of its entire stake in the Baúna oil field to Australia's Karoon Energy, according to a securities filing late on Friday.The Bauna field is in the Santos basin in the Atlantic Ocean…
Brazilian state-controlled oil company Petrobras said on Friday it has approved the start of a tender to build three new floating platforms, known as FPSOs, in the Buzios oilfield, one of the biggest deepwater discoveries this century.Earlier in July…