Offshore South America News - page 2

CGX to Drill Another Well in Guyana Using Maersk Discoverer Rig

Aug 30, 2021

CGX Resources has exercised an option to drill one more exploration well offshore Guyana using Maersk Drilling's Maersk Discoverer drilling rig, the Danish drilling firm has confirmed.CGX, which started drilling a week ago at its first well…

Environmental Concerns: Shareholder Asks Petrobras to Skip Offshore Oil Tender

Aug 27, 2021

Anapetro, an association of shareholders in Brazil’s Petrobras who are also employees, on Thursday publicly asked the state-run oil company to skip an upcoming auction of an oil area near coral reefs, due to environmental concerns.In a public letter to company management…

Brazil's Enauta in Exclusive Talks with Yinson for "New" Atlanta Field FPSO

Aug 26, 2021

Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the 'Definitive System' of the Atlanta field in the Santos Basin…

Project Launched to Deploy Thermoplastic Composite Pipe Flowlines, Risers in Brazil's Pre-Salt Area

Aug 25, 2021

Thermoplastic composite pipe technology developer Strohm has entered a joint industry program with Shell and Petrobras with the goal of deploying its Thermoplastic Composite Pipe (TCP) Flowline and Riser technology offshore Brazil.Strohm said…

Petrobras Awards 3-year Deals for DOF/TechnipFMC PLSV Duo

Aug 24, 2021

Brazilian oil company Petrobras has contracted awarded contracts for two pipelay support vessels owned by DOF and TechnipFMC.Oslo-listed DOF Subsea said Tuesday that the contracts, for three years each, are for the vessels Skandi Vitória and Skandi Niteroi…

CGX, Frontera Spud Kawa-1 Well Offshore Guyana

Aug 23, 2021

Canadian-based firm Frontera Energy and CGX Energy have started drilling at the Kawa-1 exploration well, offshore Guyana, using Maersk Drilling's Maersk Discoverer semi-submersible drilling rig. Also, the firms have exercised the option to drill a second well with the rig…

ExxonMobil Delays Drilling Decision for 2nd Kaieteur Block Well in Guyana

Aug 23, 2021

ExxonMobil is taking more time to nominate the prospect target for the second exploration well on the Kaieteur Block, offshore Guyana, its partners in the project said.Westmount Energy, an indirect partner in the block on Monday cited Ration Petroleum…

Karoon Energy Names New CFO

Aug 20, 2021

Australian oil and gas company Karoon Energy has this week named Ray Church as Executive Vice President and Chief Financial Officer.Church will start with Karoon on  September 27. 2021. Current Chief Financial Officer,  Scott Hosking, will oversee…

TotalEnergies Extends Maersk Drilling Rig Charter in Suriname

Aug 20, 2021

French energy giant TotalEnergies has exercised an option for the extended use of one of Maersk Drilling's offshore drilling rigs in Suriname.TotalEnergies, which became the operator of the prolific Block 58 in January where it has in the past year with partner Apache struck several oil discoveries…

Emerging Oil Nations Reject Climate Curbs on Exploration, Eye Rapid Development

Aug 20, 2021

The world's newest oil-producing nations grabbed the spotlight at this week's Offshore Technology Conference with ambitious plans to tap oil and gas discoveries in a race against a global energy transition to lower-carbon fuels.At the conference…

Spurred by Offshore Oil Discoveries, Guyana's Economy to Grow 500% by 2030

Aug 19, 2021

Guyana's economy is expected to expand by 500% by 2030 as companies continue to plumb its offshore oil and gas reserves, a government official said on Wednesday.The small South American country has become one of the world's oil exploration hotspots…

Exxon Investing in Brazil's Offshore Fields to Reduce CO2 Emissions

Aug 19, 2021

Exxon Mobil Corp sees its investments in Brazil's offshore helping the company achieve a goal of lowering carbon emissions in its oil and gas production, country head Juan Lessmann said on Wednesday.Exxon's board is considering a pledge to cut…

Strohm Sets Up Shop in Brazil

Aug 19, 2021

Strohm, a business that specializes in composite pipe technology, announced on Thursday that it had opened a new office in Rio de Janeiro and that it was establishing a center of excellence for developing its Thermoplastic Composite Pipe (TCP)…

Guyana, Suriname Eye Further Drilling from Oil Majors After Discoveries

Aug 18, 2021

Guyana and Suriname expect continued exploratory drilling over the next two years by oil majors in their joint offshore basin after a string of recent discoveries, government officials and corporate executives said at a conference on Wednesday…

Guyana to Increase Oil Royalties and Revamp Contract Terms for Future Oil Projects

Aug 18, 2021

Guyana aims to increase its oil royalties and revamp other contract terms as part of a new profit-sharing agreement (PSA) for future crude and gas projects now in its draft stage, the South American nation's vice president said on Tuesday.The…

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