Tullow Oil has revealed its plans for the rest of the year to drill offshore Suriname, and resuming at the Tweneboa, Enyenra, Ntomme (TEN) fields offshore Ghana. Image from Tullow Oil. In the company’s half year 2017 report…
Karoon Gas Australia is moving into front-end engineering and design on its Echidna light oil discovery in the Santos Basin offshore Brazil. The Echidna development concept consists of a leased floating production, storage, and offloading facility…
CGG has completed an extension of its Santos VII broadband 3D multi-client survey offshore Brazil. The 1867sq km extension to the original footprint gives CGG a total of almost 16,000sq km of newly acquired and imaged pre-salt coverage. The…
ExxonMobil has discovered additional oil at a Payara appraisal well offshore Guyana, upping the ultra deepwater discovery's resources to about 500 MMboe. Map of Stabroek, from Exxon. The…
Petrobras has awarded Subsea 7 extensions for three pipelay support vessels (PLSVs) currently on long-term day-rate contracts offshore Brazil, with a total combined value of about US$250 million. The firm contract periods for the Seven Waves…
Brazil’s National Petroleum Agency (ANP) has published the final bidding terms for the 14th Round of bids for oil and gas blocks set for 27 September. Some of the blocks available in the 14th Round in the Sergipe-Alagoas area…
Brazilian oil major Petrobras set a new pre-salt production record in June. The oil production Petrobras operates (own and partner shares) in the pre-salt layer set two new monthly and daily records. The new monthly production record is 1…
Petrobras has awarded CGG a contract to process the seismic data from a 3D ocean bottom node (OBN) survey covering a full-fold area of 2180sq km in Brazil’s deepwater Santos Basin. This will be the largest node survey ever acquired and processed in the industry…
ExxonMobil is preparing exploration activities offshore Suriname, after signing a production sharing contract (PSC) with Suriname’s national oil company Staatsolie Maatschappij Suriname NV for deepwater Block 59. Image from Exxon…
Statoil has gained more stake offshore Brazil, following a US$379 million deal with Queiroz Galvão Exploração e Produção (QGEP) to acquire QGEP’s 10% interest in the BM-S-8 license in the Santos basin. Map of BM-S-8…
Statoil has awarded Apply Leirvik a US$48 million (NOK 400 million) contract for the delivery of the living quarters module for the Peregrino II Platform in the Campos Basin offshore Brazil. Illustration of Peregrino II…
New gas discoveries and increased sanctioning activity is expected to break the downward production trend in Trinidad, according to Rystad Energy. Last month on 2 June 2017, BP Trinidad & Tobago (BPTT) announced two new gas discoveries…
Brazil's Petrobras is offering its 70% interest in the Maromba heavy oil field in the Campos Basin, offshore Brazil. Chevron also has a 30% and is also looking to divest the Campo de Maromba (BC-20A concession). 'The potential transaction…
US Independent Anadarko Petroleum has terminated its contract with Dolphin Drilling's Bolette Dolphin drillship, the drilling contractor announced on 2 July. Dolphin, a subsidiary of Fred. Olsen Energy, said the termination will be effective at the end of August 2017…
Petrobras and CNPC have signed a memorandum of understanding (MoU) in Beijing to structure a strategic partnership. The MoU was signed by Petrobras CEO Pedro Parente, and Wang Dongjin, VP of CNPC and CEO of PetroChina. The MoU will…