Offshore South America News - page 4

ExxonMobil Set to Spud Another Well at Guyana's Canje Block

Mar 09, 2021

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: Gov't Nominates Six Petrobras Directors

Mar 08, 2021

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 to Spend $90M on Guyana Offshore Drilling Campaign

Mar 08, 2021

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…

Brazil: Enauta Launches Bidding Process for Atlanta Field FPSO

Mar 08, 2021

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…

ExxonMobil Extends Seadrill Drillship's Workscope in Brazil

Mar 05, 2021

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…

PetroRio Buys Stake in Brazil Offshore Oil Field from Total

Mar 05, 2021

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…

Falkand Islands Gov't Gives More Time to Sea Lion Field Partners

Mar 05, 2021

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: Oil and Gas Licensing Round Results Expected in November

Mar 05, 2021

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…

Guyana: No Oil at Exxon's First Well in Canje Block

Mar 04, 2021

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…

Fifth Petrobras Director to Follow CEO Out

Mar 04, 2021

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…

Guyana: ExxonMobil Moves Drillship Away from Bulletwood Well. Drilling Result Unknown

Mar 03, 2021

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…

Petrobras: Four Board Members to Step Down Following CEO Ousting

Mar 03, 2021

Four board members at Brazil's Petrobras will step down at the end of their terms, the company said on Tuesday night, another sign of turmoil at the helm of the state-run oil producer.Petroleo Brasileiro SA, as the company is formally known…

AqualisBraemar Takes Care of Petrobras Shuttle Tankers' DP

Feb 25, 2021

Brazilian national oil company Petrobras has hired AqualisBraemar to perform DP acceptance and annual trials for their DP shuttle tanker fleet operating in Brazil over the next three years.Under the contract, AqualisBraemar will carry out trials…

Petrobras, SBM Offshore Sign LoI for Giant Búzios Field FPSO

Feb 25, 2021

Brazilian oil giant Petrobras has signed a letter of intent with Dutch FPSO supplier SBM Offshore for the delivery of an FPSO to be deployed in the Búzios field in the Santos Basin, offshore Brazil.SBM Offshore will be responsible for the engineering…

Petrobras Board Calls for Meeting to Oust CEO

Feb 24, 2021

The board of Brazilian state-run oil company Petrobras on Tuesday called an extraordinary shareholders' meeting, a move that all but guarantees the exit of Chief Executive Roberto Castello Branco.In a statement, Petroleo Brasileiro SA, as the company is officially known…

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