MODEC has signed an agreement with Shell for the operations and maintenance of the floating production, storage and offloading (FPSO) vessel, to be deployed at Gato do Mato deepwater field off Brazil, for a period of 20 years.The agreement follows…
Shell Brasil Petróleo, a subsidiary of Shell, has taken the Final Investment Decision (FID) for Gato do Mato, a deepwater oil and gas project in the pre-salt area of the Santos Basin, offshore Brazil.The Gato do Mato Consortium includes Shell (operator with a 50% stake)…
Brazilian state-run oil and gas company Petrobras has identified presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block, offshore Brazil.The well, 4-BRSA-1395-SPS, is located 245 km from the city of Santos-SP…
Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has entered Brazilian waters, and is heading to Petrobras’ Mero field in Santos Basin for commissioning works before being put into production later in 2025.Alexandre de Gusmão FPSO departed China…
Petrobras has made an oil discovery at the Búzios field, reaffirming the pre-salt potential of the field located in the Santos Basin, offshore Brazil.Petrobras confirmed the presence of oil with the drilling of well 9-BUZ-99D-RJS, located in the western region of the Búzios field…
Australian oil and gas company Santos has signed a helicopter transportation services contract with Weststar-GAP Aviation for its offshore operations in Timor-Leste’s Bayu-Undan region.Under the $40 million contract, Weststar-GAP Aviation, a joint venture between Timor GAP-Timor Gas Petroleo…
Brazilian state-run oil and gas major Petrobras has informed that its proven reserves of oil, condensate and natural gas rose to 11.4 billion barrels of oil equivalent (boe) in 2024, compared to 10.9 billion boe reported in 2023.Oil and condensate…
Brazilian oil and gas regulator National Agency of Petroleum, Natural Gas and Biofuels (ANP) has made a decision to merge Petrobras-operated Berbigão and Sururu fields, in the pre-salt Santos Basin, offshore Brazil.Operated by Petrobras with a 42…
Petrobras, on behalf of the Tupi field consortium, has extended charter and service agreements for the floating production storage and offloading (FPSO) unit Cidade de Angra dos Reis, announcing also the upgrades to the vessel.The amendments…
Santos has effectively stalled plans for a Western Australian oil and gas project worth over A$3 billion ($1.87 billion), sending minority partner Carnarvon Energy's, shares tumbling on Tuesday.Carnarvon's shares closed about 23% lower, ending…
Offshore drilling contractor Noble Corporation has secured a contract for its semi-submersible drilling rig Ocean Apex offshore Australia.The new contract, with undisclosed client, is for a minimum 37 days, and will begin in direct continuation of the rig’s prior commitments in Australia…
Petrobras has awarded contracts to Seadrill’s two ultra-deepwater drillships – West Jupiter and West Tellus – for work offshore Brazil.West Jupiter has been hired under a 1,095-day contract, following a competitive tender process. The contract…
Offshore drilling firm Ventura Offshore has secured a contract with Petrobras for the deployment of the ultra-deepwater drillship DS Carolina to the Sepia and Atapu fields located in the Santos Basin, offshore Brazil.The contract value is approximately…
Brazilian state-run oil and gas company Petrobras has terminated the contract with Brava Energia’s Enauta for the sale of its entire stake in the Uruguá and Tamba fields.Under the contract, signed by the companies in July 2024, Petrobras was to received $35 million for the stake sale…
Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has departed in China and is now on its way to Brazil where it will be deployed at Petrobras’ Mero field, in the Santos Basin.The Alexandre de Gusmão FPSO left China on December 16…
