Offshore Deepwater News - page 3


Petrobras Selling Two Concessions in Potiguar Basin

Aug 16, 2022

Brazil's Petrobras said on Tuesday it has started the process of looking for bidders for a 40% stake in two exploration oil concessions in the Potiguar Basin's deepwaters.Petroleo Brasileiro, as the company is formally known, owns 100% of the…

Nigeria's NNPC Renews Oil Contracts to Produce 10 Bln Barrels

Aug 12, 2022

Nigeria's state-owned oil firm NNPC Ltd on Friday renewed oil production sharing agreements with international majors and local firms for five deepwater blocks that officials said could produce up to 10 billion barrels over the next 20 years…

High Impact Exploration Sees Rebound

Aug 04, 2022

38 high-impact exploration wells were drilled in the first half of 2022, similar to the same period in 2021 when 39 wells completed, says industry analysts Westwood Global Energy Group. The 38 wells resulted in 13 potentially commercial discoveries at a 34% commercial success rate…

Transocean Lines Up Work for Two of Its Drillships

Aug 02, 2022

Offshore drilling contractor Transocean on Monday reported it has secured contracts for two of its ultra-deepwater drillships.The company said its Deepwater Conqueror has been awarded a two-year contract by a major operator for work in the U…

TechnipFMC Wins Contract for Gas to Energy Project in Guyana

Aug 02, 2022

Oilfield services firm TechnipFMC announced it has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited for the Gas to Energy Project in Guyana.Subject to final project sanction, TechnipFMC will provide engineering…

Bilfinger Wins Maintenance Deal for Shell‘s Gulf of Mexico Facilities

Aug 01, 2022

Services firm Bilfinger on Monday announced it has been awarded a multimillion dollar annual contract for the routine mechanical maintenance scope for Shell‘s oil and gas platforms in the Gulf of Mexico (GOM). The industrial services provider…

Odd Job Multiphase Boosting for OneSubsea, Subsea 7

Jul 28, 2022

OneSubsea and its alliance partner, Subsea 7 have won an engineering, procurement, construction and installation (EPCI) contract on Kosmos Energy's Odd Job field in the US Gulf of Mexico.Through the EPCI contract with Kosmos, OneSubsea, the subsea technologies…

ConocoPhillips Eyes US Gulf of Mexico Exit

Jul 20, 2022

ConocoPhillips is exploring a sale of its stake in the Ursa platform and Princess subsea well in the Gulf of Mexico, people familiar with the matter said on Wednesday, in what would mark its exit from deepwater energy production off the U.S…

Shell Places US Gulf of Mexico Assets Up for Sale

Jul 20, 2022

Shell is exploring a sale of its stakes in two U.S. Gulf of Mexico oil and gas developments which could raise as much as $1.5 billion for the energy major, people familiar with the matter said on Wednesday.Potential divestments of some aging…

Harbour Energy's Offshore Well in Indonesia Hits 'Material Gas Accumulation'

Jul 11, 2022

Oil and gas company Harbour Energy has completed the drilling of the Timpan-1 exploration well located 150 kilometers offshore Indonesia, encountering 'a material gas accumulation.'The well, in a water depth of 4,245 feet (1293.8 meters). was drilled to a total vertical depth of 13…

Pemex, New Fortress Energy Ink Deal on $1.5B Offshore Gas project

Jul 04, 2022

Mexican oil and gas company Pemex has signed a letter of intent with the U.S.-based company New Fortress Energy to resume work on a $1.5 billion offshore gas project in Mexico, Pemex Chief Executive Octavio Romero said on Friday.The agreement…

Shell Buys Operating Stake in Equinor's North Platte

Jun 29, 2022

Equinor said on Wednesday it has agreed to sell to Shell a 51% operating stake in the North Platte deepwater development project in the U.S. Gulf of Mexico. Equinor will retain 49% interest in the project, now renamed Sparta.Discovered in 2012 by Cobalt International Energy…

Petrobras to Sell Deepwater Assets to BW Energy for Up to $75 Million

Jun 23, 2022

Brazilian oil company Petrobras' management approved on Thursday the sale of its entire stake in the Golfinho and Camarupim deepwater oil fields for up to $75 million to Norway's BW Energy Ltd.The sale is part of Petrobras' strategy to divest assets and focus on more profitable operations…

DOF Subsea Adds $100M+ in Backlog with Petrobras Extension

Jun 22, 2022

Norwegian subsea services company DOF Subsea has secured an extension for its four contracts with Petrobras for subsea inspection works in Brazil.DOF said that the extension would call for at least three vessels operating for 18 months, to the…

First Hydrocarbons Introduced into Coral South FLNG Offshore Mozambique

Jun 18, 2022

Italian oil and gas company Eni said Saturday that the first hydrocarbons had been introduced  from the Coral South reservoir offshore Mozambique into the Coral South FLNG unit.Eni operates the offshore Area 4 where the Coral South FLNG is located…

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