TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract worth over $1 billion by Shell for its Gato do Mato greenfield development offshore Brazil.In addition to integrated execution…
Brazilian state-run oil and gas company Petrobras has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block.The hydrocarbons have been found in the well 1-BRSA-1394-RJS, located 105 km from the state of Rio de Janeiro…
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)…
Offshore accommodation rig provider Floatel International has finalized the sale of semi-submersible accommodation rig Floatel Reliance, which has been in lay-up since April 2016.The firm contract follows the previously announced agreement in…
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…
Australian oil and gas company Woodside Energy has decided not to exercise its option for the farm-in to the PEL 87 block offshore Namibia, operated by Pancontinental Energy’s subsidiary.Pancontinental has received notification from Woodside…
ExxonMobil's Australian unit said on Monday that its Gippsland Basin joint venture with Woodside Energy has approved its final investment decision to develop the Turrum Phase 3 project, targeting underdeveloped gas resources.The approval is for the A$350 million ($221…
Israel awarded licences to BP, Azeri national oil firm Socar and local company NewMed Energy NWMDp.TA on Monday to explore for natural gas in Israeli waters as the country seeks to boost domestic gas reserves and expand exports.In 2023 the trio…
China National Offshore Oil Corporation (CNOOC) has brought on stream two oil and gas projects offshore China, which feature 'intelligent technologies' for improved efficiencies and reduced carbon footprint.The first project, Caofeidian 6-4 Oilfield Comprehensive Adjustment Project…
Petrobras has informed that a Drill Stem Test (DST) in the Sirius-2 well, located in deep waters of the Gujaira Basin offshore Colombia, proved ‘good productivity’.The DST assessed to approximately 100 meters reservoir interval, which demonstrated good productivity…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of Paleozoic buried hills in the Beibu Gulf Basin, identifying ‘vast exploration prospects’ at the site.The…
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…
Africa-focused oil and gas company VAALCO Energy has farmed into the CI-705 block offshore Côte d’Ivoire, becoming the operator of the block with ‘significant prospectivity’.VAALCO will become operator of the block with a 70% working interest…
Brazilian oil and gas firm PRIO, formerly PetroRio, has secured a drilling license from the Brazilian Institute of the Environment and Renewable Natural Resources (IBAMA) for the Wahoo field in the Campos Basin, offshore Brazil’s state Espírito Santo…
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