Marine geophysical service provider PXGEO on Monday announced it has secured a contract with Brazilian state-owned energy company Petrobras for a 4D Monitor Ocean Bottom Node (OBN) survey in the Santos Basin, Brazil.The survey is to be acquired in water depths up to 2…
Ghana plans to introduce a more flexible oil royalties regime as soon as next year to spur investment and reduce risk for energy companies, the head of the state oil sector regulator said on Thursday.Egbert Faibille Jr, CEO of Ghana's Petroleum Commission…
Petro Services and its main subcontractor, Ocean Installer today announced they have been awarded a contract from TotalEnergies EP Angola and it’s Block 17 partners, to execute an umbilical recovery and reinstallation scope on the Pazflor FPSO…
The Portuguese oil and gas firm Galp has awarded the Dutch company Fugro a contract to conduct an environmental and geophysical survey offshore Namibia. 'Known for its remote location, challenging conditions and ultra-deep water, this site is key to future energy operations in the region…
Mexican state energy company Pemex and U.S. liquefied natural gas (LNG) company New Fortress Energy NFE.O have terminated a deal to develop potentially the country's first deepwater natural gas project that was signed a year ago, two sources with direct knowledge of the matter said…
Oilfield services players Halliburton and Oil States Industries have entered into a strategic collaboration that combines their technologies to provide deepwater managed pressure drilling (MPD) solutions.According to Halliburton, MPD provides…
An appraisal well drilled by a consortium led by Exxon Mobil in Guyana has resulted in a 'significant discovery' of oil and gas, the South American country's energy ministry said on Thursday.The Lancetfish-2 well results mark the fourth offshore discovery in the country this year…
Oilfield services firm TechnipFMC said Tuesday it had won a contract with Australia's Woodside Energy to manufacture flexible pipe for a deepwater oilfield development in Mexico.Under the contract of an undisclosed value, the company will supply…
More than 20 companies including Exxon Mobil, a unit of Saudi Aramco, BP and Shell have submitted bids to compete for a contract to market Guyana's share of oil production, the government said on Tuesday.The 12-month contract, which allows the…
Brazilian state-run oil firm Petrobras said on Monday that its combined crude and natural gas output in the third quarter reached 3.98 million barrels of oil equivalent per day from the projects it operates. The output was almost 8% higher than production during the previous three quarters…
Oil major BP has selected offshore installation contractor Allseas to complete the subsea pipelay scope for its ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal.Allseas will conduct the offshore…
Scana-owned Subseatec has signed a 'sizeable' contract with an unnamed international energy company to deliver steel stress joints for a subsea development in the US Gulf of Mexico (GoM). Subseatec’s scope is a total delivery of steel stress joints in low-alloy steel…
U.S. oil producers ExxonMobil and Hess Corp have withdrawn from exploring the Kaieteur block in Guyana’s deepwaters, Exxon said on Thursday, after disappointing exploration results.The exit comes as the producers focus on their larger and highly productive Stabroek block…
Brazilian oil and gas company Petrobras has awarded a long-term contract for offshore drilling contractor Constellation's semi-submersible drilling rig Alpha Star.According to Constellation, the US$ 392 million contract has a firm duration of 1095 days plus a mutually agreed option…
Offshore drilling company Transocean said Thursday it had secured a three-year contract for the newbuild ultra-deepwater drillship Deepwater Aquila with 'a national oil company' for work offshore Brazil. The contract is expected to start in…
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