ExxonMobil's Jabillo-1 offshore well in Guyana's Canje Block has reached the planned target depth, however, without finding evidence of commercial hydrocarbons, Exxon's partners in the block said Monday.The Jabillo-1, drilled by the Stena Carron drillship will now be plugged and abandoned…
Norway's BW Energy Ltd and Brazil's DBO Energy have submitted binding offers for Petrobras' Golfinho offshore oilfields, two sources with knowledge of the matter told Reuters.Petroleo Brasileiro SA, as Brazil's state-run oil company is formally known…
TechnipFMC said on Tuesday it has been awarded a subsea contract by Petrobras for the Búzios 6-9 fields, located in the deepwater Santos basin offshore Brazil.TechnipFMC, which called the award is 'substantial', worth between $250 million and $500 million…
UK-based engineering firm John Wood Group, also known as Wood, on Monday said it had reached agreements with authorities in the UK, Brazil, and the U.S. to resolve their respective bribery and corruption investigations into the past use of third parties in the legacy Amec Foster Wheeler business…
Brazilian oil company Enauta said Monday it had completed the transfer of a 50% stake in the Atlanta offshore field, previously held by Barra Energia. Enauta in April said it had received regulatory approval to take full ownership of the Atlanta offshore oil field in Brazil…
Oil and gas company Eco Atlantic has agreed to acquire a stake in JHI Associates, which owns a share in the Canje block, offshore Guyana, where ExxonMobil is drilling for oil.Eco will acquire up to a 10% interest in JHI and appoint Keith Hill…
Norwegian offshore seismic surveyor PGS has been awarded a 4D seismic acquisition contract by ExxonMobil for work offshore Guyana.PGS will deploy a Titan class seismic acquisition vessel in the fourth quarter of 2021 with the acquisition slated for completion in the first quarter of 2022…
Brazilian oil company Petrobras said Friday it had received the third and final installment from TechnipFMC-affiliated companies as part of a leniency agreement struck in 2019 to resolve anti-corruption investigations in Brazil.Petrobras said…
Brazilian state-run oil firm Petroleo Brasileiro SA said on Friday that its Chinese partners in the Buzios pre-salt oil field will have to pay it $2.94 billion for its prior investment in exploration under the TOR rights to surplus oil found there…
Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil…
Brazilian oil firm Petrobras is set to kick off the first of the two seismic acquisitions of the Sapinhoá field monitoring project, in the pre-salt of the Santos Basin, offshore Brazil.'Seismic acquisition is an important tool for managing the deposit (reservoirs) and optimizing production systems…
U.S. oil major ExxonMobil said Wednesday it had made another oil discovery in the Stabroek block offshore Guyana, this time at the Longtail-3 well.'Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified…
Norway's Aker Solutions has signed 'a large' framework agreement with Petrobras to provide subsea lifecycle services for Petrobras-operated oil and gas fields offshore Brazil. The agreement has a fixed period of three years and includes an option to extend the contract for two additional years…
Italian offshore energy services company Saipem has inaugurated its new facility at the port of Georgetown, Guyana, to support its offshore oil and gas installation activities in the country.'The Saipem Guyana Offshore Construction Facility…
U.S. oil major ExxonMobil is resuming operations at the Canje Block offshore Guyana with the drilling of the billion-barrel prospect Jabillo-1, using the Stena Carron Drillship.The news was shared by Westmount Energy, a company that owns a stake in one of ExxonMobil's Canje block partners…