Malaysia's Sapura Energy has, through a joint venture company, secured a charter extension with Brazil's Petrobras for the pipelaying support vessel (“PLSV”) Sapura Esmeralda. The contract is worth around RM580 million (around $130 million)…
ExxonMobil has hired Acorn International, an environmental and risk management consultancy with offices in Boston and Houston, to perform an Environmental Impact Assessment (EIA) and lead the public consultation program for the Uaru Project…
Following a planned downtime, Brazilian oil company Enauta is set to resume production from its Atlanta oil field in the Santos Basin, offshore Brazil.The company said that the Atlanta Field’s scheduled downtime is expected to be concluded over the upcoming days…
Dutch FPSO leasing specialist SBM Offshore has ordered its latest Fast4Ward multi-purpose floater hull as it marked a new record level order book at $31.1 billion. The latest Fast4Ward floating production unit (FPU) is expected to be delivered in 2024…
Petrobras has completed the sale of all its stakes in the producing fields of Peroá and Cangoá, and in the BM-ES-21 concession (Malombe Discovery Evaluation Plan) jointly called Peroá Cluster, located in the Espírito Santo Basin to the company 3R Petroleum Offshore…
KOTUG's subsidiary KOTUG Guyana has been awarded a second contract by ExxonMobil affiliate Esso Exploration and Production Guyana to support operations in Guyana. KOTUG’s latest addition, the 120 tonnes bollard pull strong SD Honour, will join…
Tullow Oil said on Friday it would abandon drilling operations at Beebei-Potaro exploration well in offshore Guyana after results showed the well bore water.The group, which holds 37.5% of the Kanuku block where the well lies, said it would…
Brazil's state-controlled oil company Petrobras will distribute at least twice as much as the biggest international oil producers in second quarter dividends, boosting the government's coffers amid a tense presidential campaign.The five biggest Western oil producers - Exxon Mobil Corp…
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…
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…
Mexican state oil company Pemex expects to post a rare annual profit this year, with two consecutive quarters already in the black and a boost to crude output from new fields, Chief Executive Octavio Romero told Reuters.If achieved, it will be Pemex's first annual profit in more than a decade…
Petrobras has approved a record dividend payout of 87.8 billion reais ($17 billion), Brazil's state-run oil company said on Thursday, a move that will boost the government's coffers heading into a tense election.In a securities filing, Petroleo Brasileiro SA…
Tanker shipping company AET on Thursday named its newest vessel, Eagle Crato, the final of three Suezmax Dynamic Positioning (DP2) shuttle tankers purpose-built for long-term charter to Petróleo Brasileiro S.A. – Petrobras, based on the agreement signed in February 2020…
Semi-submersible accommodation vessels owner and operator Prosafe said BP Trinidad and Tobago LLC (‘bpTT’) has exercised all four weeks of options for the Safe Concordia to continue providing gangway connected operations through September 2022 at Cassia C offshore Trinidad…
Norwegian shipowner Siem Offshore said it has secured contract extensions for two of its platform supply vessels (PSV) working for TotalEnergies offshore Brazil.Total E&P do Brazil has declared the first of two options for the PSVs Siem Atlas and Siem Giant…
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