Krishna Godavari Basin News

 

Brava Energia to Sell Potiguar Basin’s Gas Infrastructure to PetroReconcavo

Dec 19, 2024

Brazil's Brava Energia has signed an agreement with PetroReconcavo to sell 50% of its natural gas processing infrastructure in the Potiguar basin for $65 million.As part of the partnership agreement with Brava Energia, PetroReconcavo will buy…

Fifth FPSO for Petrobras’ Mero Field En Route to Brazil (Photos)

Dec 19, 2024

Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has departed in China and is now on its way to Brazil where it will be deployed at Petrobras’ Mero field, in the Santos Basin.The Alexandre de Gusmão FPSO left China on December 16…

Brava Energia Starts Sale Process for 11 Potiguar Basin’s Oil and Gas Concessions

Dec 17, 2024

Brava Energia, formerly 3R Petroleum before the merger with Enauta, has entered into exclusivity agreement with Azevedo e Travassos (A&T) and Petro-Victory Energy (PVE) for the potential sale of oil and gas concessions in the state of Rio Grande do Norte…

SLB Secures Integrated Services Deal for All of Petrobras’ Brazilan Fields

Dec 11, 2024

Following a competitive tender process, energy technology company SLB has secured a new contract with Petrobras for providing integrated services across all of its offshore fields in Brazil.SLB will oversee the construction of more than 100 deepwater wells…

Viridien Concludes Seismic Survey Offshore Malaysia

Dec 10, 2024

Viridien has completed the seismic imaging for the Selat Melaka multi-client 2D seismic program, covering the offshore area of the Langkasuka Basin in Malaysia.The newly available final seismic dataset clearly indicates the presence of a previously unseen Pre-Tertiary fold and thrust belt…

Petrobras Plans Major Investment Cut for Oil and Gas Platforms Decommissioning

Dec 10, 2024

Brazil's state-run oil firm Petrobras cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters…

Petrobras Slashes Platform Decommissioning Budget

Dec 06, 2024

Brazil's state-run oil firm Petrobras PETR4.SA cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters…

Corio Generation Set to Axe Offshore Wind Jobs

Dec 06, 2024

Corio Generation, the UK-based offshore wind developer backed by Australia's Macquarie Group, plans to cut a small number of jobs roles, a company spokesperson told Reuters on Thursday.Ballooning costs due to technical and supply chain problems…

Seatrium to Develop FPSO Digital Twins

Dec 01, 2024

Seatrium and the Technology Centre for Offshore & Marine, Singapore (TCOMS) have agreed to explore cyber-physical modelling capabilities for predicting environmental loads on FPSOs.Following the scaled model testing of the latest series of FPSOs…

Seatrium Dives Deeper into Cyber-Physical Modeling of FPSOs

Nov 28, 2024

Seatrium and the Technology Centre for Offshore & Marine, Singapore (TCOMS) have expanded the research agreement to explore cyber-physical modelling capabilities for predicting the behavior of floating production storage and offloading (FPSO) platforms in high sea states…

Oil India to Lease Seven Drilling Rigs

Nov 26, 2024

State-run explorer Oil India plans to lease up to seven drilling rigs in the next fiscal year starting April, chairman Ranjit Rath said on Tuesday.The company has already deployed over 20 rigs, including one offshore rig, Rath added.Oil India…

TotalEnergies Grows Its Orange Basin Appetite

Nov 26, 2024

TotalEnergies is seeking environmental authorisation to drill up to seven exploration wells in the southern part of its Deep Water Orange Basin (DWOB) block off the west coast of South Africa, documents from environmental consultants SLR showed on Tuesday…

ConocoPhillips Wraps Up $22.5B Marathon Oil Acquisition

Nov 26, 2024

U.S. oil and gas company ConocoPhillips has completed the acquisition of Marathon Oil Corporation in a $22.5 billion takeover deal.The $22.5 billion acquisition was first announced in May 2024 as an all-stock transaction, which includes $5.4 billion of Marathon's debt…

QatarEnergy Boosts Offshore Stakes in Namibia

Nov 24, 2024

QatarEnergy has entered into an agreement with TotalEnergies to acquire additional offshore exploration interests in the Orange Basin off the coast of Namibia, it said on Sunday.The deal includes a 5.25% increase in QatarEnergy's stake in block 2913B and a 4…

TGS Hooks 3D Streamer Contract Offshore India

Nov 20, 2024

Norwegian seismic company TGS has secured a 3D streamer contract for Oil and Gas Natural Corporation (ONGC) in the Mahanadi basin on the East Coast of India.The Ramform Sovereign vessel is scheduled to mobilize for the survey in January 2025…

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