Petrobras' new chief executive said a basin in Brazil's Equatorial Margin, an environmentally sensitive offshore prospect seen as the country's most promising frontier for oil exploration, was a matter of 'national interest.'Magda Chambriard…
Petrobras, together with its partners, has made the final investment decision (FID) for the second development phase of Atapu and Sépia fields, located in the prolific pre-salt Santos Basin, offshore Brazil.The Atapu field has been producing…
Oil major BP and U.S. shale producer EOG Resources are in discussions to jointly develop a natural gas field off the coast of Trinidad and Tobago, the British company said.The field holds just under 1 trillion cubic feet (tcf) of natural gas…
Houston-based offshore services firm Helix Energy Solutions is wrapping up the multi-well decommissioning operation for Cooper Energy on the Basker, Manta and Gummy (BMG) fields in the Gippsland Basin, off Australia.According to Cooper Energy…
Brazilian state-run oil firm Petrobras said its board of directors on Friday approved the nomination of Magda Chambriard as the company's new chief executive following the surprise announcement last week.Chambriard, a four-decade industry veteran…
Offshore services firm Subsea7 has secured a ‘sizeable’ contract from oil and gas operator Serica Energy for the for the Belinda field development south-east of the Triton FPSO in the UK North Sea.The contract scope includes project management…
Esgian provides an update on new commitments confirmed for Odfjell Drilling and Borr Drilling rigs and new tender opportunities emerging in Africa in its Week 21 Rig Analytics Market Roundup.Report SummaryContractsEquinor has exercised an option to extend the use of Odfjell Drilling’s 10…
OneSubsea, a joint venture between SLB, Aker Solutions and Subsea 7, has secured a contract from Equinor for work at Troll gas field in the North Sea.The contract, whose value was not disclosed, is for for Phase 3, Stage 2 of Equinor’s North Sea Troll Project…
An Exxon Mobil-led oil consortium will need to decide by October whether it will go ahead and develop a large natural gas find off the coast of Guyana, the country's vice president said on Thursday.The government has been pressing for a bonanza…
Equinor and the Troll partners have decided to invest just over $1.13 billion (NOK 12 billion) to further develop the gas infrastructure in the Troll West gas province, offshore Norway.Equinor said the investment would accelerate production…
China’s state-run China National Offshore Oil Corporation (CNOOC) has through its wholly owned subsidiaries acquired five offshore oil and gas blocks in Mozambique.CNOOC’s subsidiaries have entered into petroleum exploration and production concession…
HSM Offshore Energy, a Dutch EPCIC contractor for offshore energy industry, has entered into a long-term lease agreement with Hollandia, securing additional fabrication facility to meet the growing order book from the offshore renewable energy market…
Oil major BP has paused discussions with Venezuela on the development of a gas project on the maritime border with Trinidad and Tobago following the expiration of a U.S. license to Venezuela in April, a company spokesperson said on Wednesday…
Norwegian energy firm Equinor has made an oil discovery while drilling the well at the Svalin field in the North Sea, using Odfjell Drilling’s Deepsea Aberdeen rig.The oil discovery was made in well 25/11-H-1 H in production license 169. Equinor is the operator of the license…
Offshore drilling contractor ARO Drilling, a joint venture between Aramco and Valaris, has taken delivery and held a naming ceremony for its second jack-up newbuild, the Kingdom 2.The Kingdom 2 jack-up rig was built for ARO Drilling by International Maritime Industries (IMI)…
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