EIG, an institutional investor in the global energy and infrastructure sectors, has entered into definitive agreements to acquire a Brazilian-based offshore oil and gas solutions provider and the country’s only FPSO operator Ocyan for $390 million…
Marine seismic data company TGS has completed a series of Ocean Bottom Node (OBN) surveys offshore Guyana, setting a record for the longest deepwater node survey campaign.On December 1, 2023, the final node recovery marked the culmination of…
The first hybrid Platform Supply Vessel (PSV), which uses batteries and diesel for propulsion, has started operating for Equinor in Brazil.With the battery bank installed, the PSV is able to operate with hybrid propulsion, switching between the use of electricity and diesel…
A natural gas project to be developed in Venezuelan waters by Shell and Trinidad and Tobago's state firm National Gas Company (NGC) could achieve first output in the next two years if a positive investment decision is made, Trinidad officials said on Friday…
Brazilian state-run oil group Petrobras has started drilling the Pitu Oeste well, which marks the restart of the company's search for oil and gas in the Equatorial Margin.The drilling of the well, in the BM-POT-17 concession, located 53 kilometers off the coast of Rio Grande do Norte…
Offshore drilling contractor Seadrill on Friday announced that Petrobras has awarded 1,064-day fixed-term contracts to each of the West Auriga and the West Polaris in Brazil.The contracts are expected to commence in the fourth quarter of 2024 and represent total contract value of approximately $1…
Seatrium has delivered a floating storage and regasification unit (FSRU) Energos Celsius to New Fortress Energy (NFE), one of the world’s leading LNG project developers.Energos Celsius is owned by Energos Infrastructure, a global marine infrastructure platform backed by Apollo funds and NFE…
Brazilian oil and gas company Enauta has bought FPSO Cidade de Santos platform from MODEC, following the acquisition of the Uruguá and Tambaú fields in Santos Basin.The transaction for the FPSO, capable of processing 350 million cubic feet per day of gas…
Brazil's state-run oil company Petrobras has signed contracts with Enauta for the sale of its entire stake in in the Uruguá and Tambaú fields, located in the Santos Basin.The amount to be received by Petrobras from the operation is up to $35 million…
Offshore drilling contractor Noble Corporation has secured a contract with Petrobras for the semi-submersible rig Noble Discoverer to provide drilling services offshore Colombia.The contract has a firm duration of 400 days, with expected start in Q2 2024…
Malaysian oil company Petronas has signed production sharing contracts for Suriname’s offshore Blocks 64 and 64 with the country’s state-owned Staatsolie Maatschappij Suriname.Petronas Suriname E&P won the blocks, located in the Guyana-Suriname Basin…
QatarEnergy signed two production sharing contracts on Friday relating to two marine areas off the coast of Suriname, rights to which it won during an auction held last June, the company said in a statement.'QatarEnergy will own a 30% working interest in block 64…
Norwegian subsea services firm Reach Subsea, together with its Brazilian partner OceanPact, received a notice of contract award from Equinor for combined light construction, IMR (inspection, maintenance, and repair) and survey services on the Peregrino field offshore Brazil…
Venezuela has begun contacting energy firms involved in an long-idled offshore gas project to push them to begin new exploration and operations near its maritime border with Guyana, five people close to the talks said.The request to act on blocks…
BrasFELS Shipyard, a member of the Seatrium Group, announced it has secured a contract from Offshore Frontier Solutions Pte. Ltd, a MODEC Group company, to undertake parts of the topside modules fabrication of a floating production storage and offloading (FPSO) for the Raia project in Brazil…
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