Offshore South America News - page 3

 

Subsea 7's Seven Cruzeiro Vessel to Continue Operating Offshore Brazil until November 2023

Feb 24, 2023

Offshore installation services company Subsea 7 said Friday it had won a 'sizable' vessel contract with the Brazilian oil company Petrobras.The contract is for the 145.9m pipelay support vessel (PLSV) Seven Cruzeiro off the coast of Brazil.…

Trinidad to Start Talks for Gas Deal with Venezuela in March

Feb 24, 2023

Trinidad and Tobago next month expects to formally begin negotiations with Venezuela on a promising offshore natural gas project, the Caribbean nation's energy minister said on Thursday.A deal would help revive the nation's gas production, which…

Guyana's Offshore Oil Potential Draws Attention from Indian Firms

Feb 22, 2023

Guyana is working with the Indian government on awarding oil and gas exploration blocks to Indian companies, Vice President Bharrat Jagdeo said on Wednesday.The South American nation, home to one of the largest oil discoveries of the last decade…

Brazil: Enauta's FPSO Petrojarl I Undergoing Maintenance

Feb 22, 2023

Brazilian oil company Enauta said Wednesday that the water-cooling system of the FPSO Petrojarl I entered preventive maintenance. The FPSO is used as an early production system at Enauta's Atlanta field.'The maintenance interruption should last until the beginning of the next week…

DOF Subsea to Provide Support for 'Major' SURF Project in Brazil

Feb 22, 2023

DOF Subsea Brasil, a subsidiary of Norwegian offshore support vessel firm DOF, has secured a charter for its ROV support vessel, Geoholm. DOF said that the 85.7-meter-long vessel and its ROV would be used for a 'major' subsea umbilical, riser…

DOF Subsea's Flagship Vessel Wins More Work

Feb 21, 2023

Norwegian subsea services company DOF Subsea has secured more work for its Skandi Africa vessel.The client, which DOF Subsea did not name, has exercised an extension option for the subsea service vessel, with the new commitment now running until February 2025…

Guyana to Monitor Offshore Drilling Rigs, Potential Oil Spills from Space

Feb 21, 2023

Maxar Technologies, a provider of space solutions and geospatial intelligence, has secured a three-year contract with the government of Guyana, for the provision of environmental monitoring services for both offshore and terrestrial applications…

Brazil: Karoon to Drill Second Neon Control Well, after First Well Shows Encouraging Results

Feb 21, 2023

Australian oil and gas company Karoon Energy has elected to drill the second control well at the Neon discovery offshore Brazil, after the first control well, Neon-1, confirmed the presence of 25 meters of net oil-bearing pay.Neon-1 and Neon…

Petrobras Names New CFO

Feb 20, 2023

Brazilian state-run oil company Petrobras said on Friday its Chief Executive Officer Jean Paul Prates has appointed Sergio Caetano Leite to be the company's chief financial officer. Reuters had previously reported that Leite, Prates' business partner…

Guyana Aims to Reclaim 20% of Stabroek Block from ExxonMobil

Feb 17, 2023

Guyana Vice President Bharrat Jagdeo told Reuters the country plans to take back 20% of the giant Stabroek oil block that has been responsible for a series of massive discoveries from a consortium led by Exxon Mobil Corp., and remarket it by next year…

Guyana's Shore Base Project Could Cut Shipping Costs by About 12%

Feb 16, 2023

Companies working on a $300 million logistics facility in Guyana that will support offshore oil operations said on Wednesday the shore base will help reduce shipping costs for supplies by as much as 12% by allowing larger supply vessels to dock…

Offshore Oil Hot-spot Guyana Sees Potential for Lucrative Carbon-offset Business

Feb 15, 2023

Guyana, which has jumped into the forefront of offshore oil exploration, is using its inland forests to tap carbon markets, in a business the government sees as more profitable than using the acreage for mining or agriculture, Vice President Bharrat Jagdeo said on Wednesday…

Aker Solutions Cyberattack: Digital Files Encrypted and Data Access Locked

Feb 15, 2023

Aker Solutions said Tuesday evening that its subsidiary CSE in Brazil had become the victim of a cyberattack that had impacted its IT systems. 'Aker Solutions is working to contain and neutralize the attack, but does not yet know the full extent of the situation…

Guyana to Complete New Oil Contract Model by Q2 as Offshore Auction Looms

Feb 15, 2023

Guyana expects to finalize a new oil production-sharing agreement model on time for an auction that will collect bids through mid-April, the country's vice president told an energy conference on Tuesday. The South American country has emerged…

Guyana's Oil Conference Starts as Exxon Mulls Adding More Offshore Blocks

Feb 14, 2023

As oil industry officials from around the world descend on Guyana for a conference to showcase its potential as an oil power, the biggest player in its oil boom still has decisions to make on its future in the South American country.Liam Mallon…

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