Offshore South America News - page 5

 

Petrobras and BP Deepen Partnership

Apr 19, 2024

Petrobras and BP have signed Memorandum of Understanding (MoU) to promote cooperation and business opportunities between the companies.Petrobras and BP are partners in exploration blocks in the Exploration & Production segment, including Alto de Cabo Frio Central…

Petrobras and China’s CNCEC to Collaborate on Oil and Gas, Renewables

Apr 18, 2024

Brazil’s state-run energy company Petrobras signed a memorandum of understanding (MoU) with the China National Chemical Energy Company (CNCEC) covering several areas, especially renewable energies and energy transition.The partnership also provides…

Petrobras Sells Two Mothballed Campos Basin Fields to Perenco

Apr 18, 2024

Brazil's state-run oil company Petrobras has agreed the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Brazil's subsidiary of UK-based oil and gas firm Perenco.Production from the two…

Búzios Field Hits 1 Billion Barrels of Oil Production Offshore Brazil

Apr 18, 2024

Petrobras, in a consortium with CNOOC, CNODC, and PPSA, has marked a new milestone with the Búzios field, which has reached 1 billion barrels of oil (bbl) produced since the start of operations in 2018.The milestone was reached on March 31,…

Renewal of Easing of Venezuela Oil Sanctions Linked to Progress on Elections

Apr 16, 2024

The U.S. will not renew a temporary license that widely eased sanctions on Venezuela's oil and gas sector unless progress is made by President Nicolas Maduro on commitments for free and fair elections this year, a State Department spokesperson said on Monday…

Strohm Reels In ExxonMobil’s Third TCP Deal Offshore Guyana

Apr 16, 2024

Thermoplastic composite pipe (TCP) technology company Strohm has secured a contract from ExxonMobil for the supply of pipes for the  Whiptail project, offshore Guyana.This brings the project count for the Netherlands-based manufacturer to three for ExxonMobil Guyana…

TechnipFMC Picks Up ‘Large’ Subsea Contract for ExxonMobil’s Whiptail Off Guyana

Apr 16, 2024

Oilfield services company TechnipFMC has secured a ‘large contract’ from ExxonMobil to supply subsea production systems for the Whiptail development in Guyana’s Stabroek block.TechnipFMC will provide project management, engineering, and manufacturing…

Petrobras Hires SLB for Buzios Field Work Offshore Brazil

Apr 15, 2024

Oilfield services and technology company SLB has been awarded three contracts by Petrobras for completion hardware and services for up to 35 subsea wells in the development of  Buzios Wave II offshore oil field.The scope of the contract includes…

Miko Marine Gets MODEC’s Errea Wittu FPSO Job

Apr 15, 2024

Norwegian company Miko Marine has secured a contract from Offshore Frontier Solutions, a MODEC Group company, for the supply of sea inlet covers for its new floating production storage and offloading (FPSO) Errea Wittu, being built for ExxonMobil…

Saipem Gets Go-Ahead for ExxonMobil’s Guyana Oil Development

Apr 15, 2024

Italian offshore energy services firm Saipem has received authorization to proceed with the execution of works for ExxonMobil’s Whiptail oilfield development project, in the Starbroek block offshore Guyana.The go-ahead from ExxonMobil Guyana…

SBM Offshore Hooks ExxonMobil’s Jaguar FPSO Contract

Apr 12, 2024

SBM Offshore has secured a contract from ExxonMobil to construct and install the Jaguar FPSO for the Whiptail development project located in the Stabroek Block in Guyana.The ownership of the Jaguar FPSO will be transferred to ExxonMobil Guyana…

Brazil Judge Suspends Petrobras Chair Over Conflict of Interest

Apr 12, 2024

A Brazilian judge has suspended the chair of state oil firm Petrobras, Pietro Sampaio Mendes, over a conflict of interest regarding his role in the Ministry of Energy, a court decision seen by Reuters on Thursday showed.The ruling by Sao Paulo…

Enauta Moves Forward with 3R Petroleum Merger

Apr 12, 2024

Enauta has signed a memorandum of understanding (MoU) with 3R Petroleum and Maha Energy regarding the potential transaction involving the integration of Enauta and 3R’s activities, which would create one of the largest oil and gas companies in Latin America…

Petrobras Finds Oil in Ultra-Deep Waters of Potiguar Basin

Apr 11, 2024

Petrobras has discovered an oil accumulation while drilling the Anhangá exploratory well in the ultra-deep waters of the Potiguar Basin, located in the Equatorial Margin.The well, located in the POT-M-762_R15 concession, is the second discovery in the Potiguar Basin in 2024…

BP in Talks to Sell Some Trinidad Upstream Assets to Perenco

Apr 08, 2024

BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco, according to three people familiar with the talks.BP is Trinidad and Tobago's largest natural gas producer with an output of just over 1…

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