Offshore South America News - page 5

 

QatarEnergy Signs Production Sharing Deals for Blocks Offshore Suriname

Dec 15, 2023

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…

Reach Subsea, OceanPact Awarded Work for Equinor in Brazil

Dec 12, 2023

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 Prods Majors to Revive Offshore Gas Project

Dec 11, 2023

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…

Seatrium to Build FPSO Topside Modules for MODEC

Dec 06, 2023

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…

Colombia Launches First Bidding Round for Offshore Wind Power Concessions

Dec 05, 2023

Colombia on Tuesday officially launched its first bidding round for offshore wind energy concessions, part of efforts by its first leftist government to wean it off oil and gas production.Energy minister Andres Camacho announced the conditions from Dubai…

PXGEO Bags 4D OBN Project in Brazil

Dec 04, 2023

Marine geophysical service provider PXGEO on Monday announced it has secured a contract with Brazilian state-owned energy company Petrobras for a 4D Monitor Ocean Bottom Node (OBN) survey in the Santos Basin, Brazil.The survey is to be acquired in water depths up to 2…

Brazil to Join OPEC+ But Won't Cap Oil Output, Petrobras CEO Says

Dec 01, 2023

Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output caps, the chief executive of state-run oil firm Petrobras PETR4.SA told Reuters.The group's surprising…

Brazil Agency to Rule if Petrobras Can Drill Near Amazon Mouth by Early 2024

Nov 22, 2023

Brazil's environment protection agency Ibama is expected to decide by early next year if state-run oil company Petrobras PETR4.SA can drill near the mouth of the Amazon River, Ibama's president Rodrigo Agostinho said on Wednesday.The area is part of Brazil's Equatorial Margin…

Shearwater, Petrobras Team Up to 'Reshape' Seismic Exploration

Nov 22, 2023

Brazilian oil company Petrobras and Norwegian marine seismic services firm Shearwater have entered into a collaborative technology agreement aiming to reshape seismic exploration and field developments.This multi-year strategic partnership is…

BW Energy Finalizes Takeover of FPSO from Saipem

Nov 21, 2023

Oslo-listed oil and gas company BW Energy said Tuesday it had completed the acquisition of the FPSO Cidade de Vitoria from Saipem.The FPSO is currently producing approximately 10,000 barrels per day of oil from the Golfinho field offshore Brazil…

Shell Selects Subsea 7 for Decommissioning Project Offshore Brazil

Nov 20, 2023

Subsea 7 said Monday it had secured a sizable contract from Shell for the decommissioning of subsea infrastructure associated with the FPSO Fluminense offshore Brazil.The FPSO is located at the Bijupirá and Salema fields of the Campos Basin…

Venezuela Close to Approving Offshore Gas License with Trinidad, Shell

Nov 20, 2023

Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country, two people close to the matter said…

Lula Asks Petrobras to Tweak Investment Plan

Nov 17, 2023

Brazil's leftist President Luiz Inacio Lula da Silva pressed the head of state-run oil firm Petrobras, Jean Paul Prates, to modify the company's 2024-2028 investment plan to prioritize local job creation, five sources told Reuters.Lula's requests…

PRIO Concludes Sale of Interest in Manati Field Offshore Brazil

Nov 17, 2023

Brazilian oil and gas company PRIO said Friday it had received the payment regarding the conclusion of the sale of its 10% interest in the Manati field offshore Brazil to Gas Bridge Storage. The Manati Field, located in the Camamu Basin, on the coast of Bahia…

MODEC Hits Milestone: First Steel Cut in China for Guyana-Bound FPSO Errea Wittu

Nov 16, 2023

Japanese FPSO leasing firm MODEC said Thursday that the first steel-cutting ceremony for the Guyana-bound FPSO Errea Wittu had been held in China.MODEC secured its first order to supply an FPSO to Guyana in May 2023. The order came from an ExxonMobil…

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