Offshore South America News - page 7


CRP Subsea Secures 'Major' Contract for Deepwater Oil Field Project in Brazil

Jul 20, 2023

UK-based CRP Subsea has recently won a 'major' contract from an unnamed 'leading energy technology company,' AIS, CRP's parent company, said this week.CRP Subsea will deliver 333 distributed buoyancy modules (DBMs) for a deepwater oil field project located in the pre-salt Santos Basin…

Brazilian Oil Firm Hits 100,000 Barrels Per Day Production Milestone

Jul 18, 2023

Brazilian oil and gas company PRIO said Monday it had exceeded the milestone of 100,000 barrels per day of production, with the startup of production of the ODP5 (“F23P3”) well in the Frade field, offshore Brazil.The well has added stabilized initial production of approximately 8…

Petrobras Eyes Steady Investments in New Five-year Business Plan, CEO says

Jul 17, 2023

Brazil's state-run oil company, Petrobras, will keep total investments in its upcoming 2024-2028 business plan similar to the $78 billion foreseen in its latest five-year plan, CEO Jean Paul Prates told Reuters on Monday.Petrobras is preparing to preview updates to its business plan next month…

Yinson to Acquire Atlanta FPSO, Activating 15-year Charter with Enauta

Jul 14, 2023

Brazilian oil company Enauta said Friday it had received a letter from the Malaysian FPSO company Yinson, notifying the exercise of an option to acquire FPSO Atlanta, through the purchase of all the shares of AFPS B.V., the platform owner company…

Havila Shipping Secures Bareboat Charter Extension for Offshore Vessel in Brazil

Jul 14, 2023

Norwegian offshore support vessel operator Havila Shipping has secured a bareboat charter extension for its Havila Harmony vessel.Brazil's offshore service firm OceanPact has declared the option for one-year extension of the bareboat agreement on the Havila Harmony…

U.S. Probing Exxon Contractor in Guyana for Smuggling Drugs, Gold

Jul 14, 2023

U.S. government officials repeatedly warned Exxon Mobil to avoid doing business with two mining magnates in Guyana, who face a U.S. investigation on suspicions of money laundering, drug trafficking and gold smuggling, according to five people…

World Court Backs Colombia in Maritime Border Dispute with Nicaragua

Jul 14, 2023

The World Court on Thursday rejected a lawsuit by Nicaragua seeking to define and expand its deep sea economic rights beyond those previously established in a long-running maritime border dispute over a trio of Caribbean islands with Colombia…

Weatherford Bags 5-year Intervention Services Deal with Brazil's Petrobras

Jul 13, 2023

Texas-based oilfield services company Weatherford has won a five-year contract to provide Intervention Services for Petróleo Brasileiro S.A. ('Petrobras') in Brazil.'Weatherford has performed Intervention Services in Brazil for more than 20…

Petrobras Makes History, Sells First FPSO for Green Recycling in Brazil

Jul 11, 2023

In a first, Brazilian oil company Petrobras last week reportedly sold the P-32 FPSO for sustainable recycling in Brazil, paving the way for the development of the local ship recycling industry.The sale of the floating unit P-32 reportedly took place on July 7…

Noble Drilling Semi-sub Secures $43M Offshore Drilling Contract in Suriname

Jul 07, 2023

Malaysian national oil firm Petronas has awarded a 90-day contract for Noble Corporation's semi-submersible deepwater rig Noble Discoverer.Petronas will use the Noble Discoverer to drill an exploration well in Block 52 offshore Suriname, where it is the operator with a 50% stake…

Trinidad and Tobago, Suriname Sign Preliminary Energy Agreement

Jul 07, 2023

- Suriname said on Thursday it signed a memorandum of understanding with Trinidad and Tobago that aims to increase energy cooperation, and people familiar with the matter said it could lead to natural gas from Suriname being piped to Trinidad and Tobago…

Petrobras Partners with SLB to Drive Efficiency and Accelerate Decision Making with Cloud-Based Technology

Jul 06, 2023

Oilfield services giant SLB, previously known as Schlumberger, said Thursday it had won a five-year contract with the Brazilian oil company Petrobras for an enterprise-wide deployment of its Delfi digital platform. The contract scope covers Petrobras’ digital transformation from exploration…

Guyana's Environmental Regulator Okays 35 New Oil Wells

Jul 05, 2023

Guyana's environmental regulator on Wednesday granted an Exxon Mobil-led consortium approval to drill 35 new offshore exploration and appraisal wells as the group looks to expand its production successes in the South American country.The wells will be drilled within the group's 6…

Saipem Secures $1B in New Contracts for Offshore Activities in Middle East and Subsea Drone Project in Brazil

Jun 29, 2023

Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. The total value of the new contracts is approximately $1 billion.Under the existing Long-Term Agreement (LTA) with Saudi Aramco…

ModuSpec to Help Reactivate Stranded Newbuild Jack-up Rig for Latin America Contract

Jun 28, 2023

Offshore drilling rig service and inspection firm ModuSpec has won a contract to support the intake of a stranded new-build jack-up drilling rig.The jack-up was originally constructed in 2020 in Singapore and has remained stranded in the construction…

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