Offshore Engineer Deepwater News

 

Total Ramps Up Mauritania Offshore Assets

Dec 13, 2018

French supermajor Total SA has been awarded two new blocks covering 14,175 square kilometers, offshore Mauritania by the natural resource-rich country's Ministry of Petroleum, Energy and Mines hence boosting the integrated oil and gas company's…

Brazil Reaches Deal with Petrobras Over Transfer of Rights Area

Dec 12, 2018

The Brazilian government has reached an agreement with state-controlled oil company Petróleo Brasileiro SA over the so-called transfer of rights area, Finance Minister Eduardo Guardia said on Wednesday.Guardia declined to disclose values nor who is owed what under the terms of the agreement…

Shell Confirms Oil Leak in Brazilian Waters

Dec 11, 2018

A small amount of crude oil belonging to Royal Dutch Shell Plc leaked during a ship-to-ship oil transfer in Brazilian waters last month, the company confirmed to Reuters on Monday.About 200 milliliters of crude were released on Nov. 30 during the maneuver…

Belov to Build, Operate DSV Duo for Petrobras

Dec 10, 2018

A wave of renewed investment approaching the deep waters offshore Brazil has rekindled demand for new, highly-specialized vessels.Underwater service providers play a major role in maintaining offshore assets by performing diving operations and remotely operated underwater vehicle (ROV) surveys…

Revisions to Petrobras' Investment Plan Likely

Dec 06, 2018

Brazil's right-wing President-elect Jair Bolsonaro is likely to revise the just-announced investment plans of state-controlled oil company Petroleo Brasileiro SA, newspaper O Estado de S. Paulo reported on Thursday, citing an unnamed source…

Cote d'Ivoire Deepwater Development Moves Forward

Dec 06, 2018

Independent crude oil and natural gas producer Canadian Natural Resources (CNR) and its joint venture partner in Cote d'Ivoire, Svenska Petroleum, plan to commence the fourth phase of the development of the deepwater Espoir asset in 2019, on…

Petrobras to Boost Deepwater Spending

Dec 05, 2018

Brazilian state-run oil company Petroleo Brasileiro SA plans to raise some $26.9 billion via asset sales and partnerships by 2023 while boosting investments on the front edge of an anticipated production boom in Brazil.Petrobras intends to make $84…

Maersk Drilling and Seapulse Form Alliance

Dec 05, 2018

Maersk Drilling A/S announced Wednesday that it has signed a Master Alliance Agreement (MAA) with Seapulse Ltd. under which Maersk Drilling will provide fully integrated services, including provision of drilling rigs, related drilling services…

Chevron to Sell Stakes in Azeri Field, Pipeline

Dec 04, 2018

U.S. oil and gas company Chevron has decided to launch the sale of its stake in Azerbaijan's largest oil field as well as the Baku-Tbilisi-Ceyhan (BTC) pipeline, it said in a statement on Tuesday.'Chevron regularly reviews its global portfolio…

Equinor to Start Talks With Tanzania Over LNG project

Dec 04, 2018

Norway's Equinor is ready to start talks with Tanzania on developing a liquefied natural gas (LNG) project based on a deepwater offshore discovery, the company said on Tuesday.Tanzanian President John Magufuli has asked his government to proceed…

Murphy Oil Closes Gulf of Mexico JV

Dec 04, 2018

Murphy Oil Corporation announced  that it has closed its previously announced deal to form a Gulf of Mexico joint venture with Petrobras.The global independent oil and natural gas exploration and production company said in a press release that its wholly owned subsidiary…

BP Names New GoM Platform Argos

Dec 03, 2018

The new floating production unit currently being constructed for the Mad Dog 2 project in the deepwater Gulf of Mexico will be named Argos, U.K. oil major BP announced.BP said the name was chosen by the project team and an employee survey and…

Petrobras May Divest $15 Bln Over Next Few Years

Nov 30, 2018

Brazil's state-controlled oil company Petroleo Brasileiro SA is considering divesting up to $15 billion within the next few years, one person with knowledge of the matter said on Thursday.The total divestment goal has not been approved yet and…

Hardide Coating for Subsea Duties

Nov 28, 2018

The provider of advanced surface coating technology Hardide Coatings has provided a coating solution for a new tool that will save oil and gas operators millions of pounds per year by extending weather windows for drilling operations.According to a press release from the manufacturer of coatings…

High Hopes for Campos Basin

Nov 28, 2018

Although much of the hype surrounding the Brazilian oil and gas market is directed toward the Santos Basin pre-salt, recent and older pre-salt discoveries in existing areas and on recently-awarded blocks within Campos Basin offer significant…

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