Offshore South America News - page 2

 

Brava Energia Restarts Production at Papa-Terra Field

Dec 30, 2024

Brava Energia, formerly 3R Petroleum before the merger with Enauta, has restarted production at Pappa-Terra field assets in the Campos Basin, offshore Brazil.During the production shutdown, significant progress was made in the maintenance and…

Petrobras Hires Seadrill’s Drillship Pair for Brazil Ops

Dec 30, 2024

Petrobras has awarded contracts to Seadrill’s two ultra-deepwater drillships – West Jupiter and West Tellus – for work offshore Brazil.West Jupiter has been hired under a 1,095-day contract, following a competitive tender process. The contract…

Brazil Lifts Ban on Saipem's Business Units

Dec 26, 2024

Saipem SA and Saipem do Brasil have become fully operational with state-owned companies in the Brazilian market following the annulment of the prohibitory sanctions issued by the Federal Court of Brasilia.On December 20, 2024, the Federal District Court of Brasilia…

Petrobras Hires Ventura Offshore’s Drillship for Work Off Brazil

Dec 26, 2024

Offshore drilling firm Ventura Offshore has secured a contract with Petrobras for the deployment of the ultra-deepwater drillship DS Carolina to the Sepia and Atapu fields located in the Santos Basin, offshore Brazil.The contract value is approximately…

Petrobras to Keep Constellation’s Semi-Sub Rig Under $61M Contract Extension

Dec 24, 2024

Offshore drilling contractor Constellation has secured an extension of the current contract for its semi-submersible drilling rig Atlantic Star with Petrobras, worth up to $61 million.The contract extension is for an additional period of up to 301 days…

Petrobras Cancels Sale of Two Santos Basin Fields to Brava Energia’s Enauta

Dec 23, 2024

Brazilian state-run oil and gas company Petrobras has terminated the contract with Brava Energia’s Enauta for the sale of its entire stake in the Uruguá and Tamba fields.Under the contract, signed by the companies in July 2024, Petrobras was to received $35 million for the stake sale…

Occidental Petroleum’s Subsidiary Secures Oil and Gas Permit Off Colombia

Dec 23, 2024

Colombia's national environmental licensing agency (ANLA) on Friday said it has awarded an environmental license to Anadarko Colombia Company, a subsidiary of Occidental Petroleum, to carry out oil and gas exploration in the country's Caribbean waters…

Shearwater to Proceed with 4D Survey for Petrobras in Campos Basin

Dec 23, 2024

Offshore seismic services firm Shearwater Geoservices has been given a go-ahead from Petrobras to start one of the two 4D projects covering the Jubarte and Tartaruga Verde fields in the Campos Basin area.Under the eight-month contract, announced in January 4…

Petrobras Steps Closer to Developing Hydrogen Plant Powered by Renewables

Dec 20, 2024

Petrobras has signed a protocol of intent Companhia Siderúrgica Nacional (CSN) and CSN Inova Soluções, marking a first step towards structuring a business partnership aimed at setting up a low-carbon hydrogen plant on a commercial scale in Brazilian state of Paraná…

ExxonMobil Concludes $535M Liza Destiny FPSO Buy from SBM Offshore

Dec 20, 2024

SBM Offshore and ExxonMobil Guyana, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of floating, production, storage and offloading (FPSO) Liza Destiny, deployed at Stabroek Block, offshore Guyana…

Brava Energia to Sell Potiguar Basin’s Gas Infrastructure to PetroReconcavo

Dec 19, 2024

Brazil's Brava Energia has signed an agreement with PetroReconcavo to sell 50% of its natural gas processing infrastructure in the Potiguar basin for $65 million.As part of the partnership agreement with Brava Energia, PetroReconcavo will buy…

Fifth FPSO for Petrobras’ Mero Field En Route to Brazil (Photos)

Dec 19, 2024

Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has departed in China and is now on its way to Brazil where it will be deployed at Petrobras’ Mero field, in the Santos Basin.The Alexandre de Gusmão FPSO left China on December 16…

Shell to Seek Suriname’s Approval for Four-Well Offshore Drilling Plan

Dec 18, 2024

BG International, a unit of oil major Shell operating in Suriname, plans to submit a plan to the South American country's environmental agency for drilling up to four exploration wells at offshore Block 65, according to a company document seen on Tuesday…

Fugro to Perform Fully Remote Subsea Surveys for Petrobras Off Brazil

Dec 18, 2024

Petrobras has signed a 175-day addendum to Fugro’s current inspection, repair and maintenance services contract, performed by the Fugro Aquarius, to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil.Work will begin in January 2025…

Brava Energia Starts Sale Process for 11 Potiguar Basin’s Oil and Gas Concessions

Dec 17, 2024

Brava Energia, formerly 3R Petroleum before the merger with Enauta, has entered into exclusivity agreement with Azevedo e Travassos (A&T) and Petro-Victory Energy (PVE) for the potential sale of oil and gas concessions in the state of Rio Grande do Norte…

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