News
January 22, 2024
YPF over the past decade has channeled its nationalistic role to successfully spearhead development of Argentina’s Patagonian shale riches, and it is leading plans for pipeline build-outs and liquefied natural gas exports.
News
January 19, 2024
The oil and gas field is located in the Barreirinhas basin in the state of Maranhão, Brazil, and has total proved plus probable ("2P") oil reserves of 1.9 MMboe.
News
January 14, 2024
The FPSO Errea Wittu will have the capacity to store 2 MMboe. It will produce approximately 250,000 bopd and will have gas treatment capacity of 540 MMcfd, and water injection capacity of 350,000 bpd.
News
January 12, 2024
Target depth is approximately 3,800 m with an estimated drilling time of 45 days. The prospect and the adjacent complex of prospects being drilled are covered by good quality 3D seismic data from a survey conducted for Molecular in 2013/14.
News
January 08, 2024
This pilot unit, using a pioneer high pressure subsea separation technology (HISEP), will separate oil from CO2-rich gas at the bottom of the ocean and reinject the gas directly into the reservoir.
News
January 05, 2024
The contract is anticipated to commence late in the fourth quarter 2024, following completion of the rig’s current contract with Petrobras, which is expected to finish in September 2024.
News
January 03, 2024
TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Petrobras to deliver the Mero 3 HISEP project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir.
News
January 02, 2024
The FPSO Sepetiba, also known as Mero-2, has an operational capacity of 12 MMcmg and 180,000 bopd.
News
December 28, 2023
Ocyan has a 23-year track record delivering high-quality maintenance solutions to the offshore oil and gas sector, including the operation of subsea construction and decommissioning projects.
News
December 27, 2023
TGS successfully acquired 2,400 km2 of OBN data within a span of 410 days, concluding the data acquisition process 20 days ahead of schedule.
News
December 27, 2023
The updated reserves and resources incorporate the recently drilled Aruchara-3 well at Maria Conchita, which includes the newly encountered section in zone H4 in addition to zones H1 and H2 and finalized plans for construction of infrastructure at Sinu-9.
News
December 26, 2023
Current oil production from Parque das Conchas is approximately 35,000 boed day from 25 wells connected to the FPSO Espírito Santo. In the first half of 2023, average production was 28,000 boed.
News
December 23, 2023
The drilling of the Pitu Oeste well, located 53 km (33 miles) off the coast of the state of Rio Grande do Norte, is expected take three to five months as Petrobras seeks more geological information about the area.
News
December 22, 2023
Seadrill Limited has clinched significant 1,064-day fixed-term contracts for both the West Auriga and West Polaris through a competitive bidding process led by Petrobras.
News
December 18, 2023
While easing sanctions has opened a path for oil majors to return to Venezuela, President Nicolás Maduro has yet to meet all the terms laid out by the U.S., prompting Biden officials to assess the potential need to reimpose sanctions.
News
December 15, 2023
TotalEnergies, in partnership with QatarEnergy and Petronas, have signed a production sharing contract for Block 64 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil company of Suriname.
News
December 13, 2023
FPSO Atlanta has a production capacity of 50,000 bopd and a maximum offloading storage capacity of 1,251,000 bbl.
News
December 12, 2023
The ANP is offering a total of 602 oil blocks that span areas on land in the Amazon basin to deepwater regions in northeastern and southern Brazil under concession contracts, with minimum signing bonuses totaling 259 million reais ($52 million).
News
December 11, 2023
Oil majors operating in Guyana’s waters are “moving ahead aggressively” with production plans despite Venezuela’s threats to take over the region in an escalating border conflict, according to President Irfaan Ali.
News
December 11, 2023
The border dispute between Venezuela and Guyana is unlikely to escalate into a military conflict despite the growing hostile rhetoric between the South American nations, says Chevron Corp.’s top executive.
News
December 11, 2023
PGS has made available multi-client 2D and 3D data, along with Quantitative Interpretation (QI) products, to facilitate the assessment of farm-in opportunities in Uruguay.
