⬜ Key Highlights: ▪ HISEP® pioneers a cutting-edge approach to oil and gas separation, enhancing productivity, slashing costs, and reducing emissions, marking a significant step towards sustainable energy development. ▪ The Dorado play in Brazil’s pre-salt basin will serve as the testing ground for this groundbreaking technology, beginning trials in 2028. ▪ Strategic partnership with […]
⬜ Highlights: ▪ Finder secures a 3-year extension for WA-547-P, situated in the highly prolific Dorado play trend, extending exploration opportunities until January 4, 2027. ▪ With three significant prospects identified (Brees, Favre, and Brady), WA-547-P boasts a massive 2U (P50) prospective resource potential of over 500 MMbbl of recoverable oil, igniting excitement in the […]
Petrobras remains committed to transparency and engages with suppliers to optimize bidding conditions. In a move to enhance competitiveness and attractiveness, Petrobras announces the postponement of the proposal submission deadline from February 19, 2024, to June 14, 2024, for the FPSO contracting in the SEAP-I and SEAP-II Projects. ✳ Key Highlights 🔹The SEAP program comprises […]
✳ Key Highlights ◽Floaters Contract Awards: ▪ VALARIS DS-4: Secured a 1,064-day contract with Petrobras in Brazil, valued at approximately $519 million. ▪ VALARIS DS-16: Bagged a two-year contract extension with Anadarko Petroleum Corporation in the U.S. Gulf of Mexico, cementing its position as a trusted partner in the region’s energy frontier. ▪ VALARIS DS-17: […]
Wintershall Dea Mexico has been granted approval by the National Hydrocarbons Commission (Comisión Nacional de Hidrocarburos) for a pivotal 2023-2024 evaluation and work program at the Kan-1EXP discovery, positioned just 20 km off the Tabasco coast in the Southeast Basin Petroleum Province. This initiative marks a significant advancement in Mexico’s oil exploration landscape. ➡Key Highlights: […]
➡ Joint Venture Highlights: ✔TotalEnergies invests $199 million for a 75% stake in the joint venture, underscoring its commitment to innovation in energy exploration. ✔Vantage Drilling retains a 25% interest, bringing its deep offshore drilling expertise to the forefront of this collaboration. ✔Vantage Drilling will operate the Tungsten Explorer for the next 10 years, demonstrating […]
Eni Mexico has received the green light from the National Hydrocarbons Commission (Comisión Nacional de Hidrocarburos) to commence drilling operations in the Sáasil-1EXP shallow water exploratory well. Strategically located in the Gulf’s shallow waters off the Tabasco coast, within the geologically Cuenca Salina del Istmo province. This well follows the successful discovery in the Saasken-1EXP […]
The well encountered 30 meters (98 feet) of high-quality, hydrocarbon-bearing sandstone. It is located approximately 365 kilometers northwest off the coast of Luanda and was drilled in 1,100 meters (3,608 feet) of water by the Valaris Limited DS-9 rig. The Bavuca South-1 well is part of the Angola Block 15 redevelopment project. As […]
The subsea execution phase of the project was led by Dana Petroleum Limited (E&P) and TechnipFMC, which saw the EV-01z horizontal development well (drilled in 2021), tied back to Triton via a subsea production line and umbilical services line. Dana also managed the Triton topsides modifications on behalf of Tailwind. The success of the project […]
The well, located about 189 kilometers offshore Suriname in a water depth of 1,140 meters, was successfully drilled to a total of 5,290 meters. It also encountered light oil in the Campanian-aged sedimentary sequence. Post-drill evaluation is ongoing to firm up the potential of the discovered resource. The discovery at the Baja-1 well is […]
