South America
Field Development , Subsea
Petrobras to Hire FPSO Platform from SBM Offshore for Búzios Field
Brazilian oil company Petrobras said it signed a letter of intent on Feb. 24 with Holland’s SBM Offshore to hire a FPSO for the Búzios field in the Santos Basin pre-salt.
Exploration & Production
Petrobras Gets Single Offer from SBM for Mero 4 Oil Platform
Petrobras’ business plan foresees Mero 4 entering operation in 2025 with a capacity to produce 180,000 barrels of oil a day.
Unconventional , Shale Plays
Argentina’s ‘Dead Cow’ Comes Back to Life as Shale Oil Drives Rebound
The revival of the formation signals how it is growing more competitive globally, helped by government policies protecting oil producers, an export tax holiday and reviving global prices.
Exploration & Production
Hess Tapped to Market Guyana Oil as Search for Partner Continues
with no domestic refining nor state oil company, Guyana relies on private companies to market its share of oil.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Feb. 3, 2021
Here’s a snapshot of recent energy deals including a $420 million acquisition in the Midland Basin by Surge Energy plus Tailwater Capital’s acquisition of Tall Oak II, III from EnCap Flatrock Midstream.
Exploration & Production
Petrobras Receives Three Offers for Major Platform Contracts
Petrobras said it had received offers from consortia led by Samsung Heavy Industries Co., Daewoo Heavy Industries & Machinery Ltd. and Keppel Corporation Ltd.
Business , Legislation , Health, Safety & Environment , Technology , Mergers
PATH FORWARD: Leslie Beyer Talks PESA, AESC Merger
Former PESA President Leslie Beyer talks to Hart Energy about the combination of PESA and AESC to form The Energy Workforce & Technology Council.
Highlights , Shale Plays
Best of This Week’s Drilling Activity Highlights (Jan. 29, 2021)
A Haynesville discovery drilled by Aethon Energy in the Carthage Field in San Augustine County, Texas, plus three Arkoma Basin wells completed at a Hughes County drillpad in Oklahoma top this week’s drilling activity highlights from around the world.
Discoveries
Petrobras Finds Hydrocarbons in Campos Basin Presalt Area
Wildcat well BRSA-1377-RJS, also known as Urissanê, found hydrocarbon in reservoirs in the presalt section, Petrobras said in a news release.
Highlights
E&P Plus: January 2021 International Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights from around the world including a new gas condensate find in the Norwegian Sea by ConocoPhillips plus Equinor’s latest oil discoveries offshore Newfoundland, Canada.