South America

Deepwater , Seismic

TGS Commences Acquisition on Santos 3D Multiclient Phase 4 Offshore Brazil

TGS, a global provider of energy data and intelligence, said on May 10 it has commenced acquisition on Santos multiclient 3D Phase 4 survey offshore Brazil.

May 10, 2021

Deepwater , Seismic

CGG Bags OBN Imaging Work with Equinor in Brazil

CGG has been awarded a major contract by Equinor on May 10 for the seismic imaging of its Bacalhau 3D ocean bottom node (OBN) survey covering 409 sq km currently being acquired in Brazil’s deepwater Santos Basin.

May 10, 2021

Exploration & Production

Petrobras Signs Contract to Build Seventh Platform in Buzios Field

The platform has the capacity to process 180,000 barrels of oil per day and 7.2 million cubic meters of gas per day, Petrobras said.

May 10, 2021

Field Development

Petrobras Reopens Bidding for Golfinho Oil Fields, Sources Say

Golfinho is one of dozens of legacy production assets that Petrobras is selling to reduce debt and sharpen its focus on the prolific, deepwater presalt formation.

May 5, 2021

Exploration & Production , Natural Gas

Brazil’s Petrobras to Offer Gas Contracts Tied to US Henry Hub Benchmark

Petrobras will start offering contracts backed by the U.S. Henry Hub reference price, in addition to contracts indexed to the international Brent oil benchmark, the company said in a statement.

May 4, 2021

Digital Oilfield , Logistics , Subsea

Baker Hughes Wins Subsea Contract for Petrobras’ Marlim, Voador Fields in Brazil

Baker Hughes has been awarded a subsea oilfield equipment contract on May 3 from Petrobras as part of the Marlim and Voador field revitalization plan in the Campos Basin, offshore Brazil.

May 3, 2021

Drilling

Seadrill Secures Four-Year Contract for West Saturn Drillship with Equinor

Seadrill Ltd. has secured a four year firm contract for the West Saturn drillship on April 27 with Equinor Brasil Energia Ltda for work on the Bacalhau field in Brazil.

April 28, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of April 21, 2021

Here’s a snapshot of recent energy deals including an acquisition by EOG Resources in Australia marking the Houston-based oil and gas producer’s entry into the country plus the closing of Equinor’s $900 million Bakken exit.

April 28, 2021

Discoveries

Exxon Mobil Strikes Oil at Uaru-2 Offshore Guyana

The find pushes the estimated amount of discovered recoverable resources on the Stabroek Block offshore Guyana beyond 9 billion barrels of oil equivalent, Exxon Mobil and partners say.

April 27, 2021

Public Capital , People , Shale Plays

Battalion Oil Chairman William T. Transier to Resign

William T. Transier, who has served as chairman of the board of directors at Battalion Oil since October 2019, submitted his letter of resignation and does not intend to stand for re-election at the upcoming annual meeting.

April 26, 2021