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.
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.
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.
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.
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.
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.
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.
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.
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.
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.