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Angola sees over $1 billion of interest in recent bid round

July 16, 2021
| Archives

Angola’s oil and gas regulator, the National Oil, Gas and Biofuel’s Agency (ANPG) achieved an important milestone earlier this week, when it opened bids for its 2020 onshore licensing round. All of the nine oil and gas onshore blocks in the Lower Congo and Kwanza basins received bids from a variety of oil and gas operators. Forty-five

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Woodside readies Diamond’s BlackRhino for work offshore Senegal

July 16, 2021
| Archives

Australia’s Woodside Energy announced it plans to begin the drilling campaign this week for the Sangomar Field Development Phase 1 offshore Senegal. Woodside Acting CEO Meg O’Neill said the start of drilling marked a milestone towards the delivery of Sangomar Field Development Phase 1. “We are pleased to announce the launch of these operations, which brings the realization

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Petronas gears up for Bacalar-1 spud in Gulf of Mexico

July 16, 2021
| Archives

Petroliam Nasional Bhd's (Petronas) operating unit PC Carigali Mexico Operations S.A. de C.V. is reported to be preparing for the initial drilling of Mexico's offshore Bacalar-1EXP oil and gas exploration well under a project which Petronas owns a 60% stake. According to Petronas' joint venture (JV) partner PT Medco Energi Internasional Tbk's latest monthly exploration report, PC Carigali

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AEC: If you Boycott Africa Oil & Gas Sector, Africa will Boycott you

July 14, 2021
| Archives

With the international community pushing for a rapid decrease in carbon emissions due to climate change, there has been a significant decline in foreign investment directed towards the African energy sector. The global climate crisis remains a critical point of discussion and should remain at the top of the agenda with regards to energy development, however, as

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Etesco drillship awarded 3 year extension from Petrobras

July 14, 2021
| Archives

After extending the charter period for the Petrobras 10.000 drillship, Petrobras extended the contract for the drillship Etesco Takatsugu J with Etesco for another three years. The deadline, which would expire in April 2022, was extended until April 2025. The rig’s daily rate during this extension period will be reduced to around US$ 230,000. Initially, Etesco Takatsugo J

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Ocyan lands PetroRio contract

July 14, 2021
| Archives

Petro Rio informed its shareholders and the market in general that it has signed with Ocyan Drilling S.A. a contract to hire the NORBE VI drilling rig for the Frade Field Revitalization Campaign and the Wahoo Field development.  The contract will begin in March 2022 and will enable the drilling of 3 wells in the Frade Field (1

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Fuelsave signs advanced combustion tech contract with Seadrill

July 14, 2021
| Archives

Germany-based “cleantech” provider FUELSAVE has signed a contract with offshore drilling company Seadrill to deploy its advanced combustion conditioning technology on Seadrill’s drillship. The technology promises to reduce primary fuel oil consumption and cut Co2 and GHG emissions from the rig. Seadrill’s 6th generation West Saturn drillship will be fitted with FUELSAVE’s solution FS MARINE+, which, according to FUELSAVE

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Frontera and CGX eye Q3 spud in offshore Guyana with Maersk Discoverer

July 13, 2021
| Archives

Frontera Energy, the majority shareholder of CGX Energy and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana, has announced an update on the activities related to the Corentyne block. Exploration: The Kawa-1 well, the Joint Venture's commitment well on the Corentyne block, is expected to be spud between August 1-15 and reach total depth in approx.

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Brazils Ocyan continues with fully booked fleet

July 13, 2021
| Archives

Norbe IX, one of Ocyan’s five deepwater drilling rigs, was rehired by Petrobras for a period of 1095 days. The new charter and services contract is scheduled for the first quarter of 2022, a few months after the end of the current contract between Norbe IX and Petrobras, which lasted for ten years. The entire Ocyan fleet,

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Chevron eyes permanent shutdown of Pasadena, Texas FCC refinery

July 13, 2021
| Archives

Chevron Corp is considering permanently closing the gasoline-producing fluidic catalytic cracker (FCC) at its 112,229 barrel-per-day (bpd) Pasadena, Texas refinery as part of a possible reconfiguration of the plant, said sources familiar with the company’s deliberations. Idling the shut 52,000-bpd FCC would be part of converting the refinery on the Houston Ship Channel to a simpler hydroskimming configuration, the

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