Oil & Gas News

TotalEnergies (40%), along with its Block 20/11 partners, Petronas (40%) and Sonangol (20%), have announced the Final Investment Decision (FID) of the Kaminho project to develop the Cameia and Golfinho fields, located 100 km off the coast of Angola, by 1,700 m water-depth. This FID has been made possible thanks to a close collaboration with the concessionaire Agencia Nacional de Petroleo e Gas (ANPG).

Subsea 7 S.A. announces the award of a super-major1 contract by Petrobras, after winning a competitive tender, for the development of the Búzios 9 field located approximately 180 kilometers off the coast of the state of Rio de Janeiro, Brazil, at 2,000 meters water depth in the pre-salt Santos basin.

Seatrium Limited, a global provider of engineering solutions to the offshore, marine, and energy industries, has won an international tender from Brazil’s National Oil Company, Petróleo Brasileiro S.A. (Petrobras), acting as operator of Atapu1 and Sepia2 consortiums, for the newbuild supply of Floating Production Storage and Offloading vessels (FPSO) platforms P-84 and P-85.

Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., subsidiary of Azule Energy Holdings Limited, an incorporated joint venture between Eni and bp, for the development of the Ndungu Field as part of Agogo Integrated West Hub Project, located approximately 180 km off the coast of Angola. The value of the contract is around 850 million USD.

Odfjell Technology (UK) Limited announces that Equinor (UK) Limited have exercised a 2-year option on the contract for the provision of the full drilling services on Mariner A platform, located approximately 150 kilometers east of the Shetland Islands. This service encompasses managing operations, maintenance, and repairs for both the main rig drilling facility and Intervention Completion Unit, along with providing engineering studies, modifications, and upgrades.

Diamond Offshore Drilling, Inc. announced that it has executed a two-year contract extension with Anadarko Petroleum Corporation, a wholly owned subsidiary of Occidental, in the US Gulf of Mexico for the Ocean BlackHawk, commencing in November 2024 in direct continuation of the rig’s current contract. This contract extension represents approximately $350 million dollars of additional backlog, excluding any managed pressure drilling services, and replaces the one-year priced option that was agreed in May 2023. Anadarko retains three one-year unpriced options.

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