Deepwater Oil Drilling: Latin America

ExxonMobil finds oil in deepwater off Guyana

Exxon Mobil Corp. (NYSE:XOM) has made a significant oil discovery on the Stabroek block about 120 mi (193 km) offshore Guyana. 

Borders & Southern tracks oil, gas condensate potential offshore Falklands

Borders & Southern has issued a technical update on its Darwin gas/condensate discovery south of the Falkland Islands and near-field prospectivity.

Petrobras reports another presalt production record

Petróleo Brasileiro S.A (Petrobras) has reported its presalt production from the offshore Santos and Campos basins has set a new daily production record of 800,000 b/d.

Proserv starts delivery of subsea controls to Brazil

Proserv has completed the first phase of its $40-million contract to provide subsea controls in Brazil. 

New CEO navigates company through sea of change

The current down cycle in the oil and gas industry offers a period of time for many companies to reassess their portfolios. Many believe that capex growth will continue to be impacted in the low oil price environment, coupled with building oversupply and the lack of rig demand.

Ultra-deepwater to capture most of Brazil's offshore capex

Brazil's forecast capex over the next five years on ultra-deepwater developments (1,499 m/4,917 m or 1,500 ft/16,132 ft) is expected to constitute 84% of the 2015-2019 offshore spending.

Petrobras confirms oil find in ultra-deep Brazilian waters

Petrobras has confirmed an ultra-deepwater light-oil find at well 3-BRSA-1296-SES in the Sergipe basin concession BM-SEAL-10.

Lankhorst delivers moorings to SOFEC for deepwater Brazil FPSO

Lankhorst Euronete Brazil has completed delivery of polyester mooring lines and thimbles for the FPSO Cidade de Itaguai MV26 in the Santos basin offshore Brazil, under a contract with SOFEC Inc.  

Petrobras completes ultra-deepwater Farfan extension well test

Formation testing at Petrobras’ well 3-BRSA-1286-SES in the BM-SEAL-11 concession of the Sergipe-Alagoas basin has confirmed two light oil and gas formations.

Trio agree on charter arrangement for Petrobras FPSO

MODEC, Mitsui and Marubeni have committed to invest in a long-term charter business to provide an FPSO for Petrobras’ Tartaruga Verde and Tartaruga Mestiça oil fields offshore southeast Brazil.

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Falling oil prices and the offshore oil and gas industry: assessing the state of the market

The precipitous decline in oil prices has brought many areas of the oil and gas industry to a standstill. Yet while some sectors are feeling the pi...
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Standardization of Offshore Production Systems

The EPC strategy and an update on the construction of the eight units will be presented as well as an overview of future opportunities.

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Frac Smarter with Hydrocarbon Tracers

Water, Oil & Gas phase tracers applied during the hydraulic stimulation can tell you how your wellbore is producing.

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Offshore Top 5 Projects - 2014

The editors of Offshore have made their choices for the winners of the Five Star Award – the top five offshore field development projects for 2014....
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