Oil & Gas Production: Latin America

GLOBAL E&P

Shell aimed to re-start exploration drilling offshore Alaska last month, assuming sea ice had cleared.

SBM receives contract extension for Yetagun storage vessel

SBM Offshore has received notification of a three-year extension of its contract to operate the FSO Yetagun offshore Myanmar.

Peregrino reaches production milestone offshore Brazil

Statoil has produced the 100 millionth barrel of oil from the Peregrino field in the Campos basin offshore Brazil.

Second floater goes online at Iracema North offshore Brazil

The Cidade de Itaguaí FPSO has started production on the Iracema North area of the Lula field in the Santos basin block BM-S-11. 

Brazil group files Iara area development plans

BG says the Petrobras-led BM-S-11 consortium has submitted initial field development plans for the Atapú, Sururu, and Berbigão areas in the deepwater Santos basin offshore Brazil.

TEN on target for mid-2016 start-up offshore Ghana

Tullow Oil says its three-field TEN development project offshore Ghana is around 65% complete and on schedule for first oil in mid-2016.

SBM Offshore secures financing for Cidade de Saquarema

SBM Offshore has finalized project financing of FPSO Cidade de Saquarema for a total of $1.55 billion

FLNG capex to reach $58.3 billion to 2021

Capex for FLNG vessels is estimated by Douglas-Westwood to reach $35.5 billion during 2015-2021.

GLOBAL E&P

Oil and gas production from the world's deepwater fields will grow by 7.7% annually over the next seven years according to analyst Douglas Westwood, reaching 10.2 MMboe/d in 2021.

Sea Trucks to support Saipem FPSO modifications in Brazil

Sea Trucks Group has won its first contract in Brazil. Sea Trucks will provide accommodation support services to Saipem including lifting operations, storage support, and logistic support for modifications of an FPSO.

Webcasts

Assessing Mexico’s new offshore oil & gas exploration opportunities

When Mexico’s historic energy reform legislation became law on Dec. 21, 2013, it opened the country to foreign investment in its oil and gas sector...

Anadarko’s decommissioning of the first-ever cell spar in the Gulf of Mexico

The Red Hawk spar made history throughout its design life, commissioned and decommissioned as the first of its kind. Heralded as the first cell spa...

Offshore Design Optioneering using Cloud Computing

Cloud computing opens up to offshore engineering teams the opportunity to take advantage of almost unlimited computing power and data storage capab...

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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