Latin America Offshore Regional Report

Latin America Offshore Oil & Gas News

Prosafe nets accommodation contract extensions offshore Mexico

Prosafe says its five accommodation vessels operating in Mexican waters had a utilization rate of 93% during 1Q 2015.

Premier suspends Isobel Deep well off Falklands

Operator Premier Oil has suspended operations on the (Isobel Deep well offshore the Falkland Islands following a problem detected on the drilling rig’s BOP, according to partner Falkland Oil and Ga...

Schlumberger acquires interest in Spectrum's Pelotas seismic survey

Spectrum has entered into a cooperation agreement with Schlumberger to acquire 50% ownership in Spectrum's Pelotas multi-client program offshore Brazil.

Drilling & Completion

Premier suspends Isobel Deep well off Falklands

Operator Premier Oil has suspended operations on the (Isobel Deep well offshore the Falkland Islands following a problem detected on the drilling rig’s BOP, according to partner Falkland Oil and Ga...

Albacora well offshore Peru comes up dry

The Albacora A-22D well offshore Peru in block Z-1 has found no oil shows in three target zones. 

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.

Field Development

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.

Seaway Heavy Lifting to install Perla platforms offshore Venezuela

The Cardon IV joint venture of Eni and Repsol has contracted Seaway Heavy Lifting to install the gas production platforms for the Perla project offshore Venezuela.

Second Falklands exploratory well under way

The semisubmersible Eirik Raude has spudded the 14/20-1 Isobel Deep exploration well on license PL004a in the offshore North Falkland basin.

Subsea

First SLWR riser deployed for Santos basin well

Petrobras set a new record last month for production from fields in the pre-salt layer of the Santos and Campos basins.

Subsea 7 wins offshore Brazil flex-lay extension

Petrobras has awarded Subsea 7 a two-year, $200-million contract to install flexible lines for various projects offshore Brazil.

QGEP contracts McDermott for SURF on deepwater Atlanta early production system

McDermott International Inc. (NYSE:MDR) and a consortium partner have won the SURF engineering, product supply, and installation scope for the Atlanta early production system in the Santos basin of...

Geology & Geophysics

Schlumberger acquires interest in Spectrum's Pelotas seismic survey

Spectrum has entered into a cooperation agreement with Schlumberger to acquire 50% ownership in Spectrum's Pelotas multi-client program offshore Brazil.

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.

Logs indicate oil and gas in Echidna well offshore Brazil

Karoon Gas Australia has discovered oil in the Echidna structure in the Santos basin offshore Brazil.

Pipeline & Transportation

Subsea 7 wins offshore Brazil flex-lay extension

Petrobras has awarded Subsea 7 a two-year, $200-million contract to install flexible lines for various projects offshore Brazil.

QGEP contracts McDermott for SURF on deepwater Atlanta early production system

McDermott International Inc. (NYSE:MDR) and a consortium partner have won the SURF engineering, product supply, and installation scope for the Atlanta early production system in the Santos basin of...

Core Grouting completes Trinidad and Tobago subsea pipeline rectification

Core Grouting Services, an Acteon group company, has completed a pipeline free-span rectification project in Trinidad and Tobago. 

Production

First SLWR riser deployed for Santos basin well

Petrobras set a new record last month for production from fields in the pre-salt layer of the Santos and Campos basins.

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.

ANP shuts down Petrobras’ P-58 FPSO

The Brazilian government’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) halted operations at Petrobras’ P-58 FPSO following an inspection that raised safety questions.

Rigs/Vessels

Prosafe nets accommodation contract extensions offshore Mexico

Prosafe says its five accommodation vessels operating in Mexican waters had a utilization rate of 93% during 1Q 2015.

Offshore rig count rises

The Baker Hughes US offshore rig count is 34, up one from last count but still 20 lower than a year before.

KrisEnergy gears up to spud Rayrai exploratory well in Gulf of Thailand

KrisEnergy has announced that the Key Gibraltar jackup has commenced drilling of the Rayrai-1 exploratory well in block G10/48 in the Gulf of Thailand.