Page 17 - LatAmOil Week 34

LatAmOil NEWS IN BRIEF LatAmOil

UPSTREAM a team of local, highly skilled personnel, all ROV
services will be available to Petrobras around-
Interoil granted extension the-clock to maximise work capacity and ensure
operational efficiency.
of LLA-47 and Altair Fugro’s IRM capacity in Brazil, helping us cap-
“These new contracts will nearly double
exploration periods ture the increase in demand for these services
by Petrobras,” said Rogerio Carvalho, Country
Interoil Exploration and Production has Manager for Fugro in Brazil. “The associated
announced that the national E&P authority mobilisation plans with our vessel partners will
Agencia Nacional de Hidrocarburos (ANH) be challenging amid the concerns caused by the
in Colombia has granted an extension of 12 COVID-19 pandemic, but with proven pro-
months for the LLA47 and the Altair explora- tocols in place, we look forward to confirming
tion licenses. Fugro’s leading position as a supplier of ROV
These extensions have been issued pursuant services in the region.”
to the provisions of Agreement No. 002/2020 of Fugro, August 26 2020
the ANH, a legal framework established by the
ANH in March 2020 setting forth mitigating Heerema installs Pemex
measures for the industry affected by the lock-in
period and other economic consequences result- Yaxche-C platform
ing from the COVID-19 pandemic. an important role in the Company’s continued
The new expiration date of the exploration reduction of lifting costs per barrel, in the con- offshore Mexico
period for LLA-47 is February 7, 2022, while the tinued increase in the recovery factor of fields
new expiration date for Altair is April 27, 2021. operated by the Company, and in the continuous Heerema’s DCV Balder has installed Pemex’s
These extensions of contracts provide Interoil increase in the economic life of its assets. Yaxche-C jacket and topside on behalf of client
with an additional exploration term aimed at The Company estimates the project’s Capex Cotemar. This project is Heerema’s first for Cote-
offsetting delays suffered in the industry in the will reach approximately $45mn, to be disbursed mar, and it was executed safely with no incidents
recent trying times as well as with an adequate during the first half of 2021. In addition, Pet- and on schedule as a result of excellent collab-
time frame to make the most of the ongoing roRio expects to take advantage of the connec- oration between the parties. For the Yaxche-C
exploration phases while continuing with the tion of the Polvo Field to the FPSO OSX-3, to installation, Balder arrived at the Bay of Campe-
efforts to improve efficiencies and benefits as make further investments for the connection of che, started work on August 8 and completed
markets and prices start to recover. a sixth well - the TBMT-10H well - which the the Yaxche-C jacket and topside installation on
Interoil, August 24 2020 Company estimates may cost between $20mn August 15.
and $25mn. Pemex awarded the engineering, procure-
Petro Rio starts production Petro Rio, August 18 2020 ment, construction, and installation contract for
the Yaxche-C platform to a consortium made up
at new well at Tubarao SERVICES of Cotemar, Hoc Offshore (Arendal), and Con-
strucciones Mecanicas Monclova (Commsa).
Martelo field Tampico, Mexico, by Cotemar. All components
The jacket and platform were fabricated in

Petro Rio has provided an update on the results Fugro wins three long-term left the fabrication yard on one barge to be stored
of the Revitalisation Campaign in the Tubarao ROV services contracts at Dos Bocas before being taken to the Bay of
Martelo field, in the Campos Basin, offshore Campeche for installation. The jacket weighed
Brazil. with Petrobras in Brazil 700 MT, the four skirt piles 125 MT each, and
The Revitalisation Campaign consists of a the topside 850 MT.
workover (replacement of submersible pump) In partnership with Solstad and Oceanpact, Balder has been operating for 42 years now,
in the TBMT-2HP well and the connection of a Fugro has been awarded three long-term con- making it Heerema’s most experienced vessel.
fifth producing well (TBMT-4HP) to PetroRio’s tracts by Petrobras to provide remotely operated The multi-functional DCV will remain in the
fully owned FPSO OSX-3. vehicle (ROV) services for a variety of subsea Gulf of Mexico for more upcoming installation
In June 2020, Dommo Energia (then operator activities in Brazil. work.
of TBMT) announced the positive results of the All three contracts are for three-year firm Heerema, August 23 2020
workover, which increased the Field’s produc- periods with additional one-year options.
tion levels to approximately 7,000 barrels per Fugro will provide a total of five work class TechnipFMC wins subsea
day (bpd) of oil. ROVs for these contracts, each outfitted with
Once the workover was completed, the tooling and survey spreads that are operational EPCI for Mero-2 project
connection of the TBMT-4HP was carried out in water depths of up to 3,000 metres. One ROV
which resulted an initial production of approxi- spread will be installed on the Solstad AHTS Far offshore Brazil
mately 3,000 bpd, thus increasing the Field’s pro- Statesman to conduct anchor handling and other
duction to 10,000 bpd, or a 40% increase from subsea support activities. The remaining ROV TechnipFMC has been awarded a large contract
previous levels. spreads will be deployed in pairs on two vessels for Engineering, Procurement, Construction
The revitalisation of mature fields is a fun- operated by Oceanpact to perform inspection, and Installation (EPCI) through a competitive
damental part of PetroRio’s strategy and plays repair and maintenance (IRM) services. Led by contracting process, by Petrobras.

Week 34 27•August•2020 www. NEWSBASE .com P17