Page 9 - LatAmOil Week 07 2023
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                         TotalEnergies and APA drilled the SPS-2 well   Keskesi, Sapakara South and Krabdagu. All of
                         at a location about 4.6 km south of Sapakara   these fields are in a specific section of the licence
                         South-1 (SPS-1), the first appraisal well to test   area that lies along the same trendline as many
                         the discovery. The partners are now focusing on   of the finds made at Stabroek, a neighbouring
                         an appraisal drilling programme to test another   site to the west within the Guyanese section of
                         find at Krabdagu, a field near the eastern edge of   the Guyana-Suriname basin. Beyond the trend-
                         Block 58 around 17 km to the east of Sapakara.   line, they have struck out at Bonboni, where they
                         They have already spudded the Krabdagu-2   found sub-commercial oil reserves in 2021, and
                         (KBD-2) well and are on track to begin drilling   at Dikkop, where they found only water in mid-
                         the Krabdagu-3 (KBD-3) well with a different   2022, and again at Awari in late 2022.
                         rig before the end of February.        TotalEnergies and APA have divided equity
                           The partners have made multiple discover-  in the Block 58 project on a 50:50 basis. The
                         ies at Block 58, encountering both oil and gas   French major is serving as operator of the off-
                         at Maka Central, Kwaskwasi, Sapakara Central,   shore site. ™



                                                        BRAZIL
       Equinor to postpone first oil at Bacalhau






                         THE Norwegian oil company Equinor has   “I think all projects have been hurt by
                         announced that it intends to postpone the start   COVID-19 – and not just shipyards in Asia but
                         of production at Bacalhau, an offshore oilfield in   all over the world and also in Norway,” Opedal
                         the pre-salt section of the Santos basin off Brazil.  stated. “We are recovering from that now.”
                           Speaking during a conference call with   He went on to praise Geir Tungesvik,
                         investors, Equinor’s President Anders Opedal   Equinor’s vice president of design, drilling, and
                         revealed that Bacalhau is now expected to come   procurement, for the progress that his team was
                         on stream in 2025 rather than 2024 as previously   making at Johan Castberg, a field in Norway’s
                         anticipated.                         section of the Barents Sea. However, he also
                           He attributed the delay to fallout from the   noted that Bacalhau would not reach the devel-
                         coronavirus (COVID-19) pandemic, saying   opment stage until 2025.
                         that both the project and the global oil and gas   Bacalhau is Equinor’s main international
                         industry were still being affected by aftershocks   project. Equinor owns a 40% stake in the field,
                         from the global crisis.              while ExxonMobil (US) and Petrogal, a subsid-
                           The Norwegian company is still attempting   iary of Portugal’s Galp, each own 20%. Brazil’s
                         to cope with the significant economic shifts   state-owned Pré-Sal Petróleo SA (PPSA) acts as
                         that have followed the pandemic, he explained.   the manager of the production-sharing contract
                         These shifts have greatly increased the cost of   (PSC) covering the field.
                         work at fields such as Bacalhau, where develop-  Equinor and its partners acquired Bacal-
                         ment work must be supported by sophisticated   hau from Brazil’s national oil company (NOC)
                         marine infrastructure of the type built in certain   Petrobras in 2016, when it was still under
                         Asian shipyards, he said.            exploration.

























                                                          Rendering of Bacalhau production platform (Image: Equinor)



       Week 07   15•February•2023              www. NEWSBASE .com                                               P9
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