After the long, slow downturn that began in late 2014, this year was set to be better with many dormant regions resuming exploration and long-awaited
LR: Up to 40 per cent of FPSO maintenance work ‘unnecessary’
As much as 40 per cent of maintenance work carried out by floating production storage and offloading (FPSO) vessel operators was described as “unnecessary” by
Rystad: FPSO Contract Awards to Rebound in 2021 after Poor 2020
Norway-based energy intelligence firm Rystad Energy said Tuesday it didn’t expect any new FPSO orders this year, however, it expects the situation will improve next
Petrobras to Launch Tender for Brazil’s Biggest Ever FPSO
Petrobras is preparing to launch a tender to build Brazil’s largest-ever oil platform, according to two people with knowledge of the matter, as the state-controlled
More oil in Sul de Gato do Mato
Jul 8, 2020 Shell found new evidence of oil in well 3-SHEL-32D-RJS, in the south of Gato do Mato, in the Santos Basin pre-salt. The
Cash-strapped Pemex seeks to defer key contractor payments to 2021
Pemex’s nearly $105 billion in debt already makes it the biggest borrower of any oil company in the world. And it’s accruing more. Pemex is
