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zoomAmpelmann E-type gangway; Image source: Ampelmann Dutch offshore access solutions provider Ampelmann has been awarded a contract by SBM Offshore in support of an FPSO maintenance campaign in the Espírito Santo Basin offshore Brazil. Ampelmann said on Monday that the contract entails the provision of an E-type gangway system in January 2017, with a scope... Continue Reading →
zoom Brazilian oil company Petrobras has awarded the Brazilian-built pipe-lay support vessel (PLSV), Skandi Vitória, a contract of 532 days. The vessel is owned through a joint venture between the Norwegian shipping company DOF and the French oilfield services provider Technip. DOF said on Monday that the contract with Petrobras will start in January. Skandi... Continue Reading →
FMC Technologies, a US-based provider of subsea systems for offshore oil and gas industry has delivered its last subsea tree, a piece of equipment used for the monitoring and control of production from offshore wells. Namely, the company, which has delivered more than 2000 units over the years, on Saturday shared a photo of... Continue Reading →
Subsea engineering, construction and services company Subsea 7 on Monday announced the early termination of the day-rate contract for its pipe-lay support vessel (PLSV), Seven Mar. The 2001-built vessel was working for Petrobras, offshore Brazil, and the termination is effective from January 16, 2017. The contract was due to expire in 2018 and as... Continue Reading →
Brazil's priority this year will be job creation as its economy emerges from the worst recession on record, President Michel Temer said on Monday, dismissing speculation that key labor and pension reforms could be derailed by a corruption scandal. In an interview with Reuters, Temer said that Latin America's largest economy would exit a two-year... Continue Reading →
Construtora Camargo Correa SA, one of Brazil's biggest engineering firms, is in talks with federal prosecutors for a new plea bargain deal linked to the country's sweeping "Operation Car Wash" corruption scandal, weekly magazine Veja said on Saturday. According to Veja, which cited people with direct knowledge of the talks, lawyers for Camargo Correa are... Continue Reading →
January 13, 2017 In the first three audits conducted by the National Petroleum Agency (ANP) to verify compliance with local content, Petrobras was fined in all of them. The state-owned company was punished for not reaching the percentages in blocks REC-T-181, in the Recôncavo Basin; and S-M-1480 and S-M-1482, in the Santos Basin. In the... Continue Reading →
Agreement is part of Panamanian government’s probe into alleged bribery payments by the company By ROGERIO JELMAYER Jan. 13, 2017 9:06 p.m. ET 0 COMMENTS SAO PAULO—Brazilian construction conglomerate Odebrecht SA agreed to pay at least $59 million as part of the Panamanian government’s probe into alleged bribery payments by the company, Panama’s attorney general... Continue Reading →
Statoil announced the purchase of 50% participation in two blocks in the Espirito Santo Basin, BM – ES 40 and 41, from OGX and Sinochem. Statoil will operate the blocks jointly with Perenco (50%), a UK based independent operator. Statoil now holds 11 oil concessions in Brazil, 7 in the Espirito Santo Basin. Last year... Continue Reading →
Press Release / Fernando Coelho Filho Fernando Coelho Filho, Minister of Mines and Energy, said today (12) that the government expects to raise between R $ 3.5 billion and R $ 4.5 billion with the completion of the 14th round of bidding for oil and natural gas exploration blocks and the second Round... Continue Reading →
Brazil Energy Insight 