Shell signs QGOG Drill Rig

08/01/18 Brava Star to make first oil drilling in a share area Shell agreed to charter the Brava Star drill rig from Queiroz Galvão Oil & Gas to drill four wells in the assets of Sul Gato do Mato, Alto de Cabo Frio Oeste, both granted at the share auctions located in the Santos Basin,... Continue Reading →

Lula has more than 50 wells to complete/Galp

08/01/18 Largest field in the country, in the pre-salt of the Santos Basin, receives two new platforms later this year Lula has 52 wells yet to be completed, according to Galp's COO, Thore Kristiansen. Of the 153 wells foreseen in the current development plan, 101 were completed and 92 are in operation, being 50 producers... Continue Reading →

PETRORIO NEW WELL AT POLVO PRODUCING

08/01/18 Proved developed reserve of the field can grow 3 million barrels PetroRio started the production of the second well in the Polvo field, an area where it operates in the Campos basin. POL-Z drilling began in June of this year and is part of the revitalization plan for the Polvo field, which provides for... Continue Reading →

Petrobras to launch new integrated bid for Libra

08/01/18 RFI gathered information to support the elaboration of public notice including logistics services and submarines Petrobras closed last week an RFI (Request for Information) to subsidize the preparation of a tender to hire a maritime support vessel, submarine services, fuel supply and port services for Libra, in the pre- salt of the Santos Basin.... Continue Reading →

Government changes areas of the 16th Round

The Minister of Mines and Energy and president of the National Council of Energy Policy (CNPE), Moreira Franco, published on Wednesday (1/8) resolution alternating sectors where will be offered areas in the 16th round of the National Petroleum Agency, which should in the second half of 2019. The main change was the withdrawal of the... Continue Reading →

Offshore Wind Lifts Fugro

Fugro saw a 16.6% increase in revenue in the first half of 2018, said to be driven mainly by strong growth in the offshore wind, building and infrastructure and recovering oil & gas markets in the second quarter of the year. Read more

McDermott books profit jump in 2Q

Houston-based EPCI company McDermott saw an increase in its second quarter 2018 profit on the back of higher revenues driven by projects for Saudi Aramco and Woodside. The company on Tuesday reported revenue of $1.7 billion and net income of $47 million for the second quarter of 2018 compared to revenues of $789 million and... Continue Reading →

Shell Brazil invests in solution for inspecting FPSO tanks

Aberdeen-based inspection technology and service provider for the oil and gas industry, Innospection, Shell Brazil and SENAI CIMATEC technology institute in Salvador, Brazil, have recently signed a partnership agreement to develop a robot-based technology for in-service inspection of cargo oil tanks of FPSOs. Read more

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