OPEC will maintain its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030, according to global energy consultancy company Wood Mackenzie. Read more
Premier selects Dril-Quip to deliver subsea systems for Sea Lion
Oilfield services provider Dril-Quip has entered into a letter of intent with Premier Oil to provide subsea production systems for the Sea Lion Phase 1 Development located offshore the Falkland Islands. The letter of intent was entered into with Dril-Quip’s wholly-owned subsidiary based in Aberdeen, Scotland, Dril-Quip (Europe) Limited. Read more
Tidewater and GulfMark combine to create industry’s largest OSV fleet
U.S.-based OSV operator Tidewater and its compatriot GulfMark Offshore have decided to combine to create a new player with the largest fleet in the OSV sector. The two companies informed on Monday that the boards of directors of both companies have unanimously approved a definitive agreement to combine the two companies. This combination, if consummated, will... Continue Reading →
PetroRio licenses drilling campaign in Foz do Amazonas
16/05/18 PetroRio has begun licensing a campaign to drill up to three exploratory wells in the FZA-539 block area, in the Foz do Amazonas Basin. The company intends to use a rig with dynamic positioning for the drilling campaign, which will have wells in shallow water depths of 200 m. According to PetroRio, two wells... Continue Reading →
Petrodin and Chinese bet on hybrid solution for shallow water drilling
07/13/18 Petrodin Offshore recently closed partnership to represent a Chinese company in Brazil. The representative, who sees opportunities in the Brazilian and South American markets, is in search of contracts with oil companies that will explore blocks in shallow waters. The partnership aims to bring to Brazil three drilling rigs currently idle at the Chinese... Continue Reading →
Marlim’s FPSOs postponed for another month
7/13/18 Marlim's FPSOs are delayed for another month. Petrobras has again postponed the tender submission deadline for chartering the two new FPSOs for the Marlim field in the Campos Basin, moving the deadline to September 10. The tender was scheduled for August 9, but the oil company has already informally informed the market and is... Continue Reading →
Petrobras extends bidding time for helicopters
7/13/2018 Petrobras postponed to July 25 the deadline for delivery of the proposals to charter helicopters of the medium and super-medium types. The scope includes more than 20 aircraft, with operations from the Jacarepaguá or Cabo Frio airports in Rio de Janeiro. In the latest bid, CHC Brasil and Omni Táxi Aéreo presented packages of... Continue Reading →
Aker Solutions in bids for $ 6bn in contracts
7/13/18 Aker Solutions is competing for around NOK 50 billion ($ 6 billion) in contracts worldwide, most of them in the subsea segment. The information appears in the financial report for the second quarter, released on Thursday 12th. The Norwegian company is optimistic that the market will pick up, boosted by high barrel prices and... Continue Reading →
Petrobras – Appointment of a member of the Board of Directors
Rio de Janeiro, July 11, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, at a meeting held today, appointed Mr. Durval José Soledade Santos to the position of member of the Company's Board of Directors, until the next Shareholders' Meeting, as provided for in Article 25 of the Bylaws. The... Continue Reading →
Chevron taps geologist insider to head Brazil operations
Chevron Corp has named Mariano Vela, a geologist with 20 years of experience at the U.S. oil major, to oversee its Brazil operations, the company told Reuters on Thursday, as it expands in Latin America’s top producer. Read more
Brazil Energy Insight 