Petróleo Brasileiro S.A. - Petrobras informs that it has signed today with Staatsolie Maatschappij Suriname N.V. a non-binding memorandum of understanding (“MoU”) aimed at assessing cooperation opportunities in the areas of hydrocarbon exploration and production, carbon capture, new energy sources, contingency response planning, among others. Cooperation with Staatsolie could also result in better sustainable oil... Continue Reading →
Petrobras and YPF sign memorandum of understanding for E&P business analysis
Petróleo Brasileiro S.A. - Petrobras informs that today it signed a memorandum of understanding (MoU) with YPF of Argentina to analyze the joint development of business in the E&P segment. The agreement is non-binding and will be in force for three years. The document also provides for technological cooperation between the companies in the Exploration... Continue Reading →
OPT Teams Up with Brazilian Institute SENAI for Autonomous Ocean Developments
(OE) Ocean Power Technologies Signs (OPT) has signed a memorandum of understanding (MoU) with Brazil’s SENAI to advance autonomous ocean developments. OPT and SENAI, short for Serviço Nacional de Aprendizagem Industrial (SENAI Innovation Institute for Virtual Production Systems from Firjan) in Brazil, will jointly explore blue economy opportunities including deployment of WAM-V autonomous and unmanned... Continue Reading →
DNV Verifies Fugro’s Stage 3 Floating LiDAR Offshore Latin America
(offshoreWIND.biz) DNV has completed the first-ever verification of a stage 3 floating LiDAR (Light Detection And Ranging) unit in Latin America assessing the deployment and performance of Fugro’s advanced equipment. Over a period of 55 days, DNV conducted rigorous tests on the Fugro SEAWATCH® buoy, equipped with a Zephir ZX300M LiDAR unit. The floating LiDAR... Continue Reading →
Brazil’s Prio in talks with Sinochem to buy Peregrino oil field stake
(Reuters) - Brazilian oil company Prio is in talks with China's oil and chemicals firm Sinochem (SASADA.UL) for the potential purchase of a stake in the Peregrino oil field, it said in a securities filing on Wednesday. No binding agreement has been reached so far, Prio added, after newspaper Folha de S.Paulo reported earlier in the... Continue Reading →
Constellation Secures $1B Deal with Petrobras for Two Ultra-Deepwater Drillships
(OE) Offshore drilling contractor Constellation has secured two new contracts with Petrobras, worth $1 billion, for the deployment of two ultra-deepwater drillships - Laguna Star, part of Constellation’s fleet, and Tidal Action, a newbuild rig, owned by Hanwha Drilling – at the Roncador field in the Campos Basin. The contracts are set to enhance local... Continue Reading →
JDR Cables opens new service centre in Brazil, to meet growing energy project demand
JDR Cables, the global subsea cable supplier and service provider, part of the TFKable Group, has announced a strategic expansion into Brazil where it has opened a new service centre in Macaé, located in the state of Rio de Janeiro. The service centre began operations in Q3 2024, providing clients with in-country technical and service... Continue Reading →
MDL to Support Maersk Supply Service for Work at Mero Field Off Brazil
(OE) Maersk Supply Service has awarded Scottish flex-lay specialist Maritime Developments (MDL) a solution-development scope in the Mero block in the Santos Basin, offshore Brazil. The scope entails the development of an integrated spread of equipment and expert personnel to support installation of a dynamic riser assembly, which will enable connection to a grid of... Continue Reading →
Prysmian’s ‘first-of-its-kind’ FPSO subsea tie-back system in Brazil saves operator money and time for offshore oil project
(offshore-energy.biz) Italy’s cable systems giant Prysmian has provided a solution to a tie-back project in the pre-salt layer off the coast of Brazil, which it describes as a groundbreaking system envisioned to connect fields 30 kilometers (km) away to a floating production, storage, and offloading (FPSO) unit, enabling fast-tracked development of an oil project with... Continue Reading →
TechnipFMC Secures Major Subsea Contracts at Petrobras’ Brazil Fields
(OE) Oilfield services company TechnipFMC has been awarded two multi-million-dollar subsea contracts by Petrobras for the pre-salt fields offshore Brazil. The first contract, deemed substantial by TechnipFMC, is to design, engineer, and manufacture riser flexible pipe, and for the supply of associated services including packing and storage. Substantial contract for TechnipFMC means its worth is... Continue Reading →