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(OED) Malaysia’s FPSO operator Yinson has shared an update on the developments regarding the conversion and upgrade of a floating, production, storage, and offloading (FPSO) vessel, which will operate for Enauta offshore Brazil. Back in January 2022, Enauta entered into an agreement to purchase the FPSO OSX-2 for the Definitive System (DS) of the Atlanta field and this purchase deal was closed... Continue Reading →
Italy’s oilfield services provider Saipem has entered into two new credit facilities totalling approximately €860 million (almost $925.2 million) with a pool of leading national and international banks to further strengthens its financial structure and liquidity. Saipem made the announcement about these two new credit facilities on Monday, 13 February 2023. The Italian giant says... Continue Reading →
Siem Offshore’s multi-purpose support vessel (MPSV) Siem Dorado is preparing to carry out a term campaign for marine geophysical service provider PXGEO in Brazil. The vessel arrived in Brazil in January. The 2009-built Siem Dorado is of a MT 6017 MK II design and can accommodate 68 people. The 93.6-meter long diesel electric-powered MPSV features a... Continue Reading →
(TN) Ocyan celebrates the successful completion of the first stage of the decommissioning project in a contract signed with Petrobras to operate in the Campos Basin. The vessel chartered with Solstad is already in the Port of Vitória (ES), where it will unload the first equipment removed from the seabed. Part of it will be... Continue Reading →
(PN) Earlier this week, Petrobras launched a new tender for the charter of up to four drilling rigs. The tender is divided into three non-excluding lots and the opening of the envelopes with the proposals is scheduled, in principle, for the 17th of March. According to the rules of the tender, only the 13 companies... Continue Reading →
The Single Federation of Petroleum Workers (FUP) sent President Lula and the President of Petrobras, Jean Paul Prates, a proposal that provides for an increase in the level of national content in orders for Petrobras FPSOs. According to the union, the objective is to stimulate the development of the local chain of suppliers of goods,... Continue Reading →
(PN) A bitter end for Shell in its endeavor in the Saturno block, located in the Santos Basin pre-salt layer. The company fully returned the area to the National Petroleum Agency (ANP). This information was confirmed by the regulatory body's press office. Shell was the operator of the block with a 45% stake in partnership... Continue Reading →
By David Boggs, Energy Maritime Associates (OM) The floating production construction market continued to grow in 2022, maintaining a rebound that began in 2021. As we enter a new year, the industry sentiment remains buoyant, with most respondents optimistic about the future. Recently, Energy Maritime Associates conducted its tenth annual Global Floating Production Industry Survey, which... Continue Reading →
(epbr) The government published the first names of secretaries for the Ministry of Mines and Energy (MME), under the command of Alexandre Silveira. — Pietro Mendes will be the Secretary for Petroleum, Natural Gas and Biofuels. A career server at the National Petroleum, Natural Gas and Biofuels Agency (ANP), Mendes served in the portfolio in... Continue Reading →
(epbr) Equinor has delayed, from 2024 to 2025, the forecast for the start of production in the Bacalhau field, in the pre-salt of the Santos Basin, said the company’s president, Anders Opedal. The pandemic, according to the executive, affected the project schedule as a whole in the global oil and gas industry. The Norwegian oil... Continue Reading →
Brazil Energy Insight 