PRIO Sept. 22 Operational Data

Petro Rio S.A. (“PRIO”), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of September. Obs:(1) The MUP3A well, in the Frade Field, had its production temporarily interrupted due to a failure in the completion equipment, and will be repaired during the fourth quarter. (2) Manati... Continue Reading →

MODEC and Aibel hand out deals for ‘one of the largest FPSOs ever delivered to Brazil’

(OEM) Japan’s FPSO provider MODEC and Norway’s Aibel have picked Axess Group, an integrity and engineering solutions provider, for inspection and certification work on a floating, production, storage and offloading (FPSO) vessel bound for an Equinor-operated field off Brazil. Axess Group revealed on Tuesday that it has secured two contracts – one with MODEC and the other one... Continue Reading →

Petrobras on P-82 construction contract

Petróleo Brasileiro S.A. – Petrobras informs that today it signed a contract with Sembcorp Marine Rigs & Floaters for the construction of the P-82 platform, as a result of the advancement of the Búzios field development project, in the Santos Basin pre-salt area. The P-82 will be of the FPSO type and will have the... Continue Reading →

Valaris Secures Rig Contract Extensions Worth $95M

Offshore drilling company Valaris has secured new contracts and contract extensions worth $95 million in total. The contracts were awarded subsequent to the issuing of Valaris' most recent contract awards and fleet status update on September 1, 2022. The contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements. In Brazil, TotalEnergies... Continue Reading →

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