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AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has brought in the third and final Suezmax second-generation dynamic positioning (DP2) shuttle tanker, purpose-built for a long-term charter with Shell in Brazil. AET informed on Friday that it took delivery of Eagle Colombo, its latest second-generation DPST, from Hyundai Heavy Industries (HHI) on... Continue Reading →
FPSO supplier BW Offshore said Thursday that Shell had awarded it limited notice to proceed (LNTP) by Shell and its partners for early-stage engineering and supplier reservations for the supply of an FPSO for the Gato do Mato (Wild Cat) oil and gas field offshore Brazil. The LNTP is valued up to USD 50 million.... Continue Reading →
The FPSO Atlanta, contracted by the Brazilian oil company Enauta to Malaysia's Yinson for conversion to service the Atlanta Field offshore Brazil, will be operated under ABS Class. The Atlanta, which will serve as the Definity Production System at the Atlanta Field in the Santos Basin, offshore Brazil, is being converted in Dubai Drydocks World,... Continue Reading →
(Reuters) Rental rates for offshore oil and gas rigs have rocketed higher, boosted by a race to lift production because of the war in Ukraine and a recovery in demand after the COVID-19 pandemic. Drilling companies are in a stronger position to demand higher dayrates for their equipment after several lean years that led to... Continue Reading →
(OE) Oil and gas company Trident Energy said Thursday it had completed its first Brazilian subsea campaign to connect the MA-34 production well to the P-08 semi-sub platform, as part of its plans to enhance production on its Pampo field. "Trident Energy set to relocate two existing flowlines from our old MA-1 X-tree (one production... Continue Reading →
Subsea 7 has won a “major” engineering, procurement, fabrication, installation and pre-commissioning (EPCI) contract by Petrobras for the development of the Búzios 8 field in Brazil. The contract scope includes engineering, procurement, fabrication, installation and pre-commissioning of approximately 126 kilometers of rigid risers and flowlines, 98 kilometers of flexible lines and 88 kilometers of umbilicals and associated infrastructure,... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 01/31/2020, informs that it signed today with the company Grepar Participações Ltda., a corporate entity jointly owned by Grecor Investimentos em Participações Societárias Ltda., Greca Distribuidora de Asfaltos Ltda. and Holding GV Participações S.A., a contract for the sale of the Lubrificantes e... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 05/23/2022, regarding the Ministry of Mines and Energy's Official Letter requesting the convening of an Extraordinary General Meeting (EGM) to promote the substitution and election of a member of the Board of Directors and the nomination of Mr. Caio Mario Paes de Andrade,... Continue Reading →
(Reuters) Offshore oil and gas producer Talos Energy on Tuesday said it was interested in scooping up new production, particularly as major oil companies shed assets in a bid to decarbonize. "We're a natural consolidator, particularly when you think about the Gulf of Mexico," Chief Executive Officer Tim Duncan said on Tuesday during an analyst... Continue Reading →
Offshore accommodation provider Prosafe has been awarded a contract by Petrobras for the provision of the Safe Eurus semi-submersible vessel for safety and maintenance support offshore Brazil. Prosafe was declared the winner of a bidding process launched by Petrobras for the provision of the Safe Eurus semi-submersible unit earlier in May. A potential contract award and the timing of the... Continue Reading →
