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(OM) Demand for floating rigs is soaring in the new year, with floaters making up 86% of the awards in February thus far, according to Evercore ISI’s latest Offshore Rig Market Snapshot. While no contract awarded was for more than four months, the firm commented that “day rates are clearly trending higher with Transocean... Continue Reading →
The National Petroleum Agency (ANP) announced the areas that will be offered in the 3rd Cycle of the Permanent Offer, scheduled for April 13. The list was defined this week during a meeting of the Special Bidding Commission (SBC) of the regulatory body. This time, the Campos Basin will not be present in the bidding.... Continue Reading →
(PetroleoHoje)The latest seismic data collected by PGS in the Campos Basin indicate a potential for emerging plays near the Urissane and Mairarê wells. The wells were drilled by Petrobras in 2020 and 2021, respectively, and Urissane generated an oil discovery at the end of January last year. According to John Cramer, Brazil Area Manager at... Continue Reading →
Danish offshore vessel owner Maersk Supply Service said Tuesday it had secured an integrated solutions contract by Shell in Brazil, for a station-keeping assignment during the removal of the emergency Gas Lift Riser on the FPSO Fluminense. The scope includes responsibility for the station keeping, including vessels, heading control procedures, towmasters, survey equipment and deck... Continue Reading →
(PN) The King Maker rig, operated by PetroRio, concluded the third intervention in a year in the Tubarão Martelo field, in the Campos basin. The last one was in well TBMT-44. Carried out in just 27 days, a record in field wells, the intervention aimed to replace the equipment responsible for lifting and producing oil.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/04/21, informs the beginning of the non-binding phase regarding the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (PAI) in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA, which owns offshore fields in the... Continue Reading →
Helix Energy Solutions has secured a long-term field decommissioning contract with Trident Energy for the Pampo and Enchova clusters in the Campos Basin, Brazil. Helix will provide a riser-based well intervention vessel, either Siem Helix 1 or Siem Helix 2, a 10k Intervention Riser System, project management and engineering services and, in conjunction with its Subsea Services Alliance partner Schlumberger, fully integrated... Continue Reading →
Highlights for the Year Message from the Management “We would like to thank all employees for their dedication this year, with important operational achievements such as the tieback between the Polvo and Tubarão Martelo fields, especially during the COVID-19 pandemic. They overcame various challenges and were responsible for the Company’s success. 2021 was a year... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 04/09/21, informs that it concluded today, together with its subsidiary Petrobras Gás S.A. (Gaspetro), the transaction to finalize the pending litigation with Termogás S.A. (Termogás). As a result of this transaction, Termogás acquired the shares of Companhia Maranhense de Gás (Gasmar) held by... Continue Reading →
(Reuters) - Brazilian state run oil firm Petrobras should raise gasoline prices in the domestic market to reflect high international oil prices and level the playing field, Ricardo Mussa, chief executive of energy company Raizen (RAIZ4.SA), said on Tuesday. "At some point, Petrobras will have to make a move in gasoline ... (the current price situation)... Continue Reading →
