Offshore accommodation provider Floatel International has secured another contract for one of its units, this time with Norway’s Equinor for operations in Brazilian waters. Floatel informed on Tuesday that Equinor Brasil Energia had awarded a contract to Floatel Victory to provide maintenance and safety unit (MSU) services alongside Peregrino floating production storage and offloading unit... Continue Reading →
Prysmian to deliver subsea umbilicals to Petrobras
Prysmian Group has secured a contract to provide deep-water electro-hydraulic umbilicals and specialized offshore and logistic services to Petrobras. Italian cabling company is to deliver 350 kilometres of high-end deep-water electro-hydraulic umbilicals using both steel tube and thermoplastic technology. The umbilicals will be engineered, produced, tested and delivered in the period from 2022 to 2025... Continue Reading →
Petrobras on the appointment of Board Members by the Federal Government
Petróleo Brasileiro S.A. - Petrobras informs that it has received an official letter from the Ministry of Mines and Energy with the following indications for the composition of the slate of the Federal Government for the company's Board of Directors positions, whose election will take place in the next Extraordinary General Meeting: I - Eduardo... Continue Reading →
PetroRecôncavo’s good phase could get even better
PetroRecôncavo continues to deliver positive results in its operations, creating an attractive growth potential with the clusters it already has. In Safra's opinion, the company should keep up the good pace – or even create more value with the acquisition of new areas. "In our view, PetroRecôncavo should be able to continue delivering good results... Continue Reading →
Brazil’s ultra-deepwater market on the rebound, says new report
The economic recovery of Brazil’s ultra-deepwater oil and gas market is underway, according to a recent report by Evercore ISI. In its latest Offshore Rig Market Snapshot (July 2021), the consulting firm noted that three term floater contracts were signed for Brazil over the week ending July 15, with Petrobras renewing two ultra-deepwater drillships and... Continue Reading →
Speculators’ long Brazil real positions near record high, CFTC data shows
(Reuters) - Funds and speculators on U.S. futures markets are their most bullish on the Brazilian real in more than four years, data showed, attracted to the currency by the recent surge in 2021 interest rate and economic growth expectations. The near-record positioning, however, suggests the real will struggle to rally further from here, as... Continue Reading →
Ports supplied by offshore wind are preferred models for green hydrogen in Brazil
(epbr) The investments announced for the construction of plants producing green hydrogen (H2V) in Brazil already total more than US$ 22 billion, all concentrated in ports — Pecém, in Ceará, Suape, in Pernambuco, and Açu, in Rio de Janeiro. These ports combine a series of strategic factors for the development of the new H2V chain,... Continue Reading →
Ouro Negro and Superior Energy Services announce strategic partnership
Fully electrical completion of wells is the main focus of the two companies, which combine expertise to provide integrated solutions in this area Ouro Negro and Superior Energy Services announce a strategic partnership to provide integrated solutions in the area of wells, especially in more complex environments, such as pre-salt and ultra-deep waters. By adding... Continue Reading →
DOF Bags Brazilian AHTS Deals with Petrobras, Equinor
Norwegian offshore vessel operator DOF has secured contracts in Brazil for two of its anchor handling tug supply vessels. The company has won contracts through its Brazilian subsidiary Norskan The Skandi Paraty vessel, with an ROV onboard operated by DOF Subsea Brasil, has been awarded a one-year contract extension with Petrobras until July 2022. The... Continue Reading →
Skandi Neptune ready for Campos Basin
DOF Subsea has mobilized Skandi Neptune for the ocean bottom node (OBN) 4D seismic campaign on the Jubarte field in the Campos Basin offshore Brazil. As reported in May, Skandi Neptune will support the seismic surveys that Shearwater GeoServices will carry out on Petrobras’ Jubarte, Tupi and Iracema fields. The vessel and the team will first... Continue Reading →