Brought to you by Quest Offshore & Southern Cone Consultants
Oct 17, 2019 The electricity sector has entered the radar of major global oil companies, eager to consolidate in Brazil a consumer market for their respective natural gas production, whether from pre-salt or from abroad, through the importation of liquefied natural gas (LNG). ). Encouraged by the process of opening the Brazilian gas market, companies... Continue Reading →
ONGC Videsh, international business of the Indian oil company ONGC, has announced two discoveries in Brazil and Colombia. The company on Wednesday said it had made a major gas discovery at the Moita Bonita-2 well in the deepwater block BM-SEAL-4, Brazil in the Sergipe Alagoas Basin. Petrobras as operator of BM-SEAL-4 consortium with ONGC Videsh,... Continue Reading →
Oct 16, 2019 Petrobras launched, on Monday (14/10), a notice for the chartering of one or more rigs capable of operating between 2,400 m and 3,000 m water depths. Proposals are due to be delivered by November 11, and start-up is from January to March 2020. The announcement brings news about previous bids from Petrobras,... Continue Reading →
Oct 16, 2019 Petrobras postponed to December the submission of subsea proposals for the provision of engineering services, supplies, construction and installation (EPCI) for Mero 2 and Búzios V. Scheduled for October, the dates are set for the 9 and 30 of the last month of the year respectively. These are the only major tenders... Continue Reading →
Oct 15, 2019 Petrobras, following up on the release disclosed on 09/30/2019, reports that it has extended until 10/21/2019 the notification deadline for companies to express their interest on the sale of eight onshore exploratory blocks located in the Recôncavo Basin. There is no prejudice for the companies that have already expressed their interest. Continue... Continue Reading →
Brazil’s Senate passed the main text of a bill late on Tuesday defining the distribution of proceeds from a blockbuster auction of oil prospecting rights, a key milestone for the enormous offshore region known as TOR - the ‘transfer-of-rights’ area. The bidders who win exploration and production rights in the massive Nov. 6 auction will... Continue Reading →
With the resumption of oil and gas block tenders in Brazil, including highly valued pre-salt tenders, offshore support vessel (OSV) owners are expecting to get any vessels that are lying by without a contract to soon rejoin the market. However, the owners of the large number of Brazil flagged vessels that were built but did... Continue Reading →
Malaysian FPSO provider Yinson has been awarded two letters of intent by Petrobras for the charter, operations, and maintenance of FPSO Marlim 2 for the Marlim revitalization project in Brazil. The LOIs were issued to Yinson Production Pte Ltd (YPPL), an indirect wholly-owned subsidiary of the Yinson. Following the LOIs, the charter contract will be... Continue Reading →
Tokyo, October 16, 2019 MODEC, Inc. ("MODEC") is pleased to announce that it has received a Letter of Intent (LOI) for the supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for Marlim revitalization project from Petróleo Brasileiro S.A. ("Petrobras"). This marks MODEC's 16th project for the Brazilian market and the period... Continue Reading →
October 15, 2019 Petróleo Brasileiro S.A. - Petrobras reports that it has signed letters of intent (LoI) with the Japanese company Modec (Marlim Unit 1) and the Malaysian company Yinson (Marlim Unit 2), for the chartering of two FPSO platforms. The units will be used in the production development project of the Marlim and Voador... Continue Reading →
