Booming Brazilian E&P buoys Rio Oil & Gas show but market still waits on Petrobras rig contract awards.

(OM) News from Rio Oil & Gas 2022 is upbeat about the prospects for offshore E&P, according to Evercore ISI’s most recent Offshore Oracle report, with many international operators offering updates on their upcoming projects slated offshore Brazil. Added to that was Exxon Mobil’s announcement that $13 trillion in new oil and gas investments will be... Continue Reading →

Brazil: Shell Books Maersk Drilling Semi-sub

(OED) Danish offshore drilling firm Maersk Drilling has secured a contract with Shell Brasil for the semi-submersible rig Mærsk Developer in the Campos basin offshore Brazil. The offshore drilling rig will drill one exploration well and perform subsea well interventions at the BC-10 field. The contract is expected to start in March 2023, in direct... Continue Reading →

MODEC FPSO Almirante Barroso arrives in Brazil

Scheduled to form part of Petrobras' 5th production module in the Búzios field, the Modec unit will be submitted to Brazilian authorities' clearance procedures. Afterwards, it will go to the Brasfels shipyard, in Angra dos Reis (RJ), where it will undergo the final commissioning activities. The first oil from the FPSO Almirante Barroso is expected... Continue Reading →

Blog at WordPress.com.

Up ↑