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(WO) Schlumberger announced an award to Subsea Integration Alliance of a large contract by Equinor on its Bacalhau project offshore Brazil. The contract scope covers the engineering, procurement, construction and installation of the subsea production systems (SPS) and subsea pipelines (SURF). The development will include 19 trees as well as associated subsea equipment including subsea... Continue Reading →
(PetroNoticias) The interest in the 17th Bidding Round, which is scheduled for October 7, should focus on three blocks in the Santos Basin that are cut by the 200 nautical mile limit. According to data presented by the National Petroleum Agency (ANP), the three areas together have volumes of more than 7 billion barrels oil.... Continue Reading →
Operators have called for greater certification and ‘provenance’ of oil and gas production and encourage competition when it comes to lowest emission barrels as they position their businesses to align with the energy transition. Speaking at the Underwater Technology Conference (UTC) Wednesday (June 16), Arne Sigve Nylund, EVP for Technology, Projects and Drilling at Equinor, said... Continue Reading →
(PetroleoHoje) Petrobras will close a new charter contract with drillship Norbe IX, from Ocyan. The drilling company was declared the winner of the Brazilian oil company's bid to contract one or more rigs as of the first quarter of 2022. The result of the tender was confirmed by Petrobras on the Petronect website. Despite the... Continue Reading →
The FPSO Cidade de São Vicente will leave Brazil possibly in July. After trying unsuccessfully to negotiate a new contract in the country, BW Offshore will take the production unit abroad. The likely destination is Asia. The decision to withdraw the FPSO from Brazil was taken recently by BW Offshore, after negotiations with Trident and... Continue Reading →
Japan’s floating solutions provider MODEC has started the engineering, procurement, construction, and installation (EPCI) work on the floating production storage and offloading (FPSO) vessel set for the Bacalhau field. MODEC said via social media channels on Monday that the company would proceed with EPCI work on the Bacalhau FPSO. The company added that it would... Continue Reading →
(PetroleoHoje) Six months after the binding date, Petrobras and 3R Petroleum should close, by the end of June, the divestment operation of the Papa-Terra field, located in deep waters in the Campos Basin. The terms of the asset purchase and sale contracts have already been negotiated, depending only on the seller's internal arrangements to conclude.
Petróleo Brasileiro S.A. – Petrobras informs that it signed today with Pré-sal Petróleo S.A. (PPSA) and its partners CNODC Brasil Petróleo e Gás Ltda. (CNODC) and CNOOC Petroleum Brasil Ltda. (CNOOC) the Búzios Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Agreement and the Production Sharing Contract for the Suplus of the... Continue Reading →
Brazilian oil and gas major Petrobras has signed a contract with a joint venture formed by Saipem and DSME in the amount of $2.3 billion for the supply of P-79, the eighth unit to be installed in Búzios field, in the Santos Basin pre-salt area. With a capacity to process 180,000 barrels of oil per... Continue Reading →
Fugro's soon-to-be-sold marine seismic acquisition subsidiary Seabed Geosolutions has received a conditional Letter of Award (LOA) from an undisclosed company for an ocean bottom node (OBN) project in the Americas region. The project is anticipated to start in the fourth quarter of 2021 after the completion of the current crew commitment in Brazil, extending the... Continue Reading →
Brazil Energy Insight 