Plan to privatize PPSA – Pre Sal Petroleo S.A.?

Mar 11, 2020 There is a privatization plan for PPSA being discussed at the Ministry of Economy, led by Paulo Guedes, informs the Bloomberg agency. The state-owned company, which represents the Union in the pre-salt sharing contracts, would have been elected, along with Eletrobras, as the priority privatizations of 2020. - Still according to Bloomberg,... Continue Reading →

BP awards subsea job in Angola to TechnipFMC

TechnipFMC has been awarded a significant integrated engineering, procurement, construction, and installation (iEPCI) contract from BP Angola for the Platina field development, located offshore Angola. The Platina field is located in Block 18 at water depths ranging from 1,200 to 1,500 meters. TechnipFMC said on Tuesday that the contract covers the manufacture, delivery and installation... Continue Reading →

Exxon CEO highlights plans for Brazil

March 6, 2020 ExxonMobil CEO Darren W. Woods, during a presentation to investors at the New York Stock Exchange (NYSE), said that the company plans to expand exploratory activity in Brazil this year and in 2021. He did not give details about the activities, but, as published, the oil company is expected to drill a... Continue Reading →

Brazil to Delay Second Shot at Huge Offshore Oil Auction?

Brazil's government is unlikely to auction the remaining production rights to the "transfer-of-rights" (TOR) offshore oil zone until 2021, Economy Ministry Subsecretary Waldery Rodrigues told Reuters on Friday. The TOR area is a prolific oil-producing region off the Brazilian coast. The government auctioned production rights to two of its subdivisions in November, but two others... Continue Reading →

PGS kicks off GeoStreamer X seismic survey in Brazil

Seismic services provider PGS is back in Brazil in 2020 with a Ramform Titan-class vessel to acquire the first GeoStreamer X MultiClient 3D seismic survey in the region. The Campos Deepwater GeoStreamer X project will deliver high-quality, long offset, multi-azimuth seismic data over the deepwater portion of northern Campos Basin and the first data will... Continue Reading →

Sandvik Wins Mero Steel Tube Umbilical Order

Sandvik reports it has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield. Mero is an expansive pre-salt oilfield in the Santos Basin offshore Rio de Janeiro with immense oil production potential. The Mero oilfield is being managed by the Libra Consortium, made up of a partnership between Petrobras, Total,... Continue Reading →

Wood to deliver engineering design for Chevron’s Gulf of Mexico project

Oilfield services company Wood is delivering a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico. The scope of the project included the preliminary, front end engineering and design (Pre-FEED), FEED and now entails detailed design of Anchor, a wet tree development that will employ a semi-submersible floating production unit... Continue Reading →

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