Jun 22, 2020 The Brazilian Institute of the Environment (Ibama) granted the Operation License for the platform vessel P-70, from Petrobras. The unit will be installed in the Atapu field, in the Santos Basin pre-salt. The document will be valid for four years. The P-70 will have the capacity to process 150,000 barrels of oil... Continue Reading →
Mero rig bids postponed to July
June 16, 2020 Petrobras has postponed until July the deadline for submitting the bidding proposals for chartering one or more drill rigs for Mero, a production sharing field located in the Santos Basin. The date was scheduled for 19 of June, but the oil company chose to postpone to 6 of July. Source: PetroleoHoje
Petrobras Charters DOF Offshore Vessel Trio
Norwegian offshore vessel operator DOF has secured long-term charters for a trio of anchor handling units with Petrobras in Brazil. DOF said Tuesday Petrobras had awarded its Skandi Urca and Skandi Fluminense vessels 2+2 year contracts with the start in September 2020. Continue reading
Sharing contracts in the exploration phase, have terms extended by the MME
Jun 16, 2020 Ordinance No. 239 of the Ministry of Mines and Energy (MME) was published in the Official Gazette (DOU), which authorizes the ANP to enable the nine-month extension of the deadlines related to the Exploration provided for in contracts under the Production Sharing regime, in accordance with the conditions established in ANP Resolution... Continue Reading →
PGS Wraps Brazil Seismic Shoot. Breaks Spread Record
Norwegian seismic acquisition company PGS has said that its Ramform Titan has completed a seismic survey project in Brazil, breaking a streamer spread record in the process. The company said Tuesday that it had completed the survey on the first two parts of a new long-offset GeoStreamer-X seismic survey in Campos Basin. Continue reading
Upstream spending set for 15-year low as it falls from lower mountain to deeper valley, Rystad says
Following the publication of the upstream industry’s first quarter results, a Rystad Energy analysis reveals a gloomier investment-budget picture than previously thought. Global spending is now forecasted to reach $383 billion this year, the lowest level in 15 years and a staggering 29 per cent decrease of $156 billion compared to 2019, according to Rystad’s... Continue Reading →
Government postpones TOR auction of Sepia and Atapu to 3rd quarter of 2021
Jun 10, 2020 The Ministry of Mines and Energy presented the schedule for the auction of Sepia and Atapu, remaining from the Transfer of Rights. The federal government expects the announcement to be published in the second quarter of next year, followed by the auction in the third quarter of 2021. Earlier this month, Minister... Continue Reading →
OCYAN OFFERS NEW SERVICE AFTER DRILLING IN A WATER DEPTH UNDER 500 METERS
Jun 10, 2020 Ocyan offers the oil and gas sector a new paradigm for drilling in water depths below 500 meters using a drillship in dynamic positioning, without the use of anchoring. The novelty was achieved for the first time last month with the Norbe VIII rig, in the Albacora field, in the Campos Basin... Continue Reading →
Petrobras qualifies ten EPC companies for FPSO
Jun 10, 2020 Petrobras has qualified ten companies to participate in the next bidding process to contract its own FPSO under the EPC (Engineering, Procurement and Construction) model: Brasfels and EBR (Brazil), Daewoo Shipbuilding, Hyundai and Samsumg (South Korea), Keppel Singapore , SBM (Netherlands), Technip (based in London) and Modec and Toyo (Japan). The Italian... Continue Reading →
Monthly bulletins for pre-salt contracts will be released by PPSA
June 10, 2020 The company Pre-Sal Petróleo (PPSA) released today (10) the first Monthly Bulletin of Production Sharing Contracts, which reveals that, in April, the total production of oil under sharing in the pre-salt area, including consortia and Union, reached 56 thousand barrels per day (bpd). The bulletins will be monthly. Created in November 2013,... Continue Reading →