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Petro Rio S.A. (“Company” or “PetroRio”), following best corporate governance practices, informs its shareholders and the market in general of the start of production of the TBMT-10H well, in the Tubarão Martelo Field (“TBMT”), with initial production of approximately 3,800 barrels of oil per day, still in the assessment period. The TBMT-10H well was drilled... Continue Reading →
(OM) Woodside Energy has issued progress reports on its development projects in West Africa and Australia. Offshore Senegal, the first development well for the Sangomar field development Phase 1 has been drilled and completed, including installation of the xmas tree. It was also the first horizontal production well drilled in Senegal, the company said. Phase 1 was recently... Continue Reading →
Subsea 7 has secured long-term day-rate contracts with Petrobras for the pipelay support vessels (PLSV) Seven Waves, Seven Rio and Seven Sun. Seven Waves will commence the new contract in the first quarter of 2022, Seven Rio in the second quarter of 2022 and Seven Sun in the third quarter of 2022. Each contract comprises a firm three-year period... Continue Reading →
Oil States Brasil announced this week that it has signed a new and important contract with Petrobras. Under the new agreement, the company will provide offshore planning, maintenance and inspection services on cranes on the oil company's five FPSOs. The new contract will run for three years. "Having a broad knowledge of the market, combined... Continue Reading →
(OE) That’s the question? Or, more specifically, are there alternative ways of delivering robotics to where they’re needed without having to have seabed docking stations? Elaine Maslin takes a look. The idea for some kind of resident subsea vehicle has been around for some time. From BP’s considerations in 1986 for an integrated ROV launch... Continue Reading →
(Portos e Navios) Seadrill is close to winning two new charter contracts with Petrobras, rebuilding its business portfolio in Brazil. The oil company hammered out the contracting of the West Tellus and West Carina drillships, offered in the tender for 2,400 m units. West Tellus and West Carina will be chartered at daily rates of... Continue Reading →
Offshore vessel owner DOF Subsea has entered a partnership deal with offshore survey firm Ocean Floor Geophysics Inc. (OFG) to offer Autonomous Underwater Vehicle (AUV) services to the international offshore industry. "The partnership will effectively leverage the two businesses’ recent collaboration in the development of the OFG AUV non-contact integrated Cathodic Protection (iCP) inspection system... Continue Reading →
Petrobras prepares to drill wells on the Equatorial Margin, in blocks in the Foz do Amazonas, Potiguar and Barreirinhas basins. The oil company today opened a public tender (nº 7003659184) for the contracting of charter services for large helicopters that will be used in exploratory campaigns in these regions, located in the North and Northeast... Continue Reading →
Soaring oil prices could signal the start of an amplified offshore rig market upcycle and this time it might stick around for a while, Esgian's Teresa Wilkie writes. Last week Brent crude touched $80 per barrel for the first time in three years. What may be even more remarkable is that it has remained above... Continue Reading →
UK-based oilfield services firm Expro and Dutch-based drilling and completions solutions provider Frank’s International have completed the previously announced all-stock merger. The combined company has assumed the Expro Group Holdings name. "This is an exciting day for Expro and Frank’s as we bring our companies together to create a new global leader with the breadth... Continue Reading →
Brazil Energy Insight 