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August 9, 2019 Petróleo Brasileiro SA - Petrobras reports that it has started the opportunity disclosure stage (teaser) to sell its total operated working interest in 11 producing shallow waters fields located in the Campos Basin, jointly called Garoupa Cluster, including the production facilities and pipelines to Barra do Furado. The Garoupa Cluster comprises the... Continue Reading →
Aug 8, 2019 UK's marine engineering services provider James Fisher and Sons has acquired 60% of the share capital of Continental Participação E Administração, the holding company of Brazilian subsea specialist Serviços Marítimos Continental. Continental, an established air diving service provider to the offshore oil sector in Brazil, provided inspection, repair and maintenance services to... Continue Reading →
Aug 8, 2019 Petrobras received from the Brazilian Institute of Environment and Renewable Natural Resources (Ibama) the Installation License (LI) No. 1260/2019 (5508069) - 1st Renovation, referring to the Farfan Long Term Test - Well 3-SES project -176D, BM-SEAL Concession 11 - Sergipe-Alagoas Basin, through the FPSO Cidade de São Vicente, in the Sergipe /... Continue Reading →
Aug 8, 2019 The sale of Petrobras assets is confirming to be an opportunity to pulverize the number of oil and gas producers in the country. Today, less than 7% of national production is in the hands of private companies, but the scenario is expected to change soon. Only with divestments confirmed between January and... Continue Reading →
Dutch FPSO provider SBM Offshore has revealed that a Chinese yard has started building its third Fast4Ward FPSO hull. Fast4Ward is SBM Offshore’s program aimed to standardize the FPSO construction and delivery process, thus reducing cost and speeding up the time to the market by up to 12 months. Continue reading
Aug 7, 2019 The ANP approved the extension of the drilling decision point deadline and the deadline of the Discovery Evaluation Plan (DEP) of well 1-BRSA-1175-CES (Tango), in the POT-M-665 block, in deep waters in the Potiguar Basin, on the Brazilian equatorial margin. The discovery well drilling was conducted by Diamond Offshore's semi-submersible Ocean Courage.... Continue Reading →
UK’s marine engineering services provider James Fisher and Sons has decided to acquire a 60% of the share capital of Continental Participação E Administração Ltda., the holding company of Serviços Marítimos Continental S.A. James Fisher said on Wednesday that the acquisition will be done for a total cash consideration of £7.5 million ($9.1M), where £4.9m is... Continue Reading →
Aug 6, 2019 Modec inaugurated a new base of operations in the city of Macaé. The installation is a response from the company to the increased operational demand of its vessels in the Campos Basin and to business expansion projections for the coming years. Today, the company has 11 units in operation in the country,... Continue Reading →
Offshore drilling contractor Borr Drilling has been awarded another drilling contract by Pemex. As a result, Borr will have three of its jack-up rigs operating offshore Mexico for Pemex and four in total in the country. Back in March 2019, Borr revealed it had secured offshore drilling contracts for two of its jack-up rigs –... Continue Reading →
International energy logistics provider Peterson has been awarded a major contract with Repsol’s Guyana subsidiary for work on an offshore well. Peterson said on Tuesday that it was selected as the main logistics contractor for the Carapa-1 exploration and drilling project. The company will provide Repsol with integrated supply base operations management, logistics, and pipe... Continue Reading →
Brazil Energy Insight 