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Rio de Janeiro, November 30, 2017 – Petróleo Brasileiro S.A. – Petrobras, as the Operator and acting on behalf of the Libra Consortium, announces that today it submitted the declaration of commerciality to the Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) regarding the oil accumulation located in the northwestern portion of Libra block,... Continue Reading →
Statoil’s Brazilian subsidiary has awarded a contract to one of Solstad Farstad’s platform supply vessels (PSV). Solstad Farstad said on Thursday that Brasil Óleo e Gás Ltda. had awarded a two-year firm contract to the Brazilian flagged Sea Brasil PSV. The company added that Statoil had an option to extend the contract for two... Continue Reading →
SBM Offshore USA, a subsidiary of world’s largest FPSO provider SBM Offshore, has pleaded guilty for charges of bribing foreign officials in Brazil, Angola, Equatorial Guinea, Kazakhstan and Iraq in violation of the Foreign Corrupt Practices Act (FCPA). The U.S. Department of Justice said on Thursday that the Dutch FPSO specialist SBM Offshore would pay... Continue Reading →
U.S. engineering and construction company McDermott is making progress with the construction of the Abkatun-A2 platform for the Mexican oil company Pemex. According to a Monday update on McDermott’s social media channels, the company has started the top deck lift of the Abkatun-A2 platform at its Altamira facility in Mexico. The facility is positioned as a free trade... Continue Reading →
Norwegian offshore vessel owner DOF on Monday announced several charter awards. The company has, through its joint venture with Technip, secured a contract with McDermott for the pipelay support vessel Skandi Niteroi. The Brazilian-built vessel will work on the Atlanta project for Queiroz Galvão. The vessel will start the contract in November. The contract has... Continue Reading →
French oil company Total has announced first oil from the Libra mega-field, located in ultra-deep waters 180 kilometers offshore Rio de Janeiro, in the pre-salt Santos Basin in Brazil. The Libra project is operated by Brazil’s Petrobras. First oil is flowing into the Pioneiro de Libra FPSO, chartered by Petrobras from Teekay and Odeberecht consortium.... Continue Reading →
The National Council for Energy Policy (CNPE) published this Friday (27/11), in an extraordinary edition of the Official Gazette, the resolutions that define the parameters of the 4th pre-salt auction, scheduled for June 7, and the 15th round of the ANP, scheduled for March 29. A resolution foresees that the areas that will be... Continue Reading →
November 23, 2017 The Internet of Things is already a reality in many companies in the oil and gas sector, such as the case of Chevron, which managed to reduce the response time to critical and unexpected conditions by 90%. In Rio de Janeiro, the company has adopted a system in the FPSO Frade... Continue Reading →
Subsea Engineering News Excitement is building around Exxon Mobil’s Liza discovery off Guyana, the country’s first oil find. Last May, Exxon Mobil reported that its Liza-1 (SEN, 32/5) well found 90 m of high-quality oil-bearing sandstone, and estimates of oil in place and/or recoverable have been high. Now ExxonMobil is considering a fast-track development of Liza,... Continue Reading →
In the wake of the well-documented downturn in the oil and gas markets in recent years, an increasing number of platform supply vessels (PSVs) are currently under-utilised or languishing in lay-up, most notably in the US Gulf Coast region. Various proposals have been made for the repurposing of redundant PSV tonnage. Examples range from windfarm... Continue Reading →
Brazil Energy Insight 