TechnipFMC has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, Total, CNOOC Limited, CNPC and Pré-Sal Petróleo (PPSA), a large engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field, located in the Santos Basin, at 2,100 meters of water depth offshore Brazil. The contract covers... Continue Reading →
Petrobras – Demonstration of Interest in Executing the Right of Preference in the Fourth Round of Bidding for Areas under Production Sharing Regime
Rio de Janeiro, December 14, 2017 - Petróleo Brasileiro SA - Petrobras informs that today it presented to the National Energy Policy Council (CNPE) a manifestation of interest in exercising the preemptive right for the 4th Exploration Block Bid Round under the production sharing regime, pursuant to Law 12,351 / 2010 and Federal Decree... Continue Reading →
Statoil completes Carcara deal with QGEP
Norwegian oil major Statoil has completed the acquisition of a ten percent stake in the BM-S-8 block, located in the Santos basin offshore Brazil, from Queiroz Galvão Exploração e Produção (QGEP). Statoil said on Wednesday that QGEP’s 10% interest in the block was bought through a transaction announced in July for a total consideration of... Continue Reading →
Solstad Farstad finds work for two vessels
Norwegian shipping company Solstad Farstad has won work for two of its vessels with Norway’s Aker BP and Brazil’s Petrobras. According to its Oslo Stock Exchange filing on Wednesday, Solstad Farstad has entered into a contract for the platform supply vessel (PSV) Far Solitaire with Aker BP. The contract is for a period of three months firm... Continue Reading →
Mexico Says Deepwater Oil Tender Doomed By Brazil Competition
Mexican national oil company Pemex on Dec. 8 blamed the cancellation of a potentially lucrative deepwater Gulf of Mexico project on weak investor appetite due to competition from recent auctions in Brazil and low oil prices. The country’s oil regulator on Dec. 7 canceled a tender for its Nobilis-Maximino project, a joint venture with Pemex,... Continue Reading →
Keppel wins work on Petrobras FPSO and Eni FLNG
Singapore’s Keppel Offshore & Marine (Keppel O&M) has secured projects from repeat customers Petrobras and SOFEC worth a combined value of approximately S$130 million ($96.2M). The projects were secured through Keppel O&M’s wholly-owned subsidiaries, Keppel FELS Brasil S.A. and Keppel Shipyard Ltd, the company said on Monday. Read more
Total is the first private pre-salt production operator
December 7, 2017 The ANP board approved the transfer of 35% of Petrobras' stake and the operation of the Lapa field, in the pre-salt Santos Basin, to Total. The agency's board decided to segregate the Lapa development area into a new concession agreement. The acquisition of 35% of the field of Lapa is part of... Continue Reading →
Worker dies aboard Petrobras 10000 drillship in Gulf of Mexico
A worker died in an incident aboard the Petrobras 10000 drillship in the U.S. Gulf of Mexico last week. Brazilian oil company Petrobras said the crewmember passed away early Saturday, December 2, 2017, “as a result of an incident. Read more
SUBSEA 7 BECOMES AIRBORNE OIL & GAS SHAREHOLDER
Subsea 7 became a shareholder in Airborne Oil & Gas (AOG), which manufactures Thermoplastic Composite Tube (TCP) for oil and gas applications. And Brazil was a key player in completing the deal, according to Airborne CEO Marnix Boorsma. "The significant presence of Subsea 7 in Brazil, a key region for AOG's activities, supports our... Continue Reading →
Argentina: ION adds 30,000km of multi-client seismic data
ION Geophysical will put on offer over 40,000 kilometers of 2D multi-client data offshore Argentina in advance of the 2018 licensing round. The seismic data company said on Monday it had delivered a regional framework consisting of approximately 30,000 kilometers of data over the Austral and Malvinas basins, considered a relatively under-explored petroleum region. Read... Continue Reading →
