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 →
Ibama denies license to BP in the Foz do Amazonas Basin
Ibama has denied licensing and has ordered BP to complete environmental studies for a well drilling campaign in the FZA-M-59 exploratory well area, which was won in the 11th round bids in 2013. This is the second time in 2017 that the environmental body asks for complementation for the studies of the British company in... Continue Reading →
Libra to have its first oil shipment in early January, says Petrobras
Petrobras predicts that the first shipment of oil produced in the Libra area in the Santos Basin pre-salt will take place in early January, said the company's chief operating officer, Fernando Borges. Libra, which started operations last week, is currently producing about 17,500 barrels of oil per day and is expected to reach an... Continue Reading →
Petrobras makes first big service tender after Lava – Jato
Petrobras will reform 75% of its platforms in the Campos Basin, an investment of R $ 3 billion in the first big service tender since 2014 when Lava - Jato started. The estimate is that the investment will create 3,000 jobs mainly in the Macae region according to Abespetro's projections, the association of companies providing... Continue Reading →
Declaration of Commerciality of the Libra Northwest area, in the Pre-salt of Santos Basin
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 →
Another Solstad Farstad PSV to work for Statoil offshore Brazil
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 to pay $238M as U.S. subsidiary pleads guilty for bribery
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 →
McDermott makes headway with Pemex platform construction
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 →
DOF keeps its offshore fleet busy with new charters
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 →
