OOS International said that the OOS Gretha completed the gangway lift on September 29 in the Campos Basin, offshore Brazil. According to the Dutch provider of offshore accommodation solutions, the gangway broke off several months ago and the client, Brazilian oil company Petrobras, requested that OOS International assists with the recovery. Before the lift,... Continue Reading →
Petrobras is notified of ANP’s decision on local content in Libra
Rio de Janeiro, October 5, 2017 – Petróleo Brasileiro S.A. - Petrobras informs that, as operator of the Libra Consortium, it has been notified by the National Petroleum, Natural Gas and Biofuels Agency (ANP) of its decision on the consortium´s request for local content exemption for the items and subitems related to the platform subsystem... Continue Reading →
ANP concludes analysis of the exemption request of the Libra consortium
Updated: Wednesday, October 04, 2017, 12:25 PM The ANP analysis was completed for the Libra Consortium's request for exemption from compliance with Local Content for the items and sub-items related to the UEP subsite of the Libra Pilot project. The request was based on the contractual forecast of excessive price, set forth in Clause 25.8... Continue Reading →
Bassoe: Offshore rig market to reach 85% utilization again
High rig utilization isn’t just a dream. It’s a requirement for a meaningful recovery in dayrates. When utilization in the offshore rig market reaches around 85%, dayrates start to rise significantly. As utilization moves from 60%, for example, up toward over 80%, dayrates increase, but once 85% utilization is reached, dayrates normally kick into... Continue Reading →
Ten companies are qualified for the 2nd Round of the Pre-salt and fourteen for the 3rd.
Updated: Tuesday, 03 October 2017, 09:52 The Special Bidding Commission (CEL) concluded the analysis of requests from companies that expressed interest and requested qualification in the 2nd and 3rd Pre-Salt Rounds, which will be held on October 27. Ten companies are qualified for the 2nd Round of the Pre-salt and fourteen for the 3rd. There... Continue Reading →
Petrobras – Sale of Maromba Field in Campos Basin: Start of the binding phase
Rio de Janeiro, October 3rd, 2017 - Petróleo Brasileiro S.A. – Petrobras and Chevron Brasil Petróleo Ltda., further to the Material Fact disclosed on July 6, 2017, inform the start of the binding phase regarding the transfer of Petrobras and Chevron stake in the Maromba Field, in the Campos Basin. At this stage of the... Continue Reading →
Solstad Farstad sells Far Service platform supplier
Norwegian offshore shipping company Solstad Farstad has sold one of its platform supply vessels (PSVs). The sale was made by the Farstad Marine AS, a wholly owned subsidiary of Solstad Farstad ASA to an undisclosed buyer. Solstad Farstad said that the delivery of the vessel to the new owners took place on October 3. The... Continue Reading →
Karoon eyeing ‘hundreds of millions of barrels of oil’ in new offshore block in Brazil
Brazilian oil and gas regulator ANP last week held a licensing round, offering 287 offshore and onshore exploration blocks for oil companies to bid for. Out of the 287 blocks, it offered 76 offshore blocks in the Santos basin, the second largest producer of oil and the first of natural gas in Brazil. Only one... Continue Reading →
Subsea 7 firms up reel-lay vessel order with Royal IHC
Following a letter of intent in September, Royal IHC and Subsea 7 have signed a contract for the design and build of a new reel lay vessel, which will be capable of installing complex rigid flowlines including pipe-in-pipe systems. IHC said on Monday that, in close cooperation with Subsea 7, it had incorporated several innovative... Continue Reading →
Petrobras and Statoil advance on a strategic partnership to optimize the recovery of mature offshore fields
Rio de Janeiro, September 29, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that it signed today the Heads of Agreement (HoA) with the Norwegian company Statoil, in continuity to the Memorandum of Understanding signed in 8/30/2016, through which the companies committed themselves to assessing cooperation opportunities aligned with their business strategies. Under this agreement,... Continue Reading →
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