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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 →
November 23, 2017 SetecoNews After the two pre-salt auctions, whose balance was considered positive by the government, both in terms of current and future revenues - R $ 6.15 billion in signing bonus and expectation of investments of R $ 600 billion over the 30 years of production in the areas - as well... Continue Reading →
November 23, 2017 Despite the crisis in the market, Oceaneering is betting on the resumption of the Brazilian oil and gas sector in the coming years, and today is concentrating efforts in the tools, autonomous inspection and survey sectors. "Oceaneering is an engineering and solutions company. We are attentive to what is happening in the... Continue Reading →
Singaporean shipyards have held an influential position in the offshore shipbuilding world for years. Now they’re upping their game even more. Aside from a few major project awards like the Johan Castberg FPSO for Statoil (which I’ll go into more detail on below), things don’t seem to have changed much in the offshore shipbuilding industry. ... Continue Reading →
Dutch contractor Heerema Fabrication Group has cut first steel for the Peregrino II jacket, marking the beginning of the construction phase for the Statoil-operated project located off Brazil. The steel-cutting ceremony was held at Heerema’s Vlissingen yard, according to the Dutch company’s Monday update released through its social media channels. The Peregrino jacket will be approximately 135... Continue Reading →
Oilfield services company Archer has received a three-year extension from Statoil for the provision of platform drilling management services on the Peregrino A and B platforms located offshore Brazil. Archer said on Friday that the contract was awarded by Norwegian company’s Brazilian entity, Statoil Brasil Oleo e Gas Ltda., and would begin on December 1,... Continue Reading →
