Thu Jul 6, 2017 Oil production from the first rig to operate in Brazil's Libra area will not start in July as previously planned due to problems installing equipment, Ibsen Flores Lima, president of state-controlled Pré-Sal Petróleo SA, said on Thursday on the sidelines of a conference. Libra is one of the largest oil reserves... Continue Reading →
Brazil’s Petrobras halts output at P-62 platform after accident
Wed Jul 5, 2017 Petróleo Brasileiro SA halted production at its P-62 platform in the Campos basin due to an accident that left three people injured, the state-controlled oil company said on Wednesday. In a statement, Petrobras, as the company is known, said the accident happened at 8:20 a.m. local time (1120 GMT) and led... Continue Reading →
Petrobras extends Fugro’s IRM service deal
Geotechnical, survey, subsea and geosciences services provider Fugro has been awarded a further two-year contract by Petrobras for inspection, repair, and maintenance (IRM) and pipeline inspection services in Brazil. Fugro said on Tuesday that the new award followed the company’s completion of an initial 12-month contract for the oil major, after taking delivery of the... Continue Reading →
Brazil Continues to Dominate the FPSO Market with Most Planned Project Starts
A total of 54 FPSOs are expected to start operations globally by 2021. South America will continue to lead globally with planned deployment of more than 20 FPSOs, followed by Africa and Asia by 2021. Among countries Brazil continues to dominate in terms of deployment of planned FPSOs, followed by the UK and Angola. Petróleo... Continue Reading →
ANP: scenario is optimistic for the 14th round of oil field bids
The National Oil, Natural Gas and Biofuels Agency (ANP) said on Tuesday (27) that the 14th Round of Bids for exploration and production of oil and natural gas has an optimistic scenario in the market. The agency held a public hearing on the subject, with the objective of discussing suggestions for drafting the final text... Continue Reading →
Petrobras to install four new platforms in the Campos Basin
Cristina Indio do Brasil - Agência Brasil reporter Petrobras intends to install four new platforms in the Campos Basin in the coming years. The first will be the FPSO Cidade de Campos de Goytacazes, destined to the production of oil in the fields of Tartaruga Verde and Tartaruga Mestiço. Two other units will operate in the... Continue Reading →
Seabed Geosolutions scores $90M contract in Brazil
zoom Seabed Geosolutions has reportedly been awarded an ocean bottom seismic survey contract in Brazil. The company, a joint venture between CGG and Fugro, has secured a contract with Petrobras for work in the Santos Basin, offshore Brazil. The contract, worth $90 million, is expected to start in late 2017, or in early 2018. Stephan... Continue Reading →
Brazil’s Petrobras halts production after leak in Campos basin
Mon Jun 26, 2017 | 5:54pm EDT The logo of Petrobras, state-controlled Petroleo Brasileiro SA, is seen at their President Bernardes Refinery in Cubatao, Brazil June 8, 2017. REUTERS/Paulo Whitaker Brazil's Petróleo Brasileiro SA halted production at a platform in its Marlin field in the Campos Basin after a "small amount" of water and oil... Continue Reading →
ITC GLOBAL INITIATES INSTALLATIONS TO PROVIDE COMMUNICATIONS SERVICES TO FPSOs IN BRAZIL
June 23, 2017 ITC Global, a provider of satellite communications for remote and difficult environments, announced on Friday that it has begun to deliver communications services to seven FPSOs in Brazil. Platform ships are being equipped with new infrastructure components; and dedicated links are being established for business applications. The company did not disclose the... Continue Reading →
Petrobras negotiates additive on contract for pre-salt equipment in search of safety
Petrobras is negotiating an addendum to the contract with the supplier of equipment TechnipFMC aimed at providing more safety for connections used in the pre-salt production, after two failures in gas-injected pipelines that alerted to possible risks in the country's important oil producing area, revealed The oil company told Reuters. The oil company is now... Continue Reading →