By Fabio Palmigiani Rio de Janeiro 28 October 2016 00:00 GMT Brazilian oil giant working with fabricators and yards to bring already-contracted units into play by 2019 Petrobras is working closely with fabricators and shipyards in Brazil and China, as it looks to bring 11 already-contracted floating production, storage and offloading vessels into operation over... Continue Reading →
Petrobras reveals Libra FPSO plans
Pioneira de Libra FPSO: integration work 80% complete By Fabio Palmigiani in Rio de Janeiro 27 October 2016 19:27 GMT Brazil’s Petrobras has unveiled plans to install four large floating production, storage and offloading vessels at the giant Libra field in the Santos basin pre-salt province by 2023, as it looks to speed up development... Continue Reading →
Statoil aims for big piece of Brazil gas market
Gas target: Statoil's Brazil country manager Paal Eitrheim By Gareth Chetwynd in Rio de Janeiro 26 October 2016 23:19 GMT Statoil believes its two pre-salt projects will be capable of supplying between 10% and 15% of the natural gas to a growing Brazilian market in the future. Statoil's acquisition of operating stakes on Carcara in... Continue Reading →
Total targets Foz do Amazonas
AGENCIA PONTO/IBP 24 October 2016 12:47 GMT By Mark Hillier and Gareth Chetwynd in Rio de Janeiro 26 October 2016 14:39 GMT French giant Total is aiming to give the green light before the end of this year to plans to kick off exploration drilling in the first half of 2017 in Brazil's frontier Foz... Continue Reading →
Brazil regulator puts number on Carcara
Carcara: More than 2 billion barrels up for grabs PETROBRAS By Gareth Chetwynd 25 October 2016 22:16 GMT The portion of the Carcará discovery that overlaps onto open acreage has close to 2.2 billion barrels of oil equivalent in place, meaning bidders in the promised 2017 licensing round can chase the right to produce about... Continue Reading →
Petrobras sees Lapa output near ‘immediately’
Coming online: Roberto Moro, Petrobras' chief production development & technology officer Agencia Ponto/IBP By Fabio Palmigiani in Rio de Janeiro 25 October 2016 22:41 GMT Brazilian oil giant Petrobras expects to start output from the Lapa field within days, as the company waits for the final operating licence to kick-start production from its ninth floating... Continue Reading →
Petrobras looks to bring down Libra costs
Cost cutting: Total CEO Patrick Pouyanne (left) and Petrobras CEO Pedro Parente Agencia Ponto By Fabio Palmigiani in Rio de Janeiro 24 October 2016 22:29 GMT Brazilian national oil company Petrobras has put in motion an ambitious plan designed to bring down capital expenditure at the giant Libra pre-salt field in the Santos basin in... Continue Reading →
Latin America’s Largest Oil and Gas Expo Begins in Rio
By Lise Alves on October 25, 2016 Brazil's President Temer says country is creating favorable environment for private, foreign investors to enter pre-salt sector. By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The largest conference in Latin America in the oil and gas sector, Rio Oil & Gas 2016, began on Monday,... Continue Reading →
RigNet and MODEC Sign Agreement to Deliver Fiber-equivalent O3b Satellite Connectivity to Offshore Brazilian FPSO Fleet
/js/libs/html5shiv-printshiv.js Leading global provider of floating production services to the oil and gas industry chooses O3b to help lower costs and improve operational efficiency, gaining significant competitive advantage October 24, 2016 ST. HELIER, Jersey--(BUSINESS WIRE)--O3b Networks, technology solutions company RigNet and floating production service provider MODEC, are pleased to announce an agreement to provide high-throughput,... Continue Reading →
Petrobras and Total form a Strategic Alliance in Upstream and Downstream
Rio de Janeiro, October 24, 2016 – Petróleo Brasileiro S.A. – Petrobras and Total inform that Pedro Parente, CEO of Petrobras and Patrick Pouyanné, Chairman and CEO of Total are signing today, in Rio de Janeiro, a Memorandum of Understanding which sets the general framework for a Strategic Alliance covering Upstream and Downstream activities in... Continue Reading →