Italy’s Eni SpA was among companies winning rights to produce oil in the shallow waters off Mexico’s Gulf coast as the country’s second auction drew more bids for more money than expected. The National Hydrocarbons Commission awarded three out of five Gulf of Mexico offshore contracts to Eni’s ENI International B.V. and two company partnerships... Continue Reading →
Petrobras to cut another ten drill rigs from their portfolio in 2016
Petrobras to cut another ten drill rigs from their portfolio in 2016 The portfolio of Petrobras drill rigs should be reduced to 35 units in 2016 due to the negotiations with the drilling companies to reduce daily fees and court costs. The projection is from the E & P division at Petrobras , down from... Continue Reading →
Petrobras – Third well confirms light oil potential in Carcará area at Santos Basin pre-salt
Petrobras - Third well confirms light oil potential in Carcará area at Santos Basin pre-salt 09/28/2015 Rio de Janeiro, September 28, 2015 – Petrobras informs that the drilling of the third well in Carcará area (Block BM-S-8), located at Santos Basin´s ultra-deep waters, confirmed the light oil potential in pre-salt’s reservoirs. The well 3-SPS-104DA (Petrobras... Continue Reading →
Brazil’s Petrobras says invited SBM Offshore for tender
Brazil's Petrobras says invited SBM Offshore for tender SAO PAULO, SEPT 28 Reuters Brazil's state-run oil firm Petroleo Brasileiro SA said on Monday it had invited Dutch oil platform leasing company SBM Offshore NV to participate in future tender contracts after contacting prosecutors and the country's CGU comptroller. SBM said earlier on Monday it had... Continue Reading →
Brazil’s Odebrecht O&G seeks new lease, other options after rig returned
Brazil's Odebrecht O&G seeks new lease, other options after rig returned SAO PAULO, SEPT 24 Brazilian drillship builder Odebrecht Oleo e Gas is seeking another leasing deal or other alternatives, the company said on Thursday, following a decision by state-run oil company Petrobras to return one of its rigs. Marcela Drehmer, the chief financial officer... Continue Reading →
Gulf Rig Supplier May Be First to Exit Oil-Slump Bankruptcy
Hercules Offshore Inc. may become the first big energy-sector business to exit bankruptcy since the crude slump triggered insolvencies among oil and gas drillers and the companies that serve them. Hercules, the owner of the largest fleet of shallow-water drilling rigs in the Gulf of Mexico, won court approval of its reorganization plan Thursday, less... Continue Reading →
Petrobras ends contracts for two World Wide Supply PSVs
Petrobras ends contracts for two World Wide Supply PSVs zoom World Wide Supply AS, a company providing offshore shipping services for the global petroleum industry, has received notice of early termination of contracts for two of its platform supply vessels (PSVs) from Brazilian oil and gas giant Petrobras. Namely, the contracts were terminated for two 2013-built... Continue Reading →
Petrobras scraps deals for three Ultrapetrol’s vessels
Petrobras scraps deals for three Ultrapetrol’s vessels After early termination of contracts forWorld Wide Supply and Siem Offshore‘s vessels, Petrobras also terminated contracts for three Ultrapetrol’s platform supply vessels (PSVs). Namely, Ultrapetrol, an industrial transportation company serving marine transportation needs in river business, offshore supply business, and ocean business, announced Monday that it has received notification from... Continue Reading →
Statoil Brazil awards Peregrino OMM contract to Wood Group
Statoil Brazil awards Peregrino OMM contract to Wood Group On behalf of the Peregrino licence partners, Statoil is awarding a contract to Wood Group to provide four-year operations and maintenance for our two wellhead platforms (Alpha and Bravo) and modification services for both units and the FPSO Peregrino. A well head platform on the Peregrino... Continue Reading →
Petrobras – Clarification on News: Rental of Drilling Rigs/Sete Brasil – Further Explanation
Petrobras - Clarification on News: Rental of Drilling Rigs – Further Explanation 09/15/2015 Rio de Janeiro, September 15, 2015 – Petróleo Brasileiro S.A. – Petrobras hereby responds to Official Letter 354/2015/CVM/SEP/GEA-1, which requests the following clarifications: Official Letter 354/2015/CVM/SEP/GEA-1 “We report hereby to the to the above Official Letter, we request that you verify about... Continue Reading →
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