Dec. 30 (OE) Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander. The contract was awarded following the same competitive tender process that led to six previous four-year RSV contracts announced earlier. The Skandi Commander will be equipped with both a... Continue Reading →
Petrobras has approved the final investment decision (FID) for the development of the Sergipe Deep Waters Module 2 (SEAP II) project in the Sergipe-Alagoas Basin.
Dec. 30 - Petrobras has approved the final investment decision (FID) for the development of the Sergipe Deep Waters Module 2 (SEAP II) project in the Sergipe-Alagoas Basin. The project is strategic for expanding the availability of domestic gas, as well as opening a new production frontier in the Northeast region. The SEAP II project... Continue Reading →
Guyana’s oil revenues surpassed $8 billion in fourth quarter
Dec. 29 (oilnow.gy) Guyana’s total revenues from oil production have climbed to over US$8 billion since output began in December 2019, bolstered by rising production from offshore projects operated by ExxonMobil. Cumulative revenues from oil sales and royalties exceeded US$8.25 billion, according to Bank of Guyana reports, with the milestone reached in October when inflows from crude... Continue Reading →
Exxon’s Yellowtail project averaged 258,000 b/d in November, exceeding design rate
Dec. 29 (oilnow.gy) ExxonMobil’s Yellowtail offshore oil project in Guyana averaged 258,000 barrels per day (b/d) in November, exceeding its 250,000 b/d design capacity, according to newly released government data. Total offshore output across the four producing developments in Guyana’s Stabroek Block averaged about 894,000 b/d in November, up from 841,000 b/d in October, the data... Continue Reading →
Large Brazilian union rejects Petrobras proposal to end strike
Dec 26 (Reuters) - Brazilian union Sindipetro-NF, one of the largest representing Petrobras (PETR3.SA), opens new tab workers, has rejected the most recent proposal by the state-run oil firm to end a 12-day-long strike, it said in a statement on Friday. Sindipetro-NF represents about 25,000 workers in the oil industry, including ones in Petrobras' offshore oil platforms... Continue Reading →
OceanPact Signs Contract of Approximately R$ 500 Million with Petrobras
Dec. 23 - OceanPact, which operates in maritime support, has signed another four-year contract with Petrobras, worth approximately R$ 500 million, for the chartering of the vessel Rochedo de São Paulo. The scope of the contract includes the handling and maintenance of offloading hoses – large hoses used in the transfer of oil between maritime... Continue Reading →
Brazil Closes 2025 with a Record Number of Exploration Blocks Under Contract
Dec. 23 (PN) The year ends with a new important milestone for Brazil's oil and gas sector. The country will close 2025 with 433 exploration blocks under contract, the highest number in history, according to data from the National Petroleum Agency (ANP). The best result until then had been recorded last year, when there were... Continue Reading →
Petrobras Resumes Operation of Platform P-68 After Fire Incident
Dec. 23 (PN) Everything is fine with the P-68 floating production, storage and offloading (FPSO) vessel, which has resumed production in the Berbigão field, in the pre-salt layer of the Santos Basin. The unit's operation was suspended last Friday (19th) after a fire broke out in the water treatment unit panel of the platform. Production... Continue Reading →
Key Petrobras field hits output pace equivalent to 1 million bpd, sources say
Dec 23 (Reuters) - Brazilian state-run oil firm Petrobras' Tupi field briefly reached a production pace this week that, if sustained for a full day, would amount to 1 million barrels, three sources familiar with the matter told Reuters. The milestone suggests that the field, once Brazil's largest, is on track to return to output... Continue Reading →
Brazilian National Petroleum Agency (ANP) Gives Green Light for Start of Operations of FPSO P-78 in the Búzios Field
Dec. 22 - The Brazilian National Petroleum Agency (ANP) has given its approval for the start of operations of the FPSO P-78 in the Búzios field, in the pre-salt layer of the Santos Basin. The vessel has a production capacity of 180,000 barrels of oil, in addition to compressing 7.2 million m³ of gas per... Continue Reading →