Category: Offshore production

Indonesia’s state-owned oil company explores investments in Guyana, Suriname

Sept.18 (oilnow.gy) Indonesia’s state-owned energy company PT Pertamina is exploring upstream oil and gas investments in Guyana and Suriname to secure more reliable energy sources. Indonesia’s Ministry of Foreign Affairs confirmed that the company has started preliminary discussions on exploration and investment opportunities in the two South American countries. Indonesian state news agency ANTARA News... Continue Reading →

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OceanPact and CBO complete business combination, with a contract backlog exceeding R$ 14 billion

Sept.17 (PN) OceanPact and CBO confirmed this week the completion of their business combination, following final approval from the Administrative Council for Economic Defense (Cade) and the fulfillment of other conditions precedent. With the integration, CBO becomes part of OceanPact, while the Shipping unit is renamed OceanPact CBO. Upon completion of the transaction, the combined... Continue Reading →

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Petrobras signs 8 production sharing contracts in Côte d’Ivoire

Sept. 17 - Petrobras informs that its wholly-owned subsidiary Petrobras Netherlands B.V. (PNBV) has signed, with the Republic of Côte d’Ivoire and PETROCI Holding, Production Sharing Contracts (PSCs) for eight offshore exploration blocks located in the Republic of Côte d’Ivoire.  The PSCs cover the offshore blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702. Petrobras, through PNBV,... Continue Reading →

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Vallourec secures major contract with Subsea7 for Petrobras’ Sepia 2 offshore project in Brazil

Sept. 16 - Vallourec—a global leader in premium seamless tubular solutions—announces that it has secured a major contract with Subsea7 to supply seamless carbon steel line pipe and thermal insulation coating for the Sepia 2 project, developed by Petrobras in the pre-salt region of the Santos Basin, offshore Brazil. This award follows the EPCI (Engineering,... Continue Reading →

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Petrobras Taps Strohm for Deepwater Pipe Supply

Sept. 14 (OE) Petrobras has awarded Strohm a contract to supply thermoplastic composite pipes for water injection and gas lift applications in Brazil's deepwater post-salt cluster, with the technology to be tested in water depths of up to 1,500 metres. The contract with Strohm and its subsidiary Strohm Brasil also covers qualification testing, project engineering,... Continue Reading →

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Petrobras set to approve Yinson’s proposal for Albacora, sources say

Sept. 13 (agencuainfra.com) Petrobras is expected to approve the proposal submitted by the Malaysian builder and operator Yinson for the Albacora FPSO (P-88), a Petrobras project in the Campos Basin. Sources at the state-owned company told Agência iNFRA that, despite concerns raised privately by competitors, the project design complies with the requirements. Companies that participated... Continue Reading →

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