(PN) The Brazilian Environmental Institute (IBAMA) has granted Norwegian company Equinor the Installation License for the offshore section of the Raia Project gas pipeline, located in the Campos Basin. With the authorization, the company is now beginning work on installing the offshore gas pipeline, which will connect the FPSO Raia to the Cabiúnas unit in... Continue Reading →
Oceaneering looking at up to $90M in revenue thanks to contract with ExxonMobil in Angola
(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has secured a contract with an affiliate of U.S. energy major ExxonMobil to provide remotely operated vehicle (ROV) services and integrated solutions at an offshore block in Angola. Oceaneering Angola and Oceaneering Marine Technologies have been awarded a contract by Esso Exploration Angola (Block 15)... Continue Reading →
Perenco Brings Woodside’s Trinidad Oil and Gas Assets Into Its Fold
(OE) Perenco has completed the acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad and Tobago. The finalization of the deal, combined with Perenco’s existing operation of the Teak, Samaan and Poui (TSP) and Cashima, Amherstia, Flamboyant and Immortelle (CAFI) fields, aligns Perenco as a... Continue Reading →
Floatel Lines Up Work for One of its Accommodation Vessels in Brazil
(OE) Floatel International has signed a Letter of intent for Floatel Victory accommodation vessel to provide Maintenance and Safety Unit (MSU) services offshore Brazil. The MSU assignment is for three to four months. Option to extend the assignment after the firm period has been granted. The start of operations is scheduled for the first quarter... Continue Reading →
Brazilian oil could find new destinations in the face of Trump’s tariffs
(Reuters) - Brazil has logistical and commercial flexibility to preserve the competitiveness of its oil on the international market if the 50% tariff announced by U.S. President Donald Trump on Wednesday comes into effect on August 1, experts told Reuters. Oil is the main product on Brazil's export list to the U.S. and until now was exempt... Continue Reading →
Brazil, Guyana, Argentina Fuel a New Oil Boom
(oilprice.com) At the recent gathering of BRICS nations in Brazil, the members’ joint statement contained an interesting assertion. BRICS leaders said that, while recognizing the need for an energy transition, they “acknowledge fossil fuels will still play an important role in the world’s energy mix, particularly for emerging markets and developing economies.” Luckily for BRICS members, they... Continue Reading →
Subsea7 and OneSubsea pick up work on Equinor’s Bacalhau Field development
(offshore-energy.biz) Norwegian state-owned energy giant Equinor has hired Subsea Integration Alliance (SIA), a strategic alliance combining the strengths of SLB OneSubsea and Subsea7, to handle an assignment related to the next stage of its operated oil field off the coast of Brazil. Subsea7 has confirmed Subsea Integration Alliance’s new contract with Equinor, which puts SIA in... Continue Reading →
Brazilian and Chinese shipyards sign MOUs to develop partnerships
(TN) Brazilian and Chinese shipyards are signing memorandums of understanding to develop technological and commercial partnerships at the Strategic Forum for the Brazil-China Shipbuilding Industry in Rio de Janeiro. The event is a follow-up to President Luiz Inácio Lula da Silva's state visit to China in May. Petrobras and Transpetro are participating in the event... Continue Reading →
Seatrium selects Siemens Energy to supply the compression systems for Petrobras’ new floating production, storage and offloading (FPSO) vessels, P-84 and P-85
(TN) Seatrium has selected Siemens Energy to supply the compression systems for Petrobras’ new floating production, storage and offloading (FPSO) vessels, P-84 and P-85. The project will increase the energy efficiency of the two vessels’ skids by supplying electric motor-driven compressors, marking the debut of a more sustainable generation of platforms for Petrobras. The contract... Continue Reading →
Drillship Tidal Action getting ready for new campaign in the Roncador Field
The drillship Tidal Action, owned by Constellation, is undergoing final preparations before starting a new mission. The unit was contracted by Petrobras to join a new drilling campaign in the Roncador field, in the Campos Basin. The contract, signed in September of last year, also includes the Laguna Star rig, which is already on its... Continue Reading →