CHC helicopter operator lands new million-dollar deals with Brazilian oil & gas giant

Brazilian state-owned energy giant Petrobras has awarded several new contracts to CHC do Brasil, part of CHC Helicopters, for offshore transport services in Brazil. CHC revealed on Friday that it has signed five exclusive contracts with Petrobras, valued in millions. However, the firm did not disclose the exact value of these agreements, which have been secured for offshore transportation of... Continue Reading →

January 13, 2023 0

Welligence Global Offshore Drilling Outlook

(OE) Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year. The majors will drive much of the activity in their core regions, along with Petrobras, the world’s leading deepwater operator. And while there are far fewer independents active in the offshore today compared to 10 years ago, Welligence still anticipates... Continue Reading →

January 12, 2023 0

Three Forum ROVs get to work on Petrobras’ oilfields

Forum Energy Technologies (FET) has delivered three work-class remotely operated vehicles (ROVs) to Brazil-based OceanPact for deployment on Petrobras’ oilfields. The three 200HP Perry XLX-C ROVs, manufactured at FET’s UK facility at Kirkbymoorside, North Yorkshire, will be deployed on two of OceanPact’s vessels to support inspection, repair and maintenance (IRM) services for the oilfields of Brazil’s... Continue Reading →

January 10, 2023 0

Petrobras reinforces security at refineries after threats

(Reuters) - Petroleo Brasileiro SA (PETR4.SA) stepped up security at its refineries in a precautionary measure after threats against assets, including Brazil's biggest fuel plant, two company officials said, speaking on condition of anonymity. The threats were detected by Petrobras' intelligence unit monitoring social media communications of supporters of Brazil's far-right former President Jair Bolsonaro, the two... Continue Reading →

January 9, 2023 0

Lula Team Wants to Halt Petrobras Sale of Natural Gas Assets

(Bloomberg) -- Brazil’s state-controlled oil giant Petrobras should abandon planned divestments in refining and natural gas and expand in those areas instead, according to a detailed report from President Luiz Inacio Lula da Silva’s transition team. The document, drafted in late 2022 by a group of energy experts aligned with Lula, recommends that Petrobras start... Continue Reading →

January 7, 2023 0

Petrobras intends to launch tender for the charter of FPSOs for Sergipe Aguas Profundas in January

(PH) Petrobras to launch as soon as possible the notice for the charter of the two Floating Storage and Transfer Units (FPSOs) for Sergipe Aguas Profundas (SEAP). According to the website, the state-owned company intended to publish the notice at the end of last year awaiting the approval of the project's partners, the companies Bharat... Continue Reading →

January 7, 2023 0

Petrobras on UN initiative with a focus on methane emission reduction.

Petróleo Brasileiro S.A. – Petrobras has taken another important step towards a low-carbon future: it has signed an agreement with the Oil & Gas Methane Partnership 2.0 (OGMP), a global initiative coordinated by the UN dedicated to the quantification and management of methane emissions, focusing on climate change mitigation. Recognized as the industry's most relevant... Continue Reading →

January 6, 2023 0

2023 Forecast:: Led by Brazil, Offshore Oilfield Services Spending to Rise

Figure 1: Courtesy Rystad Energy About the Author: Matt Hale is a Lead Analyst at Rystad Energy, based in Houston, Texas. He covers oilfield services including seismic, drilling, intervention, and abandonment markets. Offshore exploration and production (E&P) capital expenditures (capex) will shake off the pandemic-induced declines of the past two years and rebound by 20%... Continue Reading →

January 6, 2023 0

Brazil: Oil production drops 4.6% in November

The total production of Oil and Natural Gas for the month of November 2022 was 3.978 million barrels of oil equivalent per day (boe/d), of which 3.095 million barrels of oil per day (bbl/d) and 140.380 million cubic meters of natural gas per day (m³/d). In oil, there was a reduction of 4.6% in comparison... Continue Reading →

January 4, 2023 0

Brazil’s Petrobras names interim head after CEO departs

(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) said on Wednesday its board of directors had approved the early departure of chief executive officer Caio Paes de Andrade, which will take effect immediately. Reuters had first reported on Tuesday, citing sources, that Andrade had informed the board of directors of his resignation, ahead of the end of his... Continue Reading →

January 4, 2023 0

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