Brought to you by Quest Offshore & Southern Cone Consultants
Petróleo Brasileiro S.A. – Petrobras reports that it will release its 1Q21 production and sales Report tomorrow, April 27, 2021 and its 1Q21 financial performance Report on May 13, 2021, both after the markets close. On May 14, 2021 two webcasts will be held, the first in Portuguese and the second in English, to present... Continue Reading →
Oil production in Brazil fell 6% in the first quarter from a year earlier, according to National Petroleum Agency (ANP) figures seen by Reuters on Monday, led by a drop in output from state-run oil giant Petrobras. Brazil produced an average of about 2.8 million barrels per day in the first three months of the... Continue Reading →
(PetroNoticias) The English company Marin Holding International hired the law firm Luzone Legal, specialized in the business area and in the oil and gas sector, to sue Petrobras for possible losses arising from the services provided by the vessel, Vitoria 10,000. As a reminder, the case is one of the most emblematic in the oil... Continue Reading →
(PetroNoticias) EIG Global Energy Partners concluded the sale of its 27.5% stake in Transportadora Gasoduto Bolivia-Brasil (TBG). The stake was negotiated with the Belgian group Fluxys, active in the natural gas infrastructure sector. The deal was announced by the two companies in January this year, but the transaction figures have not been revealed. With the... Continue Reading →
(TNPetroleo) The accumulated production since 2017, in the three contracts under a sharing regime, reached 50.4 million barrels of oil in February. The Mero Development Area was responsible for 68% of the production in the period. The total accumulated share of the Union's oil surplus has stood at 8.3 million barrels of oil since 2017.... Continue Reading →
Dutch offshore services provider Fugro has won a deal with offshore transportation and installation firm Jumbo Maritime to provide providing positioning and construction support services on the Mero 1 deepwater field development, offshore Brazil. Using its navigation suite and augmented reality camera system Fugro is supporting Jumbo in the installation of 35 subsea torpedo piles and... Continue Reading →
(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) today announced that it has been awarded a significant(1) subsea contract from Petrobras (NYSE: PBR) for the Marlim and Voador fields, located offshore Brazil. “We are very excited to bring new technology and automation capabilities to this project through the use of the RVC to operate the manifolds. Our innovations... Continue Reading →
(Pulse) Korean shipyards enjoying a new heyday from revived commerce and oil activity have their hopes up for another windfall from offshore drilling facilities after years of inactivity. Korea Shipbuilding & Offshore Engineering Co. (KSOE) and Daewoo Shipbuilding & Marine Engineering Co. (DSME) are said to be bidding for a $4.6 billion worth order from... Continue Reading →
(Reuters) Joaquim Silva e Luna, the new chief executive of Brazil's Petrobras (PETR4.SA), will look to respect the company's current pricing policy and keep investing in deepwater assets, he said at his swearing-in ceremony on Monday. The comments by the former army general signaled that Petrobras' incoming administration will attempt to maintain some form of continuity... Continue Reading →
(OE) There's one thing that's certain about the price of oil, it goes up and it goes down, but nobody knows when that will happen, Jim McCaul, an expert in the offshore floating production sector for 30 years, recently said in an interview for Offshore Engineer TV, discussing the past, the present and the future... Continue Reading →
