July 22, 2019 Operators are expected to drill approximately 250 development wells by 2020, a quarter of which (65) in the Santos Basin, according to ANP projections. The other basins with development commitments planned for next year are Potiguar (53), Sergipe (46), Campos (41), Espírito Santo (29), Recôncavo (13), Parnaíba (3) and from Alagoas (3).... Continue Reading →
Two-year contracts for Constellation’s semi-sub trio
The Brazilian offshore drilling firm Constellation has been awarded three new contracts with Petrobras for its offshore drilling rigs. Constellation said Monday that Petrobras had hired its three ultra-deepwater semi-submersible drilling rigs Alpha Star, Gold Star, and Lone Star. The contracts are for two years each. All three rigs entered service in the 2010-2011 period.... Continue Reading →
Further on the sale of the shallow water Enchova and Pampo clusters in the Campos Basin
The Enchova and Pampo clusters include ten fields, but not all produce Trident Energy has submitted the best offer of US $ 1 billion for the acquisition of the fields that encompass the Enchova and Pampo clusters in the shallow waters of the Campos Basin. This is the third time Petrobras has tendered the areas.... Continue Reading →
Sepia modules bound for China
July 19, 2019 The Brasfels shipyard, in Angra dos Reis (RJ), will no longer complete and integrate the FPSO Carioca modules, contracted by Petrobras to Modec to operate in the Sepia field, in the Santos Basin. Contrary to what was originally planned, the modules under construction in Brazil will be taken to China to be... Continue Reading →
Petrobras reports on bidding to acquire the Pampo and Enchova poles
July 19, 2019 – Petróleo Brasileiro S.A. - Petrobras informs that in the scope of the bidding process for total disinvestment of Petrobras' interests in Pampo and Enchova Poles in Campos Basin, Trident Energy has delivered the best final bid for assets acquisition. Regarding media reports about this operation, the Company clarifies that the price... Continue Reading →
Petrobras picks Warburg Pincus-backed Trident in oilfield re-bid – Pampo and Enchova
Brazilian oil company Petroleo Brasileiro SA has chosen a bid from Warburg Pincus-backed Trident Energy as the winner in a final “re-bid” for two oilfields, three sources with knowledge of the matter said. Petrobras, as the Brazilian state-run oil company in known, will fetch nearly $1 billion, two of the sources said. The firm received... Continue Reading →
Petrobras clarifies fuel supply for Iranian vessels
July 19, 2019 Petróleo Brasileiro S.A. - Petrobras clarifies media reports related to the supply of fuel to two Iranian vessels. Petrobras did not provide fuel to the exporting company because the Iranian vessels it contracted and the Iranian company that owns those vessels are sanctioned by the United States and are listed in the... Continue Reading →
Rystad: Offshore project sanctioning in 2019 on track to surpass 2014 levels
This is yet another signal that the offshore industry has turned a corner and can reach a potential project commitment total of $123 billion in 2019, surpassing commitments in 2014 of $78 billion, according to Rystad Energy. The Marjan Expansion alone is the largest field to be sanctioned globally since 2014. Later this year, the... Continue Reading →
GranEnergia gets accommodation job from Petrobras
Brazil’s GranEnergia has been awarded a 93-day contract by Petrobras to support the P31 and P-50 FPSO maintenance campaign with its DP3 accommodation Floatel CSS Olympia. The first campaign, P-31 turret-moored FPSO is located in the Albacora field of the Campos Basin offshore Brazil. The FPSO is located in 330m water depth. The compact semi-submersible... Continue Reading →
Petrobras informs on negotiations with the government of Uruguay
July 16, 2019 The President of Petrobras, Roberto Castello Branco, and the President of Uruguay, Tabaré Vázquez, met with the objective of seeking a definitive solution on the disputes arising from the concessions of Conecta SA and the Gas Distributor of Montevideo SA. The presidents reached the bases of an agreement, by which: a) The... Continue Reading →