zoomAmpelmann E-type gangway; Image source: Ampelmann Dutch offshore access solutions provider Ampelmann has been awarded a contract by SBM Offshore in support of an FPSO maintenance campaign in the Espírito Santo Basin offshore Brazil. Ampelmann said on Monday that the contract entails the provision of an E-type gangway system in January 2017, with a scope... Continue Reading →
PLSV Skandi Vitoria lands Petrobras gig
zoom Brazilian oil company Petrobras has awarded the Brazilian-built pipe-lay support vessel (PLSV), Skandi Vitória, a contract of 532 days. The vessel is owned through a joint venture between the Norwegian shipping company DOF and the French oilfield services provider Technip. DOF said on Monday that the contract with Petrobras will start in January. Skandi... Continue Reading →
Subsea 7’s PLSV terminated early as Brazilian-flagged vessel takes over
Subsea engineering, construction and services company Subsea 7 on Monday announced the early termination of the day-rate contract for its pipe-lay support vessel (PLSV), Seven Mar. The 2001-built vessel was working for Petrobras, offshore Brazil, and the termination is effective from January 16, 2017. The contract was due to expire in 2018 and as... Continue Reading →
PETROBRÁS RECEIVES NEW FINES FOR LOCAL CONTENT INDEX VIOLATIONS
January 13, 2017 In the first three audits conducted by the National Petroleum Agency (ANP) to verify compliance with local content, Petrobras was fined in all of them. The state-owned company was punished for not reaching the percentages in blocks REC-T-181, in the Recôncavo Basin; and S-M-1480 and S-M-1482, in the Santos Basin. In the... Continue Reading →
Halliburton pens deepwater tech deal with Petrobras
Halliburton pens deepwater tech deal with Petrobras | Offshore Energy Today zoom Oilfield service provider Halliburton has signed a technology cooperation agreement with Brazilian oil company Petrobras for advanced collaboration in deepwater pre-salt and mature fields. Halliburton said that the multi-year agreement would facilitate the development of innovative solutions in geophysics, drilling and completions, reservoir... Continue Reading →
Platform for Libra is only feasible with flexibility of local content, says Petrobras
The consortium of the promising pre-salt Libra area in the Santos Basin needs to be released from the current local content obligation so that the pilot platform for the project, scheduled for 2020, will be tendered, according to Solange Guedes, Petrobras Exploration and Production director. The executive is confident in a waiver from the... Continue Reading →
Petrobras – U$ 42 billion in assets that can be sold
12/01/2017 According to the company's chief financial officer, Ivan Monteiro, Petrobras has a portfolio of assets of U$ 42 billion that can be sold. The amount includes US $ 1.5 billion the unfulfilled part of the divestiture plan for the period 2015/2016, whose goal was to sell US $ 15.1 billion, but closed at... Continue Reading →
Petrobras to invest $19 billion, has cash for two-and-a-half years: executives
Petróleo Brasileiro SA expects to spend 30 percent more in exploration, production and refining projects this year, signaling that efforts to cut debt and preserve cash are helping Brazil's state-controlled oil company regain investment capacity. Chief Executive Officer Pedro Parente told reporters at an event in Rio de Janeiro that capital spending at Petrobras (PETR4.SA)... Continue Reading →
PETROBRÁS INVITES 30 FOREIGN COMPANIES TO BID FOR THE NATURAL GAS PROCESSING UNIT (NGPU) AT COMPERJ
Jan, 2017 The optimism and expectation surrounding the Natural Gas Processing Unit of the Rio de Janeiro Petrochemical Complex (Comperj), which would be the only work planned for the 2015-2019 Investment Plan, seems to be revived after the uncertainties of last year . And there is a strong reason for this: Petrobras has just... Continue Reading →
CORRECTED-Petrobras to invest $19 bln in 2017, sees cash enough for 2 1/2 years
Reuters Wed Jan 11, 2017 | 8:28am EST CORRECTED-Petrobras to invest $19 bln in 2017, sees cash enough for 2 1/2 years (Corrects to say 2017 instead of 2019 in headline, paragraph 1) RIO DE JANEIRO Jan 11 Petróleo Brasileiro SA expects to spend $19 billion in exploration, production and refining projects this year, above... Continue Reading →