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Petróleo Brasileiro S.A. – Petrobras informs that today it signed a contract with Keppel Shipyard Limited for the construction of the P-83 platform, as a result of the advancement of the Búzios field development project, in the Santos Basin pre-salt area. The P-83 will be able to produce up to 225 thousand barrels of oil... Continue Reading →
Italian contractor Rosetti Marino has been awarded a contract by TotalEnergies for the construction of the Fenix project platform, which will be installed 60 km off the coast of Terra del Fuego in southern Argentina. This comes days after TotalEnergies announced a final investment decision for the Fenix gas development, the world’s southernmost gas project. TotalEnergies and... Continue Reading →
Italian oilfield services giant Saipem has won two new contracts in Ivory Coast worth around one billion euros in total. The contracts have been assigned by ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development of the oil and gas field offshore Ivory Coast located at a 1,200 m water depth.... Continue Reading →
(U) Petrobras is confident of getting over the final hurdle and obtaining environmental permits to drill at a location close to the maritime frontier of French Guiana Brazil's Petrobras is set to conduct a pre-operational simulation as the final step to obtaining environmental permits to drill a landmark wildcat in the northern Brazilian offshore play... Continue Reading →
(OE) GustoMSC and NOV Lifting & Handling said Tuesday they had developed a solution to improve offshore wind turbine blade installation efficiency. "Blades are highly susceptible to wind loads, so they currently take the most time to install," the companies said. The solution has been named Sjøhest - Norwegian for “seahorse." "Like the seahorse’s unique... Continue Reading →
(U) The Brazilian government forecasts the country’s oil production will grow 70% by the end of the decade, propelled by multibillion-dollar investments from state-controlled company Petrobras and other operators. Brazil is recovering faster when compared to the world’s largest economies, Mines and Energy Minister Adolfo Sachsida said Monday during the opening ceremony of the Rio... Continue Reading →
Australia’s oil and gas company Karoon Energy has decided to postpone intervention activities on the fourth well at a field, located offshore Brazil. As a result, a Maersk Drilling-owned semi-submersible rig, which was used during the three-well intervention campaign, will now carry out drilling operations on another Brazilian field for Karoon. Back in April 2021,... Continue Reading →
(U) Brazil has for decades been the king of the floating production, storage and offloading vessel market, and it should easily retain the crown for years to come as oil companies operating in the South American nation continue to opt for FPSOs to develop their hydrocarbon resources. Petrobras already has dozens of FPSOs spread across... Continue Reading →
(U) After years of uncertainty and stagnation, the offshore drilling market is making a comeback in 2022, with demand for rigs rebounding around the world. Brazil, one leg of the “golden triangle” of offshore oil and gas — the other two being the Gulf of Mexico and West Africa — is expected to lead rig... Continue Reading →
50 out of the 114 Vestas V164-10.0 MW turbines have been installed at the 1.1 GW Seagreen offshore wind farm, Scotland’s largest and the world’s deepest fixed-bottom offshore wind farm. (OW) The wind turbines are being transported from Vestas’ turbine marshalling base at Able Seaton Port in Hartlepool and installed at the site by Cadeler’s... Continue Reading →
Brazil Energy Insight 