Brought to you by Quest Offshore & Southern Cone Consultants
Petróleo Brasileiro S.A. – Petrobras informs that it is reassessing the date for the start of operation of the Route 3 Integrated Project, scheduled for the second half of 2022, due to the demobilization of the workforce of the company SPE Kerui-Método, responsible for the works of the Natural Gas Processing Unit (UPGN) of the... Continue Reading →
(PN) The platform ship (FPSO) Anna Nery left the Cosco Qidong shipyard in China and began its journey to Brazil. In the next two weeks, the vessel will carry out navigation tests in Chinese waters. It will then make stops in Singapore and Mauritius, to refuel and change crews. The arrival in Brazil is scheduled... Continue Reading →
(Reuters) - Italy's Saipem (SPMI.MI) has raised around 1.395 billion euros ($1.4 billion) to stabilise its finances, the energy services group said on Monday, adding that around 70% of the new shares it was issuing in a cash call were subscribed. Last month Saipem launched a 2 billion euro hyper-dilutive capital increase, which was open until Monday,... Continue Reading →
(OM) Petrobras has awarded Tenaris a four-year contract for the supply of a comprehensive package of products and services for its Buzios deepwater project. Located in the presalt Santos Basin, Buzios production is expected to reach 2 MMbbl/d by 2030, up from a current 0.7 MMbbl/d. This equals approximately 70% of today’s total production in Brazil. The total... Continue Reading →
Norwegian shipping company Siem Offshore has won a long-term contract for one of its oil spill recovery vessels (OSRVs), which will carry out operations offshore Brazil. Siem Offshore revealed on Thursday that it has signed a new contract for its oil spill response vessel Siem Maragogi. No financial information about this deal was disclosed. The three-year deal... Continue Reading →
(PN) PRIO announced that it has started production at the ODP4 well, in the Frade field, in the Campos basin. The oil company received approval from the Brazilian Institute for the Environment (Ibama) for new drilling activities in the asset. The ODP4 well is particularly special, as it is the first in Frade's revitalization program.... Continue Reading →
German engine manufacturer MAN Energy Solutions has been hired by Malaysia’s Yinson to supply a total of seven compressor trains for an FPSO vessel, which will be deployed off the coast of Brazil. MAN Energy Solutions revealed on Thursday that it has been commissioned by Yinson to provide five centrifugal compressor trains for gas production and export. The... Continue Reading →
(Valor) The result of Petrobras' billion-dollar international tender for the construction of two platform ships aimed at producing pre-salt oil could have been different if more companies had participated in the process, increasing competition and reducing unit prices, sources say. The tender aimed to build platforms P-80 and P-82, for exploration of pre-salt deposits, in... Continue Reading →
Hexicon AB’s TwinHub floating wind project in the Celtic Sea was successful in the latest UK Government's Contracts for Difference (CfD) Allocation Round (AR4). Hexicon has been awarded a CfD for its 32MW floating wind project at a strike price of £87.30/MWh (2012 real prices) taking the project a significant step closer to completion. The... Continue Reading →
(OED) Offshore drilling firm Valaris said this week it has recently secured offshore drilling contracts and extensions worth $466 million in total, with the majority of the new backlog filled by a $327 million drillship deal with Equinor in Brazil. The company CEO Anton Dibowitz said he saw a constructive outlook for the offshore drilling industry, as... Continue Reading →
