SBM Offshore is pleased to announce the proposed appointment of Øivind Tangen as Chief Operating Officer (COO) and member of its Management Board. Øivind Tangen (1973, Norwegian) has been working for the Company for 19 years and has a wealth of experience in engineering and operational roles, as well as in strategy and project execution.... Continue Reading →
Enauta shuts down Brazilian field to prepare for pipeline repair
Brazilian oil and gas company Enauta has stopped production from the Atlanta field, located offshore Brazil, for inspection and repair following a pipeline issue. Enauta disclosed the preventive stoppage of production at the Atlanta field on Thursday. The firm explained the production at the field was stopped for inspection and repair of a production line... Continue Reading →
Brazil’s Petrobras increases LNG imports by 200% in 2021
(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) announced on Wednesday it imported a record 23 million cubic meters per day of liquefied natural gas (LNG) in 2021, a volume around 200% higher than the one recorded in the previous year. The record occurred during a year of strong thermoelectric demand in Brazil, due to the worst... Continue Reading →
Special Flexible Lines for Six Pre-salt Projects – Petrobras
(PetroleoHoje) Petrobras will acquire up to 291.9 km of special flexible lines for the Buzios, Tupi, Sapinhoa, Atapu, Berbigao and Sururu fields, located in the Santos cluster. The oil company has launched a tender for the supply of the material, which will have to be non-susceptible to the phenomenon of SCC-CO2. The bidding will mark... Continue Reading →
Petrobras Discovers Gas in Pre-salt Block
(PetroleoHoje) Petrobras found evidence of gas in the Três Marias block, in the pre-salt layer of the Santos Basin. The discovery, carried out on the 10th, was made in a water depth of 2,223 mts. The wildcat well was drilled in October by Diamond's Ocean Courage rig. The Três Marias area was acquired in the... Continue Reading →
TechnipFMC de-lists from Euronext, sells £100m stake in TechnipEnergies
TechnipFMC has decided to de-list from the Euronext Paris after selling off a chunk of its holding in spin-off firm TechnipEnergies. The firm said it has refocused as a “pure-play technology and services provider” and that a single listing on the New York Stock Exchange best suits it going forward. TechnipFMC completed a planned split with TechnipEnergies... Continue Reading →
Saipem Wins $1.1B in Offshore Contracts in Guyana and Australia
talian offshore oilfield services company Saipem has won $1.1 billion worth of offshore contracts in Australia and Guyana with Woodside and ExxonMobil, respectively. In Australia, Woodside has granted Saipem the Notice to Proceed (NTP) for a contract related to the Scarborough project. Saipem will complete the export trunkline coating and installation of the pipeline that... Continue Reading →
Petrobras Received License to Begin Seismic Campaign in Tupi and Iracema Fields
(PN) Petrobras announced that it has received a license from the Brazilian Institute for the Environment (Ibama) for 3D seismic survey activity in the Tupi and Iracema fields, in the Santos Basin. The document will be valid for 1 year and 30 days. Data acquisition will be carried out by Shearwater Geoservices do Brasil. The... Continue Reading →
Strong FPSO market expected to continue, Rystad
The market for floating production, storage, and offloading (FPSO) units almost brushed off the pandemic’s effect in 2021 and is likely to continue apace in 2022, with 10 new awards expected, according to a Rystad Energy report. Two lease contracts were awarded in the fourth quarter of 2021, bringing the total for the year to... Continue Reading →
Eni Extends BW Offshore’s Abo FPSO
(OE) Italian oil company Eni has extended its contract for BW Offshore's Abo floating production storage and offloading (FPSO) vessel for another year. The FPSO's owner BW Offshore said Thursday it has signed the extension with Eni's subsidiary Nigerian Agip Exploration. Under the extension, the FPSO, used for production from the Abo field offshore Nigeria,... Continue Reading →