(PetroNoticias) News in the exploratory campaign of the American ExxonMobil in the Campos Basin. The oil company notified the National Petroleum Agency (ANP) this week about signs of oil and gas found in block C-M-789, in a water depth of 2,681 meters. The discovery was made in well 1-EMEB-1A-RJS (also called Opal-1A). The exploratory campaign... Continue Reading →
TechnipFMC to Take Full Ownership of Well Intervention Firm TIOS
(OE) Oilfield services giant TechnipFMC plans to acquire the remaining 49% of shares in TIOS AS from Island Offshore. TIOS is an offshore well intervention joint venture formed in 2018 between TechnipFMC and Norwegian offshore vessel owner Island Offshore. TechnipFMC said Thursday the move would speed up the development of TechnipFMC’s integrated service model "focused... Continue Reading →
Saipem Posts 1H Loss. Expects Sales Pick-up in 2H
Italian energy services group Saipem on Friday forecast a sales pick-up in the second half after posting an operating loss in the first six months, hurt by the impact of the COVID-19 pandemic and problems with a wind project. The group posted an adjusted operating loss of 266 million euros ($316 million) for the first... Continue Reading →
More red ink for Sembcorp Marine as Covid-19 disruptions linger
Singapore’s marine and offshore engineering player Sembcorp Marine saw its profit and revenues dip in the first half of the year due to project delays and increased costs caused by the Covid-19-related disruptions. Sembcorp Marine on Thursday posted a net loss of S$647 million (about $475.8 million) for the six months ended 30 June 2021 (1H2021), reflecting... Continue Reading →
Oilfield Services Sector Ripe for Consolidation, MSI Says
The offshore drilling sector – challenged by managing an oversupplied, highly competitive market combined with over-leveraged balance sheets, weak liquidity, and stressed financials – is ripe for consolidation, Maritime Strategies International said in a recent report. The latest MODU [Mobile Offshore Drilling Units] Market Report from MSI analyses the sector’s current malaise and concludes that... Continue Reading →
PETROBRAS TO OPEN BIDDING DOCUMENTATION FOR THE CONSTRUCTION OF WELLS IN BÚZIOS ON AUG 9
(PetroNoticias) Petrobras is advancing again in yet another stage in the development of the Búzios field. On the 9th of August, the company will open the envelopes with proposals for the tender for contracting well construction services for the field. The tender will have national coverage and will consist of two excluding lots. The tender... Continue Reading →
ICR Targets Guyanese Offshore Market. Partners with Panthera
ICR Integrity (ICR), an industrial maintenance and integrity company, has partnered up with Guyana-based Panthera Solutions (Panthera) to deliver its Technowrap and Quickflange technologies and other solutions and the booming oil and gas market in the region. Panthera provides fabric maintenance and deck services to offshore energy companies and their suppliers and employs a local... Continue Reading →
SBM Offshore signs FPSO Almirante Tamandaré contracts
SBM Offshore is pleased to announce it has signed contracts with Petróleo Brasileiro S.A. (Petrobras) for the 26.25 years lease and operation of FPSO Almirante Tamandaré. These contracts follow the signing of the binding Letter of Intent as announced on February 25, 2021. FPSO Almirante Tamandaré will be deployed at the Búzios field in the... Continue Reading →
TWO LNG PROJECTS FOR THE PORT OF SUAPE
(PetroleoHoje) Hygo (formerly Golar Power) and Aruanã Energia plan to build two LNG facilities at the Port of Suape, in Pernambuco. Under analysis by the ANP, the projects foresee the use of the same area in the port, which motivated the agency's letter asking for clarification from the Suape administration. This is the Multiple Use... Continue Reading →
ATLANTA BEATS THE MARK OF 18 MILLION BARRELS AND ENAUTA PLANS TO CONTRACT FPSO UNTIL MID 2022
(PetroNoticias) Enauta started the week with good reasons to celebrate. Its main asset, the Atlanta field, reached today the mark of 18 million barrels produced since the beginning of its operation, in May 2018. Located in the Santos Basin, the field today operates through an Early Production System (EPS), the FPSO Petrojarl I, in a... Continue Reading →