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Norwegian oil and gas exploration seismic data company PGS has signed an agreement with Uruguay's state oil company ANCAP to reprocess over 11 000 km of existing 2D lines of various vintages, applying the latest seismic imaging techniques. "This rejuvenation will provide new, reprocessed 2D seismic that will tie with PGS’ existing 15 600 sq.... Continue Reading →
Brazilian oil and gas services provider Ocyan, formerly known as Odebrecht Oil & Gas, has been awarded a contract for an ultra-deepwater drillship by Petrobras for operations in the Santos Basin offshore Brazil. Ocyan said last week that the contract was awarded to the Norbe VIII drillship for a duration of 425 days. The contract was awarded... Continue Reading →
Franco-American oil services firm TechnipFMC Plc said on Thursday it resumed its plan to split itself into two, after delaying the move in March. The group, created nearly four years ago via the merger of Technip and FMC, had been planning to separate its engineering and construction activities from its upstream oil services business. However, it put the... Continue Reading →
Brazilian oil and gas drilling company Constellation has won a long-term contract for its ultra-deepwater drillship Brava Star with the Brazilian oil firm Petrobras. Constellation said this week that the contract for the 2015-built Brava Star drillship was for 810 days and includes a termination for convenience after 180 days subject to a demobilization fee. ... Continue Reading →
This week Petrobras launched a bidding process for chartering one or more vessels for supply, towing and anchor handling (AHTS). The scope of the tender will be national and the deadline for sending proposals has already started. The opening of the bidders' envelopes is scheduled for January 27th. The contract term to be granted by... Continue Reading →
Taking the power to where you want it is another option – perhaps not for compression or pumping system, but potentially for monitoring, inspection, and even intervention systems, such as resident robotics concepts. It’s an idea some have been looking at, such as Ocean Power Technologies, which recently won a DeepStar project award to study... Continue Reading →
AET, a petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has taken delivery of Eagle Pilar, a new Suezmax second-generation dynamic positioning (DP2) shuttle tanker built at Samsung Heavy Industries (SHI) shipyard in South Korea. The 153,180 dwt newbuild has been purpose built for a long-term charter to Brazil Shipping I Limited, a subsidiary... Continue Reading →
PRNewswire/ -- McDermott International, Ltd today announced that on Dec. 31, 2020, it secured $560 million in new capital. As announced on Nov. 18, 2020, the new capital was provided through a series of transactions which was secured through commitments from certain existing lenders and shareholders. McDermott met all conditions necessary to close these transactions and has strengthened its... Continue Reading →
After a long period of negotiations and a lot of market expectations, Ocyan won Petrobras' tender for chartering a rig exclusively dedicated to the Mero field, in the Santos cluster. Drill ship Norbe VIII should start operating in the second semester Petrobras and Ocyan do not reveal details of the bid result. Source: PetroleoHoje
Forship Engenharia, a Brazilian company that has been operating for more than two decades in the oil and gas sector, with strong expertise in commissioning, maintenance and operation of assets, was selected by Petrobras to operate the utilities plant of the Natural Gas Processing Unit ( UPGN) of the Integrated Route 3 Project, at the... Continue Reading →
Brazil Energy Insight 