Aug. 19 (offshore-energy.biz) Following the arrival of a drillship at its drill site, Brazil’s state-owned oil and gas giant Petrobras is getting ready to embark on the pre-operational assessment, as the final stage of the licensing process for drilling a deepwater well in Amapá. As one of the resources that will be put into practice... Continue Reading →
Brazil’s ANP Extends Aram Block Deadline as Petrobras Confirms New Oil Finds
Aug.18 (oilprice.com) Brazil’s oil and gas regulator ANP has approved an 18-month extension of the exploration period for the Aram block in the Santos Basin pre-salt, pushing the deadline for Petrobras and China’s CNOOC to meet their commitments to June 30, 2029, according to BNamericas. The move gives the consortium more time to advance drilling in... Continue Reading →
Petrobras contracts 4 support vessels with OceanPact for R$3.2 billion
Aug.18 (Reuters) – Petrobras signed a R$3.2 billion contract with the offshore support vessel company OceanPact for the charter of four RSV vessels for four years, the service provider told Reuters on Monday (18). The vessels will be used in remotely operated vehicle (ROV) operations for inspection of underwater structures, preventive and corrective maintenance, installation... Continue Reading →
Petrobras Looks to Increase Production at Three FPSOs
Aug.18 (Reuters) Brazilian state-run oil firm Petrobras is looking to increase production at three floating offshore production platforms (FPSO) it operates in the country, the head of Exploration and Production, Sylvia dos Anjos, said on Monday. Production at the firm's Almirante Tamandare FPSO in Buzios field could increase from the current 225,000 barrels of oil per day... Continue Reading →
Buzios Field Surpasses Record Level of 900,000 Barrels of Oil Per Day
Aug.18 (agenciapetrobras.com) The Buzios field, operated by Petrobras, broke its record and surpassed daily production of 900,000 barrels of oil this weekend. Located in the pre-salt layer of the Santos Basin, approximately 180 kilometers off the coast of Rio de Janeiro, Búzios was discovered by Petrobras in 2010 and began operations in 2018. With this... Continue Reading →
Inyanga Marine Energy Group appoints new Chair
Aug. 18 - Inyanga Marine Energy Group has announced that Martin Murphy has been appointed as Chair of the Board. Following 12 years’ service in the Royal Navy, Martin has forged a career as an experienced CEO and Chartered Engineer. Martin has a strong leadership background in large international corporations and as an entrepreneur, with... Continue Reading →
Saipem Milestone in Guyana Yellowtail Project
Aug. 18 (OE) Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., located in approximately 1,800m of water within the Stabroek Block offshore Guyana. Awarded the contract in 2022, Saipem undertook the Engineering, Procurement, Construction, and Installation (EPCI) of the Subsea Umbilical, Riser, and Flowline (SURF)... Continue Reading →
Eletrobras partners with C3 AI to modernize Brazil’s power grid
Aug 18 (Reuters) - Brazilian power company Eletrobras has partnered with C3 AI to apply artificial intelligence to help operate the electric power transmission network in Latin America's largest economy, the two companies told Reuters on Monday. Eletrobras, Brazil's largest operator in the segment, will implement the C3 AI Grid Intelligence tool, which focuses on monitoring... Continue Reading →
FPSO Almirante Tamandare breaks production record soon after starting production at the Buzios 7 Field
Aug. 15 (PN) FPSO Almirante Tamandare (Búzios 7 Project) reached yesterday (14) the highest production flow rate per unit in Petrobras' history, three months ahead of schedule, November of this year: 225,000 barrels per day. The FPSO began operations in February in the Buzios field, in the Santos Basin pre-salt layer. The record confirms expectations... Continue Reading →
Bumi Armada-MISC merger falls through
(offshore-energy.biz) Talks about a potential business combination between Malaysia’s Bumi Armada and the offshore segment of the compatriot shipping giant MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services, have come to nought. A few months ago, Bumi Armada revealed that the due diligence exercise with MISC was... Continue Reading →