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Sept 9, 2020 Eagle Paulínia, the second of the four new vessels that are being added to Petrobras' relief fleet in 2020, carried out the first relief operations in Búzios, in the Santos Basin, and concluded its first operational cycle. In the last week of August, the vessel carried out two offloadings - oil transfer... Continue Reading →
Sept 9, 2020 Schlumberger, IBM and Red Hat have announced that they will collaborate to accelerate the digital transformation in the oil and gas industry. Through the partnership, the companies will provide global access to the cloud exploration and production (E&P) environment and cognitive applications from Schlumberger, which uses IBM hybrid cloud technology, developed on... Continue Reading →
Sept 8, 2020 Baker Hughes is pivoting to customers preparing for the transition to a low-carbon future, bolstering its footprint beyond oil and gas oilfield services, its chief executive said on Tuesday. The company will continue to downsize its oilfield services and equipment portfolio, CEO Lorenzo Simonelli said at the Barclays CEO Energy-Power conference, putting... Continue Reading →
The worldwide offshore rig count in August 2020 dropped by 74 rigs year-over-year but is up 3 rigs sequentially, according to a report by Baker Hughes. Baker Hughes splits its report into an international and North America one, which combine into a worldwide rig count.\ Continue reading
U.S. oil company ExxonMobil has made an oil discovery at the Redtail-1 well, offshore Guyana, Hess, Exxon's partner in the prolific Stabroek Block has said. This is the U.S. oil major's 18th discovery offshore Guyana in the same block and will add the previously announced gross discovered recoverable resource estimate for the block of more than... Continue Reading →
Norwegian seismic data acquisition firm PGS has completed a large seismic survey offshore Angola using the 2008-built Ramform Sovereign vessel. The 2020 PGS Namibe Basin survey connects the 3D seismic coverage of southern Angola with PGS seismic data library coverage in Namibia, completing a large MultiClient footprint of high-quality broadband seismic data that spans the... Continue Reading →
Malaysian FPSO provider Yinson has ordered a large marine compressed air system from TMC for the FPSO Anna Nery, which currently under construction in China, and destined for Petrobras' Marlim revitalization project in Brazil. TMC's compressed air system will consist of four large capacity service and instrument air compressors with associated air dryers and filters. TMC... Continue Reading →
After years of expensive carbon capture and storage (CCS) studies and test centers, Europe has now reached a phase where large-scale CCS developments make sense financially, Norwegian energy market intelligence group Rystad Energy has said. In a report on Monday, Rystad said that CCS in Europe could trigger up to $35 billion in development spending... Continue Reading →
Brazilian oil company Petrobras has extended contracts with offshore services company Subsea 7 for three pipelay support vessels (PLSVs) operating offshore Brazil. Subsea 7 said Friday that the extensions of long-term contracts had a combined value of about $155 million, net of agreed reductions to the current day-rates. Continue reading
Sept 3, 2020 Petrobras is already working on the development of Buzios 9 FPSO and for the other phases of the Santos cluster mega field. The oil company hired Doris Engenharia to develop the basic project for a generic FPSO, with a capacity to produce 225 thousand bopd and compress 12.5 million m³ / d... Continue Reading →
Brazil Energy Insight 