Petrobras informs on Vantage arbitration case 

July 17, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 05/17/2019 and 06/21/2019, informs that, yesterday, the United States Court of Appeals for the Fifth Circuit dismissed the appeal filed by the company against the decision rendered by the Federal Court of Texas, on 05/17/2019, which confirmed the arbitration award... Continue Reading →

Pre-salt stage 4 with 13 FPSOs

Jul 17, 2020 Petrobras requested a license from Ibama for the implementation of 12 FPSOs in the Santos Basin pre-salt and the reactivation of an FPSO in Mero (“FPSO Mero FR”). There are four new units for the Buzios field (Buzios FPSOs 9, 10, 11 and 12), in addition to the Sepia 2 FPSOs. Among... Continue Reading →

Maersk Drilling Upgrades Maersk Valiant Drillship

Danish offshore drilling company Maersk Drilling has recently upgraded its 2014-built Maersk Valiant ultra-deepwater drillship. While the Maersk Valiant was recently stacked offshore Port Fourchon the Managed Pressure Drilling  (MPD) system was upgraded by integrating the new BTR rotating control device (RCD) by Weatherford. Continue reading

Aker Solutions to Merge with Kvaerner, Names New CEO

Norwegian oil service providers Aker Solutions and Kvaerner, both controlled by Norwegian billionaire Kjell Inge Roekke, will merge to strengthen their base in the global energy industry, both companies said on Friday. Aker Solutions, which provides engineering services, and Kvaerner, which builds oil platforms, were hit when energy firms slashed spending as crude demand plunged... Continue Reading →

FPSO Piranema Spirit demobilization notified

July 16, 2020 Petrobras will demobilize the FPSO Piranema Spirit, installed in the Piranema field, in Sergipe, in April 2021. The Brazilian oil company notified Altera Infrastructure (formerly Teekay Offshore) about the demobilization date about a month ago, in compliance with a contractual procedure that requires notice ten month prior notice. The demobilization of the... Continue Reading →

Ocean Infinity Completes Guyana Survey for ExxonMobil

Marine robotics company Ocean Infinity has completed its survey project for ExxonMobil, within the enormous Stabroek block offshore Guyana where the oil giant has over the recent few years discovered more than 8 billion barrels of oil. The project, announced in February,  involved acquiring high-resolution geophysical and geotechnical data through the simultaneous deployment of multiple Autonomous... Continue Reading →

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