Brought to you by Quest Offshore & Southern Cone Consultants
Offshore helicopter operator Bristow and its peer Era Group have made a deal to merge in an effort to create a more diverse and financially stronger player. Bristow and Era Group announced on Friday that they had entered into a definitive agreement to combine the two companies in an all-stock transaction, creating a financially stronger... Continue Reading →
January 24, 2020 Petrobras is contracting services and equipment for the new development phase of the project in the Campos Basin The attention of the supply industry returned to Parque das Baleias, a complex of deep water fields in the Campos Basin. In addition to subsea systems, Petrobras is bidding to contract 4D seismic mapping... Continue Reading →
JAN 23, 2020 Technicians at the IBM Brasil research laboratory have developed an unprecedented technology that analyzes the flow of liquids, such as water, oil and carbon dioxide, in porous media, such as rocks or soil. IBM FlowDiscovery (FD) aims to reduce the environmental impact caused by the most different industrial processes, from oil extraction... Continue Reading →
Marine autonomous systems and combinations of such systems are being increasingly put to the test in the offshore space. Elaine Maslin looks at how hybrid remote and autonomous systems are now being tested. Concepts like resident subsea vehicles, for inspection, repair and maintenance, are attractive options, but not the only ones being tried. Deploying remotely... Continue Reading →
Prysmian Group, a services provider in the energy and telecom cable systems industry, has been awarded a contract by Libra, a consortium of international oil & gas operators, for steel tube umbilicals to be installed in the Mero oilfield, located offshore Brazil. The Libra Consortium is led by Petrobras – with a 40% interest –... Continue Reading →
Singapore's Keppel Corp. Offshore & Marine division posted a profit for the full year 2019 citing cost cuts and lower impairment costs. For the full year, Keppel O&M posted a net profit of S$10 million, a significant increase compared to a loss of S$109 in 2018. The management attributed profitability to increased topline, cost management,... Continue Reading →
Jan 23, 2010 Petrobras evaluates new postponement of delivery of proposals for chartering of the third definitive production systems in the Mero 3 field The delivery of proposals for chartering the FPSO of Mero 3 may be postponed again. Last week, Petrobras' bidding committee sent a circular to the bidding invited companies, anticipating the possibility... Continue Reading →
Geoscience company ION Geophysical has entered into a multi-client agreement with Colombia’s National Hydrocarbon Agency (ANH) granting rights to reprocess existing data and acquire new 2D and 3D multi-client programs offshore Colombia’s Caribbean coast. In February 2019, the ANH announced a series of reforms to encourage investment in exploration and production, such as a permanent... Continue Reading →
Jan 22, 2020 Ocyan's Norbe VI rig starts operations today, under a contract signed for the next two years. The first campaing will be carried out in the Tartaruga Verde field, in the Campos Basin, with a duration of up to 45 days. Norbe VI is one of Ocyan's 5 deepwater drilling rigs. The rig... Continue Reading →
Oilfield services provider Baker Hughes Co (BKR.N) missed analysts’ estimates for quarterly profit on Wednesday, hit by lower orders in its business that supplies turbines and compressors to liquefied natural gas (LNG) producers. Orders in the unit fell 10% year-over-year, with equipment orders dropping 16% and service orders decreasing 4%, amid concerns that demand for... Continue Reading →
Brazil Energy Insight 