April 22, 2019 (Reuters) - Brazil’s state-run oil producer Petroleo Brasileiro SA said on Monday it had halted production at its P-25 platform in the Albacora offshore field, after detecting a leak in a pipeline. The leak was detected on Monday around dawn and had spilled 941 liters, the company said.  

4/22/19 Schlumberger and Modec have entered into two contracts in the first quarter of the year to supply oil separation and treatment equipment and CO2 processing of FPSOs that will operate on Brazilian offshore. The information is contained in Schlumberger's financial report published on Thursday (18/4). Modec currently constructs two platforms contracted by Petrobras: Guanabara,... Continue Reading →

4/22/2019 During Keppel Corp.'s first quarter earnings announcement on Thursday (18), the company's CEO, Loh Chin Hua, said that Sete Brasil had recently convened an auction for two semi-submersible platforms under construction at the BrasFELS site in Brazil , and two drill ships under construction by Sembmarine, according to Seatrade.   A proposal was presented... Continue Reading →

4/22/2019 Petrobras is receiving offers for chartering a dive support vessel (DSV). The deadline for submitting proposals is the end of day May 8. The vessel shall be adequate to withstand operations of intervention, inspection, maintenance and repair with submarine remote operation robots (ROVs), in water depths of up to 3 thousand m, in addition... Continue Reading →

Oilfield services provider Halliburton more than tripled its first quarter 2019 profit when compared to the prior-year while its revenues stayed flat. The company believes that the worst in the pricing deterioration is behind and predicts progress in demand for its services.  Halliburton on Monday posted a net income of $152 million for the first... Continue Reading →

All areas will be included in the permanent offer of ANP April 20, 2019 The board of the National Petroleum Agency (ANP) approved the termination of concession contracts for the fields of Lagoa Branca, Barra do Ipiranga, Rio Barra Seca, Rio Itaúnas Leste, Rio São Mateus Oeste, Mariricu Oeste, Jacupemba and Nativo Oeste, all on... Continue Reading →

4/21/2019 BEIJING (Xinhua) -- Overseas equity of oil and gas production of China National Petroleum Corporation (CNPC) rose 10% year over year in the first-quarter 2019. Production came in at 26.09 million metric tonnes of oil equivalent in first quarter, according to the international branch of CNPC, the country's largest oil and gas producer and... Continue Reading →

Houston-based manufacturer of drilling and production equipment Dril-Quip had product bookings in the first quarter of 2019 of approximately $99 million, which exceeded its prior guidance of $80 million. Dril-Quip said last week that included in the first quarter 2019 bookings was a previously disclosed order from a customer to supply subsea wellhead systems valued... Continue Reading →

Tender rig specialist Atlantica Tender Drilling has received a contract extension for one of its units with Petrobras in Brazil. Atlantica said last Thursday that Petrobras had exercised its right to extend the BassDrill Beta contract by 180 days. The extension starts in September 2019 and will last through March of 2020. Atlantica has two... Continue Reading →