4/4/2019 The Marine Construction & Engineering (MCE) Deepwater Development conference and exhibition, a JV of World Oil and its parent, Gulf Energy Information, with Quest Offshore, was held in London at the beginning of this month. It featured an excellent technical program, as well as substantive panels of industry executives. If one could sum up... Continue Reading →

Ibama issued this Wednesday the pre-license 601/2019 for the 3rd Stage of development of production in the pre-salt of the Santos Basin, for Petrobras. The next cycle of investments in the region is scheduled to install 11 FPSOs for definitive production systems, two production pilots and another 10 long duration (TLD) or advance production systems... Continue Reading →

Australian oil and gas company Karoon has yet to find a farm-in partner for its Neon oil field offshore Brazil and is in talks with potential FPSO suppliers. The company might drill another well to de-risk the development further. Karoon last year transitioned the Santos basin blocks containing two oil fields from the exploration phase... Continue Reading →

Tender rig specialists Atlantica Tender Drilling and Energy Drilling are planning to merge into what is expected to become the second largest tender drilling contractor. The two companies on Friday signed a letter of intent for the merger. According to the announcement, operations are backed by solid backlog against Petrobras and Total and a strong track... Continue Reading →

The worldwide offshore rig count for March 2019 decreased by two units sequentially but increased by 69 units year-over-year, according to Baker Hughes, a GE company (BHGE). BHGE splits its rig counts into international and North America rig counts, which combined make the worldwide rig count. Baker Hughes said in a report on Thursday that... Continue Reading →

The Supreme Court of Canada has rejected a request to review a decision of the Court of Appeal for Ontario that a $9.5 billion Ecuadorian judgment against Chevron Corporation cannot be enforced against Chevron Canada Limited, an indirect subsidiary. The Court of Appeal for Ontario’s decision, which is now final, dismissed all claims against Chevron... Continue Reading →

April 4, 201932 One of the main suppliers of engines and generators for thermoelectric plants in Brazil, the Finnish manufacturer Wärtsilä believes that the worst moment of the Brazilian economy has passed and foresees the resumption of the pace of business in the energy and oil and gas segments in the coming years. The new... Continue Reading →

April 4, 2019 The ANP published 12 extracts of additive terms of local content in the Official Journal of the Union (DOU) this Thursday (4/4). The terms refer to requests made by Dommo Energia, in relation to block BM-C-39; Central Resources (BT-POT-54); Petrobras and Equinor (ES-M-468 and ES-M-527); Vipetro Petroleum (LD_R13AM); Cowan Oil and Gas... Continue Reading →

  Natural Gas Açu (GNA), which develops the first thermoelectric project in Porto do Açu (RJ), announced that it has closed agreements for long-term financing for the project. It also announced the contract with Siemens of € 1 billion to build and operate the GNA I UTE. In total, two financing agreements were signed: US... Continue Reading →