Petrobras has been granted a license by IBAMA for FPSO to test Farfan's discovery in the exploratory blocks area BM-SEAL-11 in the deep waters of the Sergipe-Alagoas Basin. The license is valid until July 31, 2019 and the company must inform the end of the installation activities of the unit within a maximum of 5... Continue Reading →
Ensco gets UK clearance for Rowan merger
Offshore drilling company Ensco has received approval from the UK competition authorities for its imminent merger with rival Rowan Companies. Ensco on Friday said the United Kingdom’s Competition and Markets Authority gave its clearance, adding that the transaction remained subject to satisfaction or waiver of certain other conditions, including approval by the shareholders of... Continue Reading →
Petrobras studies to reduce stake to 50% of refining market, says president
02/15/2019 Petrobras president Roberto Castello Branco said he intends to reduce Petrobras' stake in the Brazilian refining market to 50%. Currently, the company has almost the entire market. He added that the company could sell 100% of its stake in some refineries. The remarks were made last night to journalist Miriam Leitão, in an interview... Continue Reading →
Government close to auction four areas of the Transfer of Rights Assignment
February 15, 2019 The government intends to offer four areas in the pre-salt of the Santos Basin, in the auction of surpluses of the Transfer of Rights assignment, this year. According to a source, the intention is for the assets to be offered to unify, that is, to connect in a single project, to the... Continue Reading →
Saab Seaeye Boosts Subsea Vehicle Residency
Saab Seaeye said it has shown that underwater e-robotic vehicles can deepwater dock at remote sub-resident docking stations for data transfer, assignment instructions and battery charging. The company announced that its Sabertooth AUV/ROV vehicle can now dock in a safe and controlled manner at different kinds of remote stations. Continue reading
Eni’s adjusted 4Q profit up 55pct. Full year O&G output at all-time-high
Italian oil company Eni posted a 55 rise in adjusted net profit, reporting €1.46 billion in the fourth quarter of 2018, compared to adjusted net profit of 943 million euros in the corresponding quarter a year ago. According to Reuters, Eni’s adjusted net profit results beat an analyst consensus forecast 1.19 billion euros. Net profit... Continue Reading →
Petrobras – Agreement with the ANP on the unification of Parque das Baleias fields
Rio de Janeiro, February 14, 2019 - Petróleo Brasileiro SA - Petrobras informs that , on this date, the Public Hearing related to the draft of the agreement to be signed with the National Petroleum, Natural Gas and Biofuels Agency (ANP) in relation to the unification of the Parque das Baleias fields was completed. In... Continue Reading →
FPSO P-76 released by IBAMA to produce in the pre-salt
February 13, 2019 Petrobras received from IBAMA the environmental license for the start of production of the FPSO P-76, which is installed in the Búzios field, in the pre-salt of the Santos Basin. The license is valid until February 8, 2023 and the unit must be the second to come into operation in the basin... Continue Reading →
Petrobrás admits super-field in ES, Novo Jubarte, and will pay debt of R $ 3.1 billion
14/02/19 After almost five years of dispute with the National Agency of Petroleum, Natural Gas and Biofuels (ANP), Petrobras agreed to pay a debt of R $ 3.1 billion - R $ 1.1 billion at one time later this year , and the remainder 60 times. The company will compensate the state governments, municipalities and... Continue Reading →
ECA Group Shows Off USV/ROV Combo for Subsea IMR Ops
ECA Group has demonstrated the capability of performing a subsea inspection using its USV (unmanned surface vehicle) Inspector deploying a H300V type ROV (remotely operated vehicle) within a research and development program led by Total and TechnipFMC. During offshore operations ROVs are deployed from manned vessels dedicated to inspection, maintenance and repair (IMR) operations. Continue... Continue Reading →