1/18/19/19 After stopping negotiations with Exmar, the state company tries to reduce the daily rate offered by the Japanese company The long story of the charter of the FPSO of Búzios at last is coming to an end. Petrobras will hold the first direct negotiation meeting with Modecom Friday, the company that presented the second... Continue Reading →

Norwegian oil and gas intelligence firm Rystad Energy expects 33 floating, production storage and offloading (FPSO) vessels to be sanctioned from 2019 to 2021 as oil and gas activity picks up in the offshore sector. Rystad said last Friday that, of the 33 FPSOs, 15 would require a production capacity above 80,000 barrels per day.... Continue Reading →

Offshore drilling company Transocean posted a net loss attributable to controlling interest of $242 million for the fourth quarter of 2018, however, the CEO is optimistic as the company last year added $2 billion in contract backlog, the highest in the last four years. The result was impacted by impairment for three floating rigs previously... Continue Reading →

U.S. oil and gas services company Helix Energy Solutions sank to the red in the last quarter of 2018 from a profit in the same period of 2017. Helix Energy Solutions on Monday reported a net loss of $13.7 million for the fourth quarter of 2018 compared to net income of $50.6 million for the same period in 2017... Continue Reading →

The Skandi Olinda, a Brazilian-flagged flexible lay and construction vessel, has started its eight-year charter contract with Brazilian oil company Petrobras. The vessel is owned by a joint venture formed between TechnipFMC (50%) and DOF (50%). Under the TechnipFMC/DOF joint venture agreement, TechnipFMC will manage flexible pipelay, and DOF will be responsible for marine operations. Continue reading

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 →

  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 →

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 →