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12/02/19 Petrobras and Ocean Rig will sign until the beginning of March the charter contracts for Deepwater Mikonos and Deepwater Corcovado, which will operate exclusively in the Mero field in the Santos Basin. The contracting of the equipment will be submitted to the oil company's board of directors approval on Thursday (14/2), almost three months... Continue Reading →
12/02/19 Equinor and Schlumberger will implement a pioneering contractual model in the Brazilian offshore, integrating drilling and well construction to the management of the rig that will operate in the second phase of Peregrino II, in the Campos Basin. Rather than chartering a rig one owned by a rig operator, Equinor chose to commission the... Continue Reading →
12/02/19 PetroRio, QGEP, Shell and Total go to the market to contract offshore vessels PetroRio is hiring a PSV 4500 to support its drilling campaign at the Polvo field in the Campos Basin. The charter period will be 150 days, with the option of ten extensions of 15 days, and the vessel will be mobilized... Continue Reading →
Shell Brasil has agreed a partnership with underwater sensor technology company Sonardyne and Brazilian research institute Senai Cimatec to develop autonomous technology to make the monitoring of Brazil’s challenging deepwater pre-salt oil fields more efficient. The new 4D seismic monitoring system, based on so-called On Demand Ocean Bottom Nodes, is being developed under a National... Continue Reading →
Rio de Janeiro, February 12, 2019 - Petróleo Brasileiro S.A. – Petrobras reports that its Integrated Report and the 2018 Annual Results will be released on Wednesday, February 27, after market closing. Accordingly, the company will be unable to comment or provide clarifications regarding financial results or perspectives before said release. On February 28, 2019,... Continue Reading →
Swiss authorities are assisting Brazilian prosecutors in their investigation into an alleged corruption scheme involving global commodity trading firms Vitol, Glencore and Trafigura, a spokesman for the Office of the Attorney General of Switzerland said on Monday. The spokesman said the attorney general’s office had received requests between June 2018 and January 2019 for “mutual... Continue Reading →
SAO PAULO (Reuters) - Royal Dutch Shell Plc, Brazil’s private equity group Pátria Investimentos and Mitsubishi Hitachi Power Systems, on Monday said they would invest $700 million to build and operate a gas-fired power plant in the state of Rio de Janeiro. The joint venture will build the Marlim Azul thermal power plant with capacity... Continue Reading →
After signing a duty holder deal with Aker Solutions in January, Marginal Field Development Company (“MFDevCo”) has now entered into a collaboration agreement with another important industry name, Siemens’ Dresser-Rand business. MFDevCo (formerly ABT Oil and Gas Ltd) describes itself as a company focusing on “maximizing recovery from the vast, undeveloped hydrocarbon resources contained within... Continue Reading →
Benthic, a global geosciences company, has begun operations for Equinor on a four-month geotechnical campaign in the BM-C-33 and BM-S-8 blocks located off the coast of Brazil. Mobilization of PROD3 (Portable Remotely Operated Drill) onto the MV Sable Chouest started in Niteroi on November 23, 2018, and field operations are expected to reach completion by... Continue Reading →
It’s gotta stop at some point. And it will. There’s more excitement coming. In our 2018 offshore drilling rig market recap, we mentioned that a lot of exciting stuff happened during the year. Check out our infographic for more details on what those things were. Since then, it’s easy to say that it’s just been boring. Continue reading
Brazil Energy Insight 