Brazilian rescuers searched into the night on Sunday for hundreds of people missing after a burst mining dam triggered a deadly mudslide, as the death toll rose to 58 and was expected to keep climbing more than two days after the disaster. The collapsed dam at Vale SA’s Corrego do Feijao mine buried mining facilities... Continue Reading →
Petrobras – Resumption of 100% of the capacity of Paulínia Refinery (Replan)
Rio de Janeiro, January 25, 2019 - Petróleo Brasileiro S.A - Petrobras, following up on the press release of 08/29/2018, informs that Paulínia Refinery (Replan) has resumed, today, 100% of its nominal production capacity with the return of operation of the distillation unit (U-200 ), which occurred within the expected timeframe. The National Petroleum, Natural... Continue Reading →
CNOOC sets bullish tone for the rest of Chinese oil companies, WoodMac says
Announcing its strategic plan for 2019, CNOOC Ltd has set a bullish tone for the rest of the Chinese national oil companies to follow, according to Wood Mackenzie, an energy intelligence group. To remind, CNOOC Ltd earlier this week in its business strategy and development plan said it was targeting a steady increase in oil and gas production during 2019... Continue Reading →
Campos Basin again attracts billionaire investments
Producing for more than 40 years, the Campos Basin has been declining in recent years and has lost its position as the largest oil producing region to the neighboring Santos Basin. A study by the Brazilian Petroleum Institute (IBP) on the auctions of 2017 and 2018 shows, however, that Campos is back in the... Continue Reading →
Keppel: No V-shape recovery for rig business. Focus on FPSOs in short-term
Offshore rig builder Keppel is seeing signs of improvement in the offshore and marine (O&M) business, however, the company is cautious with its optimism, leaning more towards floating production systems rather than towards drilling rigs. Loh Chin Hua, CEO of Keppel Corporation said: “Notwithstanding the recent volatility in oil prices, there is growing optimism... Continue Reading →
Shell to study deepwater ecosystem in Brazil
1/24/19 Largest private oil producer in Brazil, and one of Petrobras's largest partners in pre-salt exploration, Shell Brasil will start this year a broad research on the deep-water ecosystem, a region that the Brazilian state has been exploring for years. The study will be done in partnership with the Federal University of Rio de Janeiro... Continue Reading →
Prosafe submits top bid for Brazil flotel supply deal
Prosafe, an operator of offshore accommodating units known as flotels, has submitted the largest bid in two online auctions for the supply of safety and maintenance support vessels to Brazil. Prosafe said on Wednesday that the online auctions were concluded and were related to a two-batch public opportunity with each resulting contract being for a... Continue Reading →
Transfer of Rights Contract and pre-salt auction are targets for first 100 days of the Government
January 24, 2019 Minister Onyx Lorenzoni presented 35 targets for the first months of the government Onyx Lorenzoni, the Chief of Staff, presented the 35 priority targets of the first 100 days of government. In the area of Mines and Energy, the approval by the National Energy Policy Council of the review of the Transfer... Continue Reading →
4Subsea, Ashtead in Sensor Tech Pact
4Subsea and Ashtead Technology have sealed a partnership for global distribution of sensor technology to the oil and gas industry. Under the deal, 4Subsea’s autonomous, retrofittable sensors will be available to the global oil and gas industry via Ashtead Technology. Continue reading
Edict for the sale of Sete Brasil rigs ready to publish
1/23/19 Sete Brasil will publish until the end of this week public announcement for the sale of the four rigs being built at the Jurong and Brasfels shipyards and will have their charter contracts with Petrobras. The publication of the edict is included in the list of requirements of the group's judicial recovery plan and... Continue Reading →
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