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Forum Subsea Technologies has introduced an electric remotely operated vehicle (ROV) to drive cost efficiencies for the subsea sector. The recently launched XLe Spirit is the first observation-class ROV to utilize Forum’s Integrated Control Engine (ICE) to bring greater functionality. Continue reading
JANUARY 7, 2019 SAO PAULO (Reuters) - The head of Brazil’s environmental protection agency Ibama resigned on Monday after far-right President Jair Bolsonaro criticized the amount of money the unit spends to rent vehicles in his latest attack on the agency. Suely de Araujo had been leading the agency since 2016. An Ibama spokeswoman said... Continue Reading →
RIO DE JANEIRO, BRAZIL – JANUARY 7, 2019 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announced today the final results of its previously announced debt tender offers. As of 11:59 p.m., New York City time, on January 4, 2019 (the “Expiration Date”) holders of: (i) US$1,065,388,000 principal amount of the outstanding notes of... Continue Reading →
1/7/19/19 Petrobras has launched a tender to hire drill bits. The announcement, which is available at the state-owned procurement portal (Petronect), provides for the supply of 282 drill bits for projects in Espírito Santo and Northeast. The tender is divided into 11 lots, with quantities ranging from one to 90 drill bits for delivery to... Continue Reading →
1/7/2019 Rio de Janeiro, January 7, 2019 - Petróleo Brasileiro SA - Petrobras reports the actions taken as a result of the oil leak that occurred on January 2 in one of the tanks of the FPSO Cidade de Rio de Janeiro, a unit chartered by the company and operated by Modec do Brasil, in... Continue Reading →
Jan. 4, 2019 The year begins with important discoveries in the pre-salt. Petrobras and Equinor have informed the National Petroleum Agency (ANP) that they have found signs of hydrocarbons in Peroba and Carcará. The first field is operated by the Brazilian company, while the second belongs to the foreign oil company. In the case of... Continue Reading →
FPSO operator BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of FPSO Polvo operating offshore Brazil. BW Offshore said last Friday that the firm period had been extended from the third quarter of 2019 to the third quarter 2020, with options until 3Q 2022. Continue reading
ExxonMobil has made changes to a 3D survey contract in South America with PGS, excluding one of the two vessels from the deal following a December incident with the Venezuelan navy. The contract for two Ramform Titan-class vessels to conduct the 3D survey in South America was announced on November 14, 2018. Continue reading
Oil major ExxonMobil has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January. The Stena Carron drillship is drilling the well, which is located 19 miles (31 kilometers) east of the Pluma-1 discovery in the southeast Stabroek Block, ExxonMobil said on Monday. The Noble Tom Madden drillship is expected to... Continue Reading →
o de Janeiro, January 4, 2019 - Petróleo Brasileiro S.A - Petrobras, in addition to the Material Fact published on December 21, 2018, informs that its CEO Roberto da Cunha Castello Branco, within the scope of the nomination process for members of the Executive Board, indicated to the Executive Offices of Refining and Natural Gas... Continue Reading →
Brazil Energy Insight 