U.S. oil and gas firm Noble Energy has named Brent Smolik as its new President and Chief Operating Officer. Noble Energy said on Thursday that Smolik, who will be joining the company effective November 16, 2018, will be responsible for leadership of Noble Energy’s worldwide operations. Read more

10/22/18 Bidding foresees the operation of three production rigs in several municipalities of the state Petrobras received proposals for the provision of intervention services in terrestrial wells in the state of Bahia. The activities will be carried out with three terrestrial production rigs and will include operations of abandonment, deepening, descent and withdrawal of liners.... Continue Reading →

- 10/22/18 Petrobras has opened a RFI (Request For Information) to collect information on support and special vessel operators mapped in its supplier registry. The objective is to promote improvements in charter procurement processes. The document obtained by BE Petroleum presents technical specifications for the operation of PSVs, OSRVs (contingency operations), dive support vessels (DSVs... Continue Reading →

10/23/18 In view of the growth in production and oil exports expected in 2019, Petrobras will have to return to the market to hire new vessels that transfer the production of the platforms to the coast, the so-called relief vessels, after cutting its fleet as per an operational efficiency program implemented in the last two... Continue Reading →

Big Oil’s big payday has finally arrived. The question now is how to spend the extra cash. Investors will be reading the third-quarter tea leaves to discern whether executives plan to boost dividends and buybacks, hike spending on shiny new mega projects, or perhaps even do both. Read more

10/23/18 Contract of the airline company with Seabed Geosolutions will last eight months Omni Táxi Aéreo held the first flight to support Seabed Geosolutions seismic campaign in the Búzios field. The contract foresees the use of medium and supermodel carriers with a capacity of up to 16 passengers with class changes on SR / V... Continue Reading →

10/23/18 BE Petroleo presents an overview of the main tenders and contracts of the segment The Brazilian subsea market will have a busy year-end, with a series of tenders entering the bidding phase and others being launched, while important contracts begin or come to an end. On the 29th, Petrobras will receive offers to supply... Continue Reading →

Brazil’s right-wing front-runner Jair Bolsonaro became a market darling in part by promoting massive energy privatizations. But investors shouldn’t hold their breath. Those plans are getting watered down as Bolsonaro, a former army captain who has a history of supporting economic nationalism, brings into his campaign more military officers who view oil extraction and power generation through... Continue Reading →