931/5000 10/16/18 Petrobras begins receiving proposals for the supply of chemical injection skids for 11 offshore platforms in the Campos Basin.The tender is divided into three lots. The first (Acid Route) includes the acquisition of complete tank skids and four pumps for the P-18, P-19, P-26, P-32, P-37, P-48 and PPM-1 platforms, as well as a skids... Continue Reading →
International oil companies move offshore logistics support market
10/16/18 Tenders promoted by international oil companies are moving the offshore logistics support market and may result in the contracting of up to five berths for boat mooring. Equinor is seeking up to two berths to service its operations in the Campos and Santos Basins. Shell needs a berth to support its drilling campaigns... Continue Reading →
Spectrum teams up with TGS on expanded survey off Brazil
Seismic survey companies Spectrum and TGS have announced a collaboration on the expanded Santos Basin multi-client 3D survey offshore Brazil. Spectrum said on Tuesday that the company joined forces with TGS and expanded the Santos 3D program to 15,000 square kilometers over the prospective southern Santos Basin. Read more
Saipem plans renewables push as oil clients keep lid on spending
The Italian oil-services provider, which builds projects for the fossil-fuel industry, says it may get more than half its work from clean-energy clients in a decade. That reflects a persistent lack of oil-company investment in the wake of crude’s crash, and a boom in renewables. “In 10 years, green energy could account for 50, 60%... Continue Reading →
Permanent Offer: ANP approves registration of three more companies
Brazil has 844 exploration blocks available. Of this total, 158 may be put into operation. The ANP published in the Official Gazette the names of three other companies approved by the Special Bidding Commission (CEL) for the Permanent Offer: DEA Deutsche Erdoel AG, Petrol Serviços de Sondagem Ltda. and Ubuntu Engenharia e Serviços Ltda. In... Continue Reading →
Petrobras and CNPC define business model for Strategic Partnership in Comperj and Marlim Cluster
Rio de Janeiro, October 16, 2018 - Petrobras informs that today it signed an Integrated Project Business Model Agreement (“IPBMA” or “Business Model Agreement”) with China National Oil and Gas Exploration and Development Company (“CNODC”), a subsidiary of CNPC, advancing towards their Strategic Partnership, as disclosed to the market on July 4, 2018. The Business... Continue Reading →
Brazil far-right candidate could revise pre-salt oil contracts: report
Brazil’s far-right presidential front-runner Jair Bolsonaro could revise the country’s model of production-sharing contracts in its coveted pre-salt oil fields if he wins this month’s election, newspaper Valor reported on Monday. The poll leader ahead of the Oct. 28 run-off vote could also end overseas financing by state development bank BNDES, Valor reported, citing unnamed... Continue Reading →
IEA: Oil demand and supply close to new peaks
According to IEA’s report from last Friday, fifteen years ago, forecasts of peak supply were all the rage, with production from non-OPEC countries supposed to have started declining by now. In fact, production has surged, led by the U.S. shale revolution, and supported by big increases in Brazil, Canada, and elsewhere. Read more
Oil Majors Offload Gulf of Mexico Fields to Hunt Bigger Find
Big Oil is giving up looking for singles and doubles in the Gulf of Mexico: Now it’s home runs or bust. Exxon Mobil Corp. and Royal Dutch Shell Plc, the world’s two biggest oil companies, have put a slew of assets in the Gulf up for sale in recent weeks, while Brazil’s state-run Petrobras this... Continue Reading →
Engie, Caisse Plan to Bid $9 Billion For Petrobras Pipeline
French utility Engie SA and a Canadian pension fund plan to offer as much as $9 billion (34 billion reals) for Petrobras’s natural gas pipeline network, potentially a $1 billion boost from their initial bid, according to people with knowledge of the matter. Petroleo Brasileiro SA is now finalizing terms with Engie and the Canadian fund, Caisse de Depot... Continue Reading →
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