08/29/18 Floating regasification unit commissioned from BW LNG is being built in South Korea The floating regasification unit (FSRU) commissioned by Açu Natural Gas (GNA Açu) is scheduled to be delivered in March 2019 by the South Korean shipyard DSME. The BW LNG vessel will make up the LNG terminal at Açu Port... Continue Reading →
Greener AHTSs Fleet
08/29/18 Participation of foreign vessels to support platform anchoring operations fell from 73% to 27% in one year The fleet of vessels supporting anchor operations (AHTSs) in Brazil is increasingly green and yellow. Between July 2017 and the same month of this year, 14 foreign-flagged units left the country, reducing their participation from 73%... Continue Reading →
Interview: Asset value aside, banks interested in rigs’ money making potential
Banks want to know offshore rig’s future earning potential, rather than the current value. This is per VesselsValue, a website providing value estimations for vessels and offshore drilling rigs. In what it says is a response to banks demanding such data, VV has recently introduced “DCF Values for Mobile Offshore Drilling Units”. Read more
Petrobras – Prejudgment attachment order by Dutch Court related to Vantage arbitration
Rio de Janeiro, August 29, 2018 - Petróleo Brasileiro S.A. – Petrobras, following up on the disclosure made on July 3, 2018, informs that it has learned that a Netherlands court granted Vantage’s request, without prior notice to Petrobras’ companies, to freeze shares of two of its direct subsidiaries and credits that Petrobras may have... Continue Reading →
PORT OF AÇU WILL HAVE HELICOPTERS BASE TO SERVICE DE CAMPOS AND ESPÍRITO SANTO BASINS
Aug, 2018 Açu Port will have a helicopter base with a total area of 210,000 m² and specifically designed for the use of helicopters that will serve the offshore platforms in the region, including the Campos and Espírito Santo basins. The Heliport will have 20 positions for the aircraft parking. Açu Port Operations and... Continue Reading →
Equinor to invest more than $15 billion in Brazil until 2030
Brazil has become a core area for the Norwegian oil and gas giant Equinor with daily oil production of over 90 000 barrels per day from current fields and with expected investments of more than $15 billion until 2030. Brazil stands out globally as one of the most promising offshore oil and gas basins with... Continue Reading →
Reimbursement to Petrobras as a result of Operation Car Wash
Rio de Janeiro, August 28, 2018 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact of 8/9/2018, informs about the actions that it has been implementing and the amounts that have been recovered in the context of Operation Car Wash, to provide its shareholders and other stakeholders a more detailed outlook on the... Continue Reading →
Plowing $8 billion into Brazil mature basin could boost oil output: report
Investing $8 billion in Brazil’s waning offshore Campos Basin could boost its oil production by 230,000 barrels of oil equivalent per day (boepd) by 2025, consultancy Wood Mackenzie said in a report on Tuesday. Oil majors have already plowed billions into Brazil, now Latin America’s top producer, to lock in stakes in its pre-salt offshore... Continue Reading →
Petrobras, Shell, Total, Repsol registered to bid for Brazil oil cargo
Petrobras, Royal Dutch Shell, Total and Repsol have registered to bid on oil cargo the Brazilian government will be auctioning later this week, Pre-sal Petroleo SA, the state company managing contracts to develop the coveted offshore pre-salt layer, said on Monday. The oil cargo is the government’s share of production in the Mero, Lula and... Continue Reading →
Petrobras starts binding phase for two Campos Basin fields sale
Brazilian oil major Petrobras has begun the binding phase related to the sale of 50% of its non-operated working interest in Tartaruga Verde field and Module III of Espadarte field, both located in the Campos Basin off Brazil. Petrobras said on Monday that process letters were issued to qualified interested parties with detailed instructions about... Continue Reading →