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Stena Carron: is still on location at Liza 3 Noah Brenner 26 October 2016 13:54 GMT A key appraisal of ExxonMobil’s large Liza oil discovery offshore Guyana was successful, further boosting the resource estimate for what was already the largest oil discovery of 2015, as the partners eye a project sanction next year. The drillship... Continue Reading →
Agencia Ponto/IBP By Fabio Palmigiani in Rio de Janeiro 26/10/2016 Brazilian federal environmental regulator Ibama wants to speed the process of issuing licenses for oil and gas projects, partially ending bureaucratic procedures that locked investments in the sector for far too long. According to Ibama licensing director Rose Mirian Hofmann, the regulator identified approximately... Continue Reading →
Coming online: Roberto Moro, Petrobras' chief production development & technology officer Agencia Ponto/IBP By Fabio Palmigiani in Rio de Janeiro 25 October 2016 22:41 GMT Brazilian oil giant Petrobras expects to start output from the Lapa field within days, as the company waits for the final operating licence to kick-start production from its ninth floating... Continue Reading →
By Maria Carolina Marcello | BRASILIA Brazil President Michel Temer won another victory on Tuesday in his effort to restore fiscal discipline when the lower house of Congress approved a constitutional amendment to cap spending for 20 years. Heavy public spending, a recession and a massive corruption scandal rocking Brazil's political establishment undermined confidence in... Continue Reading →
Innovation: Petrobras' Cenpes R&D centre By Erik Means, Rio de Janeiro 24 October 2016 A new survey of companies involved in Brazil's oil and gas sector suggests that the industry – shaken by low oil prices and the Car Wash corruption scandal that have hit the country over the past two years – has gone... Continue Reading →
Baker Hughes is enjoying the single life. In the six months since its $34 billion merger with Halliburton was called off, Baker Hughes has been remaking itself. Walking away with a $3.5 billion break-up fee from its erstwhile suitor certainly helped. But the real improvements have been all of Baker Hughes' own making. Read more
Gas commercialisation: Statoil Brazil president Paal Eitrheim By Mark Hillier in Rio de Janeiro 25 October 2016 16:30 GMT Norwegian operator Statoil is setting up a dedicated team in Brazil to work on gas commercialisation opportunities as it builds up a portfolio that is becoming increasingly gas-weighted. Statoil Brazil president Paal Eitrheim said it is... Continue Reading →
Regulatory fixes: Brazilian Petroleum Institute president Jorge Camargo Agencia Ponto/IBP By Fabio Palmigiani in Rio de Janeiro 10/25/2016 Regulatory developments to leverage the competitiveness of the Brazilian oil and gas industry were discussed in a plenary session on the second day of the Rio Oil & Gas conference. All four panelists agreed that regulatory changes... Continue Reading →
Expansion: existing Peregrino A platform STATOIL Steve Marshall 24 October 2016 12:37 GMT Cameron Sense has reportedly secured a contract to deliver a complete drilling equipment package for a wellhead platform to be used under the second development phase of Statoil’s Peregrino heavy oil field off Brazil. The Kristiansand, Norway-based supplier, part of Schlumberger unit... Continue Reading →
Written by OE Staff Tuesday, 25 October 2016 GranEnergia and Prumo Logística have formed the joint venture, Dome, to offer integrated service solutions for the oil and gas industry. Dome aims to contribute to increase efficiency, streamline costs and ensure the integrity of facilities, seeking sustainability for oil and gas operations and projects. Initially, the... Continue Reading →
Brazil Energy Insight 