Sept. 3, 2019 The industry has standardized, simplified and downsized the equipment in recent years, but one more change is needed to drive a sustainable future for the subsea industry and the world it serves. With Aker Solutions' smart subsea approach, the time required to generate optimal subsea field layouts can be cut by 75%... Continue Reading →
Petrobras reports on production in August
September 3, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that in August its total oil and gas production, including natural gas liquids (NGL), was 3 million barrels of oil equivalent per day (boed), with daily production achieving 3.1 million boed, both reaching record high. In addition, the average pre-salt production (including partners share), in... Continue Reading →
SMD Rolls Out Electric Work-Class ROV
SMD has introduced its electric work-class remotely operated vehicle. According to the company, its Quantum/EV ROV introduces electric drive technology to the subsea sector in an optimised, modular package which brings Work Class ROV performance and capability to a new level. The Quantum/EV is SMD’s environmentally responsible solution designed around five key principles covering performance,... Continue Reading →
Letter of Resignation of Márcio Félix
Sept 02, 2019 The Minister of Mines and Energy, Bento Albuquerque, responded today to the Letter of Resignation received from Márcio Felix Carvalho Bezerra, Secretary of Oil, Natural Gas and Biofuels, on Friday Aug. 30,. Source: MME
Petrobras updates on event in the Campos Basin – FPSO Rio de Janeiro
August 29, 2019 - Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 08/28/2019, reports that Modec has reported to the company that, this Thursday morning, the Salvage team boarded the FPSO Cidade do Rio de Janeiro again to proceed with the activities to prepare the decommissioning and removal of the vessel.... Continue Reading →
Brazil has only 7% of its sedimentary basins exploited and oil and gas jobs can double
August 29, 2019 A new survey by EY and the Brazilian Petroleum Institute (IBP) provided an updated overview of the importance of the oil and gas sector for the Brazilian economy. Currently, the oil industry occupies the third place in the ranking of the main economic activities and is fourth in relation to exports. Research... Continue Reading →
Repsol Sinopec Brazil, Ouro Negro and PUC-Rio expand technological partnership
Repsol Sinopec Brazil, Ouro Negro and the Mechanical Engineering Department of PUC-Rio’s Technical and Scientific Center (CTC/PUC-Rio) are expanding their technological partnership, developing a through tubing logging profiling tool to assess cement quality in lined wells. “The proposal is to have a tool that enables the detection of cement anomalies in the adjacent layer and... Continue Reading →
Brazil steers clear of recession as second quarter GDP growth accelerates
Brazil’s economy rebounded strongly in the second quarter after having shrunk in the first, official figures showed on Thursday, indicating Latin America’s largest economy comfortably avoided falling back into recession. The 0.4% growth in the April-June period will be a relief to President Jair Bolsonaro’s government, which was in large part elected to revive an... Continue Reading →
Petrobras updates on occurrence at Abreu e Lima refinery
August 28, 2019 Petróleo Brasileiro SA – Petrobras following up on the release disclosed yesterday, reports that progress has been made in the collection of oily waste (oil and water) leaked from the industrial waste treatment plant of the Abreu e Lima Refinery (Rnest), in Pernambuco. The estimated leakage of 5 cubic meters was detected... Continue Reading →
Moraeus Hanssen set to leave Wintershall Dea
Maria Moraeus Hanssen, COO and Deputy CEO of Wintershall Dea, will leave the company on December 31, 2019, to pursue other opportunities. Until that time, she will continue in her present role providing board-level leadership of the EMEA business units and the merger integration, Wintershall Dea said in a statement on Wednesday. A recruitment process... Continue Reading →