June 26, 2019 The government estimates that the end of the monopoly of the natural gas market could generate investments of up to R $ 32.8 billion in expansion of transportation infrastructure and fuel outflow. In addition, it sees an increase of R $ 2 billion in the collection of royalties and R $ 5.3... Continue Reading →

June 26, 2019 Wärtsilä signed a contract with Sapura Brasil for the monitoring and maintenance of equipment of six Pipe Laying Support Vessels (PLSVs), currently contracted by Petrobras. Wärtsilä will service the fleet through a parts contract and a local service contract. In total, 34 engines and 42 propellers from the Finnish manufacturer will be... Continue Reading →

June 26,2019 The National Agency for Petroleum, Natural Gas and Biofuels (ANP) published on May 23, 1919 Resolution No. 789 which specifies waterborne fuels by reducing the maximum limit of sulfur content in bunker fuels for do not have an exhaust gas cleaning system. This standard complies with Annex VI of MARPOL, which is incorporated... Continue Reading →

The company has 26 vessel repair contracts for 2019 an increase over 2018 with 24 completed . Wilson Sons shipyard will conclude the maintenance of the PSV (Platform Supply Vessel) Zarapito and the tugboat Vega by the end of this month. The operations started on 4 June, in Guarujá, and includes repair procedures for the structural, mechanical, electrical... Continue Reading →

Baker Hughes, a GE company (BHGE) and C3.ai have formed a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s AI software suite to deliver digital transformation technologies for the oil and gas industry. The joint venture combines BHGE’s extensive oil and gas technology domain expertise with C3.ai’s AI software... Continue Reading →

TechnipFMC (NYSE:FTI) (Paris:FTI) has agreed to resolutions with the U.S. Department of Justice (DOJ), the U.S. Securities and Exchange Commission (SEC) Staff and the Brazilian authorities (the Federal Prosecution Service (MPF), the Comptroller General of Brazil (CGU), and the Attorney General of Brazil (AGU)) to resolve anti-corruption investigations in Brazil and relating to the intermediary,... Continue Reading →

June 25, 2019 New Gas Market: Entry of operators aims to stimulate the economy and cause prices to fall The National Energy Policy Council (CNPE) has approved a resolution with a series of measures to open up the natural gas market in the country. Today and tomorrow the “New Gas Market” resolution, a federal government... Continue Reading →

Enpro Subsea and DASS Can-K Pumps have announced a memorandum of understanding (MoU) to deliver multiphase pumping solutions for topside and subsea well boosting. The announcement sees Can-K’s patented Electro Submersible Twin-Screw Multiphase (ESTSP) pump technology being combined with Enpro’s subsea systems expertise and patented Flow Access Modules (FAM) technology to create a retrievable subsea... Continue Reading →

Norwegian seismic companies TGS-NOPEC and Spectrum are expected to complete their previously proposed merger in the third quarter of 2019. TGS-NOPEC on Friday afternoon said that both sets of shareholders had approved the proposed merger on the same day at extraordinary general meetings held at 5 p.m. “All resolutions proposed were approved by the shareholders... Continue Reading →