5/14/2019 Omni Táxi Aéreo was contracted by PetroRio to service the company's operations in the Frade field in the Campos Basin. The agreement provides for the transportation of passengers and aeromedical coverage with flights departing from Macaé Airport (RJ). The helicopter operator was already responsible for the air support to the oil company in the... Continue Reading →

Brazilian oil company Petrobras has awarded McDermott a contract for the engineering, procurement, construction, and installation of subsea risers and flowlines for the first phase of the Sepia field, offshore Brazil. McDermott said on Tuesday that the contract was a significant one. The company defines a significant contract as being worth between  $250 million and... Continue Reading →

World’s largest oilfield services company Schlumberger is teaming up with Google Cloud to develop exploration & production solutions aimed at helping with seismic processing and field development. Schlumberger on Wednesday said ti had renewed and significantly expanded its agreement with Google Cloud to develop cloud-native E&P applications. The oilfield services firm expects the agreement will... Continue Reading →

Offshore drilling contractor Pacific Drilling has posted a loss for the first quarter of 2019, but the CEO is optimistic about the signs of rising demand for hi-spec rigs. Pacific Drilling on Tuesday said its net loss for the quarter was $84 million, which is an improvement from a loss of $96 million in the... Continue Reading →

  10/05/2019 Petrobras, following the announcement dated 04/09/2019, announces the beginning of the non-binding phase related to the sale of the entire shares of Liquigás Distribuidora S.A. At this stage of the project, stakeholders who have signed the Confidentiality Agreement will receive a detailed memorandum containing more detailed information about the assets in question, as... Continue Reading →

SBM Offshore expects to get new contracts in the country as of this year, after closing in 2018 a leniency agreement to close investigations into the company's involvement in a corruption scheme in the country. At the same time, with an eye on the transformations of the energy sector, the traditional Dutch supplier of oil... Continue Reading →

Russian oil producer Rosneft said on Monday its net income and oil production rose in the first quarter as it ramped up output at both mature and new fields and capitalized on favorable foreign currency rates. The Kremlin-controlled firm, headed by Igor Sechin, a close ally of President Vladimir Putin, also said Venezuela had continued... Continue Reading →

The production project provides for 10 wells, four of which are producers, four gas injectors and two other seawater injectors. Shell is planning to install a Floating, Production, Storage and Offloading (FPSO) type mooring anchorage in the area of ​​the exploratory block BM-S-54, where the discovery is known as Gato do Mato, in the pre-salt... Continue Reading →

Oilfield services provider Weatherford International Plc said on Friday it would file for Chapter 11 bankruptcy protection. The company said it will look to enter into two debtor-in-possession financing, including a revolving credit facility of up to $750 million provided by banks or other lenders, and a loan facility of up to $1 billion. (bit.ly/2VvvO5y)... Continue Reading →