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(TN) Subsea7, a global leader in the delivery of offshore projects and technology for the energy sector, confirmed, after a competitive process, the signing of four long-term daily rate contracts for engineering vessels (PLSVs) with Petrobras. The agreements, which will begin next year, have a combined value of more than US$1.25 billion and will be... Continue Reading →
(Offshore-energy.biz) Brazilian oil and gas player Enauta has resumed production from one of its floating, production, storage, and offloading (FPSO) vessels working on a field offshore Brazil, following maintenance. Enauta reported that production in the Atlanta field in Brazilian waters was restarted on May 25, 2024, following five-day maintenance on the FPSO Petrojarl I. The platform’s operational availability... Continue Reading →
(OE) Norwegian seismic firm PGS has obtained all permits for the start of the large Petrobras’ 4D survey over the Barracuda Caratinga fields, offshore Brazil. The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has issued the final permit for the large 4D survey over the Barracuda Caratinga fields and the survey is about... Continue Reading →
(OE) Offshore services firm Subsea 7 has been awarded a ‘super major’ contract by Petrobras for the development of the Búzios 9 field offshore Brazil. The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning of 102 kilometres of rigid risers and flowlines for the steel lazy wave production system. The exact value of the... Continue Reading →
(Offshore-energy.biz) UK-headquartered CRP Subsea, part of AIS, has found a new assignment off the coast of Brazil, which will enable it to deploy its modular buoyancy modules on a deepwater oil field development in the Santos Basin. This deal, which CRP Subsea describes as a “sizable” one from an undisclosed firm it deems to be a “major” engineering, procurement, construction,... Continue Reading →
(OM) BW Energy plans to take FID later this year on two new infill wells at the Golfinho Field in the Espirito Santos Basin offshore Brazil, the company said in a results statement. The GLF-51 oil well and the GLF-50 gas well should double production from the field in 2027. BW Energy reported first-quarter 2024 stable production... Continue Reading →
The platform ship Marechal Duque de Caxias arrived in Brazil today, 05/27, from China, heading for the Mero field in the pre-salt Santos Basin. The platform of the FPSO type (floating production, storage, and transfer unit) can produce up to 180,000 barrels of oil and compress up to 12 million cubic meters of gas, all... Continue Reading →
(OilNow) Luiz Hayum, a principal analyst with Wood Mackenzie’s Latin America upstream research team, sees Guyana’s oil bounty raking in huge sums for the ExxonMobil-led consortium and the government. “Our valuation for Stabroek’s ten-FPSO development is over US$150 billion at US$65/barrel Brent prices split between the government and the three block partners,” Hayum said in... Continue Reading →
(OE) Petrobras, together with its partners, has made the final investment decision (FID) for the second development phase of Atapu and Sépia fields, located in the prolific pre-salt Santos Basin, offshore Brazil. The Atapu field has been producing since 2020 through the P-70 floating production storage and offloading (FPSO) unit, with a production capacity of... Continue Reading →
Petróleo Brasileiro S.A – Petrobras informs that, today, it signed contracts with Seatrium O&G Americas Limited to acquire the P-84 and P-85 vessel platforms. Both units will be self-owned and installed in the Atapu and Sépia fields, respectively, in ultra-deep waters of the pre-salt of the Santos Basin, with first oil date between 2029 and... Continue Reading →
Brazil Energy Insight 