Exxon’s Payara project approved

ExxonMobil has secured approval for its Payara project in the Stabroek Block offshore Guyana and an agreement, which would also cater for stiff fines for flaring violations and a commitment that reservoir water be treated to international standards before dumping, should be signed soon, Minister of Natural Resources Vickram Bharrat has said. “We are coming... Continue Reading →

Weatherford, Safe Influx in Drilling Tech Collaboration

Oilfield services giant Weatherford has entered a collaboration agreement with the automated well technology specialist with Safe Influx. The two companies say the collaboration would focus on revolutionizing well integrity during the construction phase by bringing to market the first-ever integration of Managed Pressure Drilling (MPD) solutions and Automated Well Control technology. "This unprecedented collaboration... Continue Reading →

Petrobras on sale of stake in Gás Local 

Petróleo Brasileiro S.A. – Petrobras informs that it signed, on this date, contracts with White Martins Gases Industriais Ltda. (White Martins) including: (a) sale of Petrobras' 40% stake in the company GNL Gemini Comercialização e Logística de Gás Ltda (Gás Local); b) agreement to close pending corporate disputes, arbitration and issues under judicial discussion regarding... Continue Reading →

Brazil Oil and Gas Circuit

In the latest edition of the Brazil Oil and Gas Circuit, an event organized by ONIP in partnership with ABPIP and supported by Firjan, the Rio 2020 Petroleum Yearbook was the central theme and brought an insight into the activities in exploration and production in Rio de Janeiro waters, with guests from three operators. The... Continue Reading →

Petrobras awards long-term charters to POSH flotel duo

Offshore marine services provider PACC Offshore Services Holdings (POSH) has secured long-term charters for two of its offshore semi-submersible accommodation units – POSH Arcadia and POSH Xanadu – with Petrobras. The two flotels will provide maintenance and accommodation support for multiple Petrobras platforms and floating production storage and offloading (FPSO) vessels in Brazil waters for... Continue Reading →

Vallourec, FORSSEA Robotics and iXblue join forces to facilitate the inspection of subsea pipelines using drones and digital technology

Vallourec, a world leader in premium tubular solutions, is working with FORSSEA Robotics, a startup specializing in smart robotics and visual positioning, and iXblue,  a company recognized for its expertise in inertial navigation, subsea positioning and autonomous technologies – to develop a pipeline inspection solution combining subsea drones and the use of visual markers, removing... Continue Reading →

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