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Seanamic Group company Flexlife, has secured a contract from a ‘leading’ South American operator for the scanning of flexible risers. The contract, in partnership with Houston based ROV major Oceaneering, covers the scanning of all deepwater, uninsulated flexible pipelines. It is part of a larger integrity management program to determine if flooding occurs in the flexible risers’... Continue Reading →
Sept 11, 2020 Offshore vessel provider Siem Offshore has been awarded contracts for two of its vessels by Total for operations in Brazil. Siem Offshore said on Friday that the Siem Atlas and Siem Giant vessels have each been awarded a two-year contract with two yearly options. Both vessels will start the contract in September... Continue Reading →
Sept 10, 2020 Petrobras has been announcing to the market the sale of several oil and natural gas exploration and production assets, especially fields located on land or in shallow waters. The Ministry of Mines and Energy (MME) clarifies that the decision rests exclusively with the Company and is part of its strategy of portfolio... Continue Reading →
September 11, 2020 - Petróleo Brasileiro S.A. - Petrobras informs that yesterday, the 74th phase of Lava Jato operation (Car Wash) was launched, in which the Federal Prosecutors and the Federal Police are investigating possible wrongdoing in connection with exchange contracts signed with Banco Paulista, as well as alleged improper payments to three Company employees,... Continue Reading →
Sept 10, 2020 Altera & Ocyan is the new name of the joint venture formed by the Brazilian Ocyan and the Norwegian Altera Infrastructure (formerly Teekay Offshore). The brand change took place at the beginning of the second half, after the Altera Infrastructure brand change process, which was completed at the beginning of the year.... Continue Reading →
Sept 10, 2020 A Petrobras manager was among the subjects of search warrants issued to police on Thursday, part of a years-long investigation into alleged corruption at the Brazilian state-controlled oil firm, according to court documents seen by Reuters. Brazil’s federal police served 25 search warrants as part of the sweeping “Car Wash” probe, one... Continue Reading →
Sept 10, 2020 Even the cleanest fossil fuel is losing its appeal to rich nations. Just a few years ago, natural gas was hailed as vital for the transition toward an economy that runs on renewable energy. But sentiment is changing and the fuel is going the same way as coal, its dirtier sibling shunned... Continue Reading →
Sept 10, 2020 The board of the National Petroleum Agency (ANP) gave the go-ahead this afternoon (10) for Petrobras to sell its 30% stake in the Frade field to PetroRio. The transaction raised US $ 100 million and was announced at the end of last year. PetroRio awaited the approval of the deal by the... Continue Reading →
Sept 10, 2020 Brazil’s federal police were serving 25 search warrants as part of an investigation regarding foreign-exchange transactions done by state-controlled oil company Petroleo Brasileiro SA between 2008 and 2011, according to a statement from federal prosecutors on Thursday. The raids are part of the 74th phase of Brazil’s so-called Car Wash probe, the... Continue Reading →
Sept 10, 2020 The U.S. Energy Information Administration (EIA) has raised its Brent and West Texas Intermediate (WTI) oil price forecasts for 2020, the organization’s latest short-term energy outlook (STEO) has revealed. Brent and WTI spot prices will average $41.90 per barrel and $38.99 per barrel, respectively, this year, according to the EIA’s September STEO.... Continue Reading →
