Jul 17, 2020 Among the units licensed by Petrobras are four with a capacity to produce 225,000 bopd On Thursday (7/15), Petrobras requested a license from Ibama for the implementation of 12 FPSOs in the Santos Basin pre-salt and the reactivation of an FPSO in Mero (“FPSO Mero FR”). There are four new units for... Continue Reading →
EAS shipyard seeks diversification to generate revenue again
Jul 17, 2020 Estaleiro Atlântico Sul (EAS), controlled by Camargo Corrêa and Queiroz Galvão, plans to diversify its activities, in an attempt to generate revenue and convince its creditors that it is capable of restructuring its R$1.3 billion debt. The company, located in the Suape port complex (PE), has been in bankruptcy since January. The... Continue Reading →
Petrobras speeds up decommissioning of FPSOs in Marlim and Voador
July 17, 2020 Petrobras is working to anticipate the deactivation of the floating platforms provided for in its current decommissioning plan. Among the priorities are the production units in the Marlim and Voador fields, in the Campos Basin. In a letter submitted to the ANP, the oil company proposed to send, first, the installation deactivation... Continue Reading →
FPSO Capixaba back in operation by August
July 17, 2020 The FPSO Capixaba should resume operations in August at Parque das Baleias, in the Campos Basin, ANP informed PetróleoHoje. The platform chartered by Petrobras has been out of production since April, after cases of covid-19 were confirmed among workers on board. Source: PetroleoHoje
Pre-salt stage 4 with 13 FPSOs
Jul 17, 2020 Petrobras requested a license from Ibama for the implementation of 12 FPSOs in the Santos Basin pre-salt and the reactivation of an FPSO in Mero (“FPSO Mero FR”). There are four new units for the Buzios field (Buzios FPSOs 9, 10, 11 and 12), in addition to the Sepia 2 FPSOs. Among... Continue Reading →
Maersk Drilling Upgrades Maersk Valiant Drillship
Danish offshore drilling company Maersk Drilling has recently upgraded its 2014-built Maersk Valiant ultra-deepwater drillship. While the Maersk Valiant was recently stacked offshore Port Fourchon the Managed Pressure Drilling (MPD) system was upgraded by integrating the new BTR rotating control device (RCD) by Weatherford. Continue reading
RIO OIL & GAS 2020 IS CONFIRMED FOR DECEMBER THIS YEAR AND WILL BE TOTALLY DIGITAL
Jul 17, 2020 The president of the Brazilian Petroleum Institute (IBP), Clarissa Lins, recently revealed, during an online broadcast, that this year's Rio Oil & Gas will be done entirely in digital format. The event will be held between December 1st and 3rd, on an exclusive online platform for the fair. According to the IBP,... Continue Reading →
Aker Solutions to Merge with Kvaerner, Names New CEO
Norwegian oil service providers Aker Solutions and Kvaerner, both controlled by Norwegian billionaire Kjell Inge Roekke, will merge to strengthen their base in the global energy industry, both companies said on Friday. Aker Solutions, which provides engineering services, and Kvaerner, which builds oil platforms, were hit when energy firms slashed spending as crude demand plunged... Continue Reading →
Warren Buffett bets $9.7 billion on a long future for natural gas
Warren Buffett’s $9.7 billion bet on natural gas looks even more contrarian today. As Democrat Joe Biden unveils a staggering $2 trillion clean-energy plan—the most ambitious climate package ever offered by a presumptive presidential nominee—Buffett’s recent deal to buy Dominion Energy Inc.’s natural gas assets is a stark sign he’s expecting that the market’s shift... Continue Reading →
OIL MAJORS WANT TO REDUCE UPSTREAM EMISSIONS BY 2025
Jul 16, 2020 The Oil and Gas Climate Initiative (OGCI), a group made up of large oil companies to respond to the O&G industry's global change, announced today a new emission reduction target. The consortium aims to reduce from 20 kg to 21 kg of CO2 for each barrel of equivalent oil sold in the... Continue Reading →