July 15, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 09/30/2019, informs that it has finalized today the sale of its entire participation in two onshore production fields (Ponta do Mel and Redonda), located in the Potiguar Basin, in the state of Rio Grande do Norte, to Central Resources do... Continue Reading →
Petrobras concludes the sale of shallow water fields to Trident
July 15, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 07/24/2019, reports that it has today completed the sale of its entire stake in the ten fields that comprise the Pampo and Enchova Clusters, located in shallow water in the Campos Basin in the state of Rio de Janeiro, to... Continue Reading →
NEW BÚZIOS PHASE WILL BEGIN IN 2024 USING FPSOS WITH GREATER PRODUCTION CAPACITY
Jul 15, 2020 The Búzios field is the highlight of the news this Wednesday (15). The novelty now is that the second phase of the asset should begin in 2024, according to Petrobras president Roberto Castello Branco. The executive also confirmed that, in this new stage, FPSOs with a greater production capacity than those used... Continue Reading →
Petrobras onshore fields divestments arouse the interest of 40 small and medium-sized companies
Jul 14, 2020 Altogether, 40 small and medium-sized companies, 30 of which are Brazilian, are in the dispute to buy onshore mature oil fields from Petrobras, reveals Roberto Ardenghy, director of Institutional Relations at the state-owned company. With the pandemic, the company postponed for 12 months the conclusion of the sale of its 157 onshore... Continue Reading →
Portuguese company in the subsea works for Parque das Baleias
July 14, 2020 Petrobras accepted only one proposal to adapt the gas submarine network of the project in the Campos Basin Mota Engil Engenharia was the only company to have a proposal accepted by Petrobras in the bid for the acquisition of goods and services to adapt the underwater gas network of Parque das Baleias.... Continue Reading →
BUZIOS FIELD WILL START RACE FOR WET CHRISTMAS TREES UNTIL THE END OF THE YEAR
Jul 15, 2020 The wet Christmas and tree suppliers are looking forward to it. Petrobras' supply teams are finalizing all the details to place on the market the bid for the purchase of 38 trees for the phases that will come in Campo de Buzios, in the Santos Basin. The winning company or the winning... Continue Reading →
Wood completes work on SGN’s green hydrogen-to-homes network project in Argyll
Wood, the global engineering and consulting company, has successfully delivered preliminary engineering design services for gas network operator SGN’s candidate site at Machrihanish, on the west coast of Scotland, as part of its Hydrogen 100 (H100) project. The H100 demonstration project will initially aim to supply energy to homes in Fife, Scotland. When powered by... Continue Reading →
Keppel to Deliver Components for Two MODEC FPSOs
Singapore's Keppel O&M has received orders from Japan's FPSO leasing company MODEC to deliver components for two FPSO units. The orders are worth S$73 million (USD52,5 million) in total. In Singapore, Keppel Shipyard will fabricate, complete, and integrate the topside modules and mooring support structure for a Floating Production Storage and Offloading vessel (FPSO). Continue... Continue Reading →
Aker Solutions Sees Outlook Improving in H2 2020
Norwegian oil services firm Aker Solutions said on Wednesday the outlook has improved for the second half of the year with oil prices partly recovered from the lows in April and Norway offering tax incentives for the oil industry. Its full-year 2020 revenue, however, is still expected to fall by about a quarter year-on-year to... Continue Reading →
Rystad: Number of Drilled Wells in 2020 to Hit Lowest Point in a Decade
The number of drilled oil and gas wells this year is expected to reach about 55,350, the lowest since at least the beginning of the century, Norwegian energy industry intelligence firm Rystad Energy said. The demand for drilling equipment is also down. The expected 55,350 wells in 2020 are a drop of 23% fall from... Continue Reading →