July 10, 2020 Almost three years after the end of the precautionary blockade by Petrobras, the group closes contracts with the state-owned company and Trident Energy. Heftos Óleo e Gás Engenharia - a subsidiary of the UTC Participações group - signed contracts with Petrobras to provide services at the Gabriel Passos Refinery (Regap), in Minas... Continue Reading →
Christmas trees for Buzios
July 10, 2020 Petrobras will launch a bid to acquire a batch of wet Christmas trees for the new phases of the Búzios project, in the Santos pre-salt cluster. Notice for the tender will be released later this year. The terms of the tender are still being formatted by the E&P area, together with the... Continue Reading →
Petrobras on 2Q20 results
July 10, 2020 Petróleo Brasileiro S.A. – Petrobras reports that it will release its quarterly production and sales report on July 21st, 2020 and its financial performance report on July 30th, 2020, after the markets close. On July 31st, 2020 two webcasts will be held, the first in Portuguese and the second in English, to... Continue Reading →
Norway-linked Firms Might Bid for Petrobras’ Golfinho Field Offshore Brazil
Norway's BW Offshore Ltd and DBO Energy are among the firms mulling a bid for Petrobras' Golfinho oilfield cluster, two sources said, as Brazil's state-run oil company seeks to re-spark its asset sale program in the wake of this year's crude price crash. With average daily production of 15,000 barrels of oil and 750,000 cubic meters of gas, Golfinho is... Continue Reading →
Contract cancellation, extensions, and warm-stack mode for Noble rigs
Offshore drilling contractor Noble Corporation has received several new contract extensions for its drilling rigs and cancellation of a drilling contract in Vietnam. Noble has also decided to warm-stack some of its rigs. According to Noble’s latest fleet status report, published on Thursday, 9 July, the Noble Mick O’Brien jack-up has been awarded a contract extension from... Continue Reading →
Petrobras on news in the press regarding RLAM
July 9, 2020 Petróleo Brasileiro S.A. – Petrobras, regarding to the news published in the media, referring to the divestment of the Landulpho Alves Refinery (RLAM), clarifies that there was approval by the Company's internal bodies to start the negotiation phase of the applicable contracts and the Mubadala Investment Company (Mubadala) presented the best binding... Continue Reading →
Petrobras on shallow water field sales
July 9, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it signed today with OP Pescada Óleo e Gás Ltda., a wholly-owned subsidiary of Ouro Preto Óleo e Gás S.A., an agreement for the sale of its entire stake in the Pescada, Arabaiana, and Dentão fields located in shallow waters of the Potiguar Basin (Pescada... Continue Reading →
Siemens spins off its gas turbine and wind power business
Siemens AG shareholders approved a spinoff of the company’s energy business, one of CEO Joe Kaeser’s last major moves to reshape the German industrial stalwart. More than 99% of shareholders approved the motion to create an independent Siemens Energy AG at an extraordinary shareholder meeting on Thursday. The company, with almost 29 billion euros ($33... Continue Reading →
PETROBRÁS PLATFORM AUCTION IS RESCHEDULED FOR JULY 24
Jul 9, 2020 The international auction for the sale of Petrobras' P-7, P-12 and P-15 platforms was rescheduled for the next 24th, at 10am. The electronic auction will take place through the auctioneer João Emílio's website. Initially, the event would be held today. The platforms being auctioned by Petrobras are currently anchored in the Campos... Continue Reading →
Halliburton, TechnipFMC Launch Acoustic Sensing Solution for Subsea Wells
Oilfield services giants Halliburton and TechnipFMC have jointly introduced Odassea, described as the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce the total cost of ownership while improving reservoir knowledge, the companies said in a joint statement on Thursday. Continue... Continue Reading →