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The worldwide offshore rig count in June 2020 dropped by 65 rigs year-over-year and 2 rigs sequentially, according to a report by Baker Hughes. Baker Hughes splits its report into an international and North America one, which combine into a worldwide rig count. Continue reading
Jul 1, 2020 A much leaner company. This is the goal of the president of Petrobras, Roberto Castello Branco, who this Wednesday stated that the company should reduce the number of employees from the current 46,600 to 30,000. The executive also revealed that the Voluntary Dismissal Plans (PDVs) underway at the state-owned company had the... Continue Reading →
July 1, 2020 Modec will contract a new maintenance and security unit (UMS) to operate on the Brazilian coast. The vessel will support the FPSOs Cidade de Niterói, in Marlim Leste, Campos Basin; Cidade de Santos, in Uruguá-Tambaú, and Cidade de São Paulo, in Sapinhoá, Santos Basin, and the FSO Cidade de Macaé - all... Continue Reading →
July 1, 2020 Petrobras found more hydrocarbons in the well that confirmed good quality oil in the field in May, in a water depth of 2,108 m, According to ANP, Petrobras found new evidence of oil in well 9-BUZ-39DA-RJS, in the Búzios field, in the Santos Basin, in a water depth of 2,104 thousand m.... Continue Reading →
July 1, 2020 Petrobras receives proposals for the supply of wet Christmas trees (ANMs) for the Mero 3 field, in the Libra area, Santos Basin pre-salt. The tender calls for the acquisition of 11 pieces of equipment, along the same lines as the first two phases of the Mero field development. Source: PetroleoHoje
July 1, 2020 The Secretary of Petroleum, Natural Gas and Biofuels of the Ministry of Mines and Energy, José Mauro Coelho, estimated that, in the next 10 years, Brazil will be among the five largest oil producers and exporters in the world. "Although the oil industry has suffered (with the crisis), we already see an... Continue Reading →
July 1, 2020 Petróleo Brasileiro S.A. – Petrobras announces that it is suporting the Task Force for Climate-related Financial Disclosures (TCFD), an initiative by the Financial Stability Board of the G20 group, which is comprised by 19 leading global economies and the European Union, with the mission of developing recommendations for the disclosure of financial... Continue Reading →
U.S. engineering and construction services company McDermott International has completed its restructuring process by shedding nearly all of the company’s $4.6 billion of funded debt. McDermott said on Tuesday that it emerges from bankruptcy with $2.4 billion in letter of credit capacity and $544 million of funded debt. Continue reading
The COVID-19 pandemic will have a dramatic impact on energy supply and demand in the short term and will have lasting impacts once the pandemic dissipates but on its own will not be enough to advance the world’s progress towards the Paris climate ambitions, classification society DNV GL said. DNV GL said that its energy... Continue Reading →
Norwegian seismic survey company Shearwater GeoServices has received an award by the French seismic data company CGG for the Brazil Nebula survey extension. "We are pleased to see this award by CGG and look forward to continuing the work by Shearwater crews in Brazil,” said Irene Waage Basili, the CEO of Shearwater GeoServices. Continue reading
