Brought to you by Quest Offshore & Southern Cone Consultants
Sept 5, 2019 Petrobras will require about 3,500 km of risers by 2023. Of this total, more than half (2,147,000 km) are still to be contracted, while 707 km have already been contracted, of which 357 km have been delivered and 283 km have contracts in progress. The figures were presented by Petrobras' General Manager... Continue Reading →
Argentina’s state-run oil company, YPF SA, is pushing ahead with plans to build a $5 billion natural gas export terminal despite the political and financial chaos racking the nation. The driller, which has led development of the nation’s Vaca Muerta shale trove, is in talks with potential international and domestic partners over designs for a... Continue Reading →
DNV GL has proposed the Probabilistic Digital Twin (PDT) to close the gap between digital twins – used increasingly by operators to manage the performance of their assets – and risk analysis still largely conducted manually before assets enter service. A digital twin is a digital “mirror” of a physical asset, including models of its... Continue Reading →
The proposed merger between offshore accommodation firms Prosafe and Floatel has suffered a setback in the UK, as the UK competition authority has found the merger would raise competition concerns in the supply of offshore accommodation. As previously reported, the proposed merger, if realized, would create the world’s largest offshore accommodation company, with Prosafe currently... Continue Reading →
September 4, 2019 The opening of the Brazilian natural gas market and the growth of national production should unlock billions in investments in infrastructure, according to a study by the Energy Research Company (EPE). The state-owned company sees potential for the construction of 16 new gas pipeline networks in Brazil in the coming years. The... Continue Reading →
September 4, 2019 Petrobras plans to drill ten wells in five production sharing areas in about two years Petrobras will start new exploratory campaigns in the Campos and Santos Basins pre-salt in the first quarter of 2020. Work on five production sharing areas will include drilling ten wells by the second quarter of 2022. Two... Continue Reading →
Brazil’s biggest-ever corruption investigation, which jailed dozens including a former president, has been threatened over the past week by a Supreme Court ruling and push back from politicians seeking to curb investigative powers. For the first time, justices of the top court have annulled a corruption conviction by the judge who oversaw the probe, current... Continue Reading →
Brazil’s continued upstream reforms have transformed the country’s E&P operations, said Decio Oddone, director general of the ANP, Tuesday at SPE Offshore Europe 2019. Oddone, speaking at the Brazil-UK oil and gas presentation for investors, said most of the world’s largest oil companies now operate in the Santos and Campos basins, and that between 2017-21,... Continue Reading →
iXblue and 2G Robotics have signed a memorandum of understanding (MoU) to offer a new survey skid for inspection-class ROVs. This all-in-one integrated skid should deliver inspection capabilities on small ROVs, enabling survey and inspection on low cost assets. Continue reading
U.S. offshore vessel giant Tidewater has appointed new CEO as the chief executive CEO John T. Rynd is retiring. Tidewater said Wednesday that Quintin V. Kneen would take over as President, Chief Executive Officer, and director of Tidewater, effective immediately. Kneen has served as Executive Vice President and Chief Financial Officer of Tidewater since Tidewater’s... Continue Reading →
