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Sept. 3, 2019 The Administrative Council for Economic Defense (Cade) approved, without restrictions, the acquisition by Galp Bioenergy of a 50% stake in Petrobras Biocombustíveis (Pbio) in Belem Bioenergia Brasil (BBB). With the approval, Galp becomes BBB's sole parent. The contract between the two subsidiaries was signed in early August. Headquartered in Belém (PA), BBB... Continue Reading →
Sept. 3, 2019 The industry has standardized, simplified and downsized the equipment in recent years, but one more change is needed to drive a sustainable future for the subsea industry and the world it serves. With Aker Solutions' smart subsea approach, the time required to generate optimal subsea field layouts can be cut by 75%... Continue Reading →
02 Sept, 2019 Petrobras has made a new notification of verified evidence of oil. This time, the discovery took place in the Sergipe-Alagoas Basin, within block BM-SEAL-4, at 2,647 meters of water depth, in well 3-BRSA-1368-SES. Drilling of well 3-BRSA-1368-SES began on June 20 of this year, through the Petrobras 10,000 rig. Petrobras is the... Continue Reading →
September 3, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that in August its total oil and gas production, including natural gas liquids (NGL), was 3 million barrels of oil equivalent per day (boed), with daily production achieving 3.1 million boed, both reaching record high. In addition, the average pre-salt production (including partners share), in... Continue Reading →
Sept 3, 2019 Petrobras is receiving one of the most important awards in the petroleum and gas industry, given by the Brazilian chapter of the Offshore Technology Conference (OTC Brazil), for the series of innovations developed during the Libra Long Term Testing (TLD), at the Bacia de Santos' pre-salt layer. According to the OTC Brazil,... Continue Reading →
SMD has introduced its electric work-class remotely operated vehicle. According to the company, its Quantum/EV ROV introduces electric drive technology to the subsea sector in an optimised, modular package which brings Work Class ROV performance and capability to a new level. The Quantum/EV is SMD’s environmentally responsible solution designed around five key principles covering performance,... Continue Reading →
Norwegian offshore vessel operator Solstad Offshore has won a contract extension for its construction support vessel Normand Pacific. The offshore vessel has been working for the offshore cabling specialist Prysmian, which has now exercised its option to extend. The extension in for two years. The contract is now expected to keep the vessel busy with... Continue Reading →
September 2, 2019 Petróleo Brasileiro S.A. – Petrobras, following up on the release dated 08/09/2019, reports the beginning of the binding phase to sell all of its operated working interest in 11 producing shallow waters fields located in the Campos Basin, jointly called Garoupa Cluster. Qualified parties for this phase will receive a process... Continue Reading →
Aug 30, 2019 Petrobras, in continuation of the announcements released on June 28 and July 15, 2019, referring to the first phase of the refining and associated logistics assets sale processes in the country, which includes refineries Abreu e Lima (RNEST), Landulpho Alves (RLAM), President Getúlio Vargas (REPAR) and Alberto Pasqualini (REFAP) and their corresponding... Continue Reading →
Mexican oil company Pemex has chartered two CIMC Raffles-built jack-up drilling rigs on long term contracts. CIMC last Thursday held a naming and sail-away ceremony for the two 400ft jack-up rigs the Gulf Driller VI and Gulf Driller VIII. “The two rigs will soon sail to the Gulf of Mexico to provide oil and gas... Continue Reading →
