Searcher Seismic has reached an agreement with state-owned Perupetro to produce four new multi-client projects as part of its Offshore Peru Multi-client Campaign. According to Searcher’s statement on Wednesday, the interpretation, regional reconstruction, and play level evaluation will be delivered to participants through the delivery of four new projects; Huayno 2D Pre-Stack Reprocessing, Peru Offshore Rectified... Continue Reading →
Moraeus Hanssen set to leave Wintershall Dea
Maria Moraeus Hanssen, COO and Deputy CEO of Wintershall Dea, will leave the company on December 31, 2019, to pursue other opportunities. Until that time, she will continue in her present role providing board-level leadership of the EMEA business units and the merger integration, Wintershall Dea said in a statement on Wednesday. A recruitment process... Continue Reading →
Ten companies selected for Equinor’s Techstars Energy Accelerator 2019
Equinor today announced the second class of global start-up companies selected to participate in the Techstars Energy Accelerator. Three Norwegian companies participate in the programme. The ten start-up companies have been selected from hundreds of applicants across 42 countries. Through an intensive 13-week programme they will seek to accelerate their solution by tapping into a... Continue Reading →
Petrobras reports occurrence at Abreu e Lima refinery
August 27, 2019 Petróleo Brasileiro SA – Petrobras informs that yesterday detected a leakage of estimated 5 cubic meters of oily waste (oil and water) in the industrial waste treatment plant of the Abreu e Lima Refinery (Rnest). A small amount of oil reached a stream that passes through the refinery internal grounds. The leak... Continue Reading →
Norway urges its companies in Brazil to be mindful of deforestation
Norway, until recently the main donor to a fund to curb Amazonian deforestation, called on Tuesday on Norwegian companies active in Brazil to ensure they do not contribute to the destruction of the Amazon. Representatives of oil firm Equinor, fertilizer-maker Yara and aluminum producer Norsk Hydro, in which the Norwegian state is the top owner,... Continue Reading →
Brazil’s Campos Neto says GDP may not have grown in second quarter, sees room for stimulus
Brazil’s economy was stable or expanded slightly in the second quarter and while growth should pick up in the coming months, low inflation means there is room for more stimulus, central bank president Roberto Campos Neto said on Tuesday. In testimony to the Senate’s economic committee, Campos Neto also said that the central bank is... Continue Reading →
BENTHIC TO OPEN A NEW TECHNOLOGY CENTER IN RIO DE JANEIRO – Press release
Benthic, a global geosciences company in subsea services group Acteon, has announced plans to open its first Brazilian technology center and geotechnical laboratory in Rio de Janeiro. The state-of-the-art facility will open later this year in the Technological Park of the Federal University of Rio de Janeiro. Benthic aims to use the center for geoscience... Continue Reading →
AGS enters Brazilian market following OBN survey contract
Axxis Geo Solutions (AGS), a pure-play ocean bottom node seismic company, has signed a contract for source work in Brazil with a minimum value of $4 million with SAExploration. AGS said on Tuesday that the initial contract is minimum three-vessel months including mobilization and demobilization which is compensated for. The source vessel, Neptune Naiad, is... Continue Reading →
Tullow spuds second well offshore Guyana
Tullow Oil has started drilling at the Joe prospect in the Orinduik block offshore Guyana, the company’s second well in the block, after the Jethro-1 well which struck oil earlier this month. According to Eco Atlantic, Tullow’s partner in the block, Joe-1 was spud at 14.45hrs (Local Guyana time) on August 25, 2019, using the... Continue Reading →
Equinor plans to boost oil production in Brazil
08/26/2019 Norwegian state-owned company Equinor has plans to expand its oil production in Brazil by up to 280,000 barrels of oil per day (bpd) by 2024. The first step will be taken next year, when the company will increase its production by 60,000. bpd in the field of Peregrino (RJ). The company's project also has... Continue Reading →