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Shearwater GeoServices has established a new Brazilian subsidiary ‘Shearwater GeoServices do Brasil Ltda’ and opened a new office in Rio de Janeiro. The strengthened presence in Brazil follows Shearwater’s continued growth over the past 12 months, including extensive marine seismic acquisition offshore Brazil for a major multiclient company. Shearwater will now offer a full range... Continue Reading →
Closure date for the merger between offshore accommodation rig owners Floatel and Prosafe is not yet certain, as the flotel contractors are waiting for the competition authorities to give approval. In separate statements issued in the past week, the two firms said their respective banks have given support for the merger, subject to satisfactory documentation,... Continue Reading →
August 26, 2019 Petróleo Brasileiro S.A. – Petrobras, following up on the release dated 06/25/2019, informs the beginning of the binding phase related to the sale of all its stakes in eight onshore exploration and production concessions, located in the state of Bahia, jointly called Rio Ventura Cluster. Qualified parties for this phase will receive... Continue Reading →
August 23, 2019 Petróleo Brasileiro S.A – Petrobras, in relation to the news reported in the media, clarifies that as part of the competitive process of divestment of its entire stake in Liquigás Distribuidora S.A. the consortium formed by Itaúsa, Copagaz and Nacional Gás Butano presented the best binding offer for the acquisition of this... Continue Reading →
August 23, 2019 Petróleo Brasileiro S.A. - Petrobras informs that the rating agency Moody raised its stand-alone credit profile (SCP) by one notch to "ba2" from " ba3" and affirmed the “Ba2“ corporate rating, with a stable outlook. Moody's highlighted that the SPC upgrade reflects Petrobras' continued success in improving its credit metrics and liquidity... Continue Reading →
AUG 23, 2019 The expected jump by the National Petroleum Agency (ANP) in drilling activity next year will bring a large increase in investment volume. According to estimates, the amount will reach R$ 23.5 billion. This is a significant increase of 144% when compared to the R $ 9.6 billion forecast for 2019. As we... Continue Reading →
Aug 23, 2019 CGG has initiated a new 3D seismic data acquisition in the Campos and Santos basins pre-salt. Conducted by the ship Geo Caribbean, the campaign follows the mapping done in areas offered in the ANP's 15th bidding round, held in 2018. Among the covered areas are Dois Irmãos and Alto de Cabo Frio... Continue Reading →
Aug 23, 2019 Modec do Brasil has completed the issuance of a US $ 1.1 billion bond to finance one of its vessels in Brazil, the FPSO Cidade de Mangaratiba, in operation since 2014 in the Iracema Sul area, in the Lula pre-salt area. “This is the first public issuance to fund a Floating Production... Continue Reading →
Aug 23, 2019 Equinor plans to launch in mid-September a request for information (RFI) for hiring a hybrid boat to service operations in the Peregrino field. The operator will pursue a project that, in addition to safety and operational reliability, is aligned with concepts of innovation, digitization and automation. Equinor Brasil's supply chain chief in... Continue Reading →
Subsea and offshore solutions provider Unique Group has appointed Jaguar Oilfield Services Guyana as its approved partner and operator in Guyana for its Water Weights brand of load testing solutions. Jaguar Oilfield Services’ personnel will be fully trained in the operation and maintenance of Water Weights proof load test equipment. The local facility in Guyana... Continue Reading →
