Brought to you by Quest Offshore & Southern Cone Consultants
McDermott International announced it has been awarded a contract by Argentina-based YPF to provide pre-front-end engineering design (Pre-FEED) services for a five million tons per annum (MTPA) LNG Liquefaction Facility, with a potential expansion to 10 MTPA, at the Vaca Muerta Shale field in Argentina. The scope of work is a continuation of a previous... Continue Reading →
July 19, 2019 The Brasfels shipyard, in Angra dos Reis (RJ), will no longer complete and integrate the FPSO Carioca modules, contracted by Petrobras to Modec to operate in the Sepia field, in the Santos Basin. Contrary to what was originally planned, the modules under construction in Brazil will be taken to China to be... Continue Reading →
July 19, 2019 Lorena Dominguez is the new Director of Operations (COO) of Repsol Sinopec Brasil. The Spanish executive will lead the teams responsible for Sapinhoá, Lapa, Albacora Leste, BM-C-33 and other company assets in the exploration phase in the country. Recently, Lorena was the leader of Repsol's team of geologists and geophysicists in the... Continue Reading →
July 19, 2019 – Petróleo Brasileiro S.A. - Petrobras informs that in the scope of the bidding process for total disinvestment of Petrobras' interests in Pampo and Enchova Poles in Campos Basin, Trident Energy has delivered the best final bid for assets acquisition. Regarding media reports about this operation, the Company clarifies that the price... Continue Reading →
Brazilian oil company Petroleo Brasileiro SA has chosen a bid from Warburg Pincus-backed Trident Energy as the winner in a final “re-bid” for two oilfields, three sources with knowledge of the matter said. Petrobras, as the Brazilian state-run oil company in known, will fetch nearly $1 billion, two of the sources said. The firm received... Continue Reading →
Oilfield services provider Schlumberger recorded a 14 percent increase in its second quarter 2019 net profit while expecting oil market sentiments to remain balanced. Schlumberger has also revealed that its CEO will retire after eight years in the role and the company has already lined up a replacement. Schlumberger on Friday posted revenues of $8.27... Continue Reading →
Singapore’s offshore drilling rig and vessel construction company Keppel O&M has returned to profit in the first half of 2019. The order book is at 2016 high, with a large chunk of new orders coming from renewables and LNG sectors. Keppel has also employed more than 700 people in 2Q. According to Keppel Corporation’s results... Continue Reading →
July 19, 2019 Petróleo Brasileiro S.A. - Petrobras clarifies media reports related to the supply of fuel to two Iranian vessels. Petrobras did not provide fuel to the exporting company because the Iranian vessels it contracted and the Iranian company that owns those vessels are sanctioned by the United States and are listed in the... Continue Reading →
U.S. and Brazilian authorities are investigating whether Honeywell International Inc’s (HON.N) use of third parties in Brazil violated the U.S. Foreign Corrupt Practices Act, Honeywell said in a regulatory filing on Thursday. The probes by the U.S. Department of Justice, Securities and Exchange Commission and Brazilian authorities involve third parties hired by Honeywell’s UOP oil... Continue Reading →
ANP approved the exit of Barra Energia from the Carcará project, in the exploratory block BM-S-8, in the pre-salt of the Santos Basin, with the transfer of its stake to Equinor, the project operator. Also ANP approved the assignment of a 3% equity interest in Equinor's project to Petrogal and another 3.5% to ExxonMobil.
