Shawcor’s pipe coating division has entered into several contracts with an international EPC contractor to provide coating services for offshore pipeline projects. The projects include: Petrobras’ Mero in Brazil; ConocoPhillips’ Tor 2 in Norway; BP’s Atlantis in the Gulf of Mexico; Energean’s Karish in the Mediterranean Sea; Shell’s Powernap in the Gulf of Mexico; Equinor’s... Continue Reading →
Petrobras seeks new RSVs
June 11, 2019 Petrobras has launched a tender to charter vessels to support remote-operated submarine robot operations (RSVs). The competition is divided into two lots, the first of which provides for a two-year contract, and the second, a three-year agreement. The deadline for submission of proposals ends on July 10. The vessels should be equipped... Continue Reading →
Petrobras and CADE signs agreement for the downstream segment
Rio de Janeiro, June 11, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that it has signed a commitment agreement with the Administrative Council for Economic Defense (CADE), which consolidates the understanding between the parties on the execution of divestment of refining assets in Brazil. The purpose of the agreement is to provide competitive... Continue Reading →
Constellation a step away from BM-S-11
June 11, 2019 The directors of Shell and Petrogal will appreciate the contracting of the Constellation Laguna Star drillship during a two-year operation in the BM-S-11 block in the pre-salt of the Santos Basin. The drilling unit was offered by the Brazilian group in a Petrobras bid, and its chartering now depends only on the... Continue Reading →
Petrobras plans to restructure Gas and Energy
June 11, 2019 Petrobras is preparing to remodel its Gas and Energy (G & E) activities. The state company has launched a tender to hire a specialized consulting service to support the definition of the organizational structure appropriate to the business in the area, which is considered strategic for its future. In the tender notice,... Continue Reading →
Total: Second phase of Brazil’s Mero deep offshore project launched
French energy group Total said it had launched the second phase of development for the Mero project off the coast of Brazil, along with its partners, as the deep offshore oil project moves closer to getting off the ground. “The decision to launch Mero 2 comes as a new milestone in this large-scale project that... Continue Reading →
Petrobras’ offshore assets
June 11, 2019 Submarine equipment, vessels, rigs and platforms: the enormous network that the company maintains to develop its deepwater assets. Since the discovery of the Garoupa field in 1974, Petrobras has embarked on a successful path to developing offshore reserves, becoming a world reference in E & P in deep and ultra deep waters... Continue Reading →
Rystad: Hasty offshore sanctioning leads to cost overruns
As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects. However, hasty sanctioning can lead to less certainty of what the ultimate cost of any given project will be, according to Rystad Energy. Projects... Continue Reading →
Petrobras update on the SBM contract for second definitive production system of Mero field
Published on: 11/06/2019 08:08:11 Petrobras, the Libra Consortium operator, signed a contract on Monday (10/6) with the SBM Group to charter and operate the second definitive production system of Mero field, located in the northwestern area of the Libra block. The unit will be deployed in the Mero 2 project, about 180 km off the... Continue Reading →
Petrobras receives R$ 265 million as a result of Braskem leniency agreement
Rio de Janeiro, June 10, 2019 - Petróleo Brasileiro S.A. – Petrobras informs that it received an approximate amount of R$ 265 million, as a result of a leniency agreement of Braskem with the Comptroller General of the Union (CGU) and the Federal Attorney General (AGU). Braskem had already returned R$ 564 million to Petrobras... Continue Reading →