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Tender rig specialists Atlantica Tender Drilling and Energy Drilling are planning to merge into what is expected to become the second largest tender drilling contractor. The two companies on Friday signed a letter of intent for the merger. According to the announcement, operations are backed by solid backlog against Petrobras and Total and a strong track... Continue Reading →
The worldwide offshore rig count for March 2019 decreased by two units sequentially but increased by 69 units year-over-year, according to Baker Hughes, a GE company (BHGE). BHGE splits its rig counts into international and North America rig counts, which combined make the worldwide rig count. Baker Hughes said in a report on Thursday that... Continue Reading →
The Supreme Court of Canada has rejected a request to review a decision of the Court of Appeal for Ontario that a $9.5 billion Ecuadorian judgment against Chevron Corporation cannot be enforced against Chevron Canada Limited, an indirect subsidiary. The Court of Appeal for Ontario’s decision, which is now final, dismissed all claims against Chevron... Continue Reading →
April 4, 201932 One of the main suppliers of engines and generators for thermoelectric plants in Brazil, the Finnish manufacturer Wärtsilä believes that the worst moment of the Brazilian economy has passed and foresees the resumption of the pace of business in the energy and oil and gas segments in the coming years. The new... Continue Reading →
April 4, 2019 The ANP published 12 extracts of additive terms of local content in the Official Journal of the Union (DOU) this Thursday (4/4). The terms refer to requests made by Dommo Energia, in relation to block BM-C-39; Central Resources (BT-POT-54); Petrobras and Equinor (ES-M-468 and ES-M-527); Vipetro Petroleum (LD_R13AM); Cowan Oil and Gas... Continue Reading →
Brazil Mines and Energy Minister Bento Albuquerque said on Thursday that he is optimistic that there will be a deal by next week resolving the government’s dispute with Petroleo Brasileiro SA over the offshore oil-producing zone known as the transfer of rights area. Albuquerque said he hoped for a deal in time for the National... Continue Reading →
Natural Gas Açu (GNA), which develops the first thermoelectric project in Porto do Açu (RJ), announced that it has closed agreements for long-term financing for the project. It also announced the contract with Siemens of € 1 billion to build and operate the GNA I UTE. In total, two financing agreements were signed: US... Continue Reading →
April 3, 2019 Petrobras is licensing a campaign to acquire 4D seismic data, with nodes, in the Jubarte field, in the Parque das Baleias, in the Espirito Santo part of the Campos Basin. The campaign will last 161 days. 4D seismic technology is being used for continuous seismic monitoring of oil reservoirs. A pioneering... Continue Reading →
MOSCOW -- More than 30 Gazprom Neft research geologists and IBM Research Brazil machine-learning research scientists have come together for the first time to share their unique knowledge, experience and skills in a research project, “Cognitive Geologist”*. The cooperation agreement signed by both companies aims at the development of state-of-the-art broad AI technologies, such as,... Continue Reading →
Neodrill, the innovator in pre-rig well construction technology through its CAN technology, has announced new solutions for subsea templates. This technology is now available to subsea equipment suppliers for worldwide use through licences from Neodrill. Continue reading
