SAO PAULO (Reuters) - The Brazilian government is seeking 40 billion reais ($12.7 billion) from construction and engineering conglomerate Andrade Gutierrez SA to settle claims related to its participation in a graft scheme, newspaper O Globo reported on Sunday. Citing calculations from members of the Office of the Attorney General and the Office of the... Continue Reading →
International offshore rig count 31 units short y-o-y
The international offshore rig count in September 2017 dropped by 31 unit year-over-year, according to a Friday report by Baker Hughes, a GE company. The international offshore rig count for September 2017 was 190, down 11 from the 201 counted in August 2017, and down 31 from the 221 counted in September 2016. The international rig count, which includes... Continue Reading →
Woodmac: Guyana could become regional oil powerhouse
Guyana, a non-oil producing country resting on the northern coast of South America, might soon become an oil and gas powerhouse in the region. This is according to the energy analytics company Wood Mackenzie, whose analysts commented on Guyana’s energy potential following Exxon’s report on Thursday of yet another offshore oil discovery in the country’s... Continue Reading →
Keppel lands conversion project for Liza FPSO
Keppel Offshore & Marine’s subsidiary Keppel Shipyard has secured a floating production storage and offloading vessel (FPSO) conversion contract from SBM Offshore meant for ExxonMobil’s Liza field offshore Guyana. The contract is for the conversion of a very large crude carrier (VLCC) into an FPSO, which upon completion, will be deployed to the ExxonMobil-operated Liza field,... Continue Reading →
CBO names Bossa Nova AHTS vessel in Brazil
Brazilian offshore vessel owner Grupo CBO has named the Bossa Nova anchor handler at a ceremony in Itajai, Brazil. According to Havyard, which provided the design for the vessel, the ceremony was held at the Oceana Shipyard, and the vessel is now on its way to Rio de Janeiro to complete its final tests. In... Continue Reading →
Exxon keeps drilling, Guyana keeps giving
U.S. oil major ExxonMobil on Thursday announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. Turbot adds to Exxon’s previous discoveries at Liza, Payara, Snoek and Liza Deep wells in the Stabroek Block. Following completion of the Turbot-1 well, the Stena Carron drillship will move to the Ranger prospect.... Continue Reading →
Ensco, Atwood shareholders approve all-stock merger
Shareholders of offshore drillers Ensco and Atwood Oceanics have approved the previously proposed merger of the two companies. Ensco on Thursday said 65 percent of its shareholders had voted in favor of the allotment and issuance of Ensco Class A ordinary shares to shareholders of Atwood Oceanics, Inc. in connection with the all-stock acquisition of Atwood... Continue Reading →
Dutch firm retrieves broken off gangway offshore Brazil
OOS International said that the OOS Gretha completed the gangway lift on September 29 in the Campos Basin, offshore Brazil. According to the Dutch provider of offshore accommodation solutions, the gangway broke off several months ago and the client, Brazilian oil company Petrobras, requested that OOS International assists with the recovery. Before the lift,... Continue Reading →
Petrobras is notified of ANP’s decision on local content in Libra
Rio de Janeiro, October 5, 2017 – Petróleo Brasileiro S.A. - Petrobras informs that, as operator of the Libra Consortium, it has been notified by the National Petroleum, Natural Gas and Biofuels Agency (ANP) of its decision on the consortium´s request for local content exemption for the items and subitems related to the platform subsystem... Continue Reading →
ANP concludes analysis of the exemption request of the Libra consortium
Updated: Wednesday, October 04, 2017, 12:25 PM The ANP analysis was completed for the Libra Consortium's request for exemption from compliance with Local Content for the items and sub-items related to the UEP subsite of the Libra Pilot project. The request was based on the contractual forecast of excessive price, set forth in Clause 25.8... Continue Reading →
