Brought to you by Quest Offshore & Southern Cone Consultants
Petróleo Brasileiro S.A – Petrobras informs that today it signed a contract for the assignment of its entire 30% (thirty percent) stake in Brentech Energia S.A. (Brentech) to Enegen Participações Ltda (Enegen), Petrobras' partner in Brentech and holder of a 70% (seventy percent) stake in the company. The transaction closed with the signing of the... Continue Reading →
(Reuters) - Brazil's Finance Minister Fernando Haddad said there is no reason to worry about state oil major Petrobras after a recent leadership change that caused the company's shares to plummet. In an interview with French newspaper Le Monde published on Wednesday, Haddad said the appointment last week of Magda Chambriard as the company's CEO... Continue Reading →
(OE) Norwegian seismic firm PGS has obtained all permits for the start of the large Petrobras’ 4D survey over the Barracuda Caratinga fields, offshore Brazil. The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has issued the final permit for the large 4D survey over the Barracuda Caratinga fields and the survey is about... Continue Reading →
(OE) Offshore services firm Subsea 7 has been awarded a ‘super major’ contract by Petrobras for the development of the Búzios 9 field offshore Brazil. The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning of 102 kilometres of rigid risers and flowlines for the steel lazy wave production system. The exact value of the... Continue Reading →
New Speakers Announced South America Offshore Wind 2024 is happy to announce a new group of esteemed Speakers! Don't miss meeting their teams, and Register Now. This second annual edition of this premier event will feature 400+ global leaders from 200+ different companies looking to contribute to the South American market. It will host 50+ industry... Continue Reading →
(Reuters) - Argentina's government, facing domestic gas shortages and targeted service cuts, said on Wednesday that it had unblocked the unloading of a key Petrobras gas shipment, which it added should stabilize local supply. Recent cold weather had already hit gas supplies in the South American country, but that worsened when the unloading of the gas shipment... Continue Reading →
(Reuters) - Chevron shareholders on Wednesday re-elected all its 12 board directors, in a sign of support for the oil major at a time when it is caught in the regulatory crosshairs over its $53 billion proposed buyout of oil producer Hess Corp. CEO Michael Wirth said the company was moving ahead on the U.S. Federal... Continue Reading →
(OM) PGS has received approval from regulatory authority ANCAP to reprocess and rejuvenate its Uruguay MC3D GeoStreamer dataset. The survey 3DUR12, acquired in 2012, covered 15,600 sq km across the prospective offshore Pelotas Basin. It identified potential stratigraphic traps in the Syn-rift and Post-rift sequences. Reprocessing should help redefine exploration frontiers in this region, PGS said. The company’s... Continue Reading →
(Offshore-energy.biz) UK-headquartered CRP Subsea, part of AIS, has found a new assignment off the coast of Brazil, which will enable it to deploy its modular buoyancy modules on a deepwater oil field development in the Santos Basin. This deal, which CRP Subsea describes as a “sizable” one from an undisclosed firm it deems to be a “major” engineering, procurement, construction,... Continue Reading →
(OE) The US Bureau of Ocean Energy Management (BOEM) has released its Final Environmental Assessment (Final EA) of an offshore wind research lease in the Gulf of Maine. In October 2021, the state of Maine requested a research lease for the purpose of researching floating offshore wind energy technology and its deployment. The research... Continue Reading →
Brazil Energy Insight 