Oct. 16 (OE) U.S. oilfield services provider Halliburton has secured multiple contracts from Petrobras to provide completion and stimulation services for its deepwater fields offshore Brazil. The contracts entail vessel stimulation, intelligent completions, and safety valves services, using Halliburton’s engineering solutions. In the Búzios field, Halliburton will deploy its SmartWell intelligent completion technology to enable... Continue Reading →
T12 Engineering partners with Priner to strengthen presence in Brazil’s offshore and industrial markets
Oct. 15 - T12 Engineering has entered into a strategic partnership with Priner Serviços Industriais S.A., one of Brazil’s leading industrial and engineering service providers, as part of its continued international expansion. The collaboration combines T12’s global expertise in engineering and subsea solutions with Priner’s extensive operations throughout the country. Together, they will deliver an... Continue Reading →
Petrobras makes new oil discovery in the Pre-salt Aram block in the Santos Basin
Oct. 15 - Petrobras notified the National Petroleum Agency (ANP) about the discovery of oil traces in well 3-BRSA-1400A-SPS, in a water depth of 1,834 meters. The company drilled the well in mid-July using the West Auriga drillship. This was the fourth oil discovery in Aram this year alone. The others occurred in September, May,... Continue Reading →
Gazelle Partners with Chinese Manufacturer on Industrialization of Floating Wind Tech
Oct. 15 (offshoreWIND.biz) Floating wind foundation developer, Gazelle Wind Power, has signed a memorandum of understanding (MoU) with Titan Wind Energy, a Chinese manufacturer of onshore and offshore wind turbine components, which also has offices in Denmark and Germany. The two companies signed the MoU while a delegation from Gazelle was recently visiting Titan Wind’s... Continue Reading →
Seaturns Full-Scale Wave Energy Device on First Trials in France
Oct. 15 (OE) Seaturns, a French wave energy start-up, has completed manufacturing of its first full-scale floating wave energy converter and launched the initial phase of operational testing at the port of Nantes Saint-Nazaire. Built in just six months, the Seaturns demonstrator is a cylindrical floating buoy made of 42 tonnes of steel, measuring 15... Continue Reading →
Petrobras faces new environmental queries on Foz do Amazonas drilling license
Oct 14 (Reuters) - Brazil's environmental agency Ibama has requested additional information from state-run oil firm Petrobras as part of the licensing process for drilling in the Foz do Amazonas Basin, according to documents seen by Reuters on Tuesday. The agency also proposed a meeting on Thursday after a new technical report flagged "pending issues and... Continue Reading →
PetroReconcavo Completes Sale of 50% Stake in Seven Concessions to Mandacaru Energia
Oct. 14 (moneytimes) PetroReconcavo announced to the market the completion of a farm-out with Mandacaru Energia on October 10th. A farm-out is a type of agreement in which one party transfers part of its stake in a concession to another, which assumes responsibility for exploration and/or development activities within that concession. The transaction involves the... Continue Reading →
Petrobras Restarts Tupi Output, Strengthening Brazil’s Offshore Surge
Oct. 14 (oilprice.com) Brazil’s Petrobras has restarted production at its flagship Tupi offshore oilfield, restoring one of the country’s most productive pre-salt assets and adding momentum to Brazil’s rise as a top-five global oil producer. The Cidade de Angra dos Reis floating production vessel resumed operations this week after completing maintenance and compliance work ordered by Brazil’s oil... Continue Reading →
ExxonMobil Consortium’s Oil Output Marks Rise in Guyana
Oct. 14 (Reuters) Oil production by a consortium led by Exxon Mobil in Guyana rose to 770,000 barrels per day (bpd) following the start-up of the group's fourth floating output facility, the company's chief for the South American country said on Monday. Average production by The Exxon group, which controls all crude and gas production... Continue Reading →
DOF Signs $200M in Vessel Contracts with Petrobras
Oct. 14 - Norwegian offshore supply vessel owner DOF Group has secured long-term contracts for two of its vessels with Petrobras for work offshore Brazil. The contracts, with a combined value of approximately $200 million, are for Skandi Chieftain high-spec subsea vessel and Skandi Olympia DP2 construction support vessel. The vessels have been awarded four-year... Continue Reading →