(OE) Offshore drilling companies Noble Corporation and Maersk Drilling have completed their merger. The transaction concluded through the completion of Noble’s recommended voluntary public share exchange offer to the shareholders of Maersk Drilling. The companies are now operating as a single organization as of October 3, 2022. Noble’s President and Chief Executive Officer, Robert Eifler, said:... Continue Reading →
Brazil election enters runoff as Bolsonaro dashes Lula’s hope of quick win
(Reuters) - The second round of Brazil's presidential campaign kicked off Monday after right-wing President Jair Bolsonaro outperformed polling and robbed leftist former President Luiz Inacio Lula da Silva of an outright victory in the first round of voting. The unexpectedly strong showing by Bolsonaro on Sunday dashed hopes for a quick resolution to the deeply polarized... Continue Reading →
New Brazilian assignment for Solstad vessel
Norwegian offshore vessel owner Solstad Offshore has been awarded a new contract offshore Brazil for one of its platform supply vessels (PSVs). Solstad Offshore informed on Monday that PSV Normand Titus has been booked by Trident Energy do Brasil for work in Brazilian waters, where Trident operates and owns 100 per cent working interest in ten concessions. The... Continue Reading →
‘Blue Oracle’ marine planning buoy cleared for launch in French floating wind zone
Installation of an innovative marine data collection buoy on one of the floating wind ‘macro-zones’ set to be tendered in the Mediterranean Sea off France is moving ahead following the award of final permits to technology developer Ocergy. The pilot unit, part of Ocergy’s ‘Blue Oracle’ (Buoy with Lidar and Underwater Equipment for Ocean Resource... Continue Reading →
Petrobras on the sale of potassium mining rights
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/11/2022, informs the beginning of the binding phase concerning the sale of its mining rights for research and mining of potassium salts located in the Amazonas Basin. Potential buyers qualified for this phase will receive a process letter with detailed instructions about the... Continue Reading →
PXGeo 3D Seismic contracted for the Itapu area
Petrobras to start the 3D Nodes Marine Seismic Survey Activity in the Itapu field, located in the Santos Basin. The works will be carried out approximately 174 kilometers from the coast, in a water depth of 1,600 meters. The acquisition of seismic data will be conducted by the company PXGeo do Brasil. Itapu is a... Continue Reading →
Petrobras on sale of onshore optic fiber network
Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), regarding the sale of its onshore fiber optic network. The teaser, which contains the key information about the opportunity, as well as the eligibility criteria for the selection of potential participants, is available on on Petrobras' Investor Relations website: https://www.investidorpetrobras.com.br/en/results-and-notices/teasers.... Continue Reading →
Baker Hughes Lands Work on World’s First Deepwater FLNG Unit
Oilfield services firm Baker Hughes said Friday it had secured a new service contract for maintenance and monitoring of turbomachinery equipment operations at Coral Sul FLNG, the first deepwater floating liquefied natural gas (LNG) unit operating off the coast of Mozambique on the Eni-led Coral South project. The contract also includes a provision of resident... Continue Reading →
Enauta: Manati Field Output Interrupted Due to Low Gas Demand
Brazilian oil and gas company Enauta said Friday that the production at the Manati field offshore Brazil has been interrupted due to the reduction in gas demand. "According to Petróleo Brasileiro S.A. (Petrobras), field operator and buyer of the gas produced by Manati, this reduction is due to the supply and demand conditions of the... Continue Reading →
Prio to start drilling development wells at Wahoo
(U) Prio plans to start drilling four development wells in the Wahoo oil field offshore Brazil, the company said this week. It will be connected via a subsea tieback to the Frade oil field, which it also owns, the independent oil company said in a statement issued at the Rio Oil & Gas 2022 conference.... Continue Reading →