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(PetroleoHoje) Azevedo & Travassos announced, on Friday (3/9), that it has taken another important step to acquire Heftos, a subsidiary of its competitor UTC, and all its assets in Macaé (RJ). The group contributed R$ 40 million through a court payment in favor of the Court of the 2nd Bankruptcy and Judicial Reorganization Court of... Continue Reading →
DOF Subsea has concluded the sale of the 2001-built construction support vessel (CSV) Skandi Neptune to an international buyer. The company will deliver Skandi Neptune to the buyer in Q3 2022 after the vessel completes its current commitments. DOF Subsea did not reveal further details about the price and the new owner. As reported in July, Skandi Neptune was mobilised for... Continue Reading →
Brazilian oil firm Enauta is again experiencing problems with the pump system at its Atlanta field offshore Brazil, with output from one well now interrupted. Enauta said that the output interruption occurred on Sunday, September 5. "At this moment, two wells are operational in the field, with a daily average production of nearly 14,000 barrels... Continue Reading →
The oil and gas industry in Brazil saw an expressive 700% growth in the number of mergers and acquisitions in the first half of the year compared to the same period in 2020. According to a survey carried out by KPMG, the sector had 16 operations in January and June 2021. Last year, at the... Continue Reading →
Bankrupt offshore drilling contractor Seadrill Limited is on track for Chapter 11 emergence following court approval of its disclosure statement for the reorganisation plan. Seadrill filed for Chapter 11 back in February 2021 and has been working since then on a plan to emerge from bankruptcy. In late July, the rig owner hammered out the reorganisation plan with its... Continue Reading →
(Bloomberg) --Talos Energy Inc., the U.S. offshore explorer behind Mexico’s largest oil discovery in years, is taking the first step toward an international dispute after control of the field was given to state producer Pemex. The Houston-based driller sent the Mexican government a dispute notice Friday, a required step before moving to arbitration under the... Continue Reading →
(PetroleoHoje) McDermott will be responsible for the campaign to replace part of the flexible risers in the Tupi field with rigid lines. After months of negotiations, the company and Petrobras reached an agreement to contract the service, after the group presented the lowest price in the oil company's bid. Officially, the two companies do not... Continue Reading →
(epbr) The ANP's Special Bidding Commission approved the registration of 3R Petroleum in the 17th bidding round, scheduled to take place on October 7th. The Round will offer exploratory blocks for oil and gas in the Campos, Santos, Potiguar and Pelotas basins. -- 3R's entry into the auction may indicate a broadening of focus on... Continue Reading →
(Bloomberg) --Mexico’s new Finance Minister Rogelio Ramirez de la O said he will continue support for state oil giant Pemex, but it’s too late to change the country’s oil laws. “The government is in full position to keep supporting Pemex,” Ramirez de la O said at a Moody’s event Thursday. But the government will also... Continue Reading →
(Reuters) - Brazil's real , will continue to get some aid this year from solid trade surpluses and further interest rate hikes that should help avoid bigger losses for the currency as domestic tensions intensify, a Reuters poll showed. The real has been rangebound, trading 4.90-5.40 against the U.S. dollar for roughly three months, while... Continue Reading →
