Brazil
News
March 20, 2024
Petrobras expects to invest roughly $7.5 billion in five years to explore for oil and gas in prospective regions like the Santos basin, Pelotas basin and Equatorial Margin. Mendes also revealed that the company plans to drill two Colombian exploration wells and discussed developing the deepwaters of northeast Brazil.
News
March 04, 2024
Majors including Shell and Exxon Mobil Corp. have spent billions to acquire concessions and carry out exploration campaigns at pre-salt blocks without announcing significant discoveries and have even returned some of the blocks to Brazil’s oil regulator, known as ANP.
News
February 28, 2024
BL’s operations in Singapore will provide a tow master to act as client representative throughout the 12,108 nautical mile towage. The tow master will supervise and ensure that all marine operations in the leadup and sailaway from Yantai CIMC Raffles Shipyard are carried out in-line with approved recommendations and procedural documentation.
News
February 26, 2024
The unit, chartered by Petrobras from MISC, will be part of Mero’s 3rd definitive production system and will increase the field’s installed production capacity to 590,000 bpd,
News
February 21, 2024
The integrated well construction services project is set to start in the first half of 2025 and will include drilling services, drill bits, wireline, cementing, wellbore clean up, fishing, remedial tools, fluids, services and geosciences. Baker Hughes will provide these services across three rigs over the course of the multi-year contract.
News
February 05, 2024
Electromagnetic Geoservices ASA (“EMGS”) has been awarded a contract from Petrobras for a fully prefunded multi-client survey offshore Brazil. The survey is expected to start late March or early April 2024. The total contract value is approximately $11.7 million.
News
February 01, 2024
Wood will continue to provide maintenance solutions to optimize the Peregrino wellhead platforms and floating production storage and offloading (FPSO) unit, delivering engineering, prefabrication and outfitting, offshore installation, commissioning and Turnaround (TAR) support.
News
January 30, 2024
SLB digital technologies for surface automation, autonomous on-bottom drilling, and directional drilling were combined to enable 99% of a 2.6 km section to be drilled in autonomous control mode. Over a five-well program, a 60% increase in rate of penetration was achieved, resulting in faster well delivery while reducing cost and carbon emissions.
News
January 19, 2024
The oil and gas field is located in the Barreirinhas basin in the state of Maranhão, Brazil, and has total proved plus probable ("2P") oil reserves of 1.9 MMboe.
News
January 08, 2024
This pilot unit, using a pioneer high pressure subsea separation technology (HISEP), will separate oil from CO2-rich gas at the bottom of the ocean and reinject the gas directly into the reservoir.
News
January 05, 2024
The contract is anticipated to commence late in the fourth quarter 2024, following completion of the rig’s current contract with Petrobras, which is expected to finish in September 2024.
News
January 03, 2024
TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Petrobras to deliver the Mero 3 HISEP project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir.
News
January 02, 2024
The FPSO Sepetiba, also known as Mero-2, has an operational capacity of 12 MMcmg and 180,000 bopd.
News
December 28, 2023
Ocyan has a 23-year track record delivering high-quality maintenance solutions to the offshore oil and gas sector, including the operation of subsea construction and decommissioning projects.
News
December 26, 2023
Current oil production from Parque das Conchas is approximately 35,000 boed day from 25 wells connected to the FPSO Espírito Santo. In the first half of 2023, average production was 28,000 boed.
News
December 23, 2023
The drilling of the Pitu Oeste well, located 53 km (33 miles) off the coast of the state of Rio Grande do Norte, is expected take three to five months as Petrobras seeks more geological information about the area.
News
December 22, 2023
Seadrill Limited has clinched significant 1,064-day fixed-term contracts for both the West Auriga and West Polaris through a competitive bidding process led by Petrobras.
News
December 13, 2023
FPSO Atlanta has a production capacity of 50,000 bopd and a maximum offloading storage capacity of 1,251,000 bbl.
News
December 12, 2023
The ANP is offering a total of 602 oil blocks that span areas on land in the Amazon basin to deepwater regions in northeastern and southern Brazil under concession contracts, with minimum signing bonuses totaling 259 million reais ($52 million).
News
December 11, 2023
Halliburton Company has announced that it will work with Libra Consortium, lead by Petrobras, to develop a digital twin for a pre-salt field system in Brazil.
News
December 03, 2023
When completed, FPSO Raia will have the capacity to process 126,000 boed and 16 MMcmgd, with a storage capacity of 2 MMbbl of crude oil.
