Brazil
News
September 28, 2016
Pacific Exploration & Production has reached an agreement to sell its 35% working interest in five concession agreements—S-M-1101, S-M-1102, S-M-1037, S-M-1165 and S-M 1166—in Brazil’s Santos basin to Karoon Gas Australia.
News
September 19, 2016
Brazil’s main oil workers union is meeting Monday and doesn’t rule out a strike as it battles with state-controlled Petroleo Brasileiro for more compensation, union leader Jose Maria Rangel said in an interview.
News
September 02, 2016
Brazil’s state-controlled oil company Petrobras plans to save billions of dollars after completing a voluntary dismissal program to help reduce debt and adjust to lower oil prices.
News
August 30, 2016
Statoil and Petrobras took a step forward in strengthening their cooperation in Brazil by signing a Memorandum of Understanding (MoU).
News
August 25, 2016
Hansa Heavy Lift has transported five pipe racks and three modules, weighing a total of 1,871.51 metric tonnes and measuring 24,075 m³, for a new floating production storage and offloading (FPSO) unit off the coast of Brazil.
Article
August 2016
A high recovery rate and world record helped Petrobras achieve objectives, while saving 24 hr of deepwater drillship time, as well as operational costs.
News
August 16, 2016
Technip and DOF Subsea’s 50/50 owned joint venture, TechDof Brasil AS, has taken final delivery of the pipe-lay support vessel (PLSV) Skandi Açu, the companies said Tuesday.
News
August 03, 2016
InterMoor do Brasil, an Acteon company, successfully completed their involvement in the decommissioning operations of the OSX-1 Floating Production System and Offloading (FPSO).
News
July 29, 2016
Statoil is to acquire Petrobras’ 66% operated interest in the BM-S-8 offshore license in Brazil’s Santos basin.
News
July 12, 2016
Petrobras has announced the start-up of the Lula Central production system, with the interconnection of the first production well (8-LL-81D-RJS) to FPSO Cidade de Saquarema, on July 8, and the production stabilization at around 30 Mbpd on July 11.
News
July 06, 2016
Petrobras is selling nine shallow-water concessions in the states of Ceará and Sergipe.
News
June 28, 2016
Wood Group has been awarded a multi-million-dollar contract to provide detailed engineering and design, and procurement services to South Atlantic Holding (owned by Statoil and partner Sinochem) for the development of Peregrino field wellhead platform C, offshore Brazil.
News
June 16, 2016
The Libra Consortium has finished drilling and appraising the seventh well in the block. According to Petrobras, the well uncovered the largest net pay ever discovered—410 m—in the Libra Block.
News
June 07, 2016
Pre-salt production now accounts for 40% of the oil produced from facilities operated by Petrobras in Brazil.
News
June 07, 2016
Helix Energy Solutions Group has completed its contract renegotiations with Petróleo Brasileiro S.A. and has entered into amendments to its well intervention services contracts for its two chartered vessels, the Siem Helix 1 and the Siem Helix 2, offshore Brazil.
News
May 31, 2016
Petrobras has annouced the resignation of Aldemir Bendine from Petrobras’ board member and CEO positions.
News
May 27, 2016
Sulzer and FMC Technologies have received a subsea multiphase boosting pump contract to upgrade one of the pumping modules in Shell’s Parque das Conchas, a deepwater field off the coast of Brazil.
News
May 13, 2016
U.S. authorities are investigating more than a dozen companies as part of an international bribery probe that has already led to more than 150 arrests in Brazil, according to people familiar with the matter.
News
May 09, 2016
Political turmoil in Brazil shouldn’t stop Petrobras from completing asset sales it has already opened up to bidders, according to one company vying for the state-controlled driller’s Bauna offshore field.
Article
May 2016
Despite the industry downturn, regionwide potential drives E&P forward
News
May 04, 2016
Petrobras has agreed to sell assets in Argentina and Chile for about $1.4 billion, as Brazil’s state-controlled oil producer looks to raise cash and focus on deepwater projects in Brazil.
