Oilfield services firm Archer has secured a $20 million contract from Trident Energy to provide its well interventions and platform drilling services in Brazil.Archer will provide comprehensive platform drilling services, including well interventions for regulatory requirements, workover and drilling operations, well maintenance and drilling facilities engineering, to enhance Trident Energy's offshore assets in Brazil…
Brazil, Guyana and Suriname have agreed to deepen discussions on cooperation in the oil and gas sector, according to a joint statement released by the countries on Thursday after a meeting between their presidents.Guyana President Irfaan Ali…
Norway-based Electromagnetic Geoservices (EMGS) has secured a contract with Petrobras for a fully prefunded multi-client survey offshore Brazil.The total contract value is approximately $11.7 million, according to EMGS.The survey is expected to start late March or early April 2024…
The Brazilian administrative authority has suspended Italy's Saipem and its subsidiary Saipem do Brasil from contracting with the country's public administration for two years, the engineering and construction group said on Friday.The decision…
Seatrium has delivered a floating storage and regasification unit (FSRU) Energos Celsius to New Fortress Energy (NFE), one of the world’s leading LNG project developers.Energos Celsius is owned by Energos Infrastructure, a global marine infrastructure platform backed by Apollo funds and NFE…
Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output caps, the chief executive of state-run oil firm Petrobras PETR4.SA told Reuters.The group's surprising…
ROV supplier Forum Energy Technologies (FET) has appointed UnderOcean Servicos Maritimos (UnderOcean) to represent its Subsea operations in Brazil.The partnership will see UnderOcean provide business development and engineering support on behalf of FET’s Subsea Technologies product line in Brazil…
Norwegian offshore support vessel operator Havila Shipping has secured a bareboat charter extension for its Havila Harmony vessel.Brazil's offshore service firm OceanPact has declared the option for one-year extension of the bareboat agreement on the Havila Harmony…
Equinor plans to expand its oil production in Brazil more than fivefold over the next decade, while also eyeing green energy projects, especially in offshore wind power, an executive for the Norwegian energy giant said on Tuesday.The company aims to boost output to more than 500…
Exxon Mobil Corp is not giving up on oil exploration in Brazil, the company's country chief Alberto Ferrin said on Monday during the Offshore Technology Conference (OTC) in Houston.'I would say very crystal clear that Exxon Mobil is not quitting exploration in Brazil at all…
The head of oil major Shell Plc's Brazilian operations on Monday said a temporary oil-export tax established in March was a concerning development that could hurt the country's investment attractiveness.Brazil's government in March said the temporary…
Dutch offshore survey firm Fugro and Brazil's national oil company Petrobras have completed what they say is Brazil's first-ever remote subsea inspection survey.Fugro said that the technology trial was carried out with the aim of minimizing risk and improving sustainability during inspection…
Brazil's state-run oil firm Petrobras and Norwegian energy provider Equinor on Monday said they signed an agreement to evaluate development of seven wind projects offshore Brazil.The proposed projects would deliver a combined capacity of 14…
Offshore installation services company Subsea 7 said Friday it had won a 'sizable' vessel contract with the Brazilian oil company Petrobras.The contract is for the 145.9m pipelay support vessel (PLSV) Seven Cruzeiro off the coast of Brazil.…
Singapore's Keppel Offshore & Marine (KOM) has reached a joint resolution with the authorities in Brazil, in relation to the corrupt payments made by a former agent of Keppel Offshore & Marine in Brazil, which was previously announced in December 2017…
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