Technip has been was awarded the first contract to supply flexibles for the giant Libra field offshore Brazil. The contract will also see the first 8in oil production pipes to be installed in Brazil's pre-salt area. Libra Oil & Gas BV…
Petrobras announced a further hydrocarbon discovery at the giant pre-salt Libra field in the Santos basin, offshore Brazil. The Brazilian national said that well 3-BRSA-1310-RJS, in the central portion of the block, identified the presence of hydrocarbons in a low-porosity reservoir…
SBM Offshore's main Brazilian subsidiary has received written notification from Petrobras of its ability to participate in the recently issued Libra and Sépia FPSO tenders in Brazil. This follows a thorough review of the group’s compliance standards by Petrobras…
Nexans has been awarded the contract to deliver 48km of static umbilicals to BP, and partner DEA, for the West Nile Delta Taurus Libra project in Egypt. The Taurus Libra development is a subsea project tied in to existing BG Group operated Burullus facilities…
Technip has won the contract to provide detailed engineering and procurement services for the topsides of what will become a floating production and offloading (FPSO) for Brazil's multi-billion barrel pre-salt Libra field. The FPSO, which will be a conversion from a shuttle tanker…
BP increased its interest in the US$12 billion West Nile Delta (WND) project in Egypt after partner DEA farmed down its stake. Map of Nile Delta. From DEA. According to DEA, the…
OneSubsea is getting a piece of BP’s West Nile Delta Taurus Libra development offshore Egypt by snagging a multi-million dollar subsea contract. Image from OneSubsea. The scope…
The Schahin Group filed for bankruptcy for its engineering unit as it seeks protection from creditors, according to news agency Bloomberg. Schahin holds 28 diversified companies and about US$2.12 billion in debt. However, Schahin’s oil and…
Axa Engenharia Submarina Ltda. (AXA), a subsidiary of DeepOcean Group, has been awarded a contract for the provision of geo-hazard surveys on the Libra Field from Petróleo Brasileiro (Petrobras) led consortia, consisting of Shell Brasil Petróleo…
BP signed final agreements to develop the US$12 billion West Nile Delta (WND) gas fields, with production set at reaching up to 1.2 Bcf/d in Egypt. BP worker on a platform in the Gulf of Suez. From BP…
Petrobras said tests confirmed the size of the oil discovery at Libra's first appraisal well, 3-BRSA-1255-RJS (3-RJS-731), informally known as NW-1. Tests at the well, located 185km off Rio de Janeiro, proved an 290m oil column and carbonate reservors of high porosity and permeability…
Singapore’s Jurong Shipyard awarded Ezra Holding subsidiary London Marine Consultants (LMC), a contract to supply an external turret mooring system for the Libra field’s extended well test (EWT) FPSO vessel. The Libra oil field is a large…
In 2013, Brazil produced 2MMb/d of crude oil and nearly 1Tcf of gross natural gas. Within these figures, the share of production from presalt resources found under thick layers of salt thousands of feet below the ocean's surface remains small but continues to increase…
The giant Libra field has many challenges, sitting in Brazil’s deepwater pre-salt. Claudio Paschoa take a look at the development plans. The Libra prospect and the pre-salt region. Image from Mercopress…
Deltamarin Ltd. entered into a contract with Jurong Shipyard Pte Ltd. for the conversion of Teekay’s Navion Norvegia to the Libra floating production, storage and offloading unit (FPSO), for operations in the Libra field, offshore Brazil…