Paris-based Total today announced that it has made the final investment decision to develop the Vega Pleyade field offshore Tierra del Fuego, Argentina. Total, as operator with 37.5% working interest, will develop both natural gas and condensate…
The consortium comprised of Petrobras, Shell, Total , CNPC and CNOOC secured the right to develop Brazil’s Libra block at the single-bid auction held in Rio de Janeiro on October 21. The Libra block is located in the Santos Basin ultra deep waters in the pre-salt polygon…
Petrobras’ P-55 Floating Production Unit (FPU), the largest and the first of this kind entirely built in Brazil, is on its way to the Roncador field, Campos basin, where it will be installed in a water depth of 1,790m. The column-stabilized semisubmersible has a capacity of 180…
A consortium of companies, including Royal Dutch Shell plc, Petrobras, Total, CNPC and CNOOC, won today a 35-year production sharing contract to develop the giant Libra pre-salt oil discovery located in the Santos Basin, offshore Brazil. The Brazilian regulator…
Subsea 7 has been awarded to new contracts for pipelay support vessels with Petrobras worth an estimated US$600 million. The contracts are for operation of the pipelay support vessels (PLSVs) Seven Mar and Seven Condor on a day rate basis for approximately three years…
A high level of investment creates an opportunity for new entrants into the pipelay vessel market, says Douglas Westwood’s Singapore-based analyst Thom Payne. About 32,000km of offshore pipelines are expected to be installed over the next five years…
Oceana Offshore will be building two platform supply vessels (PSV) with an option for two additional vessels based on the PX105 design from Ulstein. The vessels will be built at the new yard, Oceana Shipyard in Itajai, Brazil, and are scheduled for delivery in April and May 2016…
Atkins’ Ramsay Fraser looks at offshore asset integrity assessment techniques and how acceptance criteria depend on geographic region. Evaluation of the integrity of an offshore structure is one of the four key functions of an integrity…
The government of Guyana says the Venezuelan navy has detained the crew of a seismic acquisition vessel in waters disputed by the two South American nations. The Panama-flagged RV Teknik Perdana was acquiring a multi-beam geophysical survey in the Roraima concession block…
Shangai's Altium Limited, recognized for its Smart System Design Automation, 3D PCB design, and embedded software development, announced a strategic partnership with Brazil-based reseller SKA Group. SKA, one of Brazil's largest resellers of Dassault Systems and SolidWorks products…
Two projects aiming to develop small unmanned production facilities for use on marginal fields have been given a boost. Unmanned Production Buoy (UPB), based in Banchory, near Aberdeen, has signed a memorandum of understanding with engineering firm AMEC to provide engineering…
Petroleo Brasileiro (Petrobras) completed its semisubmersible P-55 floating production, storage and offloading (FPSO) vessel nearly six years after it was contracted. It passed testing and certification in the Rio Grande dock (ERG-1). The…
On Oct.1, Brazil's National Petroleum Agency (Agência Nacional do Petróleo, ANP) said that 11 companies were registered and qualified to bid for pre-salt licenses at the upcoming Santos basin auction. The ultra-deepwater Libra field is estimated…
Under a contract recently awarded by Repsol Sinopec Brasil, Fugro is to provide geophysical, geotechnical,and metocean services to support the development of Block BM-C-33 off Brazil and its associated export route(s). The multidisciplinary project includes a marine survey campaign…
GDF SUEZ signed a 15-year BOOT (build, own, operate and transfer) contract with Gas Sayago SA for LNG storage and regasification services in Uruguay. The GNL del Plata plant is located offshore in the Punta Sayago area, near Uruguay's capital Montevideo…
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