Brazil News

ARMS Reliability Wins Contract with MODEC

Nov 23, 2020

ARMS Reliability said it has reached an agreement with floating production solutions provider MODEC to assist with optimization and rapid strategy development of asset maintenance management philosophy for MODEC’s newest floating production…

Equinor Taps Aker Solutions for Offshore Maintenance Work in Brazil

Nov 23, 2020

Norwegian energy industry services provider Aker Solutions has won a framework agreement with Equinor to provide maintenance and modifications services at the Peregrino field, offshore Brazil. The contract has a fixed period of four years and includes an option for a two-year extension…

Brazil: BP Sells Stake in Two Campos Basin Offshore Blocks to PetroRio

Nov 19, 2020

British oil major BP has agreed to sell its stake in two pre-salt offshore blocks in Brazil's Campos Basin to the Brazilian oil company PetroRio.Petro Rio said Thursday that it would acquire 35.7% interest in the BM-C-30 Block containing the Wahoo discovery…

Petrobras Selling 50% Stake in Marlim Cluster Offshore Brazil

Nov 16, 2020

Brazilian oil and gas company Petrobras has launched an opportunity disclosure stage (teaser) for the sale of 50% of its stakes in the offshore oil fields - known as the Marlim Cluster - in the Campos Basin, offshore Brazil.Petrobras is looking to sell stakes in the deepwater concessions of Marlim…

Modec Takes Delivery of Carioca MV30 FPSO

Nov 13, 2020

Chinese shipbuilder Cosco Dalian has completed the construction of the Carioca MV30 FPSO for Japan's Modec.The 332 meters long Carioca FPSO - converted from Flandre VLCC - will be deployed at the Sépia field operated by Petrobras, located in…

Karoon Takes Over Bauna Field from Petrobras

Nov 13, 2020

Australian oil and gas firm Karoon Energy has this week completed the acquisition of a 100% operating interest in the BM-S-40 offshore concession in Brazil from Petrobras.The offshore block in the Santos Basin contains the producing Baúna oil field and undeveloped Patola discovery…

Equinor Hires Baker Hughes, Halliburton, and Schlumberger for Drilling Work at Bacalhau Field Off Brazil

Nov 10, 2020

Norwegian oil firm Equinor has awarded the three largest oilfield services firms, Baker Hughes, Halliburton, and Schlumberger, contracts for drilling and well services on its Bacalhau field in Brazil.The total value of the three contracts is estimated at $455 million…

Petrobras Taps Seabed Geosolutions for 4D OBN Survey in Brazil

Nov 10, 2020

Ocean bottom seismic company Seabed Geosolutions said Monday it had secured a contract for a baseline 4D ocean bottom node (OBN) survey as well as a future 4D monitor OBN survey in Brazil for Petrobras, both covering the Sapinhoa Shared Reservoir in the Santos Basin…

Petrobras Extends Contract for Prosafe Flotel

Nov 09, 2020

Offshore accommodation specialist Prosafe has won a contract extension with Brazil's Petrobras for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. The original three years and 222-day firm period were due to complete in July 2020…

Petrobras Launches Binding Phase for Ceará Cluster Fields Sale

Nov 04, 2020

Brazilian oil firm Petrobras has announced the start of the binding phase for the sale of its ownership in shallow-water fields in the Ceará Cluster, located in the state of Ceará, Brazil.The fields comprising the Ceara Cluster are Tuna, Curimã…

Palfinger's Cranes for Giant Brazil-bound FPSO

Nov 04, 2020

Crane specialist Palfinger will deliver two wire luffing lattice boom cranes to the largest FPSO vessel ever delivered to Brazil. The FPSO, to be delivered by Japan's Modec, will be deployed at  Equinor's Bacalhau field (formerly Carcará), about…

South America’s Offshore Output Set to Surpass North America's by 2024

Nov 03, 2020

South America’s offshore output is on track to surpass volumes coming from North America by 2024, energy intelligence group GlobalData said Tuesday.While several projects in Brazil and Guyana have taken final investment decision (FID), and are less likely to be postponed or suspended…

Petrobras Charters Solstad Vessel Duo

Nov 02, 2020

Norwegian offshore vessel company Solstad Offshore has said that Petrobras has extended the contract for the Far Saga construction support vessel.Solstad said Friday the contract had been extended for a period of one year starting on Oct 30th…

Petrobras to Buy P-71 FPSO and Deploy It on Itapu Field

Oct 28, 2020

Brazilian national oil company Petrobras has agreed to buy the P-71 Floating Production Storage and Offloading (FPSO) vessel and use it for the development of the Itapu field.Petrobras said that the FPSO was to be used at the Tupi field, however…

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