Offshore South America News

Petrobras 2Q Oil Output Flat on Maintenance Stoppages, Divestments

Jul 23, 2021

Brazil's state-run oil company Petrobras on Thursday presented flat production numbers in the second quarter, as the ramp-up off some major platforms was largely offset by maintenance stoppages and divestments.In a securities filing, Petroleo Brasileiro SA…

Brazil: Equinor Hires Floatel Accommodation Rig for Peregrino Maintenance

Jul 22, 2021

Norwegian energy giant Equinor has chartered Floatel International's offshore accommodation rig Floatel Victory.Equinor will use the semi-submersible flotel for maintenance and safety services alongside the Peregrino FPSO offshore Brazil.The…

Solstad Offshore Nets Medium-term Deals for Offshore Construction Vessel Duo

Jul 21, 2021

Norwegian offshore vessel owner Solstad Offshore said Tuesday it had secured two contracts for its large construction vessels.The medium-term contracts are for the vessels Normand Navigator and Normand Frontier.The Normand Navigator, a 142,6 meters long vessel built in 2015…

DOF Bags Brazilian AHTS Deals with Petrobras, Equinor

Jul 16, 2021

Norwegian offshore vessel operator DOF has secured contracts in Brazil for two of its anchor handling tug supply vessels.The company has won contracts through its Brazilian subsidiary NorskanThe Skandi Paraty vessel, with an ROV onboard operated by DOF Subsea Brasil…

PetroRio Charters Ocyan Offshore Rig for Frade, Wahoo Field Drilling

Jul 14, 2021

Brazilian oil and gas company PetroRio has hired Ocyan Drilling's Norbe VI semi-submersible drilling rig for the Frade field revitalization campaign and the Wahoo Field development, offshore Brazil.Under the drilling contract which is expected to start in March 2022…

Report: At Least Three Firms Vying for Petrobras' Albacora Fields

Jul 13, 2021

Petrobras' Albacora oilfields in Brazil are likely to attract at least three buyers despite a roughly one-month delay to let interested parties finalize their bids, four sources with knowledge of the matter told Reuters.Petroleo Brasileiro SA…

Guyana Relaunches Search for Company to Market Its Crude

Jul 12, 2021

Guyana is re-launching a search for a company to market the government's share of crude oil produced off the South American country's coast to make the tender process 'simpler and more competitive,' the natural resources minister said on Monday…

Petrobras Sells Papa-Terra Field to 3R Offshore

Jul 12, 2021

Brazilian national oil company Petrobras has struck a deal with 3R Offshore to sell it its interests in the producing Papa-Terra, located in the Campos Basin, offshore Brazil, for up to $105.6 million in total.3R Offshore, a company with a strategy to revitalize mature offshore fields…

Petro+ to Buy Petrobras' Alagoas Cluster Fields for $300M

Jul 06, 2021

Brazilian oil firm Petrobras has struck a deal with compatriot company Petro+ to sell it its stake in a set of seven onshore and shallow water concessions denominated Alagoas Cluster, located in the state of Alagoas, Brazil for $300 million…

Enauta's Atlanta Field Output Hit by Pumping System Failure

Jul 06, 2021

Brazilian oil firm Enauta said Monday that production from its Atlanta field offshore Brazil was affected by a failure in the pumping system at two wells. The Atlanta Field is currently producing oil through one well only. 'Two wells stopped production in the last few days…

ExxonMobil Drills Another Dry Well in Canje Block, Offshore Guyana

Jul 05, 2021

ExxonMobil's Jabillo-1 offshore well in Guyana's Canje Block has reached the planned target depth, however, without finding evidence of commercial hydrocarbons, Exxon's partners in the block said Monday.The Jabillo-1, drilled by the Stena Carron drillship will now be plugged and abandoned…

Report: BW Energy, DBO Bid for Petrobras' Golfinho Offshore Fields

Jul 01, 2021

Norway's BW Energy Ltd and Brazil's DBO Energy have submitted binding offers for Petrobras' Golfinho offshore oilfields, two sources with knowledge of the matter told Reuters.Petroleo Brasileiro SA, as Brazil's state-run oil company is formally known…

TechnipFMC Wins Subsea Contract for Petrobras’ Búzios 6-9 Fields

Jun 29, 2021

TechnipFMC said on Tuesday it has been awarded a subsea contract by Petrobras for the Búzios 6-9 fields, located in the deepwater Santos basin offshore Brazil.TechnipFMC, which called the award is 'substantial', worth between $250 million and $500 million…

Engineering Firm Wood to Pay $177M to Settle Amec Foster Wheeler's Brazil Bribery Case

Jun 29, 2021

UK-based engineering firm John Wood Group, also known as Wood, on Monday said it had reached agreements with authorities in the UK, Brazil, and the U.S. to resolve their respective bribery and corruption investigations into the past use of third parties in the legacy Amec Foster Wheeler business…

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