Offshore South America News - page 115

Peru launches offshore round

Jun 03, 2013

Nine offshore oil concessions are up for grabs in Peru's international bid round, which the country launched on Friday, 31 May 2013. The government estimates that the round could rake in US$450 million with companies investing a minimum of $50 million…

SeaBird vessel updates

May 31, 2013

SeaBird Exploration PLC was awarded a US $16 million contract for its 2D Osprey Explorer vessel in the South America region. The client has not been named.  In addition, the Hawk Explorer has moved to Uruguay and started a 4000 km survey for Spectrum…

Heading the Offshore Brazil challenges

May 24, 2013

Saipem is constructing a new fabrication yard in Brazil close to the Santos basin. Pier Alberto Viecelli and Andrea Intieri of Saipem share the details and scope of the investment. As the global offshore oil & gas industry makes giant steps towards ultra-deep waters…

Brazil hungry for infrastructure investment

May 23, 2013

Brazil-Açu Superport, largest port infrastructure in Latin America, bets on Petrobras’ participation. Peter Wertheim provides the details. According to a recent study by Booz & Company cited by Brazil’s National Petroleum, Gas and Biofuels Agency (ANP)…

Brazil in progress

May 23, 2013

Brazil is a veritable diamond in the rough for foreign and local investors alike. Firms are investing in new centers of technology, fabrication, and worker training to alleviate the country’s skills and infrastructure difficulties. Brazil is very much the place to be at the moment…

Aker to open new Brazilian plant

May 23, 2013

Aker Solutions laid the foundation stone of a new plant in Paraná that will double the company's subsea production capacity in Brazil.The plant in the city of São José dos Pinhais in the Paraná state will be operational in 2015. It will replace…

Reeled pipelay vessel for ultra‐deepwater field developments

May 22, 2013

Reeled pipelay has normally been used in fully developed and matured offshore oil and gas field areas with close proximity to onshore support, onshore logistics, and with short offshore transit distance to onshore spoolbases for loading the pipeline stalks onto the reel…

Changing the PRM value proposition

May 20, 2013

Andrew McBarnet suggests that seismic permanent reservoir monitoring may soon be seeing a new wave of interest if not an increase in projects. It seems like forever that people in the E&P business have been talking about a digital oilfield…

Global Deepwater Review

May 16, 2013

E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…

Brazil licensing round attracts $1.4B

May 15, 2013

ANP, Brazil's National Petroleum Agency, announced the winners of its 11th Licensing Round - the first round since 2008, which was held on 14 May 2013 in Rio de Janiero. The agency said there was record interest in the round with 39 companies from 12 countries participating…

ThoughtStream: Identifying deepwater challenges

May 14, 2013

As subsea projects continue to increase in size and complexity, they are also more frequently executed in deepwater and harsh environments.  As well as having the vessels and ROVs with the capabilities to execute the scopes, and the expert…

Toyo wins P-74 topsides

May 13, 2013

Brazil's Petrobras awarded Toyo Engineering Corp. affiliate, Estaleiros do Brasil Ltda. (EBR), an EPCI contract for its P-74 FPSO, Toyo announced on 13 May 2013. The contract was awarded by Petrobras Netherlands BV. The scope includes…

Petrobras in Entorno de Iara find

May 08, 2013

Petrobras announced the discovery of good quality oil in the Transfer of Rights area referred to as Entorno de Iara, in the Santos Basin pre-salt region. Well 1-BRSA-1146-RJS (1-RJS-711), known as Entorno de Iara 1, is located at a water depth of 2…

Petronas adds Campos Basin stake

May 08, 2013

Brazilian independent OGX Petróleo e Gás Participações S.A. (OGX), has entered into an agreement with PETRONAS Brasil E&P Ltda (Petronas) to sell a 40% non-operating work interest in BM-C-39 and BM-C-40 blocks, located in the Campos Basin…

HRT picks up Polvo stake

May 07, 2013

HRT Oil & Gas Ltda will purchase BP's 60% stake in the Polvo oil field, located 100km off Rio de Janeiro's coast, for US$135 million, the supermajor announced on 6 May 2013. BP said it expects the deal to close by 2H 2013, pending regulatory approvals…

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