Offshore South America News - page 119


Rig count falls 33% year-on-year

Apr 07, 2016

Offshore rig count for March 2016 declined 33.4% when compared to March 2015, and 5% compared to February 2016. Image from Baker Hughes Twitter. According to Baker Hughes, there were a total of 241 vessels operating last month…

Keppel bags Modec FPSO deal

Apr 06, 2016

Keppel Offshore & Marine (Keppel O&M), through its subsidiary, Keppel FELS Brasil BrasFELS shipyard has been awarded a US$137 million floating production storage and offloading (FPSO) module fabrication and integration project by Modec Offshore Production Systems (Singapore)…

Petrobras offers voluntary layoffs

Apr 01, 2016

Overcome with financial woes, Petrobras is taking another stumble as the company announced a voluntary termination program in hopes to reduce its workforce by 12,000 to save more than US$9 billion (33 billion BRL) in the coming years. Image…

Getting fishy

Apr 01, 2016

The race is on to create an autonomous, resident underwater vehicle capable of long-term inspection operations and eventually a level of intervention. Elaine Maslin takes a look at BG Group’s version. FlatFish during shallow water seatrials…

Petrobras cuts jobs by additional 13%

Mar 31, 2016

Brazilian giant Petrobras is expecting to reduce its annual costs by an additional US$500 million with a reorganizational plan that will cut jobs by 43%, compared to its original goal of 30%. Image of Petrobras headquarters in Brazil…

POSH Xanadu get Campos work

Mar 31, 2016

Offshore marine services provider, PACC Offshore Services Holdings (POSH), has secured a one year contract for its POSH Xanadu semisubmersible accommodation vessel (SSAV).  Under the terms of the contract, POSH Xanadu will continue to…

Vallourec gets ADNOC OCTG contract

Mar 30, 2016

Vallourec, a provider of tubular solutions, has signed a contract with the Abu Dhabi National Oil Co. (ADNOC) to supply oil country tubular goods (OCTG) during the 2016-2018 period to its three operating companies (ADMA-OPCO, ADCO, ZADCO)…

Petrobras cuts rig, reduces rates on second

Mar 30, 2016

Petrobras has agreed an early terminatation on its contract for Sevan Drilling's cylindrical drilling rig, the Sevan Driller. The two firms also agreed to reduce rates on a second Sevan drilling rig, the Sevan Brasil, also on contract to Petrobras…

Spectrum starts Brazil campaign

Mar 30, 2016

Geoscience firm Spectrum has started a 10,400km multi client 2D survey offshore Brazil in the Amazonas and Para Maranhao basins, along the Equatorial Margin of Brazil.  The new acquisition program will tie five of Spectrum's Northern Margin programs…

Seadrill gains Petrobras extension

Mar 23, 2016

Petrobras has awarded Seadrill an 18-month contract extension for the West Tellus drillship offshore Brazil, commencing in April 2018, and securing work for the unit through the end of October 2019.  The total backlog for the contract extension is approximately US$164 million…

Petrobras takes biggest fall

Mar 22, 2016

Amid Petróleo Brasileiro’s (Petrobras) largest net quarterly loss in its history of US$10.2 billion (36.9 billion BRL), the Brazilian giant also confirmed its biggest oil column discovery at its Libra field. Petrobras headquarters…

HB gains accommodation module certification

Mar 18, 2016

Offshore accommodation and workspace specialist HB Rentals was granted an ABS Certification of Design Assessment for its high demand 11ft by 32ft– eight-man sleeper – accommodation module. This achievement now sees this latest generation…

Frames finishes Petrobras FPSO work

Mar 16, 2016

Frames Flow Control & Safeguarding has completed the flow control and safeguarding equipment for the Petrobras FPSO Cidade de Campos dos Goytacazes MV29. Modec Offshore Production Systems (Singapore), a Modec group company, awarded Frames…

Shell in further Brazil BC-10 flow

Mar 14, 2016

Shell has started oil production from the third phase of its Parque das Conchas (BC-10) development, offshore Brazil, in hopes of adding up to 20,000 boe/d. The Espirito Santo FPSO. Image from SBM Offshore…

Polarcus starts 3D Brazil survey

Mar 10, 2016

Polarcus is pleased to announce the start of production in the first of a series of three 3D seismic projects offshore Brazil. The project is being acquired using the Polarcus A-Class 3D seismic vessel Polarcus Alima. The first project…

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