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…
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 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 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 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…
Exmar and Pacific Exploration and Production (formerly Pacific Rubiales) have agreed to terminate a liquefaction and storage agreement, originally executed in March 2012 for a term of 15 years from delivery of a floating liquefaction unit (CFLNG) with a liquefaction capacity of approximately 0…
Pulse Structural Monitoring, an Acteon company, has launched INTEGRIpod NXT, the third generation of INTEGRIpod subsea motion and data logging sensor systems. INTEGRIpod NXT, a new addition to the INTEGRI range of structural monitoring sensor systems…
Petrobras announced the start-up of the early production system in Sépia, the former Nordeste de Tupi area, in the pre-salt layer of the Santos basin, offshore Brazil. Sépia operations. Image from Petrobras…
PetroRio has received its second cancelation notice, this time from Petrobras, for the Bijupirá and Salema fields offshore Brazil, just two weeks after it received a pink slip from supermajor Shell, leaving the Brazilian minnow completely out of the fields…
Elaine Maslin examines some of the potential uses for nanoscale manufacturing in the oil and gas industry. Image provided by Repsol. Source: 'Commercial scale production of inorganic nanoparticles…
The floating rig market is preparing for the most challenging year ahead. Leslie Cook, of Quest Offshore, explains. Noble Corp. announced in Q1 it would retire the Noble Discoverer drillship after…
Despite the ongoing bribery investigations, Petrobras is ploughing ahead with new FPSOs. Pietro Ferreira, of the Energy Industries Council, outlines current contracting activity in Brazil and in Mexico. Ferreira…
Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…
Efficiency gains could be made through better use of digital technologies, but the industry is still shy on the uptake. Nada Ahmed, senior consultant, DNV GL - Oil & Gas, looks at the opportunities and risks. Images from DNV GL…
Most of the news in the rig market is bad, but there are bright spots if you look hard enough. Audrey Leon sets out the details. Image from OE Staff. Not much has changed for…