Brazil's state-run oil company Petroleo Brasileiro stopped production from its P-40 platform in the offshore Marlim Sul field after a gas leak was discovered, reports Reuters Africa. Reuters quoted Petrobras’ statement that the leak was quickly controlled…
Petro Vista Energy entered into a binding memorandum of understanding (MOU) with Canada-based Maha Energy for the sale of its all of its 37.5% undivided working interest in the exploration and production contract covering the Tartaruga offshore…
The Sparrows Group has boosted its senior management team with the appointment of Steve Bertone, to head up its operations across the Americas. In his new role, Bertone will be based in Houston and will oversee all of Sparrows Group’s operations in the US…
Noble Energy started drilling on the potentially play-opening Humpback prospect in the south Falklands basin on Saturday, according to partner Falkland Oil and Gas (FOGL). According to Noble, Humpback holds 250 MMbbl estimated gross…
The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain. The largest spend will be focused on offshore…
Alfa Laval, a provider of heat transfer, centrifugal separation and fluid handling solutions, won an US$10.2 million (SEK 85 million) order for separation modules. The order, booked in the Energy & Process segment, is scheduled for delivery this year…
In response to nine years of consistent growth, Subsea Solutions expanded Brazilian operations with the opening of a subsea well-control equipment training center in Barra da Tijuca. Classes are scheduled to start 30 June 2015. The…
Petrobras encountered a new oil accumulation at its ultra deepwater Sergipe basin at the Poco Verde field, offshore Brazil. Poco Verde map. From Petrobras. Well 3-SES-189 (Poco Verde well 4) is located in concession BM-SEAL-4…
Wireless video ensures a team approach to safety and saves money. Marieke Wijtkamp and Gregory Hale discuss the details. When a manhole cover fell multiple floors, narrowly missing two rig workers, an immediate health, safety, and environment (HSE) investigation ensued…
Tyco Fire & Integrated Solutions announced a new strategic partnership with FGS Commercial e Serviços Técnicos Eletrônicos to provide operators and end-users in the Brazilian marine and oil and gas markets with a range of life safety and asset integrity solutions from a single supplier…
Brazilian giant Petrobras encountered light oil pay at the second appraisal well at its Carcará pre-salt discovery offshore Rio de Janeiro, according to partner Queiroz Galvão Exploração e Produção (QGEP). ODN II…
Premier Oil’s “high-impact, play-opening” Isobel Deep North Falkland Basin well has made an oil discovery, the operator confirmed this morning, in higher than expected reservoir pressure. Operations have been suspended and the rig will be released to drill in the South Falkland Basin…
Penspen, a provider of engineering and management services to the energy industry, appointed Carl Mook as the new executive vice president (EVP) asset management and asset integrity and regional director of the Americas. In his new EVP role…
Höegh LNG Holdings has signed an FSRU contract with Octopus LNG for the Penco-Lirquén LNG import terminal to be located in Concepción Bay, Chile. The contract is for a period of 20 years and is expected to generate an average annual EBITDA of around US$36 million…
If the stars align, and if foreign investors and engineers are up for the challenge, Brazil’s massive oil and gas industry could be on the brink of a massive opportunity boom for non-Brazilian oil and gas companies. Conversely, with a major…