Offshore South America News - page 146


Waimea well test

Oct 01, 2012

Brazilian independent OGX kicked off 2012 with production at its offshore Waimea development. First oil came in January via an extended well test (EWT) to the FPSO OSX-1 just over two years after the field was discovered with OGX-3 in December 2009…

Customized bits boost pre-salt rates of penetration

Sep 01, 2012

Customized bits enabled Petrobras to successfully drill hard carbonates of pre-salt reservoirs and hard and interbedded post-salt formations of two different offshore wells, while at the same time lowering vibrations, increasing rates of penetration…

Rig market

Sep 01, 2012

The worldwide mobile offshore drilling fleet has seen modest but steady increases in utilization since the beginning of the year. Currently, worldwide utilization stands at 78% whereas at the start of the year it was hovering around 73%.Recently…

Paulo Roberto Costa heads up oil & gas division of Brasilinvest Group

Sep 01, 2012

Former Petrobras director Paulo Roberto Costa heads up the newly established oil & gas division of Brasilinvest Group, currently managing a $6 billion portfolio of projects. The group was recently named as a special advisor and investment banker to Paraguay’s Dahava Petroleos.

Statoil acquires FPSO Maersk Peregrino

Aug 01, 2012

Statoil and its partner Sinochem have agreed to purchase the Peregrino FPSO from A.P. Moller-Maersk Group. The floating production, storage and offloading unit has been in use at the Statoil-operated Peregrino field in Brazil since production start-up in 2011…

Subsea hardware spend rebounds

Aug 01, 2012

Oil & gas companies will spend roughly $135 billion on subsea hardware between 2012 and 2016, an increase of 14% over the preceding five-year period, according to a new report from Douglas-Westwood.Spending took a hit in 2010 and 2011 as the…

Bigger in Brazil

Jul 19, 2012

Aker Solutions is investing $100 million in a new multi-purpose service site in Macaé for its drilling equipment business in Brazil. The 335,000m2 development – eight times bigger than the company’s current facility in nearby Rio das Ostras…

Swire Oilfield Services

Jul 19, 2012

Swire Oilfield Services has officially opened two new plants in Brazil’s Macaé region. The first, a sling manufacturing facility, will produce a range of wire rope products including lifting sets for cargo carrying units (CCU) The second, a DNV 2…

Exmar team eyes first FLRSU

Jul 01, 2012

Wison Offshore & Marine, Exmar and longtime LNG consulting and engineering firm Black & Veatch have teamed up on what the companies promise will be the first floating LNG liquefaction, regasification and storage unit (FLRSU), to be installed 3km offshore Colombia…

Subsea separation success

Jun 26, 2012

FMC Technologies, flying high on two OTC ‘spotlights on technology’ this year for its advancements in the subsea separation arena, discussed the two projects – Marlim and Pazflor – that earned this recognition.The subsea oil-water separation…

Maca é MOVE

Jun 26, 2012

Maca é MOVE: The latest move in the three-year expansion plan of marine equipment rental and sales specialist Seatronics has been the opening a new office in Macaé. Mark Teles, US and Brazil regional VP, will lead the Brazilian team (pictured).

Valle Silencioso

Jun 26, 2012

Valle Silencioso, a company managed by Sophia Capital, now has a 95.8% stock holding in pipeline coatings and subsea thermal insulation specialist Socotherm following the acquisition of 50% of the outstanding shares of SO-4 Ltd from 4D Global Energy Investment…

Carlos Chagas de Oliveira promoted to GM of Greene’s Energy Group

Jun 26, 2012

Carlos Chagas de Oliveira, Jnr (pictured) has been promoted to GM Brazil of integrated testing, rentals and specialty services company Greene’s Energy Group, based in Macaé.

Aggreko

May 27, 2012

Temporary power specialist Aggreko has entered into an agreement to acquire the entire share capital of South American fellow traveler Companha Brasileira de Locacoes (‘Poit Energia’) for a cash consideration of £140 million and potentially…

Felipe Carvalho named Castrol Offshore’s sales manager in Brazil

May 27, 2012

Felipe Carvalho has been named as Castrol Offshore’s sales manager in Brazil. The company also added certified lubrication specialist Sean Komatinsky, a former US Coast Guard officer, to its regional team.

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