Petrobras concluded two formation tests in the 3-SPS-105 (Carcará Norte) well, confirming the high productivity of the pre-salt carbonate reservoirs. The well is in the area of the Carcará Discovery Evaluation Plan (PAD), 4.6km north of the discovery well (4-SPS-86B)…
Delware-based Dleif Drilling has repossessed the Sertão drillship pursuant to an order issued by the Tribunal de Justiça do Estado de São Paulo Comarca de São Paulo Foro Central Cível 35a Vara Cível on 30 September 2015, the company announced on 24 December…
Marred by corruption and market turmoil, Petrobras, the operator of key pre-salt projects for Brazil’s oil production over the next five years, is one of many Brazilian oil and gas companies facing a difficult financial future in the short term…
Fugro will conduct survey services at a deepwater field development offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana, the geophysical service company announced on 22 December. The contract provides for autonomous…
Amsterdam-based SBM Offshore announced that it received from Petrobras the formal invitation to tender for the Sépia and Libra FPSOs (floating production, storage and offloading), as referenced in the company’s Q3 trading update of 11 November…
Petrobras hit a new oil discovery in the Espírito Santo Basin offshore Brazil, according to partner Inpex. Map of the BM-ES-23 concession. From Inpex. The discovery contains oil…
Ampelmann, the global leader in motion compensated access solutions, has been awarded its first contract in Brazil. Under the contract, Ampelmann will provide its E-Type system to Boskalis in support of an extended floating production…
Marcelo Odebrecht officially announced his resignation and is stepping down from several roles after spending six months in prison for charges of bribery and corruption, for his alleged role in state-run Petroleo Brasileiro SA (Petrobras) Lava Jato scandal…
Offshore rope manufacturer Lankhorst Euronete Brasil (LEB) has been awarded a contract by OOGTK Libra GmbH & Co KG to supply the polyester mooring ropes for a floating production, storage and offloading (FPSO) unit in the Libra oil field…
McDermott International announced it has been awarded a sizeable transport and installation contract by an upstream oil and gas operator for a project offshore Trinidad, West Indies. The contract award includes the transport and installation of a 1000-tonne deck and 1600-tonne jacket…
TAM International has appointed Tim Davis global technical director for TAM, overseeing global technical support for operations, training, product line management, and marketing. Image: Tim Davis…
Electromagnetic Geoservices (EMGS) has announced that the company has entered into a data licensing agreement with an international oil company for the provision of 3D EM data from the multi-client data library over the Foz de Amazonas and Ceara basin in Brazil worth a total of US$ 4.1 million.
The Belize government has approved a policy that will legally ban offshore exploration in all seven areas that make up the Belize Barrier Reef Reserve System World Heritage area, according to global heritage organization UNESCO. The decision…
Petrobras announced that its chairman, Murilo Pinto de Oliveira Ferreira, who was in leave of absence since 14 September, 2015, presented his resignation. Luiz Nelson Guedes de Carvalho, who was performing the duties of the chairman since 14 September…
Rockhopper Exploration has agreed a deal to take over fellow Falklands explorer Falkland Oil and Gas (FOGL). The move will make the combined company the largest North Falkland Islands license and discovered resource holder with a material working interest in all key licenses in the area…