Halliburton announced the opening of its new Technology Center at the Federal University of Rio de Janeiro (UFRJ) Technology Park, located at Ilha do Fundão, Rio de Janeiro, Brazil. The center provides the setting for collaboration as…
C-MAR Group announced that it won a contract to carry out Failure Mode Effect Analysis (FMEA) surveys and trials on Maridive Group vessels for the next five years. Expected to be worth in excess of $500,000, the agreement covers 16 Maridive…
The FPSO Cidade de Paraty went onstream, beginning commercial production in the Santos Basin Lula Nordeste pre-salt, Petrobras announced on June 6 2013. The Cidade de Paraty FPSO is the second unit deployed on the giant Lula discovery and is located approximately 300km off Brazil…
Nine offshore oil concessions are up for grabs in Peru's international bid round, which the country launched on Friday, 31 May 2013. The government estimates that the round could rake in US$450 million with companies investing a minimum of $50 million…
SeaBird Exploration PLC was awarded a US $16 million contract for its 2D Osprey Explorer vessel in the South America region. The client has not been named. In addition, the Hawk Explorer has moved to Uruguay and started a 4000 km survey for Spectrum…
Saipem is constructing a new fabrication yard in Brazil close to the Santos basin. Pier Alberto Viecelli and Andrea Intieri of Saipem share the details and scope of the investment. As the global offshore oil & gas industry makes giant steps towards ultra-deep waters…
Brazil-Açu Superport, largest port infrastructure in Latin America, bets on Petrobras’ participation. Peter Wertheim provides the details. According to a recent study by Booz & Company cited by Brazil’s National Petroleum, Gas and Biofuels Agency (ANP)…
Brazil is a veritable diamond in the rough for foreign and local investors alike. Firms are investing in new centers of technology, fabrication, and worker training to alleviate the country’s skills and infrastructure difficulties. Brazil is very much the place to be at the moment…
Aker Solutions laid the foundation stone of a new plant in Paraná that will double the company's subsea production capacity in Brazil.The plant in the city of São José dos Pinhais in the Paraná state will be operational in 2015. It will replace…
Reeled pipelay has normally been used in fully developed and matured offshore oil and gas field areas with close proximity to onshore support, onshore logistics, and with short offshore transit distance to onshore spoolbases for loading the pipeline stalks onto the reel…
Andrew McBarnet suggests that seismic permanent reservoir monitoring may soon be seeing a new wave of interest if not an increase in projects. It seems like forever that people in the E&P business have been talking about a digital oilfield…
E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…
ANP, Brazil's National Petroleum Agency, announced the winners of its 11th Licensing Round - the first round since 2008, which was held on 14 May 2013 in Rio de Janiero. The agency said there was record interest in the round with 39 companies from 12 countries participating…
As subsea projects continue to increase in size and complexity, they are also more frequently executed in deepwater and harsh environments. As well as having the vessels and ROVs with the capabilities to execute the scopes, and the expert…
Brazil's Petrobras awarded Toyo Engineering Corp. affiliate, Estaleiros do Brasil Ltda. (EBR), an EPCI contract for its P-74 FPSO, Toyo announced on 13 May 2013. The contract was awarded by Petrobras Netherlands BV. The scope includes…