EMGS has signed a US$12 million data acquisition contract extension with Brazil’s Petrobras. Data acquisition is underway and should be completed by the end of this month.
The Atwood Advantage dockside at Daewoo’s yard in South Korea.The newest ultra-deepwater drillships joining the fleet this year will be capable of working in 12-14,000ft (3658-4267m) water depths and drilling to 40,000ft. Ultra-deepwater…
Peregrino Platform (Photo: Øyvind Hagen / Statoil)Statoil works out $40M Espirito Santo farm-in Statoil has acquired 25% interest in Espirito Santo license BM-ES-22A off Brazil, the company announced on 27 December 2012.Brazilian mining…
Court says Ecuador unlawfully seized blocksConocoPhillips' wholly owned subsidiary, Burlington Resources Inc., has received a favorable decision in the international arbitration filed against Ecuador. The Tribunal, constituted under the…
Sonardyne International will supply 6G subsea acoustic positioning technology for Petrobras' Guará-Lula Nordeste pre-salt developments offshore Brazil. Seatronics placed the order with Sonardyne. Seatronics is hiring the equipment to Subsea 7…
Map of Muriú prospectPetrobras makes 4th find off Sergipe-Alagoas Petrobras has made a fourth oil discovery in the ultra-deepwater Sergipe-Alagoas basin offshore Brazil, the company announced on 5 December 2012.Tests confirmed the presence of light oil in the Calumbi formation…
Petrobras cancels rig contract with Ocean Rig Petrobras has cancelled a leasing contract with Ocean Rig, the Brasilian NOC announced on 29 November 2012.Petrobras had announced in February that it planned to lease five drilling rigs…
Saipem has won new onshore drilling contracts worth approximately $500 million, the company announced on 23 November 2012.Saipem will utilize 13 rigs, three of which will be new purpose-built units, for work in Saudi Arabia, South America and Kazakhstan…
Thomas DiNapoliChevron has filed a complaint with the New York State Joint Commission on Public Ethics against state comptroller Thomas DiNapoli in connection with the company's ongoing litigation in Ecuador, Chevron announced 20 November 2012…
Global upstream spending ballooned by 47% in 2010, driven by substantial investments in the US and Latin America, IHS reported. In the IHS Herold 2011 Global Upstream Performance Review, the information service said capital spending among 221 oil & gas companies reached $558 billion in 2010…
Rolls-Royce is betting big on Brazil, where the company's energy business, recently bolstered by lucrative contracts with Petrobras, is setting up a $100 million-plus purpose-built gas turbine assembly and test facility. Russell McCulley reports…
Flexomarine is slated to deliver 44 hoses for Modec’s FPSO Cidade de Mangaratiba in November. A mix of the floating and subsea varieties, the hoses will be 10.7m long by 500mm in diameter and are meant for the pre-salt Cernambi Sul project in 2300m of water…
Francisco Villagran has been appointed to the new Inchcape Shipping Services role of regional operations manager, Americas, based in Chile.
Some notable heavy oil projects offshore Brazil are entering advanced phases to increase or maintain production. Russell McCulley reports from Rio de Janeiro on the latest developments at three Campos Basin fields – Statoil’s Peregrino, Petrobras’…
Calixto Deberaldini has been appointed BDM and strategy adviser at Brazil’s Fluke Engenharia, reporting to MD Laurent Maubré. Deberaldini joins the Acteon group business unit from GE Oil & Gas where he served as the subsea division’s Brazil sales manager.