Norwegian offshore vessel owner Siem Offshore has lost a case against Petrobras in Brazil over a late vessel delivery and will have to pay around $8 million.Siem Offshore said Wednesday that its Brazilian subsidiary, Siem Offshore do Brasil…
Estaleiro Jurong Aracruz (EJA), a Brazilian subsidiary of Singapore's Sembcorp Marine, has completed the construction of the P-71 FPSO, integrating topsides on the China-built hull.The new FPSO vessel left the EJA shipyard on Tuesday. It will…
Latin America's offshore wind capacity could reach 34 GW by 2050, driven by off-grid green hydrogen projects, according to energy intelligence group Wood Mackenzie, a Verisk subsidiary. Currently, there are no commercial offshore wind farms in operation in the region…
Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes a force in crude oil production. Construction work on the facility, to be located on public land near the Berbice river…
Prosafe, a company offering offshore accommodation services for oil and gas clients, said Saturday it had submitted the most competitive offer in a bidding process for a 650-day contract with the Brazilian oil and gas company Petrobras. The contract value is approximately USD 73 million…
Petroecuador expects to soon award a contract to expand production from the country's vast Amistad offshore gas field, the Ecuadorean state oil firm company said late on Thursday. Following failed previous attempts to find an investor, Petroecuador…
Equinor's latest platform in Brazil, Peregrino C, produced its first oil on October 10 at around 20:00 local time.Peregrino phase 2 will extend the life of the Peregrino field to 2040. Phase 2 adds 250–300 million barrels of oil, while at the…
Ecuador is planning to offer, most likely in 2024, blocks for offshore exploration and production of natural gas at the Gulf of Guayaquil, following auctions for onshore areas to be completed next year, Energy Minister Xavier Vera said on Monday…
Brazilian oil and gas firm Petrobras said Thursday that the Anita Garibaldi FPSO had left the DSIC Marine Yard shipyard, in Dalian, China, and is now en route to Brazil. The FPSO, being supplied by MODEC will be deployed at the the Marlim and Voador fields…
Brazilian Treasury official Esteves Colnago has been tapped for a position on the executive board of Petrobras, two sources told Reuters on Thursday, as part of a broad shakeup at the state-run oil company under its new chief executive.It was not immediately clear if Colnago…
Radix Engineering and Software has closed a R$49 million (~$9.5 million) contract with Petrobras in Brazil to develop and maintain scientific software focused on Well Engineering and Subsea Engineering. The contract will create 50 new jobs.Radix…
Brazilian oil and gas company Petrobras has ordered a floating, production, storage, and offloading (FPSO) vessel from Singapore's Sembcorp Marine Rigs & Floaters.The FPSO, named P-82, will be deployed at the giant Búzios oil field, in the Santos Basin pre-salt area…
Veolia Water Technologies has won a multi-million dollar contract to supply a seawater treatment process module for the One Guyana FPSO, that will operate in the ExxonMobil-operated Stabroek block, offshore Guyana.The Yellowtail - SBM Offshore/McDermott…
Offshore drilling company Valaris has secured new contracts and contract extensions worth $95 million in total.The contracts were awarded subsequent to the issuing of Valaris' most recent contract awards and fleet status update on September 1…
Shearwater GeoServices Holding AS said Monday it had won a contract in Brazil for a large deepwater ocean bottom node (OBN) survey.The company will conduct the survey over the Petrobras-operated Grand Iara Project, involving the Berbigão, Sururu…