Valerie Bosse has been named Managing Director of Wintershall Dea's Brazil business unit, responsible for all activities of the newly merged company in the South American country.Wintershall Dea, which became Europe's largest independent gas…
Norwegian offshore vessel provider DOF said that its Brazilian subsidiary Norskan has received an extension for one of its vessels working in South America.According to a press release from the supply shipping company, it had won a one-year…
SEACOR Marine Holdings, the provider of marine and support transportation services to offshore oil, has announced the acquisition of UP Offshore (Bahamas) by a new joint venture company that is 49% owned by a subsidiary of SEACOR Marine and…
New, deep-water production is underway today at the Lula Extreme South in the Brazilian Santos Basin. Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (Shell) and consortium partners, announces that the FPSO P-69 is now producing…
Royal Dutch Shell, Brazil's No. 2 oil producer, has attained break-even costs of $30-$35 per barrel in the South American country, its Brazil manager Andre Araujo said on Tuesday.(Reporting by Alexandra Alper; Editing by Bernadette Baum)
Petrogal, the Brazilian unit of Portugal's Galp, plans to spend $800 million to $1 billion annually in the coming years in Brazil to develop its current oil and gas assets and boost its stake offshore, its chief executive officer said on Thursday…
While a leaner and more selective exploration industry has emerged over the past two years, Wood Mackenzie expects Latin America to buck this global trend in 2018, with intense exploration activity expected in frontier basins in the Equatorial Margin…
Brazil held its 2nd and 3rd production sharing rounds concerning pre-salt areas today (27 October) where Shell and Petrobras were early winners. Shell will participate in three blocks, and operate two, while Petrobras will serve as operator for three blocks…
DOF Subsea has been awarded several global contracts, securing utilization for several vessels in the subsea IMR projects segment. In the Asia Pacific region and the Atlantic region, DOF Subsea has been awarded several contracts and work under existing frame agreements…
Old and new provinces continue to bring forth new activity in Latin America, from new finds in Guyana to the ongoing pre-salt programs in Brazil. Michael Borrel sets out the detail. Latin America has become increasingly attractive to both local and foreign investors…
Marine and offshore engineering consultancy Aqualis Offshore has been awarded contracts to provide marine warranty services to three different floating production and storage offloading (FPSO) projects in Brazil. Modec has appointed Aqualis…
The South American offshore market is back on the heat map, due to Exxon’s major Guyana discovery and Statoil’s interest in Brazil’s Carcará, says Rystad Energy’s Kjetil Solbraekke. Statoil took over as operator of the Peregrino field (FPSO pictured)…
Quest Offshore provides a look at subsea processing systems by type. Subsea Processing Project List (Onstream 2010+) Subsea Processing Application Region Operator Project Boosting Africa/Mediterranean…
Norway-based geoscience firm Spectrum started a 15,000km multi-client 2D survey offshore Brazil in the Santos and Campos Basins. The new acquisition program is an outboard extension of Spectrum's 2012 Santos Campos Phase 1 survey, and will tie other programs in the Santos…
Polarcus has received a letter of intent (LOI) from an undisclosed client for an additional broadband 3D marine seismic survey offshore South America. The project will commence in early Q4 2016 and run for approximately three months. “This…
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