Brazilian oil company Petrobras has awarded offshore services provider Subsea 7 a 'very large' contract for the delivery of subsea equipment for the Mero 3 deepwater field development, offshore Brazil.A very large contract, according to Subsea 7…
Dutch offshore services provider Fugro has won a deal with offshore transportation and installation firm Jumbo Maritime to provide providing positioning and construction support services on the Mero 1 deepwater field development, offshore Brazil…
The board of Petrobras has elected four career executives to head up key company divisions rather than bringing in more outsiders, Brazil's state-controlled oil company said on Friday, confirming news previously reported by Reuters.The board of directors of Petroleo Brasileiro SA…
Brazil's state-controlled oil company Petrobras received only one proposal, from Dutch SBM Offshore, in a bid to contract construction of the Mero 4 oil platform [FPSO] in the Santos Basin pre-salt, two sources with knowledge of the matter told Reuters…
Brazilian oil and gas giant Petrobras has on behalf of the Libra consortium, hired Ocyan's deepwater drillship Norbe VIII to drill at the Mero field, off Brazil.The contract is for a period of 425 days and is expected to start in July 2021,…
Norwegian offshore vessel owner DOF has won a contract with the Petrobras-led Libra consortium to provide a multi-purpose support vessel for work at the Mero offshore oil field in Brazil.The Libra Consortium is led by Petrobras - with a 40% interest - in partnership with Shell Brasil (20%)…
PJ Valves (PJV) has won contracts to supply valves packages for two Brazil-bound FPSOs, the Marlim 2 and Mero 2.The Marlim 2 FPSO will be delivered to Petrobras by Malaysia's Yinson, under the contract signed in March. The FPSO will have the capacity to process up to 70…
The oil majors’ retreat from frontier plays limits future drillship demand with deepwater, investment looks limited to Brazil and Guyana, writes Gregory Brown, Maritime Strategies International.The future of offshore deepwater investment is under the microscope…
Brazilian oil company Petrobras has awarded oilfield services provider TechnipFMC a subsea engineering, procurement, construction and installation (EPCI) scope as part Mero 2 oil field development project offshore Brazil.The Mero 2 project, sanctioned in June 2019…
Brazilian oil company Petrobras, the operator of the Libra consortium, has made the investment decision for the third phase of the Mero project, located deep offshore, 180 kilometers off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin…
Brazilian oil company Petrobras has signed a letter of intent with Malaysia's MISC Berhad for the chartering and services of an FPSO to be deployed at the Mero 3 development offshore Brazil.The FPSO to be named Marechal Duque de Caxias will be installed in the Mero field…
Offshore geotechnical services company Benthic will be deploying a remotely operated seabed drilling system off Brazil, as part of a contract awarded by the Brazilian national oil company Petrobras.Petrobras has hired Benthic to carry out geotechnical…
Dutch FPSO supplier SBM Offshore has closed a US$600 million bridge loan facility for the financing of the construction of FPSO Sepetiba (formerly known as Mero 2) destined for deployment in Brazil with Petrobras.SBM Offshore said the loan was…
Sandvik reports it has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield.Mero is an expansive pre-salt oilfield in the Santos Basin offshore Rio de Janeiro with immense oil production potential…
BP's phase three of the $12 billion West Nile Delta project offshore Egypt will come online by the end of this year, nearly 12 months behind the earlier scheduled deadline, the company said in a conference call this week.The third phase includes the development of the Raven field…