Libra Consortium operator Petrobras has concluded the extended well test (EWT) in the Mero field, located in the block of Libra, in Santos Basin’s pre-salt layer.Launched in November 2017, production was carried out by FPSO Pioneiro de Libra…
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…
Aker Solutions said it has secured an order from Petrobras to provide a subsea production system and related services for the Mero 1 project, the first full production project within the major Mero field development, one of the largest oil discoveries in Brazil's pre-salt area…
Oil company Petróleo Brasileiro SA, or Petrobras, said on Wednesday it finished a long-term test at the Mero field in the Libra pre-salt area with positive results.The Brazilian company said in a statement that the well used for the test in Mero reached an average production of 58…
Seabed Geosolutions’ Ocean Bottom Seismic & Manta OBNThe acquisition of seismic data using nodes placed on the sea floor, Ocean Bottom Seismic (OBS) and its use in deep water with Ocean Bottom Nodes (OBN) have been growing rapidly in recent…
Oil and gas major Total said on Tuesday it expected deepwater oil and gas operations to make a strong contribution to its output and cash flow thanks to major developments in the West Africa's Gulf of Guinea region, Brazil and U.S. Gulf area…
The Libra consortium, led by Petrobras, has chosen Modec to charter a floating production storage and offloading unit (FPSO), the first definitive production system of Mero field, which will be used in the Mero Pilot project (formerly Libra Northwest)…
Petrobras and its partners have achieved first oil from the mega pre-salt development Libra, the operator announced today (27 November). Libra is in the ultra-deep waters of the Santos Basin, 180km offshore Rio de Janeiro, Brazil. The…
Petrobras has declared commerciality at the Libra Northwest field, formally renaming it Mero, following a vote amongst its workforce, the Brazilian operator announced on 30 November. Pioneiro de Libra FPSO…
French oil major Total and Brazilian national Petrobras have finalized the US$1.95 billion transfer of interests in the pre-salt Santos Basin from Petrobras to Total. The companies called the move a “decisive milestone” in a strategic alliance…
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…
Petrobras has released its new 2018-2022 business plan, in which the Brazilian giant has promised to maintain about the same level of investments in exploration and production (E&P) as it listed in last year's plan. Photo from OE/Audrey Leon…
FairfieldNodal has begun a project to acquire and process high-resolution 3D marine seismic for the Libra consortium led by Petrobras, Total, Shell, China National Petroleum Corp., and CNOOC. The Libra project, FairfieldNodal’s first such project offshore Brazil…
Class society ABS issued a managed pressure drilling (MPD) notation to Seadrill’s West Capella ultra-deepwater drillship for demonstrating system compliance with the ABS Guide for Classification and Certification of Managed Pressure Drilling Systems Guide…
A steady recovery is in motion in the subsea business with the potential for major subsea awards in the remaining months of this year and throughout 2018, according to TechnipFMC's boss Doug Pferdehirt. The firm won US$2.5 billion in…
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