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…
SBM Offshore and Petróleo Brasileiro (Petrobras) will resume normal business relationships after a US$163 million settlement agreement over allegations relating to the Lava Jato scandal was reached amongst the Dutch floating production specialist firm and Brazilian authorities last week…
Petrobras has started production from the Cidade de Saquarema floating production and storage offloading (FPSO) unit on the giant Lula field, offshore Brazil. Cidade de Saquarema, from SBM Offshore…
Petróleo Brasileiro (Petrobras) is offering nine shallow water fields located in the states of Ceará and Sergipe, in a competitive process. Image from Petrobras. The Brazilian…
Brazil's interim president, Michel Temer, has named a new CEO for the country's national oil company Petrobras. Petrobras announced today that it was informed Thursday, 19 May, of the decision to appoint Pedro Parente, an engineer, to Petrobras' board and to the position of CEO…
Brazil’s National Petroleum Agency (ANP) granted a 27-year extension to Petróleo Brasileiro (Petrobras) for two concession contracts in the Campos basin, offshore Brazil that will lead to the drilling of 10 new wells. Image from Petrobras…
A RIP Industrial Services worker died over the weekend, after falling 12m from a Petrobras platform, offshore Brazil. According to the Sindipetro-NF workers’ union, Victor Geraldo Brito, 29, fell from the Cherne-2 platform (PCH-2), from 12m high and did not survive the impact…
Overcome with financial woes, Petrobras is taking another stumble as the company announced a voluntary termination program in hopes to reduce its workforce by 12,000 to save more than US$9 billion (33 billion BRL) in the coming years. Image…
Brazilian giant Petrobras is expecting to reduce its annual costs by an additional US$500 million with a reorganizational plan that will cut jobs by 43%, compared to its original goal of 30%. Image of Petrobras headquarters in Brazil…
Amid Petróleo Brasileiro’s (Petrobras) largest net quarterly loss in its history of US$10.2 billion (36.9 billion BRL), the Brazilian giant also confirmed its biggest oil column discovery at its Libra field. Petrobras headquarters…
Petrobras entered into a US$10 billion financing deal with China Development Bank (CDB) that includes a trade agreement for the Brazilian giant to supply oil to Chinese companies. Image from Petrobras…
Brazil’s Senate passed a bill that could strip Petrobras of its role as sole operator of the country’s pre-salt fields. Image of José Serra, from Senado Federal Flickr. Yesterday…
PetroRio has received its second cancelation notice, this time from Petrobras, for the Bijupirá and Salema fields offshore Brazil, just two weeks after it received a pink slip from supermajor Shell, leaving the Brazilian minnow completely out of the fields…
Sapura Navegacao Maritima’s (SNM) fourth pipelaying support vessel (PLSV), the Sapura Jade started work with Petrobras on 14 February. The Sapura Diamante. Image from SapuraKencana. The Sapura…
Petróleo Brasileiro (Petrobras) has started production from the Cidade de Maricá floating production storage offloading unit (FPSO), in the pre-salt layer of the Santos Basin, offshore Brazil, in addition to the expansion of the country’s longest subsea natural gas pipeline…
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