Offshore South America News - page 157


Petrobras to drill Libra 2H 2014

Jan 24, 2014

Drilling operations will begin in 2H 2014 on two wells in the giant Libra field off Brazil following approval of the field’s 2014 working and investment plan. The Brazilian national Petróleo Brasileiro S.A. (Petrobras), along with Pré-Sal Petróleo S…

EIA: Ecuador energy analysis

Jan 21, 2014

Ecuador, the smallest oil-producing affiliate of the Organization of the Petroleum Exporting Countries (OPEC), is the fifth-largest oil producer in South America, and has the third-largest oil reserves in the region, after Venezuela and Brazil…

Prysmian wins DHT contract

Jan 17, 2014

Petrobras awarded a US$24 million contract to Prysmian Group for downhole technology (DHT) systems. The DHT systems for offshore oil and gas extraction application will be delivered in July 2014, and will be manufactured in the Prymian Group’s facilities in Bridgewater…

BW Offshore enters Polvo field

Jan 16, 2014

BW Offshore has signed a letter of intent to acquire 30% of the Polvo oil field, located in the Campos basin in Brazil. Following the ongoing sale of BP’s stake in the Polvo field to HRT Participações em Petróleo S.A. (HRT), BW Offshore has the intention to acquire half of HRT’s stake…

Tension legs for Sea Lion

Jan 16, 2014

London-based Premier Oil, and partner Salisbury-based Rockhopper Exploration Plc, selected a tension leg platform (TLP) with an integral drilling rig, to develop the Sea Lion project north of the Falkland Islands.  The company said that…

Petrobras sees pre-salt reserves increase

Jan 15, 2014

Petrobras' proven pre-salt reserves are up 43% in 2013. Since 2007, the company has been adding increasing amounts to its proven reserves coming from the pre-salt layer, which extends from the south of the state of Espírito Santo to the state of Santa Catarina…

Using RFID technology to improve offshore logistics

Jan 15, 2014

RFID is nothing new, but companies are adopting the technology in hopes of streamlining the way they do business offshore. By Audrey Leon Offshore logistical operations can be complicated. Companies need to keep tabs on all equipment…

Cidade de Ilhabela marches on

Jan 14, 2014

Following its 10,625nm (19,678km) voyage from China, the FPSO Cidade de Ilhabela arrived at Brazil's Brasa yard on Jan. 12 ready for the next step in its journey: bare hull and topside integration. Conversion work was completed in China in October 2013…

Fairmount delivers Ensco 5004

Jan 10, 2014

Fairmount Marine has delivered the drilling rig ENSCO 5004 in Malta at the endof a voyage that began offshore Rio de Janeiro.ENSCO 5004 is a 1982- built, 94.7m-long, and 70.4m-wide semisubmersible. It was towed from Rio de Janeiro to Malta…

HRT plucks Polvo from BP

Jan 09, 2014

Brazilian independent HRT Participacoes em Petroleo SA acquired a 60% working interest and the operatorship stake in the Polvo field from BP Energy do Brasil Ltda, following the Jan. 8 close on a deal worth US$101 million.In the transaction…

OOS International inks Petrobras deal

Jan 07, 2014

Offshore accommodation services provider OOS International BV secured a four-plus-four-year charter contract for two semisubmersible crane and accommodation platforms for Petrobras. The vessels are scheduled to be delivered early 2014. The…

Shell grabs Petrobras' BC-10 stake

Dec 30, 2013

Petrobras' partners in the BC-10 development, also known as Parque das Conchas, have finalized a buyout worth approximately US$1.6 billion for the Brazilian national's 35% interest in the project. Shell will pay $1 billion for its additional 23% interest…

Excelerate completes 500th ship-to-ship LNG transfer

Dec 23, 2013

Excelerate Energy L.P. completed its 500th commercial Ship-to-Ship (STS) transfer of LNG on September 23, 2013 in Escobar, Argentina at the GNL Escobar LNG import facility. Using Excelerate Energy’s regasification vessel, Exemplar and the conventional LNG carrier SCF Arctic…

MODEC gets backing for Carioca

Dec 18, 2013

Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd., and Marubeni Corporation have agreed to back a long-term charter company set up to provide a the floating production, storage, and offloading (FPSO) system for use in the Carioca area pre-salt oil field…

Maersk Oil assessing Whale Park wells off Brazil

Dec 17, 2013

At the end of Q3 2013, Maersk Oil reported it continues assessing the Itaipu and Wahoo appraisal wells, and lists the offshore Brazil projects as part of its long-term perspective. Up to the first quarter of 2013, Maersk Oil has drilled…

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