Offshore South America News - page 158

 

CGX Energy enters 3D seismic survey offshore Guyana

Sep 22, 2014

CGX Energy Inc. entered into a seismic contract with Prospector PTE. Ltd. to conduct a 3116.74sq km 3D seismic survey on Demerara Block, offshore Guyana. The contract represents one of the most extensive 3D seismic studies ever conducted…

Rio Oil and Gas: Advancing recovery through nanotechnology

Sep 19, 2014

Rio Oil and Gas’ final day included a presentation on how nanotechnology can play a role in exploration and recovery. The oil and gas sector, with the support of IBP (Brazilian Petroleum Institute), is working on a nano agent capable of increasing oil recovery by 20%…

17th Rio Oil & Gas closes with record business volume

Sep 19, 2014

The 17th Rio Oil & Gas, one of three major events of the industry in the world, has come to a close on 18 September. Some points highlighted by João Carlos de Luca, president of Brazilian Petroleum, Gas and Biofuels Institute (IBP) included the volume of business conducted…

Petrobras to sign ship contract this month

Sep 19, 2014

Brazil's state-run oil company, Petroleo Brasileiro, will sign a contract to build and lease a floating production ship for its Libra offshore project this month, company Chief Executive Maria das Gracas Foster said on 18 September, as reported by Reuters…

DNV GL appoints new regional manager, South America

Sep 18, 2014

Alex Imperial has taken over as DNV GL Oil & Gas’s regional manager for South America just as the company is creating a dedicated research unit in Brazil. Imperial recently left Singapore, where he was Director for DNV GL’s Deepwater Technology Centre…

Rio Oil and Gas: Pre-salt production to increase by 2020

Sep 18, 2014

Petrobras expects pre-salt production to account for 50% of its total production by 2020, Carlos Tadeu Fraga, Petrobras’ general manager for pre-salt E&P told attendees at Rio Oil and Gas 2014 on Wednesday. Fraga (pictured) stepped in…

Noble eying 1.6bn bbl Falkland prize

Sep 17, 2014

US-based explorer Noble Energy has lined up a string of prospects in the Falklands with prospective resources totaling up to 1.6 billion barrels of oil.  The firm has been assessing 2D seismic and new 3D datasets in the south and east Falkland basin…

Maersk sells Venezuela drilling unit

Sep 17, 2014

Maersk Drilling is selling its drilling barge activities in Venezuela to Barrystar Holding, an investment company based in Panama. The activities, registered in the company Maritime Contractors Venezuela (MCVSA), comprise the ownership…

Ilhabela sails away from Brasa

Sep 16, 2014

The Cidade de Ilhabela floating production storage and offloading unit (FPSO) sailed from the Brasa shipyard on 15 September, marking the first FPSO to be integrated at Brasa’s quay number two. The departure of the FPSO is a milestone for 2-year-old Estaleiro Brasa (shipyard)…

Brazil announces 2015 Round

Sep 16, 2014

If the expected increase in Brazilian oil production continues, Brazil will become a crude oil exporter by 2018, with a forecasted export volume of between 1.5-2MMb/d, Magda Chambriard, General Manager of the ANP (Brazil's National Petroleum Agency)…

Infield: Deepwater and ultra deepwater overview

Sep 15, 2014

The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…

Aker wins US$465M Petrobras contract

Sep 15, 2014

Petrobras awarded Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) a US$465 million contract to provide subsea intervention services offshore Brazil. The five-year contract slated to begin in 4Q 2016 is for the Aker Wayfarer subsea construction vessel…

EMGS wins Petrobras contract

Sep 09, 2014

Petrobras awarded Electromagnetic Geoservices ASA (EMGS) a US$5.5 million contract for 3D EM data acquisition in Brazil. EMGS says all necessary permits are in place and the start-up of acquisition will be as soon as possible. The survey will be done using the vessel EM Leader…

Technip picks up Juniper EPIC

Sep 09, 2014

BP Trinidad and Tobago (BPTT) awarded Technip an engineering, procurement, installation and commissioning lump sum contract for the development of the Juniper project, off the southeast coast of Trinidad. BPTT announced the sanction of the Juniper offshore project in August…

Statoil to explore off Nicaragua

Sep 05, 2014

Norway's Statoil and Nicaragua's DNP-Petronic signed a cooperation agreement for future oil and gas activities offshore Nicaragua's Pacific coast, it was announced on 3 September 2014.  Statoil says that the consortium (Statoil and…

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