Petrobras cancels rig contract with Ocean Rig Petrobras has cancelled a leasing contract with Ocean Rig, the Brasilian NOC announced on 29 November 2012.Petrobras had announced in February that it planned to lease five drilling rigs…
Saipem has won new onshore drilling contracts worth approximately $500 million, the company announced on 23 November 2012.Saipem will utilize 13 rigs, three of which will be new purpose-built units, for work in Saudi Arabia, South America and Kazakhstan…
Thomas DiNapoliChevron has filed a complaint with the New York State Joint Commission on Public Ethics against state comptroller Thomas DiNapoli in connection with the company's ongoing litigation in Ecuador, Chevron announced 20 November 2012…
Global upstream spending ballooned by 47% in 2010, driven by substantial investments in the US and Latin America, IHS reported. In the IHS Herold 2011 Global Upstream Performance Review, the information service said capital spending among 221 oil & gas companies reached $558 billion in 2010…
Rolls-Royce is betting big on Brazil, where the company's energy business, recently bolstered by lucrative contracts with Petrobras, is setting up a $100 million-plus purpose-built gas turbine assembly and test facility. Russell McCulley reports…
Flexomarine is slated to deliver 44 hoses for Modec’s FPSO Cidade de Mangaratiba in November. A mix of the floating and subsea varieties, the hoses will be 10.7m long by 500mm in diameter and are meant for the pre-salt Cernambi Sul project in 2300m of water…
Francisco Villagran has been appointed to the new Inchcape Shipping Services role of regional operations manager, Americas, based in Chile.
Some notable heavy oil projects offshore Brazil are entering advanced phases to increase or maintain production. Russell McCulley reports from Rio de Janeiro on the latest developments at three Campos Basin fields – Statoil’s Peregrino, Petrobras’…
Calixto Deberaldini has been appointed BDM and strategy adviser at Brazil’s Fluke Engenharia, reporting to MD Laurent Maubré. Deberaldini joins the Acteon group business unit from GE Oil & Gas where he served as the subsea division’s Brazil sales manager.
Amec is acquiring a 50% stake in Kromav Engenharia, a privately owned Brazilian engineering firm with over 400 marine and offshore projects to its credit. Based in Rio de Janeiro, Kromav has a team of some 200 people specialising in engineering services for offshore platforms…
Dutch offshore lifting and drilling solutions provider Huisman has begun the landfill works for a 15,000m2 production facility in southern Brazil alongside the Itajai-Açu river in Navegantes, Santa Catarina state. It is expected to be operational in 2Q 2013…
Swedish polymer and syntactic foam specialist Trelleborg officially opened its newly constructed facility in Macaé, Brazil, last month. The company also announced that it is planning to install ‘the largest hydrostatic pressure testing vessel in the world’ at the new facility.
With massive investment and aggressive technology development required to match world energy demand in coming decades, South America’s ‘southern cone’ will have a big role to play. Russell McCulley reports from Rio de Janeiro.Thanks in large part to Brazil’s pre-salt discoveries…
Oil seeps at Chevron’s Frade field nearly a year ago have led Brazilian regulator ANP to assess millions in fines against Chevron and ultimately halted output at the troubled Campos Basin field. In November 2011, Chevron P&A’d an appraisal well…
Maintaining a steady level of exploration activity, OGX has marked a number of successes.The Itacoatiara well, or OGX-79, found a hydrocarbon column of about 150m with 64m of net pay in the Albian section in the Campos Basin. The block BM-C-39 well…
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