Lifting, drilling and subsea solutions firm Huisman has received its first order for a new production facility in Brazil. Huisman is to provide three sets of five cranes, manufacturing of which will start in 2014, when construction of the Brazilian production facility is completed…
Falkland Oil and Gas (FOGL) has said it is moving closer to securing a rig for a 2014 drilling campaign in the remote Falklands region. The firm, focused on areas to the south and east of the Falkland Islands, said a rig enquiry had been issued and available units identified…
Petrobras President Maria das Graças Silva Foster announced at public hearing in the Brazilian Senate that the company plans to invest R$4 billion in 2013 and R$21.2 billion between 2013-2017 in information technology and telecommunications…
The board of directors for Petrobras has approved the sale of 100% of the shares issued by Bogota-based Petrobras Colombia Ltd. (PEC) to Perenco for US$380 million, the company announced on 13 Sept 2013. Petrobras Colombia is selling…
Desire Petroleum has said a farm out process on its Falklands acreage has been held back by uncertainty over the timing and scope of the development of the Sea Lion oil field. A lack of a firm date for the mobilisation of a rig to the…
Shell has awarded FMC Technologies, Inc. a contract to supply subsea systems for the Parque das Conchas Phase 3 development offshore Brazil. FMC Technologies' scope of supply includes seven subsea trees, two manifolds and associated subsea control systems…
Venezuela and Trinidad and Tobago announced Wednesday that the former’s state-held oil company Petróleos de Venezuela, S.A. (PDVSA) will develop an offshore natural gas field in partnership with Chevron. This agreement marks the end of a…
Seatronics do Brazil, an Acteon company, has been appointed as the exclusive distributor for CodaOctopus Ltd in Brazil, a decision that will widen the portfolio of specialist subsea marine equipment that it can now offer to the Brazilian market…
Seatronics Ltd., an Acteon company, and Zetechtics Ltd. have signed a global representative agreement for the Jupiter range of subsea ROV intervention control systems and associated products. The agreement includes the provision of rental…
Technip signed a four-year frame agreement with Petrobras for projects modifications services for the Rio de Janeiro Operations Unit, including existing offshore platforms located in the Campos Basin area, Brazil. The services comprise basic and detailed design…
Representatives from Brazil’s government and oil and gas industry advocated strongly for British investment at UKTI’s panel discussion on Brazil Tuesday morning. “Several companies are going to Brazil, and now is the time to go,” said Carlos Camerini…
This decade is a unique opportunity for European contractors and suppliers to really go for it in terms of looking to win a larger global share of the supply market, Malcolm Brinded said yesterday. Brinded, of the Shell Foundation, was chairing…
Technip has signed a four-year frame agreement with Petrobras for projects modifications services for the Rio de Janeiro Operations Unit (UO-RIO)*, including existing offshore platforms located in the Campos Basin area, Brazil. The services comprise basic and detailed design…
The foundations of the global energy system are shifting and the lives of energy policy makers are not getting any easier. If they didn’t have enough to worry about with securing affordable, sustainable supplies of energy to meet national needs…
Alaska states Arctic needs Alaska’s Lt. Governor Mead Treadwell stated the case for the state’s needs at the Ice-Diminished Arctic Conference in Washington, D.C. He emphasized the need for safety, security, and economic development in the region…
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