Offshore South America News - page 164


Global Deepwater Review

May 16, 2013

E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…

Brazil licensing round attracts $1.4B

May 15, 2013

ANP, Brazil's National Petroleum Agency, announced the winners of its 11th Licensing Round - the first round since 2008, which was held on 14 May 2013 in Rio de Janiero. The agency said there was record interest in the round with 39 companies from 12 countries participating…

ThoughtStream: Identifying deepwater challenges

May 14, 2013

As subsea projects continue to increase in size and complexity, they are also more frequently executed in deepwater and harsh environments.  As well as having the vessels and ROVs with the capabilities to execute the scopes, and the expert…

Toyo wins P-74 topsides

May 13, 2013

Brazil's Petrobras awarded Toyo Engineering Corp. affiliate, Estaleiros do Brasil Ltda. (EBR), an EPCI contract for its P-74 FPSO, Toyo announced on 13 May 2013. The contract was awarded by Petrobras Netherlands BV. The scope includes…

Petrobras in Entorno de Iara find

May 08, 2013

Petrobras announced the discovery of good quality oil in the Transfer of Rights area referred to as Entorno de Iara, in the Santos Basin pre-salt region. Well 1-BRSA-1146-RJS (1-RJS-711), known as Entorno de Iara 1, is located at a water depth of 2…

Petronas adds Campos Basin stake

May 08, 2013

Brazilian independent OGX Petróleo e Gás Participações S.A. (OGX), has entered into an agreement with PETRONAS Brasil E&P Ltda (Petronas) to sell a 40% non-operating work interest in BM-C-39 and BM-C-40 blocks, located in the Campos Basin…

HRT picks up Polvo stake

May 07, 2013

HRT Oil & Gas Ltda will purchase BP's 60% stake in the Polvo oil field, located 100km off Rio de Janeiro's coast, for US$135 million, the supermajor announced on 6 May 2013. BP said it expects the deal to close by 2H 2013, pending regulatory approvals…

OTC.13: Tendeka opening Canada office

May 07, 2013

Tendeka, the provider of completions systems and services to the upstream oil and gas industry, today announces plans to significantly grow its North and South American market presence by promoting its full portfolio of complementary completions products and services in the region…

FOGL targeting Falklands drilling H2 2013

May 02, 2013

Falklands exploration firm Falkland Oil & Gas (FOGL) has said it will be continuing its 3D seismic acquisition campaign and looking for drilling targeting for exploration drilling in the second half of this year. The firm's 3D seismic programme is covering more 10…

Saipem wins $500m Latin America work

Apr 22, 2013

Saipem has been awarded new E&C Offshore contracts in Latin America with a total value of approximately $500 million. In Venezuela, Saipem signed with Cardon IV, a 50/50 joint-venture between Eni and Repsol, T&I contracts for the development of the Perla EP Project…

Falklands seismic net widened

Apr 16, 2013

FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands is pleased to provide the following operations update with respect to the ongoing 3D seismic operations. The…

Newbuild growth: Brazil, Africa, SE Asia and Australia

Apr 15, 2013

The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain…

Baúna starts producing

Apr 10, 2013

FPSO Cidade de Itajaí Petrobras began producing at Baúna field, in the southern Santos Basin, off Brazil. The FPSO Cidade de Itajaí, which arrived at the field in December, was connected to well 9-SPS-88. That well is estimated to produce up to 12…

Falkland seismic

Apr 10, 2013

C.  PGS vessel Ramform Challenger began gathering London-based Borders & Southern Petroleum’s 3D seismic program off the Falkland Islands in the South Atlantic. Located about 140km south of the Falkland Islands and covering more than 1000 sq km…

Light oil discovery

Apr 10, 2013

B. Karoon Gas Australia encountered light oil at the Kangaroo-1 exploration well on block S-M- 1101 in the Santos Basin off Brazil. Karoon drilled the Kangaroo prospect to 3049mRT. Mudlog, wireline petrophysical and MDT pressure data confirmed the presence of a 25m oil column in the Eocene…

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