Cidade de Paraty in production FPSO Cidade de Paraty went on stream, beginning production from the Lula Nordeste field in the Santos Basin presalt play. It is about 300km off Brazil, in the northeast corner of Block BM-S-11. The FPSO can process up to 120…
RWE in Suriname RWE Dea signed a farm-in agreement with Petronas Suriname E&P BV, acquiring 40% interest in Block 52 off Suriname. The block is in the Guyana-Suriname Basin 120km off the northeast coast of South America in 100-1,000m deep water and has potential in Upper Cretaceous strata…
IHC Merwede has announced that it has signed two new contracts for the EPC (engineering, procurement and construction) delivery of offloading system packages for five FPSO vessels (floating production storage and offloading). The first…
Vallourec today announces the inauguration of a new Research Center in Rio de Janeiro, in the presence of Philippe Crouzet, chairman of Vallourec's Management Board. Due to be operational by October 2013, the Rio Center will focus on all pre-salt activities of the Group…
Subsea 7 is to build and operate three flexible pipe-lay support vessels (PLSV) for Petrobras under three five-year contracts worth about US$1.6 billion. The contracts include project management, engineering and installation of flowlines…
UOP LLC, a Honeywell company, was contracted by PNBV, a subsidiary of Petrobras, to supply UOP Separex™ membrane systems to process natural gas aboard four FPSOs. The vessels will process natural gas extracted from Petrobras’ Lula pre-salt oil reserves…
Oil and natural gas production in May On May 18, 2013, Petrobras set a new pre-salt production record, with output of 322,100 bo/d. 11,000 bo/d up from the previous record of 311,500 bo/d set on April 17, 2013. In addition to encouraging figures for pre-salt production…
FMC Technologies, Inc. received an order from Petrobras for the supply of subsea trees for its pre-salt fields, located offshore Brazil. The value of the award is estimated at $500 million and represents the call-off of the remaining value of the $1…
Russia's Rosneft and Venezuela's PDVSA struck a deal concerning the implementation of projects offshore Venezuela. The agreement calls for the two companies to conduct joint studies evaluating technical and economic viability of offshore gas and condensate production in Venezuela…
Subsea 7 has been awarded a US450million contract by Petrobras for the use of the Seven Pheonix pipelay vessel for five years. The vessel has operated for Petrobras for several years and is currently under contract with the Brazilian oeprator…
Sembcorp Marine’s PPL Shipyard has won two orders for turnkey contracts worth a total US$417million from Mexico's Integradora de Servicios Petroleros Oro Negro. The orders are for the construction of two jack-up rigs, scheduled for delivery at end July 2015 and end of third quarter 2015…
In mid-April, there were 122 offshore drilling rigs in Brazil, including 29 under construction and 93 others: 26 drillships, 52 semisubmersibles, 8 jackups, and 7 platform rigs. The status of the rigs not under construction: 77 drilling, 8 on workovers…
Trinidad and Tobago announced the signing of four production sharing contracts (PSCs) with Australia's BHP Billiton for four deepwater blocks that the company had previously won in December during the country's 2012 deepwater bid round. On…
GE will supply Mitsui Ocean Development Engineering Co. Ltd. (MODEC) with four LM2500+G4 aeroderivative gas turbine packages for a new floating production, storage and offloading (FPSO) platform. The FPSO, owned and operated by MODEC, will be installed in 2…
Vacuum pump, blower and vacuum systems manufacturer Busch inaugurated a new factory in Jarina, 50km north of Sao Paulo, Brazil. In the presence of the Mayor of Jarina and 280 invited guests, the new factory was officially opened by Dr Karl Busch…