Rio Oil And Gas News

 

Australia's Offshore Oil and Gas Industry Faces New Indigenous Heritage Test

Sep 07, 2020

A discovery of ancient artefacts on the seabed off Australia's west coast has opened up a new frontier for resource companies to watch out for in conserving indigenous heritage.Archaeologists in July reported they had found hundreds of stone…

Ex-CEO of Schlumberger Joins McDermott Board

Aug 31, 2020

Andrew F. Gould, former Chairman and Chief Executive Officer of Schlumberger has joined the board of directors of offshore engineering services firm McDermott.Gould has more than 40 years of experience in the global oil and gas industry. Following his 37-year career with Schlumberger…

Petrobras Starts Production at Atapu

Jun 25, 2020

Brazil's state-run oil firm Petroleo Brasileiro SA said on Thursday that it has commenced oil and gas production at the Atapu well in the eastern portion of the country's massive Santos basin.Petrobras, as the company is known, is operating the well with the P-70 floating production…

Workers Test Positive for COVID-19 at Tubarao Martelo Field in Brazil

May 26, 2020

About 50 workers were infected by the novel coronavirus during an outbreak in recent weeks at a production well owned by Brazilian oil firm Dommo Energia SA, two regulatory sources with knowledge of the matter told Reuters.The production well…

Sandvik Wins Mero Steel Tube Umbilical Order

Mar 03, 2020

Sandvik reports it has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield.Mero is an expansive pre-salt oilfield in the Santos Basin offshore Rio de Janeiro with immense oil production potential…

E. Guinea Signs MoUs For Oil and Gas Blocks

Jan 13, 2020

Equatorial Guinea’s minister for mines and hydrocarbons Gabriel Mbaga Obiang Lima has signed several MoU with bidders of the country’s 2019 Licensing Round.The government of Equatorial Guinea last year offered 27 free blocks for exploration…

P-68 FPSO Starts Production

Nov 15, 2019

The Petrobras-operated P-68 floting production, storage and offloading unit (FPSO) has begun producing oil and natural gas from the Berbigão field, in the Santos Basin pre-salt, in the deep waters offshore Bazil.P-68 is the fourth unit to come into operation for Petrobras in 2019…

Kosmos Strikes Oil Off Equatorial Guinea

Nov 03, 2019

American upstream oil company founded and based in Dallas Kosmos Energy made an offshore oil discovery in Equatorial Guinea, Reuters reported quoting the Ministry of Mines and Hydrocarbons.The S-5 well was drilled at a total depth of 4,400 meters…

As Majors Eye Brazil's Deepwater, Smaller Firms Seize Opportunity

Oct 31, 2019

As global oil firms make ever-bigger bets on Brazil's massive deepwater fields in its 'subsalt' area, a swarm of small and mid-sized companies has sprung up to specialize in lower-profile fields that still produce over a third of the country's crude…

Tower’s Financial Reprieve in Cameroon

Aug 01, 2019

London-based, independent oil and gas company Tower Resources Plc has sighed with relief after the repayment of its $750,000 short term loan facility was extended to August 31 this year to enable the company finalize arrangements for the drilling…

Petrobras Reschedules Oilfield Bid

Jul 05, 2019

Brazil's Petroleo Brasileiro SA is scheduled to hold a final 're-bid' for two oilfields off the coast of Rio de Janeiro on July 8, four sources told Reuters this week, after the state-run oil firm annulled a previous bidding round.Among the…

Worley, Enaval Form Brazil Brownfield JV

Jun 12, 2019

Australian-based engineering firm Worley said it has entered into a 50:50 joint venture with Brazilian services company Enaval.The new joint venture, Worley Enaval (WE) Integrated Solutions, combines Worley’s global engineering and brownfield…

Brazil Approves Petrobras Oilfields Sale

May 31, 2019

Brazilian antitrust regulator Cade has approved the purchase by independent oil firm PetroReconcavo of 34 oilfields owned by Petroleo Brasileiro SA , the government's official bulletin showed on Friday.Cade said the sale did not reduce competition…

Petrobras Nears Sale of Offshore Oilfields

May 28, 2019

Brazil's Petroleo Brasileiro SA is nearing the sale of two oilfields in a process that could fetch around $1 billion and aid the state-run oil firm in its bid to reduce debt.Petrobras, as the company is known, has set a June 5 deadline to receive…

Oil Spill from Espadarte Field FPSO

Jan 08, 2019

Brazilian state-run oil firm Petróleo Brasileiro S.A. announced there was an oil spill on January 2 from its chartered floating production storage and offloading unit (FPSO) Cidade de Rio de Janeiro, in the Espadarte field offshore Brazil.Petrobras said approximately 4…

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