A number of key contracts were awarded in 1H 2016 in Brazil, pointing to a recovery of the local oil and gas sector. The Polvo FPSO (right) while docked at Keppel FELS shipyard. Photo from Keppel…
Brazil has been a global leader in deepwater technology. If it can put its troubles behind, it has a real opportunity to be the world leader, says io oil & gas’ Ed Hernandez. International Olympic…
The South American offshore market is back on the heat map, due to Exxon’s major Guyana discovery and Statoil’s interest in Brazil’s Carcará, says Rystad Energy’s Kjetil Solbraekke. Statoil took over as operator of the Peregrino field (FPSO pictured)…
Brazil’s senate has removed President Dilma Rousseff from office today (31 August) in a 61-20 vote, convicting her of breaking budget laws, and masking the extent of Brazil’s financial woes. Temer…
Norwegian giant Statoil and Brazilian giant Petrobras entered into a two-year memorandum of understanding (MoU) to strengthen cooperation between the two offshore Brazil. Statoil CEO, Eldar Sætre (left)…
Hansa Heavy Lift has transported five pipe racks and three modules, weighing a total of 1871.51-tonne and measuring 24,075cu m, for a new floating production storage and offloading (FPSO) unit, the P-67, due to be stationed off the coast of Brazil…
Seadrill has received a notice of termination from Pemex for the West Pegasus drilling contract, effective 16 August 2016. Seadrill says it has disputed the grounds for termination and is reviewing its legal options. During Q2 2015…
SapuraKencana Petroleum Berhad has delivered its sixth and final pipelay vessel (PLV), the Sapura Rubi on schedule to Petróleo Brasileiro S.A (Petrobras) and the vessel started work in Brazil on 14 August 2016. Image of the Sapura Diamante…
Noble Corp. is adding to its cold stacked and warm stacked list, in addition to receiving an early termination notice, and signing a short term contract with Apache. Noble Tom Prosser, from Noble…
Technip and DOF Subsea’s 50:50 joint venture TechDof Brasil has taken final delivery of the pipe-lay support vessel (PLSV) Skandi Açu, and started its eight-year charter contract with Petrobras on 13 August. Skandi Açu…
Total E&P Uruguay awarded Fugro a contract to support its drilling campaign offshore Uruguay. The contract provides for ROV and tooling services in the Raya-1 prospect in 3400m water depth. Fugro is supplying two state-of-the-art 200hp FCV 4000D work-class ROV systems and subsea tooling…
Australia's BHP Billiton has made a gas discovery on the deepwater LeClerc play-opening well offshore Trinidad and Tobago. BHP had been drilling for oil. The LeClerc 1 ST01 well was drilled in Block 5, in 2500-8500ft water depth, 135mi…
InterMoor's Brazilian subsidiary successfully completed its involvement in the decommissioning operations of the OSX-1 FPSO (floating production, storage and offloading). InterMoor was responsible for the disconnection of the submerged turret production system (STP)…
Norwegian part-state owned oil giant Statoil and Brazilian state oil firm Petrobras have agreed a deal which will see Statoil acquire Petrobras’ 66% operated interest of the BM-S-8 offshore license in Brazil’s prolific Santos basin. The US$2…
Independent explorer Tullow Oil has returned to a profit and is looking forward to first production on its TEN project offshore Ghana next month, on schedule, and focusing its exploration efforts on South America. TEN, a floating production…
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