Brazil ///

Subsea 7 awarded Santos basin FPSO hookup contract

Subsea 7 today announced the award of a sizeable contract by Total E&P do Brasil for the development of the Lapa North East field, at 2,150 meters water depth in the pre-salt Santos basin.

Repsol Sinopec Brazil, Ouro Negro and PUC-Rio expand technological partnership

Repsol Sinopec Brazil, Ouro Negro and the Mechanical Engineering Department of PUC-Rio’s Technical and Scientific Center (CTC/PUC-Rio) are expanding their technological partnership, developing a through tubing logging profiling tool to assess cement quality in lined wells.

MODEC reports oil spill in Espadarte field offshore Brazil

MODEC informed Petrobras that cracks were identified at the hull of FPSO Cidade do Rio de Janeiro, at the Espadarte field, in the Campos Basin, 130 km off the coast of Brazil.

CGG begins new Brazil pre-salt 3D broadband survey

With an initial focus on Brazil’s 15th License Round blocks, the data is being acquired by the Geo Caribbean, and a portion of the survey will provide 3D data coverage where no other 3D data currently exists.

MODEC issues $1.1 billion in bonds to refinance FPSO in Brazil

This project bond was issued for the FPSO Cidade de Mangaratiba MV24 which has been deployed and is currently in operation at the Iracema Sul oil field, operated by Petrobras, in the "pre-salt" region offshore Brazil.

Petrobras contract penalties swing Vantage Drilling to profit

Vantage Drilling reported net income of $590.7 million for the second quarter of 2019, thanks to payments of more than $700 million by Petrobras for terminating drilling vessel contracts.

Upcoming license rounds show great promise for Brazil, says ANP’s Kury

Recent resumption of exploration programs puts Brazil on track to be one of the world's leading oil producers over the next 10 years, said Felipe Kury, director of Brazil’s National Petroleum, Natural Gas and Biofuels Agency.

Halliburton to bring pre-salt expertise to Libra development in Brazil

Halliburton announced the execution of an integrated services contract with Petrobras for pre-salt development in the Santos Basin, driving efficiency by applying pre-salt expertise and integrating multiple product offerings and technologies.

Mexico’s moratorium on oil auctions gives rival Brazil an edge

Mexico’s moratorium on auctioning off its oil riches to foreign producers is giving a leg up to nearby rivals Brazil and Guyana.

New managing director to head Wintershall Dea in Brazil

Change at the top of Wintershall Dea in Brazil: Valerie Bosse is the new managing director of the Wintershall Dea Business Unit Brazil and is responsible for all previous Wintershall and DEA activities in the country.

World of oil and gas

Emily Querubin, World Oil

Talos Energy has completed its appraisal program for the Zama discovery on Block 7, in the offshore portion of Mexico’s prolific Sureste basin.

Equinor, partners fully align interests in Carcará oil discovery in Brazil

Equinor and Barra Energia have completed their transaction announced on July 4, 2018, whereby Equinor has acquired Barra's 10% interest in the BM-S-8 block in Brazil's Santos basin for a total consideration of $379 million.

Rosneft project in the Solimões basin gets priority status

The government of the Brazilian state of Amazonas assigned the priority status to Rosneft’s project in the Solimões basin.

Petrobrás makes biggest gas discovery in the Sergipe basin since 2006

Petrobras has made its biggest discovery in the Sergipe since the pre-salt in 2006. Of six fields, it expects to extract 20 MMcmd of natural gas, equivalent to a third of the total Brazilian production.

Libra Consortium takes FID on Mero-2 FPSO in Brazil’s pre-salt

Libra Consortium has announced the final investment decision to contract the Mero-2 floating production, storage and offloading (FPSO) vessel to be deployed at Mero field offshore Santos basin in Brazil.

SBM Offshore awarded LOI, operate contracts for FPSO Mero 2 lease

SBM Offshore has announced that it has signed a Letter of Intent (LOI), together with Petróleo Brasileiro S.A. (Petrobras), for a 22.5 years lease and operate of FPSO Mero 2, to be deployed at Mero field in the Santos basin offshore Brazil, 180 km offshore Rio de Janeiro.

Petrobras elects new officer to board of directors

Petróleo Brasileiro S.A. - Petrobras reports that its board of directors, at a meeting recently, elected Mr. Roberto Furian Ardenghy for the position of chief institutional relations ffficer.

Brazil's ANP identifies opportunity to postpone oil and gas auctions in 2019

There is room to discuss postponement of at least one oil and gas auction in 2019.

Brazil wants to double gas outflow from pre-salt formation

New routes to deliver the natural gas produced in the pre-salt could require $2 billion in investments, according to the Energy Research Company (EPE).

McDermott awarded EPCI contract by Petrobras for Sepia Field Project

McDermott International, Inc. has announced the award of a significant* contract by Petrobras for engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field, located 174 mi (280 km) from the Rio de Janeiro coastline in Brazil.