Brazil

News
January 25, 2023
TechnipFMC will provide life-of-field subsea services to support its installed base offshore Brazil. The contract covers equipment and tooling installation, intervention, and maintenance.
News
January 20, 2023
The delay is costing Petrobras a fortune of about $1 million a day for the rig, three helicopters, support boats and workers, according to calculations by consultancy Wood Mackenzie Ltd.
News
January 20, 2023
TotalEnergies awarded the first contract- the LAPA Southwest (LAPA SW) development project- to Saipem and partner Aker Solutions do Brasil. Equinor also awarded a contract to Saipem for the Irpa pipeline project.
News
January 18, 2023
“FSO Pargo”, a double-hull vessel built in 2004 that has a 750,000 bbls storage capacity, is expected to be on location in March, moored in April and operational in August 2023, following final licensing approval.
News
January 18, 2023
The frame agreement entails the provision of pipes Alleima produces with CRA materials and finished with TenarisHydril Blue® premium connections and Dopeless® technology.
News
January 16, 2023
At production start-up, expected in 2025, Lapa South-West will increase production from the Lapa field by 25,000 barrels of oil per day, bringing the overall production to 60,000 barrels of oil per day.
News
January 13, 2023
The agreements provide for the offshore transportation of passengers and small loads to Campos and Vitória basin - the main sedimentary area already explored off the Brazilian coast – for the next 4-5 years.
News
January 09, 2023
The reimaging project will merge over 7700 km2 of existing public 3D seismic data in the Foz do Amazonas basin.
News
January 04, 2023
This survey, covering 11,425 km2 , will broaden the region's 3D coverage and deliver additional high-quality data essential for the exploration efforts in the Foz do Amazonas basin.
News
January 02, 2023
Petrobras slumped as much as 6.9% in Sao Paulo, the main drag on the benchmark Ibovespa index, which fell 3.1% as of 11:47 a.m.
News
January 01, 2023
President-elect Luiz Inacio Lula da Silva has selected a senator and former Petrobras official to lead Brazil’s state-controlled oil giant with the aim of turning it into a renewable energy powerhouse.
News
December 28, 2022
The total acquisition consideration is $174.1 million, with a purchase price of $138 million, subject to specific adjustments, plus $36.1 million to be paid upon successful achievement of earnout milestones.
News
December 22, 2022
The Ramform Victory will most likely be rigged to acquire the Barracuda-Caratinga 4D survey, supported by PGS Apollo as a source vessel. Mobilization is scheduled to start in Q2 2023 and acquisition is expected to be completed in early 2024.
News
December 21, 2022
Carmo Energy, a subsidiary of Cobra IS, will oversee the maintenance of these facilities and of the work to upgrade them to technical and environmental standards. It will be remunerated through their exploitation.
News
December 19, 2022
Petro-Victory re-entered the SJ-11 well, removed the failed progressive cavity pump system and equipped the well for production using a pumpjack. In addition, two additional reservoirs were penetrated to provide potential oil production gains to the existing open and proven oil zone.
News
October 05, 2022
Brazilian state-owned oil and gas producer Petrobras awarded Sembcorp Marine Rigs & Floaters Pte, a wholly-owned subsidiary of Sembcorp Marine, a $3.05 billion contract for the P-82 FPSO vessel through an international tender.
News
September 29, 2022
Wood, the global consulting and engineering company, has been awarded two significant offshore contract extensions in Brazil. They include the provision of operations services for Trident Energy and maintenance solutions for Equinor.
News
September 21, 2022
Radix Engineering and Software closed a R$49 million (approx. $9.5 million) contract with Petrobras to develop and maintain scientific software focused on Well Engineering and Subsea Engineering.
News
September 15, 2022
TechnipFMC has been awarded a significant engineering, procurement, construction and installation contract by TotalEnergies for its Lapa North East field in the pre-salt Santos Basin offshore Brazil.
News
August 30, 2022
Pioneer Consulting has been contracted by the Zemax-Planova Consortium to provide expertise related to the various oil and gas aspects of the Petrobras Malha Óptica project in Brazil.
News
August 18, 2022
National Oil Company Petrobras is focusing on output growth from pre-salt, following a trend of Brazilian oil independents raising output at fields the NOC already divested, Petroleum Economist reported.
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