The days may be numbered for resource nationalism, Robert Johnson told the Houston World Affairs Council at the Mayer Brown offices late October. ‘Not every country is equally capable of exercising a campaign of resource nationalism,’ said Johnson…
When setting out to reshape itself from a jack-of-all-trades drilling contractor to one with a deepwater future, Pride International realized it had to do more than simply change up its fleet. With deepwater assets tending to feature longer contract cycles than shallow and mid-water rigs…
Drilling at the Peró and Ingá prospects in block BM-C-40 and the Santa Helena prospect in BM-C-31 has turned up hits for Brazilian relative newcomer OGX. The operator has been focusing on shallow water opportunities (OE April) and has exploratory…
Shell's solution for dealing with the heavy oil at the low-energy BC-10 concession offshore Brazil – caisson separator electrical submersible pumps - is working ‘outstandingly' well according to the field's project manager. Jennifer Pallanich…
The pre-salt Tupi field may claim most of the interest when it comes to oil activity offshore Brazil, but plenty is going on along the large country's coastline. In the last two months, Petrobras has brought online two fields, updated its files…
Newly merged contractors Royal Boskalis Westminster and Smit Internationale got a foretaste of the operational synergies expected to stem from this move when their activities coincided earlier this year in the Strait of Magellan at the remote southernmost tip of Argentina…
The thickest 18in UOE pipe manufactured to date was required for Petrobras' Tupi field. Corus' Simon Slater, Richard Freeman, Martin Connelly and Shuwen Wen describe the manufacturing steps taken to meet the technical linepipe requirements of the project…
Brazilian operator Petrobras expects to initiate production from a new reservoir to existing facilities in Modules 1 and 2 of its deepwater Marlim Sul field this summer and bring a third module onstream via the P-56 semi early next year. Asset…
Since Petrobras and its partners reported finding the large Tupi field in 2006, excitement has reigned over Brazil's pre-salt reserves. Opportunities exist, even in a changing regulatory environment: the Brazilian congress is poised to consider…
While operating in Brazil’s pre-salt region does require an array of technologies, Petrobras CEO Jose Gabrielli told a Houston lunch that a bigger challenge lies in meeting logistical demands for operating in deep waters offshore. During the Brazil-Texas Chamber of Commerce event in March…
When the P-61 tension leg wellhead platform (TLWP) begins operations at Petrobras' Papa Terra offshore Brazil in 2013, it will be the new kid on the block in more ways than one. Not only will the deepwater unit be the first TLWP facility off Brazil…
In 2007, OGX was but a dream of Brazilian entrepreneur Eike Batista. In the course of three short years, the company secured financing for leases, bid on and won shallow water blocks, secured drilling rigs, hired about 150 staff, tallied six…
With well costs escalating to consume up to half of a project’s funding, operators are seeking ways to trim costs. During IADC’s Deepwater Drilling conference in Rio de Janeiro in March, operators discussed some of their strategies to trim costs…
With the offshore umbilicals market emerging from its recent slumbers and power cable demand from both the oil & gas and wind energy sectors picking up strongly, further expansion of Nexans’ Halden facility in Norway could well follow the current…
There are few starker signs of the decline of the principles over which decades of Cold War were fought such as US/ Western style free enterprise, free economy and democratic institutions than the demagogic populism that has engulfed and infected many countries in South America…