State-run oil firm Petrobras has begun studies for the implementation of a new oil platform in Brazil's Buzios field, three sources with knowledge of the matter told Reuters.Each Buzios platform has an average cost of $3.5 billion, said a source…
Oilfield services company TechnipFMC has been awarded two multi-million-dollar subsea contracts by Petrobras for the pre-salt fields offshore Brazil.The first contract, deemed substantial by TechnipFMC, is to design, engineer, and manufacture riser flexible pipe…
EIG-owned Ocyan has signed a contract worth around 750 million reais ($134.61 million) to provide maintenance and maritime services to Brazil's state-run oil firm Petrobras, Ocyan's chief executive Jorge Luiz Mitidieri told Reuters.The deal will last at least four years…
Petrobras has awarded contracts to Techdof, a joint venture between DOF Subsea and TechnipFMC, for two of its pipelay support vessel (PLSVs).Petrobras extended the existing contract for PLSV Skandi Açu to mid-2026. This extension will be followed by the new three-year contract ending mid-2029…
Brazil's state-run oil company Petrobras has obtained environmental licenses to expand production in two offshore fields, and could have one vessel start production earlier than expected in one field, three people with knowledge of the matter told Reuters…
Offshore services firm Subsea 7 has been awarded a ‘super major’ contract by Petrobras for the development of the Búzios 9 field offshore Brazil.The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning…
A strike by environmental workers in Brazil is already impacting Petrobras' operations in three offshore oil fields, the state-run firm told Reuters on Wednesday.There have been delays in developing production in the Mero, Buzios and Marlin fields…
Oilfield services and technology company SLB has been awarded three contracts by Petrobras for completion hardware and services for up to 35 subsea wells in the development of Buzios Wave II offshore oil field.The scope of the contract includes…
Petrobras, in a consortium with CNOOC, CNODC, and PPSA, has marked a new milestone with the Búzios field, which has reached 1 billion barrels of oil (bbl) produced since the start of operations in 2018.The milestone was reached on March 31,…
As is tradition, the first week of January is generally quiet in the offshore market. However, Esgian reports that there were still some noteworthy updates related to new contracts, drilling activities, and rig moves.ContractsAfter a bidding…
Esgian's last roundup of the year for the Week 52 puts spotlight on new developments for Dolphin Drilling semisub, Seadrill drillships, as well as Shell’s plans for Australia and ONGC’s new tender for jackups in India.ContractsDolphin Drilling…
Chinese state-owned oil and gas giant CNOOC has signed a strategic cooperation agreement with Brazilian state oil firm Petrobras, Chinese government-backed media outlet The Paper reported on Tuesday, citing CNOOC.The agreement stated that the…
French steel pipemaker Vallourec said Monday it had won two major orders to supply line pipes for phases 6 and 8 of the Buzios oil field development operated by Petrobras. These orders are in addition to the contract previously won for phase 7…
Brazilian state-run oil company Petrobras said on Wednesday its second-quarter crude oil production fell 0.6% compared to the same period last year. The firm pumped 2.10 million barrels per day (bpd) between April and June, it said in a securities filing…
Skandi Buzios, a pipelay support vessel owned by TechnipFMC and DOF, caught fire Friday morning in a Brazilian port.The Brazilian media and some social media accounts on Friday showed images and videos of the burning vessel with thick smoke…
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