Brazil’s deepwater offers huge opportunities, but also big technology challenges. The Industry Technology Facilitator’s Paddy O’Brien and Arthur Braqa explain. Images from ITF. Offshore…
The safe installation of the first tension-leg wellhead platform offshore Brazil could pave the way for future similar developments, says DNV GL’s Mike Roberts and David Ryan. Chevron’s Papa Terra facility offshore Brazil…
Brazil will need to drill around 300 development wells in deepwater in order to sustain and reach its production target. Douglas Westwood’s Mark Adeosun takes a look at what is at stake. The Cidade…
Shreeram Lom, Aaron Rampersad, and Juan Martínez, of Repsol, discuss the Perla field development, which came online offshore Venezuela in July. Fig. 1: Topside. Images from Repsol. The Perla field…
Today, deepwater reserves are a key part of the world’s oil and natural gas needs, accounting for roughly 11% of global production. Over the past five years, two-thirds of discoveries occurred in deepwater, and Brazil has been the preeminent site of this trend…
Brazil’s Petróleo Brasileiro (Petrobras) discovered high-quality light oil potential at the third well in the Carcará pre-salt discovery area offshore São Paulo. Carcará map. From Petrobras. The third well…
SBM Offshore's main Brazilian subsidiary has received written notification from Petrobras of its ability to participate in the recently issued Libra and Sépia FPSO tenders in Brazil. This follows a thorough review of the group’s compliance standards by Petrobras…
Global rig provider Transocean is the latest to be named in the Petroleo Brasileiro SA (Petrobras) corruption scandal Lava Jato, after a Petrobras former executive testified to receiving payments from a Transocean representative. The Sedco Express…
Trinidad and Tobago-focused Trinity is undergoing a multi million dollar cost reduction program that will include a management shakeup. Image from Trinity. According to Trinity…
Falklands focused Argos Resources has completed a farmout agreement with Noble Energy Falklands and Edison International over license PL001 in the North Falklands Basin. The agreement will allow exploration drilling on the license, which…
Wood Group has been chosen by Statoil to provide four-year operations and maintenance at the Peregrino field offshore Brazil. The contract covers two wellhead platforms (Alpha and Bravo) and modification services for both units and the Peregrino FPSO…
A hike in Petróleo Brasileiro’s (Petrobras) average production in oil and natural gas, in addition to pre-salt for the month of August set historic records for the Brazilian giant. Oil. Image from Petrobras…
Karoon Gas Australia is revising its previous estimates of the Kangaroo field in the Santos basin offshore Brazil that decreases its 2C resources by nearly 39%. The Australian company is also estimating its Echidna’s light oil gross contingent 2C resource volume to be of 75 MMbbl…
Fugro has formed a strategic alliance with Coremar, a Colombian turnkey port, marine services, and logistics provider. The objective is to provide life-of-field solutions to the oil and gas industry in Colombia and the Caribbean, particularly in the delivery of geophysical…
Karoon Gas Australia has announced that the company has received written notification from the Brazilian oil and gas regulator, the Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP), advising that the revised appraisal plan (PAD) for Karoon’s 65% owned Santos basin blocks…
Subscribe
