Premier and Rockhopper Exploration plc have signed a heads of agreement with Falkland Oil and Gas Limited (FOGL) to farm-in to licences PL004a and PL004c, conditional on the completion of this morning’s announced combination of FOGL and Desire Petroleum plc…
Shell announced that production has begun from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil’s southeast coast. The BC-10 project is comprised of several subsea fields which are tied back to the Espírito Santo FPSO vessel…
Cameron was awarded the contract to supply SBM Offshore with gas processing packages for floating production, storage & offloading (FPSO) vessels to be used at the Lula field, located in Brazil’s offshore pre-salt area. The FPSOs, Cidade de Maricá and Cidade de Saquarema…
Petrobras awarded Prysmian Group a contract worth approximately US$260 million for umbilicals. The award is related to a previous frame agreement covering 360km of umbilicals, most of it to be used in pre-salt fields. The contract comes…
Drilling has begun on Houston-based BPZ Energy's A-18D development well at the Albacora field platform, located off Peru in Block Z-1. Drilling and completion is expected to take up to 12 weeks. Targeted depth of the well will be approximately 12…
IHC Merwede has successfully named and launched the pipelaying vessel SAPURA DIAMANTE in a ceremony at the company's shipyard in Krimpen aan den IJssel, The Netherlands. The naming of the innovative offshore vessel was carried out by Mrs Christina Lucia Duarte Pinho…
Rio de Janeiro-based AMEC Kromav, specialist company for shipbuilding and offshore activities, is urging the Russian industry to take full advantage of Brazil’s multi-billion dollar offshore industry opportunities. In a comprehensive presentation at NEVA in St Petersburg…
Lifting, drilling and subsea solutions firm Huisman has received its first order for a new production facility in Brazil. Huisman is to provide three sets of five cranes, manufacturing of which will start in 2014, when construction of the Brazilian production facility is completed…
Falkland Oil and Gas (FOGL) has said it is moving closer to securing a rig for a 2014 drilling campaign in the remote Falklands region. The firm, focused on areas to the south and east of the Falkland Islands, said a rig enquiry had been issued and available units identified…
Petrobras President Maria das Graças Silva Foster announced at public hearing in the Brazilian Senate that the company plans to invest R$4 billion in 2013 and R$21.2 billion between 2013-2017 in information technology and telecommunications…
The board of directors for Petrobras has approved the sale of 100% of the shares issued by Bogota-based Petrobras Colombia Ltd. (PEC) to Perenco for US$380 million, the company announced on 13 Sept 2013. Petrobras Colombia is selling…
Desire Petroleum has said a farm out process on its Falklands acreage has been held back by uncertainty over the timing and scope of the development of the Sea Lion oil field. A lack of a firm date for the mobilisation of a rig to the…
Shell has awarded FMC Technologies, Inc. a contract to supply subsea systems for the Parque das Conchas Phase 3 development offshore Brazil. FMC Technologies' scope of supply includes seven subsea trees, two manifolds and associated subsea control systems…
Venezuela and Trinidad and Tobago announced Wednesday that the former’s state-held oil company Petróleos de Venezuela, S.A. (PDVSA) will develop an offshore natural gas field in partnership with Chevron. This agreement marks the end of a…
Seatronics do Brazil, an Acteon company, has been appointed as the exclusive distributor for CodaOctopus Ltd in Brazil, a decision that will widen the portfolio of specialist subsea marine equipment that it can now offer to the Brazilian market…