Hugo Chávez is a 50-years behind times anachronistic male version of Eva Peron. But he has been elected by the Venezuelan people and he must be reckoned with not just because it is the democratic thing to do but because Venezuela is crucial to America's energy security…
Planning and information are key to the successful realization of Petrobras’ ambitious plans to hoist pre-salt production levels from the current 100,000b/d to 1.08 million b/d inside ten years. Jennifer Pallanich listened in as José Formigli…
With wellbores drilled in ever deeper waters penetrating further into the earth and clients demanding improved performance from all parts of the drilling process, VAM Drilling has focused on two aspects of the drillstem it believes deliver on the reliability front…
Ahead of the September launch of its second offshore licensing round, Uruguayan national oil company Ancap opened up a Houston data room in February in hopes of whetting IOC appetites. Jennifer Pallanich paid it an early visit.Uruguay Round II has fair bidding terms according to Santiago Ferro…
The Marin Subsea asset recovery team was recently called in to recover a blowout preventer and lower marine riser package from 488m of water in Brazil. Within 20 minutes of the initial phone call, the Marin team had made a preliminary assessment…
The Oil Council's recent World Energy Capital assembly in London shone a light on the new generation of smaller companies from disparate backgrounds now beginning to make their presence felt on the international exploration and production stage…
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…
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