August 19th, 20190BW Offshore has announced that The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has granted the company's status as an operator in Brazil and approved its deal with Chevron and Petrobras to acquire the Maromba field. The deal was first announced in March, and the government approvals satisfy the main...
August 14th, 20191Norwegian OSV giant Solstad Offshore has been awarded a contract by Total E&P do Brasil for the charter of a platform supply vessel for a period of 13 months. The vessel will support Total’s activities in the Napa Field, and Total has two six-month options to extend the contract. Solstad will use AHTS for the contract until a...
August 14th, 20190The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected by 2020, driven to a great degree by Brazil, a new report from Oslo-based Rystad Energy claims. South America has 12 sanctioned FPSO projects planned by the end of next year,...
August 8th, 20190James Fisher and Sons has acquired a 60% stake in Continental Participação E Administração, the holding company of Brazilian subsea specialist Serviços Marítimos Continental. Continental is an air diving service provider to the offshore sector in Brazil, providing inspection, repair and maintenance services. James Fisher is...
August 1st, 20190The number of capesize vessels currently in Brazil or estimated to arrive in Brazilian waters over the next 30 days is now around 125, up almost 100% in one month, according to research from Cleaves Securities. When Brazilian miner Vale’s iron ore exports started to normalise a month ago, the tonnage list was too thin in the...
August 1st, 20190Houston-based Halliburton Company has been awarded an integrated services contract by Petrobras for pre-salt development in the Santos Basin. The contract is for two and a half years and includes drilling and completion services. Anouar Fraija, vice president of Halliburton Brazil, commented: “We are pleased to win this work and...
July 30th, 20190Brazilian state-run energy firm Petrobras has entered into a two-year contract to charter a drilling rig from Ocyan, formerly known as Odebrecht, Reuters has reported. The contract is the first deal between the two companies since a corruption scandal erupted five years ago. Odebrecht was one of the firms that was caught in Operation...
July 4th, 20191Brazilian authorities have executed a search warrant at Sembcorp Marine's Estaleiro Jurong Aracruz (EJA) in Brazil as part of Operation Car Wash investigations. Sembcorp Marine says it understands the search to be part of investigations against former EJA consultant Guilherme Esteves de Jesus, and has co-operated fully with Brazilian...
July 1st, 20190Offshore accommodation specialist Prosafe has been awarded a contract for by Equinor Brasil Energia for gangway connected operations supporting maintenance and safety services at the Peregrino FPSO in the Campos Basin, offshore Brazil. The contract is scheduled to commence mid-January 2020, and is for a periods of 120 days with...
June 24th, 20190US drilling service provider Vantage Drilling has announced Petrobras has paid the company $700.9m in total to satisfy an arbitration award between them. Vantage Drilling filed the arbitration claim against Petrobras after the latter terminated the service agreement for the drillship Titanium Explorer in 2015, and the arbitration...
