May 15th, 20190McDermott International has been awarded a contract by Petrobras for engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field off Brazil. The scope includes engineering, surveys, supply, installation and pre-commissioning of rigid pipelines, jumpers, buoyance...
April 24th, 20190Dutch offshore accommodation vessel specialist OOS International and Chinese yard CIMC Raffles have been awarded a contract by Petrobras for 2018-built accommodation vessel . The contract will commence in the second half of 2019 and is for a period of five years. OOS Tiradentes is already in Brazil working for Petrobras and the...
April 22nd, 20190Houston-headquartered Atlantica Tender Drilling has had an option exercised by Petrobras for 2013-built tender drilling rig . Petrobras has extended the rig by 180 days, bring the current contract from September 2019 through to March 2020. Founded in 2007, Atlantica has two semi-tender units in its fleet. Last month, it signed a...
March 12th, 20190Offshore driller Transocean has been awarded contracts by Brazil’s Petrobras for two drillships picked up in the acquisition of Ocean Rig. The Ocean Rig Corcovado has been awarded a 629-day contract worth around $123m, with a 680-day option, whole Ocean Rig Mykonos has been awarded a 550-day contract worth around $118m, with an...
March 11th, 20190BW Offshore has sealed a deal with Petrobras to acquire a 70% stake in the Maromba field, offshore Brazil, for $90m. The Oslo-headquartered company, part of Singapore’s BW Group, had announced last week its intentions to acquire the field, both the 70% stake owned by Petrobras along with a 30% stake from Chevron. The acquisition of...
November 2nd, 20180McDermott International has been award by Petrobras for a natural gas pipeline project at the Santos basin pre-salt field program. The contract is for the implementation of the ultra-shallow segment of the new Rota 3 gas export pipeline, and includes design and detailed engineering, procurement, construction and installation of 10 km...
September 28th, 20180Brazilian energy major Petrobras has agreed to pay a combined total of $853.2m in penalties to resolve the US government’s investigation into violations of the Foreign Corrupt Practices Act (FCPA) in connection with Petrobras’s role in facilitating payments to politicians and political parties in Brazil, as well as a related...
August 27th, 20180PACC Offshore Services Holdings (POSH) has been awarded a contract by Brazil’s Petrobras for semi-submersible accommodation vessel . The 750-person accomodation vessel will be supporting production activities in the Campos Basin for a firm period of eight months, with an option for a further eight months. The contract will commence...
August 17th, 20180Petrobras and Ensco have agreed to a settlement of all claims relating to the drilling services agreement. While the terms of the agreement are confidential, no payments will be made by either party in connection with this settlement. The parties also agreed to normalise business relations. As a result, the agreement provides for...
July 3rd, 20180Offshore driller Vantage Drilling has been successful in its arbitration with Brazil's Petrobras with an international arbitration tribunal awarding in its favour. The tribunal found that Petrobras breached an agreement for the provision of drilling services for drillship and awarded Vantage Drilling damages in the amount of...
