Brazil
News
April 12, 2023
The FPSO vessel has three power modules, each with two Wärtsilä 50DF dual-fuel engines. Under the new contract, Wärtsilä will continue to have an onboard crew operating the modules on a 24/7 basis.
News
April 06, 2023
The region is one of three countries ExxonMobil is attempting to capitalize on. While assets in Guyana and U.S. shale are looking positive, Exxon still hasn’t made an oil discovery in Brazil.
News
April 04, 2023
The FPSO’s design incorporates SBM Offshore’s Fast4Ward newbuild, multi-purpose hull. It will be the largest oil producing unit in Brazil with a processing capacity of 225,000 boe and 12 million m3 of gas per day.
News
March 24, 2023
“We will get market share,” Prates, Chief Executive Officer of Petrobras, said in an interview in Rio de Janeiro. “We may be the last to produce oil in the world.”
News
March 15, 2023
Karoon announced that the PAT-2 well, one of two new production wells drilled into the Patola field in the BM-S-40 production license in Brazil, came onstream on March 15 at a rate of 12,000 – 14,000 bopd.
News
March 14, 2023
Preliminary analysis of the logging-while-drilling and wireline log data available at Neon-2 has confirmed that, as at Neon-1, the Paleocene sandstone primary target zones are present and oil bearing at this location.
News
March 09, 2023
Petrobras’ CEO, Jean Paul Prates, took advantage of the presence of the leaders of the largest energy companies on the planet at CERAWeek by S&P Global to promote the importance of joint actions by the industry both in renewable energy projects and in initiatives for better use of oil and gas reserves.
Article
February 2023
Optimism prevails as investments and improvements point to production growth.
News
February 24, 2023
The agreement extends an existing contract for Seven Cruzeiro from February until November 2023.
News
February 16, 2023
Neon-1 was drilled into the down-dip southern flank of the Neon discovery, to better constrain lithologies and reservoir quality and reduce the range of uncertainty on the oil-water contact. The goal was to better understand the range of potentially recoverable volumes in Neon and assist in delineating pathways of potential future production wells.
News
February 15, 2023
The data acquired with the Permanent Seismic Monitoring System will make it possible to deepen the knowledge about the distribution of fluids in the reservoir and provide greater efficiency in the production of oil from the Mero field.
News
January 25, 2023
TechnipFMC will provide life-of-field subsea services to support its installed base offshore Brazil. The contract covers equipment and tooling installation, intervention, and maintenance.
News
January 20, 2023
The delay is costing Petrobras a fortune of about $1 million a day for the rig, three helicopters, support boats and workers, according to calculations by consultancy Wood Mackenzie Ltd.
News
January 20, 2023
TotalEnergies awarded the first contract- the LAPA Southwest (LAPA SW) development project- to Saipem and partner Aker Solutions do Brasil. Equinor also awarded a contract to Saipem for the Irpa pipeline project.
News
January 18, 2023
“FSO Pargo”, a double-hull vessel built in 2004 that has a 750,000 bbls storage capacity, is expected to be on location in March, moored in April and operational in August 2023, following final licensing approval.
News
January 18, 2023
The frame agreement entails the provision of pipes Alleima produces with CRA materials and finished with TenarisHydril Blue® premium connections and Dopeless® technology.
News
January 16, 2023
At production start-up, expected in 2025, Lapa South-West will increase production from the Lapa field by 25,000 barrels of oil per day, bringing the overall production to 60,000 barrels of oil per day.
News
January 13, 2023
The agreements provide for the offshore transportation of passengers and small loads to Campos and Vitória basin - the main sedimentary area already explored off the Brazilian coast – for the next 4-5 years.
News
January 09, 2023
The reimaging project will merge over 7700 km2 of existing public 3D seismic data in the Foz do Amazonas basin.
News
January 04, 2023
This survey, covering 11,425 km2 , will broaden the region's 3D coverage and deliver additional high-quality data essential for the exploration efforts in the Foz do Amazonas basin.
News
January 02, 2023
Petrobras slumped as much as 6.9% in Sao Paulo, the main drag on the benchmark Ibovespa index, which fell 3.1% as of 11:47 a.m.
