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Petrobras Adds Managed Hosting Services from Emerson to Boost Efficiency

Petrobras Adds Managed Hosting Services from Emerson to Boost Efficiency

October 31, 2019 No Comments

 Emerson (NYSE: EMR) announced today it has signed a multi-year, multi-million dollar agreement with Petróleo Brasileiro S.A. (Petrobras), the Brazilian integrated energy company, for managed hosting services to support Petrobras’ deepwater operations. These services streamline deployment of Emerson’s leading exploration and development software by providing high-performance, remote desktop data management capabilities for both office and […]

TechnipFMC Awarded EPCI Contract in Brazil

TechnipFMC Awarded EPCI Contract in Brazil

February 6, 2019 No Comments

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, Total, CNOOC Limited, CNPC and Pré-Sal Petróleo (PPSA), a large engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field, located in the Santos Basin, at 2,100 meters of water depth offshore […]

Transocean Announces Pricing of U.S. $550m of Secured Notes Due 2027

Transocean Announces Pricing of U.S. $550m of Secured Notes Due 2027

January 24, 2019 No Comments

Transocean Ltd. (NYSE: RIG) announced that Transocean Poseidon Limited (“Transocean Poseidon”), a wholly owned indirect subsidiary of Transocean, has priced an offering of U.S. $550 million in aggregate principal amount of senior secured notes due 2027 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be guaranteed by Transocean Ltd., Transocean […]

Shell grows Bonga oil production

Shell grows Bonga oil production

December 18, 2018 No Comments

Crude oil production from the deepwater asset of the Shell Nigeria Exploration and Production Company (SNEPCo), Bonga field, has reached over 800 million barrels. Shell’s Media Relations Manager, Bamidele Odugbesan, in a statement, said the feat was achieved in 13 years of production from the field. He added it confirms the oil giant as a […]

BHGE Launches Subsea Connect

BHGE Launches Subsea Connect

December 3, 2018 No Comments

Baker Hughes, a GE company (NYSE: BHGE) announces the launch of its new approach to subsea development: Subsea Connect, including its Aptara™ TOTEX-lite subsea system, a suite of new lightweight, modular technologies designed for the full life of field. By combining planning and risk management, new modular deepwater technology, innovative partnerships and digital tools into […]

Africa Oil, Delonex and Vitol Announce Acquisition of Producing Assets in Deepwater Nigeria

Africa Oil, Delonex and Vitol Announce Acquisition of Producing Assets in Deepwater Nigeria

November 1, 2018 No Comments

A consortium led by Vitol and comprising Africa Oil Corp (“Africa Oil”) (25%), Delonex Energy Ltd. (“Delonex”) (25%) and Vitol Investment Partnership II Ltd. (“Vitol”) (50%), (collectively, the “Consortium”), announced that it has entered into a Share Purchase Agreement (“SPA”) to acquire a 50% ownership interest in Petrobras Oil and Gas B.V. for $1.407 billion. […]

Offshore Helicopters – Helitech 2018 and Beyond

Offshore Helicopters – Helitech 2018 and Beyond

October 31, 2018 No Comments

The latest data from Westwood, presented for the first time at the Helitech 2018 show, provides some reason for cheer, with offshore project sanctioning up in 2018 versus 2017 and (for the first time since the downturn) an expectation of growth in the offshore helicopter market, with spend totalling some $17bn on helicopter operations over […]

Malaysia mega-refinery project receives first crude oil cargo

Malaysia mega-refinery project receives first crude oil cargo

September 26, 2018 No Comments

Pengerang Refining and Petrochemical (PRefChem) on Monday achieved a significant milestone in the construction of its refinery at the Pengerang Integrated Complex (PIC) with the arrival of the first crude oil cargo at Pengerang Deepwater Terminal 2 (PDT2), marking its transition into commissioning phase for startup. With a refining capacity of 300,000 barrels of crude […]

Sale of Concessions in the Deepwater Sergipe Basin

Sale of Concessions in the Deepwater Sergipe Basin

July 26, 2018 No Comments

Petróleo Brasileiro S.A. – Petrobras, further to the material fact of 05/23/2018 , informs the beginning of the binding phase related to the partial sale, without transfer of operatorship, of its exploration, development and production rights in four concessions, BM-SEAL-4, BM-SEAL-4A, BM-SEAL-10 e BM-SEAL-11, located in the Deepwater Sergipe-Alagoas Basin. At this stage of the […]

Eni awarded Exploration Block in the Kutei Basin Indonesia

Eni awarded Exploration Block in the Kutei Basin Indonesia

May 2, 2018 No Comments

Eni has been awarded 100% participating interest in the East Ganal deepwater exploration block in the Kutei Basin, in Indonesia. East Ganal is a new “gross split” PSC (Production Sharing Contract) covering an area of about 5,100 square kilometers and adjoins the Eni operated Muara Bakau and East Sepinggan PSCs, in the Makassar Strait offshore […]

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