Monday, July 9, 2012

Petrobras Takes Delivery of Third Tanker Under 49-Ship Newbuild Program

RIO DE JANEIRO–Brazilian state oil and gas producer Petroleo Brasileiro S/A (PBR. PETR4.BR), or Petrobras, took delivery Monday of a third oil tanker under its current 10.8 billion-Brazilian-reais ($5.32 billion)...

July 9, 2012
Total Views: 0

Thursday, May 17, 2012
Offshore News

Brazilian Navy Investigates Oil Slick Near Petrobas Platform

RIO DE JANEIRO (Dow Jones)–The Brazilian Navy confirmed Thursday that an oil slick has been spotted off the coast of Espirito Santo state, with a team still on site trying...

May 17, 2012
Total Views: 0

Wednesday, May 16, 2012
Offshore News

ABB to Supply Electric Propulsion and Power Systems for New Deepwater PLV’s

ABB said today that it has been chosen to supply Daewoo Shipbuilding and Marine Engineering with energy efficient propulsion and electrical power systems for two new Wärtsila designed deep sea...

May 16, 2012
Total Views: 1

Monday, May 14, 2012
Offshore News

ULSTEIN Delivers in Brazil

The ULSTEIN designed platform supply vessel ‘CBO Pacifico’ left the Estaleiro Alianca yard on May, 10 2012 and went straight into contract for Petrobras. The vessel is the second of...

May 14, 2012
Total Views: 0

Thursday, March 22, 2012
Offshore News

Vantage Drilling…And We Shall Call it “Dragonquest”

So what else would you call a badass drilling rig but Dragonquest?  That was the first thing that came to my mind. Houston-headquarted Vantage Drilling Company announced today that it...

March 22, 2012
Total Views: 15

Wednesday, March 14, 2012
Offshore News

Key to Brazil’s Pre-Salt Offshore Oil Fields…$1.1 Billion in Research and Development

RIO DE JANEIRO (Dow Jones)–Brazil’s offshore oil industry could tap $1.1 billion in funding for research and development in 2012 to meet the challenges of developing ultra-deepwater oil fields and...

March 14, 2012
Total Views: 1

Wednesday, February 1, 2012
Offshore News

Petrobras Finishing Oil Containment Work in Santos Basin

Petrobras announces that, since yesterday, it has adopted all contingency procedures in response to the rupture that took place in the vertical production testing column (connecting the platform to the...

February 1, 2012
Total Views: 0

Thursday, December 22, 2011
Engineering News

Christmas Comes Early for Keppel

Keppel Corporation’s offshore and marine division announced today that it has secured a contract for the design and construction of a semisubmersible rig based on Keppel’s proprietary DSSTM 38E design. ...

December 22, 2011
Total Views: 1

Engineering News

Wärtsilä Lands Design Contract for State-of-the-Art PLV’s for Brazil Market

Wärtsilä announced today that it has won a key contract in Brazil to supply the design and propulsion and positioning systems for a series of two new flexible pipe laying...

December 22, 2011
Total Views: 0

Thursday, December 8, 2011
Press Releases

Subsea 7 Lands $200 Million Petrobas Contract

Subsea 7 S.A. (Oslo Børs: SUBC) announced today the award of a SURF contract valued at approximately $200 million from Petróleo Brasileiro S/A (“Petrobras”) on Campos Basin, 80km from the...

December 8, 2011
Total Views: 0

Monday, December 5, 2011
Exxon Mobile's Berkut drilling platform
Offshore News

Global Oil and Gas Spending to Hit Record Highs in 2012 [BARCLAYS REPORT]

HOUSTON (Dow Jones)–Oil and gas companies are expected to spend at record levels in exploration and production projects worldwide in 2012, with investment reaching $598 billion, a 10% jump from...

December 5, 2011
Total Views: 0

Friday, November 18, 2011
Offshore News

Technip, Odebrecht Joint Venture Lands $1B Petrobas Contract

PARIS (Dow Jones)–French oil service company Technip SA (TEC.FR) and a unit of Brazil’s conglomerate Norberto Odebrecht won a contract to supply two pipeline installation ships to state-controlled Petroleo Brasileiro...

November 18, 2011
Total Views: 5

Thursday, September 22, 2011
Offshore News

Brazil In The Cross Hairs – Latest Finds Boost Brazil’s Emergence As Global Oil Player

RIO DE JANEIRO (Dow Jones)–Brazil’s emergence as a hot frontier for oil and natural gas was boosted Wednesday by two fresh discoveries, with exploration and development of the country’s newfound...

September 22, 2011
Total Views: 4

Thursday, March 3, 2011
Maritime News

Petrobas announces program to strengthen Brazilian shipping industry

Petrobras yesterday announced the balance of the Brazilian Shipping Companies Program (EBN), part of a set of initiatives designed to reduce dependence on the foreign ocean freight market. The program...

March 3, 2011
Total Views: 0

Wednesday, February 16, 2011

Petrobas scores again in Santos Basin

Petrobras today announced the discovery of a new accumulation of good quality oil (26º API) in the Santos Basin pre-salt reservoirs. The discovery resulted from drilling well 4-BRSA-818 (4-RJS-668), named...

February 16, 2011
Total Views: 6

Friday, February 11, 2011

Petrobras approves order for 7 deepwater rigs for $4.64B

Petrobras’ board of directors approved the bidding process for the construction, in Brazil, of the first seven of a total of 28 offshore drilling rigs intended to meet its long-term...

February 11, 2011
Total Views: 2

Tuesday, January 25, 2011

PFC Energy 50 Ranking of World’s Top Energy Companies: ExxonMobil Regains Top Position From PetroChina; Petrobras Climbs to #3

WASHINGTON, DC–(Marketwire) – ExxonMobil, with a market capitalization of $368.7 billion, regained the top position it has held almost every year on the PFC Energy 50 list. Last year’s leader...

January 25, 2011
Total Views: 10

Tuesday, January 18, 2011

Noble Corporation Announces Letter of Intent for New Five and a Half Year Contract and Provides Update on Brazil Operations

ZUG, Switzerland, Jan. 17, 2011 /PRNewswire via COMTEX/ — Noble Corporation (NYSE: NE) has announced that a subsidiary has signed a Letter of Intent (“LOI”) with a subsidiary of Royal...

January 18, 2011
Total Views: 1