Peregrino Platform (Photo: Øyvind Hagen / Statoil)Statoil works out $40M Espirito Santo farm-in Statoil has acquired 25% interest in Espirito Santo license BM-ES-22A off Brazil, the company announced on 27 December 2012.Brazilian mining鈥
Some notable heavy oil projects offshore Brazil are entering advanced phases to increase or maintain production. Russell McCulley reports from Rio de Janeiro on the latest developments at three Campos Basin fields 鈥 Statoil鈥檚 Peregrino, Petrobras鈥欌
Statoil and its partner Sinochem have agreed to purchase the Peregrino FPSO from A.P. Moller-Maersk Group. The floating production, storage and offloading unit has been in use at the Statoil-operated Peregrino field in Brazil since production start-up in 2011鈥
Statoil may not have the biggest R&D budget, but company officials say the operator's technological track record on the Norwegian continental shelf will help it push recovery rates to new highs and create the first subsea factory, including seafloor separation鈥
Statoil鈥檚 two UKCS heavy oil developments 鈥 Mariner in block 9/11a and Bressay in blocks 3/27b, 3/28a, 3/28b, 9/2a and 3/a 鈥 are back on track having been halted by the operator in March following the UK Chancellor鈥檚 decision to increase the鈥
As the jacket for Statoil's Gudrun development went in last month, confirmation that there was communication between the Norwegian operator's high-impact Aldous Major South discovery and Lundin's Avaldsnes oil find was generating much excitement鈥
Reservoir isolation rethinkThe newly patented PowerBall from Aberdeen-based Red Spider turns traditional reservoir isolation barrier technology on its head by moving the mechanical parts of the ball mechanism below the closed ball area of the tool鈥
New view for crane operatorsClaxton's new EEx-rated crane boom rig camera helps rig crane operators monitor the area beneath the crane boom, where loads can often be moved into 'blind' areas not visible from the crane's cab.Claxton, an Acteon company鈥
