Petrobras President Maria das Graças Silva Foster announced at public hearing in the Brazilian Senate that the company plans to invest R$4 billion in 2013 and R$21.2 billion between 2013-2017 in information technology and telecommunications鈥
The board of directors for Petrobras has approved the sale of 100% of the shares issued by Bogota-based Petrobras Colombia Ltd. (PEC) to Perenco for US$380 million, the company announced on 13 Sept 2013. Petrobras Colombia is selling鈥
Desire Petroleum has said a farm out process on its Falklands acreage has been held back by uncertainty over the timing and scope of the development of the Sea Lion oil field. A lack of a firm date for the mobilisation of a rig to the鈥
Shell has awarded FMC Technologies, Inc. a contract to supply subsea systems for the Parque das Conchas Phase 3 development offshore Brazil. FMC Technologies' scope of supply includes seven subsea trees, two manifolds and associated subsea control systems鈥
Venezuela and Trinidad and Tobago announced Wednesday that the former鈥檚 state-held oil company Petróleos de Venezuela, S.A. (PDVSA) will develop an offshore natural gas field in partnership with Chevron. This agreement marks the end of a鈥
Seatronics do Brazil, an Acteon company, has been appointed as the exclusive distributor for CodaOctopus Ltd in Brazil, a decision that will widen the portfolio of specialist subsea marine equipment that it can now offer to the Brazilian market鈥
Seatronics Ltd., an Acteon company, and Zetechtics Ltd. have signed a global representative agreement for the Jupiter range of subsea ROV intervention control systems and associated products. The agreement includes the provision of rental鈥
Technip signed a four-year frame agreement with Petrobras for projects modifications services for the Rio de Janeiro Operations Unit, including existing offshore platforms located in the Campos Basin area, Brazil. The services comprise basic and detailed design鈥
Representatives from Brazil鈥檚 government and oil and gas industry advocated strongly for British investment at UKTI鈥檚 panel discussion on Brazil Tuesday morning. 鈥淪everal companies are going to Brazil, and now is the time to go,鈥 said Carlos Camerini鈥
This decade is a unique opportunity for European contractors and suppliers to really go for it in terms of looking to win a larger global share of the supply market, Malcolm Brinded said yesterday. Brinded, of the Shell Foundation, was chairing鈥
Technip has signed a four-year frame agreement with Petrobras for projects modifications services for the Rio de Janeiro Operations Unit (UO-RIO)*, including existing offshore platforms located in the Campos Basin area, Brazil. The services comprise basic and detailed design鈥
The foundations of the global energy system are shifting and the lives of energy policy makers are not getting any easier. If they didn鈥檛 have enough to worry about with securing affordable, sustainable supplies of energy to meet national needs鈥
Alaska states Arctic needs Alaska鈥檚 Lt. Governor Mead Treadwell stated the case for the state鈥檚 needs at the Ice-Diminished Arctic Conference in Washington, D.C. He emphasized the need for safety, security, and economic development in the region鈥
ENI and Venezuela鈥檚 state oil company has agreed to create a new joint venture to exploit the Perla field condensate reserves, estimated at 170MM bbls. PDVSA will hold 60% in the new venture, with ENI holding the remaining 40%. ENI is co-operator of Cardón IV鈥
Wärtsilä has been contracted to supply propulsion solutions for six new offshore pipe laying vessels being built by IHC Merwede. Three of the ships are to be built for Subsea 7. The other three vessels have been ordered by Seabras Sapura鈥
