Maintaining a steady level of exploration activity, OGX has marked a number of successes.The Itacoatiara well, or OGX-79, found a hydrocarbon column of about 150m with 64m of net pay in the Albian section in the Campos Basin. The block BM-C-39 well鈥
Over the last 18 months or so, Petrobras has a string of reported discoveries to its credit. Company CEO Maria das Graças Silva Foster said the 2011 discoveries alone added 1.24 billion barrels of equivalent oil to Petrobras鈥 numbers, with 1 billion of that coming from the pre-salt area鈥
Brazil鈥檚 oil & gas potential continues to grab the industry headlines, with Petrobras confirming more than a score of offshore discoveries, most of them deepwater, in the last 18 months alone. Newcomer OGX confirmed a number of discoveries too鈥
Brazilian independent OGX kicked off 2012 with production at its offshore Waimea development. First oil came in January via an extended well test (EWT) to the FPSO OSX-1 just over two years after the field was discovered with OGX-3 in December 2009鈥
Customized bits enabled Petrobras to successfully drill hard carbonates of pre-salt reservoirs and hard and interbedded post-salt formations of two different offshore wells, while at the same time lowering vibrations, increasing rates of penetration鈥
The worldwide mobile offshore drilling fleet has seen modest but steady increases in utilization since the beginning of the year. Currently, worldwide utilization stands at 78% whereas at the start of the year it was hovering around 73%.Recently鈥
Former Petrobras director Paulo Roberto Costa heads up the newly established oil & gas division of Brasilinvest Group, currently managing a $6 billion portfolio of projects. The group was recently named as a special advisor and investment banker to Paraguay鈥檚 Dahava Petroleos.
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
Oil & gas companies will spend roughly $135 billion on subsea hardware between 2012 and 2016, an increase of 14% over the preceding five-year period, according to a new report from Douglas-Westwood.Spending took a hit in 2010 and 2011 as the鈥
Aker Solutions is investing $100 million in a new multi-purpose service site in Macaé for its drilling equipment business in Brazil. The 335,000m2 development 鈥 eight times bigger than the company鈥檚 current facility in nearby Rio das Ostras鈥
Swire Oilfield Services has officially opened two new plants in Brazil鈥檚 Macaé region. The first, a sling manufacturing facility, will produce a range of wire rope products including lifting sets for cargo carrying units (CCU) The second, a DNV 2鈥
Wison 云顶赌场老虎机 & Marine, Exmar and longtime LNG consulting and engineering firm Black & Veatch have teamed up on what the companies promise will be the first floating LNG liquefaction, regasification and storage unit (FLRSU), to be installed 3km offshore Colombia鈥
FMC Technologies, flying high on two OTC 鈥榮potlights on technology鈥 this year for its advancements in the subsea separation arena, discussed the two projects 鈥 Marlim and Pazflor 鈥 that earned this recognition.The subsea oil-water separation鈥
Maca é MOVE: The latest move in the three-year expansion plan of marine equipment rental and sales specialist Seatronics has been the opening a new office in Macaé. Mark Teles, US and Brazil regional VP, will lead the Brazilian team (pictured).
Valle Silencioso, a company managed by Sophia Capital, now has a 95.8% stock holding in pipeline coatings and subsea thermal insulation specialist Socotherm following the acquisition of 50% of the outstanding shares of SO-4 Ltd from 4D Global Energy Investment鈥
