Americas

Brazil: Petrobras Finds Gas in Potiguar Basin

Brazil: Petrobras Finds Gas in Potiguar Basin

Bloomberg today reported that Brazil’s oil giant, Petrobras, has found evidence of natural gas in an exploration well located in BM-POT-11 offshore block, Potiguar basin. The well was drilled using with the Petrobras V jack-up rig. The Brazilian National Agency of Petroleum (ANP) said on its website that the discovery has not yet been declared [...]

Brazil: StabFrame Successfully Deployed at Waimea

Brazil: StabFrame Successfully Deployed at Waimea

The first offshore pile installation operation with the StabFrame, a newly developed subsea pile-stabilising template, has been successfully completed in the OGX Waimea field in Brazil’s Campos Basin. Jointly developed by Large Diameter Drilling Ltd. (LDD) and MENCK GmbH, the StabFrame stabilises piles in all depths required for underwater pile driving.  The operation was carried [...]

Schilling Robotics Opens New Facility in Brazil

Schilling Robotics Opens New Facility in Brazil

Schilling Robotics, LLC, experts in subsea systems, announced today the opening of a service and support operations in Brazil. This is a newly built 3000 ft 2 (278m 2 ) facility on the FMC Technologies campus in Macaé. This new facility is dedicated to providing customer support for Schilling products, including spares, repair, technical training, [...]

WWCS Bags Decom Gig in U.S. Gulf of Mexico

WWCS Bags Decom Gig in U.S. Gulf of Mexico

Wright’s Well Control Services (WWCS) has been awarded a contract from an operator in the Gulf of Mexico for the surface plug & abandonment of sixteen wells. Work on this project will commence in the first quarter of 2012 and is expected to be completed by the end of June 2012. WWCS will use its [...]

Brazil: Petrobras Collects Spilled Oil

Brazil: Petrobras Collects Spilled Oil

Petrobras announces it has commenced the deployment of the Environmental Monitoring Plan in the Carioca Nordeste area, in the Santos Basin, where a pipeline ruptured last Jan. 31 on a FPWSO Dynamic Producer performing an Extended Well Test. The FPWSO is located approximately 300 kilometers off the coast of the state of São Paulo, where [...]

USA: Cameron Reports Record Revenues

USA: Cameron Reports Record Revenues

Cameron, a leading provider of flow equipment products, systems and services to worldwide oil, gas and process industries, reported net income of $99.9 million, or $0.40 per diluted share, for the quarter ended December 31, 2011, compared with net income in the prior year’s fourth quarter of $164.6 million, or $0.66 per diluted share. The [...]

Diamond Offshore's 4Q Impacted by High Downtime

Diamond Offshore's 4Q Impacted by High Downtime

Diamond Offshore Drilling, Inc. today reported net income for the fourth quarter of 2011 of $188 million, or $1.36 per share on a diluted basis, compared with net income of $242 million, or $1.74 per share on a diluted basis, in the same period a year earlier. Revenues in the fourth quarter of 2011 were [...]

Alaska: Buccaneer Acquires Cosmo from Pioneer

Alaska: Buccaneer Acquires Cosmo from Pioneer

Buccaneer Energy Limited has executed a Purchase and Sale Agreement for the acquisition of the two main productive leases in the former Cosmopolitan Unit (“Cosmo”) from  Pioneer Natural Resources Alaska, Inc. Cosmo is an undeveloped oil and gas field located in 50 feet of water in the Cook Inlet of Alaska and is in close [...]

Petrobras Working to Contain Oil Spill Offshore Brazil

Petrobras Working to Contain Oil Spill Offshore Brazil

Brazil’s largest oil company, Petrobras, announces that, since Tuesday (January 31) , 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 wellhead) of FPWSO Dynamic Producer. The platform is operating in the Extended Well Test (EWT) that is underway [...]

Brazil: Petrobras Finds Hydrocarbon Shows at BM-S-12, Says QGEP

Brazil: Petrobras Finds Hydrocarbon Shows at BM-S-12, Says QGEP

The largest privately owned company in Brazil’s E&P sector in terms of daily production in barrels, QGEP Participações S.A., today provided a drilling update on Block BM-S-12. Queiroz Galvão Exploração e Produção (QGEP), its wholly owned subsidiary, holds a 30% participating interest in this block, which is operated by Petrobras. Drilling at the Ilha do [...]


 




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