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 [...]
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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, [...]
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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 [...]
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 [...]
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 [...]
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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 [...]
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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 [...]
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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On January 31th 2012, at 18h39m50s, the FPSO OSX-1 successfully initiated the production of first oil for its anchor client OGX, the Brazilian EBX Group oil and gas company responsible for the largest private-sector exploratory campaign in Brazil. The FPSO OSX-1 is in charge of carrying out the Extended Well Test on the Waimea accumulation, [...]
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UK-based Borders & Southern Petroleum plc announced that their offshore exploration well 61/17-1 was spudded on yesterday (31st January 2012). The well is situated approximately 140 km south of the Falkland Islands. B&S is the operator of the well, holding a 100% interest in licence PL018. It is the first of a two well exploration [...]
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