Posts Tagged ‘Petrobras’

Prosperous New Year 2018

Oil & Gas and Petrochemical market has grown up by 30% in 2017 in respect with the number of projects sanctioned for execution with EPC contracts. This number confirms our last year forecast and gives credit to our estimation of 20% to 35% growth for 2018. This market upturn is driven by a market shift from the IOCs to the NOCs and Independent companies, representing both nearly 80% of the capital expenditure as operator on the next five years. As a results the projects get smaller and run on fast-track requiring more agility from the sales organizations for detection and capture.

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Ventech and Velocys in JV with Waste Management and NRG for small-scale GTL projects

Waste Management to monetize waste biogas into GTL Ventech Engineering International LLC (Ventech), Velocys plc (Velocys), Waste Management Inc. (Waste Management) and NRG Energy Inc. (NRG) formed a joint venture to develop and promote  gas-to-liquids (GTL) small-scale production units to monetize biogas and natural gas. These four companies are bringing together their […]

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Queiroz Galvao E&P tendered Brazil Atlanta FPSO

QGPE called for two tenders in view of Atlanta FPSO The development of the Block BS-4 is now moving forward with the call for tenders issued by Quieroz Galvao Exploration and Production (QGEP) for two floating production storage and offloading (FPSO) vessels in view of the Atlanta heavy crude oil […]

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Sete Brasil confident to deliver its 29 pre-salt oil-rigs program ontime

Sete Brasil secured financing for nine first drilling ships Sete Brasil Participacoes SA (Sete Brasil) secured $3.7 billion loan to finance the first series of nine drilling rigs out of its $20 billion capital expenditure program for the construction of 29 rigs required by Petroleo Brasileiro (Petrobras) to develop the […]

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Repsol-Sinopec compare concepts to develop Brazil Campos pre-salt

Giant Pao de Acucar in Block BM-C-33 reaches FEED The giant discovery Pao de Acucar and its adjacent fields, Seat and Gavea, are reaching the front end engineering and design (FEED) stage to develop the prolific Block BM-C-33 pre-salt in the ultra deep water of the Campos Basin offshore Macae, in […]

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ONGC at study phase on Krishna Godavari deep offshore project

ONGC to award pre-FEED on KG-DWN-98/2 deepwater The India state-owned company Oil and Natural Gas Corporation (ONGC) is on the way to award the contract to perform the pre-front end engineering and design (pre-FEED) work for the development of the KG-DWN-98/2 project in the deep water of the Krishna Gadavari […]

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Petrobras to call for tender Tartaruga Verde converted FPSO

Petrobras on the pace to tender two FPSO per year The Brazilian national oil company (NOC) Petroleo Brasileiro SA (Petrobras) is ready to publish next week the call for tender to charter a new floating production storage and offloading (FPSO) vessel for the development of the Tartaruga Verde and Tartaruga […]

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Brazilian ANP pushes Petrobras to stop flaring with Floating GTL projects

Petrobras to prepare FEED tender for first GTL FPSO After years of feasibility studies and tests, Petrobras is readying to move on the first gas-to-liquid (GTL) floating, production, storage and offloading (FPSO) vessel ever made in the world to stop flaring the associated gas released from the production of the […]

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Total, Gazprom and Tecpetrol to monetize Bolivia gas discoveries

Total made final decision to develop Incahuasi gas field The French major company, Total and its partners, Gazprom from Russia and Tecpetrol de Bolivia (Tecpetrol), made the final investment decision (FID) to develop the gas and condensate discoveries from Incahuasi in Bolivia. In a country where the production of natural […]

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One Day – One Country: Brazil

Brazil Key Projects and Highlights In 2012, Brazil and its flagship, Petróleo Brasileiro S.A. (Petrobras), had to face a reality regarding their capacity to deliver on time all the fleets of drilling ships, exploration and production floating units and services vessels in respect with the local content requirements. Awarding contracts to […]

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