Brazil
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Extended-reach drilling is becoming more of a mainstream technology as the industry seeks to squeeze difficult reserves and reduce the footprint of projects in fragile environments. -
The sole bidder for the Bahia liquefied natural gas regasification terminal in Brazil was turned away for noncompliance of tender rules.
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The contractor will supply subsea equipment for the Brazilian state oil company’s Marlim, Voador field revitalization project.
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A newbuild hull has been selected for facilities buildout.
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The Japanese contractor received word in early April it would be temporarily banned from new competitive bidding.
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The find kicks off Petrobras’ latest drilling campaign, which is focused primarily on offshore blocks holding subsalt potential that the company acquired at a series of bid rounds that started in 2017.
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Since 2000, Brazilian Petrorecôncavo, which specializes in revitalizing mature onshore fields, has performed operations and project implementation services in most fields of the Remanso Cluster.
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The cluster is the third largest in Brazil and the fourth largest in the Americas, with potential for further development. It is the third offer the company has made over the past five weeks.
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The 3-year contracts were awarded to Solstad, OceanPact, and Fugro.
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Operators celebrate first major deepwater project sanctioned since the early-2020 oil crash.
