Petrobras
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The contractor will finalize the chosen FPSO solution for the development in the Campos Basin pre-salt off Brazil. -
It has often been considered risky to use heavy drillships in depths below 2,000 ft. However, a good measure of innovation and market timing has recently proved otherwise.
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The sale is subject to the closing of the acquisition by BW Energy of the 100% operating working interest in the Golfinho field from Petrobras.
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The subsea specialist will provide and install flowlines, risers, and umbilicals for the Búzios 8 project offshore Brazil.
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Monies are recoupment for Petrobras’ sunken costs in the Atapu development, to date.
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Two new wells will add 20,000 BOED to the field’s overall production volumes.
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Brazilian state oil company looks to divest interests in the GOM.
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Brazilian state oil company will focus E&P efforts in deepwater.
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Operator will receive $1.38 billion for cluster of 22 concessions in the Potiguar basin.
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State-run company will direct $2 billion towards frontier drilling in the area.
