Brazil upstream news

Brazilian oil company Prio has agreed to acquire a 40% interest in the Peregrino and Pitangola Fields, jointly known as Peregrino, in the Campos Basin, offshore Brazil, for US$1.92 billion (10.43 billion reais).

Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, reports Reuters.

Vallourec enters into a definitive agreement to acquire from Mattr 100% of the shares of its subsidiary Thermotite do Brasil Ltda.

Petrobras has informed that the FPSO Maria Quitéria is currently en route to Brazil. The platform ship departed from China in May and is expected to arrive at its location in 3Q24.

Sonardyne has announce the next phase of the pioneering On Demand Ocean Bottom Node (OD OBN) development project in Brazil.

Vallourec has announced the signature of a 5 year contract with Equinor in Brazil for the turnkey supply of premium tubes and connections, accessories, and services.

Trendsetter Engineering has announced that it has been awarded a significant contract by Trident Energy do Brasil to deliver two six-slot production subsea manifolds for the Bonito and Bicudo Fields in Brazil.

Baker Hughes has announced a significant order from Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil.

Sulzer Flow Equipment has been selected by TechnipFMC to collaborate in developing new subsea CO2 pump solutions for new technologies. Petrobras’ high pressure separation technology, HISEP®, enables the separation of CO2-rich natural gas from oil at the seabed.

Shearwater GeoServices Holding has ramped up its multi-client activity and has announced the Pelotas Basin 3D. This is the fifth multi-client 3D acquisition project so far.