This contract for subsea services covers components for both the subsea equipment and flexible pipelines.
The bid round, scheduled to close on September 28, offers four blocks in Brazil’s pre-salt area, but three of these were already offered in previous rounds and received no bids.
TechnipFMC and DOF Subsea (DOF) announce that the Skandi Recife, a Brazilian-flagged flexible lay and construction vessel owned by the joint venture formed between TechnipFMC (50%) and DOF (50%), commenced its 8 year charter contract with Petróleo Brasileiro S.A. (Petrobras). The vessel will work in the Campos, Santos and Espírito Santo basins.
Reflecting equity volumes produced since the effective date of 1 January 2018 and the deposit paid upon the signing of the transaction, Equinor has paid Petrobras an adjusted cash consideration of US$2 billion.
The top ten planned and announced presalt areas in Brazil will spend over US$220 billion throughout their lifetime in capital and operating expenditure.
Suretank Latin America has designed a new 5000 l portable offshore tank for Petróleo Brasileiro S.A.(Petrobras) which will meet all of the regulations required from all international oil companies (IOCs) operating in Brazil.
Total operates five blocks in the Foz do Amazonas basin (referenced as FZA-M-57, FZA-M-86, FZA-M-88, FZA-M-125 and FZA-M-127) located around 120 km offshore Brazil.
Petróleo Brasileiro S.A.’s (Petrobras) liquids production is expected to grow to 2.7 million bpd by 2021.