Brazil upstream news
TechnipFMC given EPCI contract for Mero 2 project
The contract covers engineering, procurement, construction, installation and pre-commissioning of the infield rigid riser and flowlines for production, including the water alternate gas wells.
South America emerges as cost-saving champion in 2020, says Rystad Energy
Average OPEX per barrel of oil equivalent for deepwater production in the region has more than halved since 2013, from roughly US$26 to US$12.70 in 2020, a Rystad Energy report shows.
Total and partners launch third phase of Mero field development
The Mero 3 FPSO will have a liquid treatment capacity of 180 000 bpd and is expected to start up by 2024.
Petrobras releases teaser for Santos Basin block
Petrobras is aiming to sell 50% to 100% of its stake in the BM-S-51 concession.
Petrobras starts binding phase for sale of Tataruga offshore field stake
The company has also announced it is mothballing the Merluza platform.
Karoon and Petrobras renegotiate terms of Baúna field sale
The renegotiated terms are due to the COVID-19 pandemic and the difficulty to address the previous conditions initially defined, according to Petrobras.
Petrobras begins tender for new FPSOs for Buzios field
The three new FPSO units are part of an asset development plan for the Búzios field which envisages a total of 12 units installed by the end of the decade.
BW Offshore receives contract extension for FPSO Polvo
BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo.
Petrobras concludes sale of onshore and shallow water fields
Petrobras has sold its interest in two onshore production fields in the Potiguar Basin and 10 shallow water fields that comprise the Pampo and Enchova Clusters.
Keppel secures two FPSO contracts with MODEC
Keppel has been awarded contracts in Singapore and Brazil.