Woodmac exploration outlook: Move from ‘Big Oil to Big Energy’ under way
The move from “Big Oil to Big Energy” is under way as the energy transition puts extra pressure on explorers, an analyst has said.
Brazil
BW Energy plans Oslo IPO this quarter
BW Offshore intends to hold an IPO of its BW Energy unit, which is producing oil in Gabon, in the first quarter of 2020 on the Oslo Stock Exchange.
Oil holds biggest weekly drop since July on easing Gulf tension
Oil was steady after the biggest weekly drop since July as an easing of geopolitical tension in the Middle East turned attention back to a flood of new supply set to hit the market this year.
Exploration in 2020: Transition, what transition?
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many E&P boardrooms in 2019, but the impact on exploration drilling is not yet apparent.
Reasons for optimism: Taking stock of carbon reduction achievements and possibilities
As we enter a new decade, I’m sure I’m not alone in reflecting on matters that are personally important, together with major issues that impact on society, the environment and the economy.
Brazil-based partner chosen for Deep Casing Tools
Oilfield technology firm Deep Casing Tools (DCT), of Aberdeen, said yesterday it had appointed a Brazil-based partner to help it win orders in South America.
Avenir, Golar Power team up for small-scale Brazilian LNG
Avenir has set out a planned entry into a second country, Brazil, under a small-scale LNG delivery scheme with Golar Power.
Second failed Brazil oil auction has officials attacking rules
Brazil had its second failed oil auction in two days, prompting government officials and the head of the state-run producer to criticize bidding rules.
World’s priciest oil auction may raise $50billion in Brazil
An auction next month of oilfields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according to people familiar with government estimates.
The FCPA on the rise: bribes, booms and bonuses
The US’ Foreign Corrupt Practices Act (FCPA) is the benchmark for anti-corruption efforts around the world but the ways in which it is being used are changing, as various countries work on their own efforts.
Brazilian oil bonanza evades BP, but time remains
It was supposed to be BP’s big Brazilian breakthrough after years of setbacks in one of the world’s top destinations for offshore oil.
More than 100 oil spills detected off Brazilian coast this month
Brazil's main environmental agency said it has detected 105 crude oil spills from an undetermined source polluting the waters of the country's north east coast this month.
Inaugural event to focus on subsea and drilling in Brazil
A first of its kind event focussing solely on the subsea and drilling industries in Brazil is set to take place in Rio de Janeiro in November.
Chariot offers up opportunities, big and small
Chariot Oil & Gas is covered for its near-term work commitments but to step ahead it must sign up partners for its various projects.
Petrobras picks Halliburton for Santos Basin job
Houston-headquartered energy service firm Halliburton has been handed a contract by Petrobras for pre-salt development in the Santos Basin, offshore Brazil.
Trac back on track
Trac Oil and Gas’ boss believes the time is right to revisit the firm’s international expansion plans after getting off to a false start several years ago.
Deepwater and tight oil are more similar than you think, Woodmac says
Deepwater and tight oil are two of the upstream sector’s great growth themes, but are often considered to be at opposite ends of the development spectrum.
SBM inks letter of intent for FPSO destined for Brazil
Dutch oilfield services group SBM Offshore has signed a letter of intent (LoI) with Petrobras to provide an FPSO for the Mero field, 110 miles off Rio de Janeiro.
Worley, Enaval launch Brazilian brownfield joint venture
Australian energy service firm Worley has launched a 50:50 joint venture with a Brazilian engineering and construction company to carry out brownfield work in the Latin American country.
Petrobras picks McDermott for Sepia work
McDermott International will construct and install subsea risers and flowlines on Petrobras' Sepia field off Brazil.
Subsea technologies to be explored during Brazil trade mission
UK firms are being invited to take part in a trade mission to Brazil which will showcase new innovations in subsea technology.
Council budgets £43k to win global trade for city
Aberdeen council bosses are looking for new business opportunities in Asia, Africa and South America as they try to boost the city’s reputation on the world stage.
Halliburton ties up contract with Shell for Brazilian projects
Halliburton has inked an integrated services contract with Shell for post-salt development and pre-salt exploration in Brazil's Campos and Santos Basins.
TechnipFMC wins ‘significant’ subsea contract in Brazil
TechnipFMC has won a “significant” contract for work on the Lapa oilfield offshore Brazil.
Forum ROVs, built in Yorkshire, destined for Brazil
Forum Subsea Technologies will supply three remotely-operated vehicles (ROVs) to DOF Subsea for projects off Brazil.