Oil & Gas Production: Latin America

Technip to engineer deepwater Libra FPSO topsides

Jurong Shipyard has awarded Technip a detailed engineering and procurement services contract for the Libra field FPSO topsides in the Santos basin offshore Brazil.

Petrobras may consider canceling two FPSO orders

Reuters reports the mayor of Rio Grande, Brazil, where the work is being done, has said the consortium building the FPSOs has asked for more cash and that could prompt Petrobras to call a halt.

Ultra-deepwater production set for steady growth, report claims

Analyst Douglas Westwood predicts oil and gas production from ultra-deepwater fields (>1,000m/3,281 ft) will grow 7.7% during 2015-2021.

Petrobras reports another presalt production record

Petróleo Brasileiro S.A (Petrobras) has reported its presalt production from the offshore Santos and Campos basins has set a new daily production record of 800,000 b/d.

Wood Mac predicts presalt production growth will alter processing markets

“Mega-projects” offshore Brazil and Norway will add 3.89 MMb/d of crude oil supply from the Atlantic basin by 2025, predicts Wood Mackenzie. 

BG to retain rights to Rosetta offshore Egypt

BG Group has issued an update on its first-quarter offshore activities.

 

Ultra-deepwater to capture most of Brazil's offshore capex

Brazil's forecast capex over the next five years on ultra-deepwater developments (1,499 m/4,917 m or 1,500 ft/16,132 ft) is expected to constitute 84% of the 2015-2019 offshore spending.

Offshore Brazil pipeline leak shuts down four offshore production platforms

Petrobras has shut down four platforms following detection of a leak in the subsea pipeline connecting the platforms. 

First SLWR riser deployed for Santos basin well

Petrobras set a new record last month for production from fields in the pre-salt layer of the Santos and Campos basins.

Trio agree on charter arrangement for Petrobras FPSO

MODEC, Mitsui and Marubeni have committed to invest in a long-term charter business to provide an FPSO for Petrobras’ Tartaruga Verde and Tartaruga Mestiça oil fields offshore southeast Brazil.

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