GMC and Horton Wison Deepwater confirm a joint venture to design and supply buoyant tower platforms for shallow-water fields.

SBM Offshore has contracted for a 20-year charter and operation of the FPSO Cidade de Ilhabela.

Pacific Stratus Energy (PSE) Colombia has contracted EXMAR to build, operate, and maintain a floating liquefaction regasification and storage unit (FLRSU) for the Colombian Caribbean coast.

Chevron Brasil Upstream Frade Ltda has requested to suspend production at Frade field, Campos basin, offshore Brazil.

Oil production from BPZ Energy’s Corvina and Albacora fields offshore Peru has been averaging around 3,920 b/d.

BG Group has initial approval from the Brazilian Development Bank (BNDES) for up to $1.8 billion of long-term finance for the company’s interests in presalt Santos basin.

BG Group (BRGYY.PK:OCQX) says the first permanent FPSO on the Lula field in the Santos basin off Brazil has to date produced 15 MMboe in total from three wells, with a fourth due to be added in 2012.

OGX Petróleo e Gás has announced first oil with the beginning of the extended well test (EWT) in the Waimea accumulation.

Petrobras’ CENPES Research and Development Center has concluded qualification testing of the world’s first modular small-scale GTL facility, according to supplier CompactGTL.