Oil & Gas Production: Latin America

Petrobras declines use of novel loading technology

Teekay Offshore has suffered a setback in its efforts to deploy a 2010-built HiLoad DP unit which it acquired from Remora in 2013 for $60 million.

Presalt oil hits new peak for Petrobras offshore Brazil

Petrobras brought onstream seven new offshore wells last month in the Campos and Santos basins.

Death toll rises in FPSO explosion offshore Brazil

BW Offshore has confirmed that the bodies of five deceased personnel have been brought to shore with four Brazilian personnel missing.

Petrobras vessel explodes offshore Brazil

A Petrobras-operated FPSO exploded February 11, killing several onboard and injuring more, Reuters reported. Out of 74 workers onboard, numerous are still missing, likely to raise the death toll.

Subsea intervention set to grow

Demand for subsea well intervention will remain high over the next five years, according to analysts Douglas-Westwood.

GLOBAL DATA

This month, Infield Systems looks at the prospectivity of Brazil's developments and forecast capex over the next five years.

More deepwater WDDM wells go onstream offshore Egypt

BG Group’s Egyptian oil and gas production increased to 68,000 boe/d during 4Q 2014, up from the previous two quarters.

Ultra-deepwater elephants: Giving way or marching ahead?

The OPEC resistance to reduced production quotas has spurred a continued oil price drop, following the trend from this past June. With Brent oil prices currently at $70/bbl, how robust are deepwater and ultra-deepwater developments? Will ultra-deepwater costs related to water depth, drilling time and other complexities favor the deepwater developments, or will the sheer size of ultra-deepwater elephants wrestle through to development no matter what?

Petrobras reports decrease in oil leaks

Petrobras says its total volume of leakages of oil and oil products fell by 63% last year.

Early production gets go-ahead for Búzios offshore Brazil

Petrobras has authorization to start up the early production system of well 2-ANP-1RJS on the presalt Santos basin Búzios field.

Webcasts

Standardization of Offshore Production Systems

The EPC strategy and an update on the construction of the eight units will be presented as well as an overview of future opportunities.

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Offshore Top 5 Projects - 2014

The editors of Offshore have made their choices for the winners of the Five Star Award – the top five offshore field development projects for 2014....

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