Offshore Magazine

Latin America Offshore Regional Report

Drilling & Completion

Managed pressure drilling aids Brazil wells

AGR has completed its first operation offshore Brazil using its EC-Drill technology.

Offshore Guyana exploration well targets Turonian play

The jackup Atwood Beacon has spudded Repsol’s Jaguar-1 on the Georgetown Petroleum Prospecting License offshore Guyana.

Petrobras approves 26 offshore drilling rig contracts

Petróleo Brasileiro S.A. (Petrobras) has approved contracting of 21 offline rigs with Sete Brasil and five dual-activity rigs with Ocean Rig.

Field Development

Petrobras awaits bids on production modules for eight FPSOs

Petrobras expects as much as $7 billion in bids to complete eight offshore platforms for use in the Santos basin, according to reports from Brazil.

Eni, Repsol sign gas sales agreement for Perla gas development offshore Venezuela

Eni and Repsol have signed a gas sales agreement with PDVSA and the Minister of Petroleum and Mines of Venezuela to develop the Perla gas field. 

FPSO remains preferred production option for Falklands oil find

Rockhopper Exploration says it is one well away from completing appraisal of its Sea Lion field in the offshore North Falkland basin.

Subsea

Petrobras secures subsea pipe supplies

Petrobras has awarded Technip a five-year frame agreement to supply 1,400 km (870 mi) flexible pipes.

New pile installation method succeeds offshore Brazil

Working in Waimea field offshore Brazil in the Campos basin, Large Diameter Drilling Ltd. has completed its first offshore pile installation using its StabFrame.

Buoyancy modules aid ROV deployments off Brazil

SMD has contracted Trelleborg Offshore for syntactic foam buoyancy modules for 20 new work-class ROVs.

Geology & Geophysics

Desire starts Falkland prospect review

Desire Petroleum has received the final processed 3D seismic volume covering North Falkland basin licenses PL003, PL004 and the majority of PL005.

BC-10 deepwater oil field offshore Brazil to get life-of-field seismic monitoring

OYO Geospace has contracted to supply $14.9 million in deepwater seabed seismic reservoir monitoring for the BC-10 field offshore Brazil.

Innovation and investment propel Petrobras toward deeper waters

Petrobras estimates that Brazil's presalt reserves contain about 50 Bboe – enough to turn the country into one of the world's top oil producers in this coming decade.

Pipeline & Transportation

Technip commissions Trinidad gasline coatings

Technip USA has contracted Bredero for concrete weight coatings, anode installation, and associated services for a Latin American offshore gasline project.

Saipem lands Latin America pipelay jobs

Saipem has won two offshore engineering contracts in South America with a total value of around $600 million.

Husky contracts Saipem for deepwater Liwan pipelay

Saipem has been awarded offshore construction and installation contracts off China and Brazil valued at more than $1 billion.

Production

BG records major improvements in deepwater Lula field drilling offshore Brazil

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.

First production flows from Waimea offshore Brazil for OGX

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

Offshore GTL plant authorized for use by Petrobras

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

Rigs/Vessels

BP Norge retains rig at Valhall

BP Norge has exercised options to extend use of the accommodation support rig Safe Scandinavia at the Valhall complex in the Norwegian North Sea.

Helix to build semisubmersible well intervention vessel

Helix Energy Solutions Group Inc. (NYSE: HLX) will proceed with a newbuild semisubmersible well intervention vessel.

Regalia stays at Norway field location

Talisman Energy has extended the contract for the accommodation support rig Regalia at the Yme field in the Norwegian North Sea.

Latin America Offshore Oil & Gas News

Desire starts Falkland prospect review

Desire Petroleum has received the final processed 3D seismic volume covering North Falkland basin licenses PL003, PL004 and the majority of PL005.

Managed pressure drilling aids Brazil wells

AGR has completed its first operation offshore Brazil using its EC-Drill technology.

Technip commissions Trinidad gasline coatings

Technip USA has contracted Bredero for concrete weight coatings, anode installation, and associated services for a Latin American offshore gasline project.