Latin America Offshore Regional Report

Latin America Offshore Oil & Gas News

Karoon completes Kangaroo side track well off Brazil

Karoon Gas Australia has completed the first of two planned side track wells on its Kangaroo-2 appraisal well in exploration block S-M-1165 of Brazil’s Santos basin.

BP’s Juniper mooring and foundation installation complete

InterMoor has completed mooring and foundation installation for bpTT’s Juniper gas project offshore Trinidad and Tobago. 

Petrobras hails lower-cost subsea tree deployment

Petrobras says it deployed its first wet christmas tree at the end of last year using cables in the presalt area of the Santos basin.

Drilling & Completion

Karoon completes Kangaroo side track well off Brazil

Karoon Gas Australia has completed the first of two planned side track wells on its Kangaroo-2 appraisal well in exploration block S-M-1165 of Brazil’s Santos basin.

BPZ has added pay in Albacora A-27D offshore Peru

BPZ Energy’s Albacora A-27D development well at block Z-1 offshore Peru has tested at a production rate of 1,135 b/d of oil over a 10-day period. 

Petrobras proves more deepwater oil in Sergipe-Alagoas basin

Petrobras has confirmed a second oil find in the Fanfan area in the deepwater Sergipe-Alagoas basin offshore Brazil.

Field Development

BP’s Juniper mooring and foundation installation complete

InterMoor has completed mooring and foundation installation for bpTT’s Juniper gas project offshore Trinidad and Tobago. 

Petrobras hails lower-cost subsea tree deployment

Petrobras says it deployed its first wet christmas tree at the end of last year using cables in the presalt area of the Santos basin.

Qingdao McDermott completes fabrication of process module

Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd. has completed a fasttrack compression process module fabrication project for Jord Oil & Gas Systems B.V. 

Subsea

BP’s Juniper mooring and foundation installation complete

InterMoor has completed mooring and foundation installation for bpTT’s Juniper gas project offshore Trinidad and Tobago. 

Petrobras hails lower-cost subsea tree deployment

Petrobras says it deployed its first wet christmas tree at the end of last year using cables in the presalt area of the Santos basin.

Top 5 Projects of 2014

The editors of Offshore magazine have selected five projects that exemplify best-in-class among those that were completed during the first three quarters of this year.

Geology & Geophysics

Karoon completes Kangaroo side track well off Brazil

Karoon Gas Australia has completed the first of two planned side track wells on its Kangaroo-2 appraisal well in exploration block S-M-1165 of Brazil’s Santos basin.

Second Libra well on track offshore Brazil

Petrobras says a second appraisal well in the Libra block in the Santos basin has reached the salt base.

EMGS receives survey contract award in Brazil

Electromagnetic Geoservices ASA has received a contract worth $1.5 million for a research project in Brazil.

Pipeline & Transportation

Technip to supply flexible pipe for Iracema North offshore Brazil

The Tupi BV consortium of Petrobras Netherland, BG, and Galphabe has contracted Technip to supply flexible pipe for the presalt Iracema North field in the Santos basin offshore Brazil.

Tenaris will supply gas pipeline Rota 3 for Brazilian presalt

The 2014-2018 Petrobras Business Plan foresees the allocation of $10 billion in the oil and gas sector, including projects related to subsea pipelines for gas transportation from the presalt area, ...

Saipem to install Lula presalt pipelines, risers offshore Brazil

Petrobras has contracted Saipem for construction of subsea facilities for the Lula Norte, Lula Sul, and Lula Extremo Sul project offshore Brazil.

Production

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 deepwate...

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.

Rigs/Vessels

Maaskant delivers winches to Fugro for Bucentaur

Maaskant Shipyards has delivered two custom winches to Fugro for installation on the deepwater drilling vessel MV Bucentaur in April. 

BW Offshore wins extensions for two FPSOs

BW Offshore has signed a letter of intent with Eni affiliate Nigerian Agip Exploration for a two-year extension for the FPSO Abo until 4Q 2016. 

Fugro funds Arctic survey vessel

Newfoundland and Labrador’s Research & Development Corp. (RDC) says it will invest $4.9 million in a multi-purpose survey, support, and research and development vessel for Arctic waters.