Latin America Offshore Regional Report

Latin America Offshore Oil & Gas News

Petrobras sells Campos basin interests

PetroRio S.A. has signed a purchase and sale agreement worth $25 million with Petrobras to acquire 20% of the concession contracts for the Bijupirá and Salema fields. 

PGS, Spectrum, Schlumberger combine for major seismic survey offshore Mexico

Petroleum Geo-Services, Spectrum, and Schlumberger have agreed to collaborate on acquisition of 80,000-100,000 km (49,710-62,137 mi) of long-offset 2D data covering what the group says will be all ...

Presalt E&P a priority for Petrobras through 2019

Additional information is available following yesterday’s announcement by Petróleo Brasileiro S.A. (Petrobras) of plans to reduce capex to the end of this decade.

Drilling & Completion

Tullow close to completing well offshore Suriname

Tullow Oil expects to issue results from the Spari-1 exploration well offshore Suriname next month. 

Deepwater drilling under way south of Falklands

The semisubmersible Eirik Raude has spudded the third exploration well of its current campaign off the Falkland Islands on the deepwater Humpback prospect in the Fitzroy sub-basin.

PEMEX reports new shallow-water GoM discoveries

PEMEX has reported discovery of four new fields in shallow water of the Gulf of Mexico. 

Field Development

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.

PEMEX picks McDermott for Ayatsil-C jacket fabrication, installation

PEMEX has awarded McDermott International Inc. (NYSE:MDR) a contract for the engineering, procurement, construction, installation, and pre-commissioning of the Ayatsil-C replacement jacket and asso...

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.

Subsea

Harkand completes BG project offshore Trinidad and Tobago

Harkand has completed its first ROV subsea support project for BG offshore Trinidad and Tobago.

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.

Proserv starts delivery of subsea controls to Brazil

Proserv has completed the first phase of its $40-million contract to provide subsea controls in Brazil. 

Geology & Geophysics

PGS, Spectrum, Schlumberger combine for major seismic survey offshore Mexico

Petroleum Geo-Services, Spectrum, and Schlumberger have agreed to collaborate on acquisition of 80,000-100,000 km (49,710-62,137 mi) of long-offset 2D data covering what the group says will be all ...

Presalt E&P a priority for Petrobras through 2019

Additional information is available following yesterday’s announcement by Petróleo Brasileiro S.A. (Petrobras) of plans to reduce capex to the end of this decade.

Statoil awarded four licenses offshore Nicaragua

Statoil has secured operatorship of four frontier licenses offshore the Nicaraguan Pacific coast.

Pipeline & Transportation

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. 

Subsea 7 wins offshore Brazil flex-lay extension

Petrobras has awarded Subsea 7 a two-year, $200-million contract to install flexible lines for various projects offshore Brazil.

QGEP contracts McDermott for SURF on deepwater Atlanta early production system

McDermott International Inc. (NYSE:MDR) and a consortium partner have won the SURF engineering, product supply, and installation scope for the Atlanta early production system in the Santos basin of...

Production

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.

Rigs/Vessels

COSCO Qidong extends delivery of semisubmersible accommodation rig to Axis Offshore

COSCO Qidong Offshore Co. Ltd. has agreed to extend the delivery of a harsh environment semisubmersible accommodation rig to Axis Offshore. 

Quadrant Energy awards Global Maritime Group mooring and rig move contract

Global Maritime Deep Sea Mooring has won a contract for the provision of mooring and rig positioning services to Quadrant Energy Ltd. 

Browse FLNG partners commit to FEED

Woodside says the partners in the Browse FLNG development offshore northwest Australia have agreed to enter the front-end engineering and design phase.

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