Saipem has been awarded a contract by Petrobras on July 6 for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project, in water depths from 1,537 m to 2,190 m, offshore the state of Rio de Janeiro.
Brazilian oil major Petrobras said July 7 it has started to decommission its platform P-12 in the Campos Basin after receiving permission from the Navy and environment and oil agencies.
Brazilian state-run oil company Petrobras has hired a new satellite service capable of reducing data transmission timing by 75% between the company’s platforms and command centers, it said in a securities filing on July 3.
The fall in oil exports has starved the socialist government of President Nicolas Maduro of its main source of revenue, contributing to an economic collapse.
Some have already left, while most will leave the company later this year or in 2021.
Brazil’s Petrobras said that its platforms P-74, P-75, P-76 and P-77 located in the deepwater Buzios oil field, the largest in the world, achieved record production levels June 27, totaling 664,000 bbl/d and 822,000 boe/d.
The company is operating the well with a platform that has daily capacity of 150,000 bbl of oil and 6 MMcm of natural gas.
Output at the offshore Liza Field has been restored to between 80,000-90,000 bbl/d after falling to between 25,000-30,000 bbl/d, according to the head of Guyana's Environmental Protection Agency.
A Bone Spring discovery made by Occidental Petroleum in the Permian Basin plus a Forward Field-Marcellus Shale producer reported by EQT in Pennsylvania’s Allegheny County top this week’s drilling activity highlights from around the world.
A novel application for drilling optimization proves successful in the Brazilian deepwater presalt.