Novelis, the global leader in aluminum rolling and recycling, announced today that consistent with its corporate strategy it will focus its operations in Brazil on its core business of aluminum rolling and recycling. As a result, it will cease operations at its Ouro Preto, Minas Gerais, primary aluminum smelter at the end of 2014.
Petrobras’ platform Cidade de Mangaratiba went into operation today (14/10) in the Santos Basin pre-salt area of Iracema Sul, in Lula field, located on block BM-S-11. The start-up of the new platform was anticipated since the original expected start-up, as provided for in the 2014-2018 Business & Management Plan, had been scheduled for November 6th, 2014.
Libra Consortium has signed a letter of intent with Odebrecht/Teekay (OOG-Teekay), winner of a tender process, for the charter of a FPSO-type platform (floating production, storage and offloading) designed for the extended well test campaign of Libra, in the Santos Basin pre-salt deposits.
ABB, the leading power and automation technology group, today inaugurated its first new office in Yangon, Myanmar, after an absence of 20 years. Having a local presence in the country will allow the company to better serve local customers, improve service capabilities, and expand its activities.
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Petron Corporation to provide operator training, commissioning, and start-up assistance services for the new delayed coking unit at Petron’s Bataan Refinery in the Philippines.
Petrobras’ consolidated oil and natural gas production in Brazil and abroad reached 2,759 thousand barrels of oil equivalent per day (boed), rising 2.2% from a reported production of 2,699 thousand boed in July.
Huldra is the first gravity-based, Statoil-operated installation in the North Sea to be shut down permanently. Terminating production on 3 September, the platform has produced gas and condensate for six extra years compared to the original plan.
Nearly 18 months after the In Amenas attack, Statoil and the joint venture partners are ready to resume ordinary operations at the plant.
This Saturday (August 16th), the Schahin – Modec consortium, hired by Petrobras to build and operate the FPSO Cidade de Mangaratiba, initiated the process of moving the vessel out of the BrasFels shipyard, in Angra dos Reis.
The International Energy Agency (IEA) classified as “exceptional” the increase in oil production in Brazil in the second quarter of this year, in a monthly report released on Tuesday, August 12. According to the report by the IEA, which has a presence in 29 countries, Brazilian oil production reached 2.3 million barrels per day (bpd) in June.