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Petrobras Begins Commercial Production In Santos Basin Pre-Salt Iracema Sul Area

SOURCE: Petrobras News Agency | 15 October 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.

Sembcorp Marine Subsidiary Jurong Shipyard Secures US$696 Million Libra FPSO Conversion Contract

SOURCE: Sembcorp. | 13 October 2014

Sembcorp Marine is pleased to announce that its wholly-owned subsidiary Jurong Shipyard Pte Ltd has secured a US$696 million contract to convert a shuttle tanker into a floating, production, storage and offloading (FPSO) vessel for OOGTK Libra GmbH & Co KG, a joint venture between Brazil’s Odebrecht Oil & Gas and Teekay Offshore.

Libra Consortium Signs Letter Of Intent For Charter Of Its 1st FPSO For Extended Well Tests

SOURCE: Petrobras News Agency | 10 October 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.

Keppel Secures S$153 Million In Contracts From Repeat Customers

SOURCE: Keppel Corp. | 07 October 2014

Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) have secured contracts from repeat customers worth a total of S$153 million.

Eni: New Oil Discovery Offshore Angola.

SOURCE: Eni | 17 September 2014

Eni made a new oil discovery in Block 15/06, in the Ochigufu exploration prospect, in deep water offshore Angola. Oghigufu is the 10th commercial oil discovery made in Block 15/06. The new discovery is estimated to contain 300 million barrels of oil in place.

Drilling Begins On The Libra Field In Brazil

SOURCE: Total | 17 September 2014

With a target depth of 5,850 meters, the first appraisal well was spudded on Libra field off the coast of Brazil in early August. The super-giant field, located 200 kilometers offshore, has estimated resources of between 8 billion and 12 billion barrels in reservoirs that lie under a thick layer of salt.

Petrobras’ Total Production Tops 2.7 Million Barrels Of Oil Equivalent Per Day In August

SOURCE: Petrobras News Agency | 13 September 2014

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.

Alfa Laval Wins SEK 240 Million Offshore Pumping Systems Order In South Korea

SOURCE: Alfa Laval | 27 August 2014

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Framo pumping systems to Samsung Heavy Industries in South Korea. The order, booked in the Marine & Offshore Pumping Systems segment, has a value of approximately SEK 240 million and delivery is scheduled for 2015.

FPSO Cidade de Mangaratiba Leaves The Yard For Pre-Salt Operations

SOURCE: Petrobras News Agency | 18 August 2014

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.

International Energy Agency Rates Brazilian Oil Production As “Exceptional”

SOURCE: Petrobras News Agency | 15 August 2014

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.