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Petrobras

QGEP gauges two FPSO sizes for Atlanta heavy crude The first Brazilian independent oil company Queiroz Galvao Exploration & Production (QGEP) and its partners, OGX Petróleo e Gás Participações S.A (OGX) and Barra Energia do Brasil Petróleo e Gás Ltda (Barra Energia), are currently evaluating two different schemes to develop the offshore Block BS-4 and select the […]

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Cobalt to join Majors in Angola pre-salt Kwansa Basin With the Cameia discovery, the junior Cobalt International Energy Company Inc. (Cobalt) is joining the major companies BP, Chevron, Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina, Statoil and Total in the development of the pre-salt oil and gas reserves lying in the Angola deep offshore Kwanza […]

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Saipem won EPC contract for Nigeria Edo fertilizer Based in Lagos, Nigeria, the Dangote Group (Dangote) has selected the Indian Tata Consulting Engineering company as project manager consultant (PMC) for its Edo Fertilizer project in Nigeria. Estimated to require $1.9 billion capital expenditure, this Edo Fertilizer project is given as to build the largest Fertilizer plant in Africa. […]

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SBM and Modec to charter three FPSOs to Petrobras The Brazil national oil company Petrobras signed with SBM Offshore (SBM) from The Netherlands two chartering contracts for floating production, storage and offloading (FPSO) vessels to substitute the P-66 and P-67 FPSOs currently in construction and planned for the Lula field. These contracts with SBM come in […]

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Brazil Key Project and Business Highlights The year 2012 has seen Brazil congested by the upstream projects causing delays. But more importantly, in 2012, Brazil started to implement its integrated business model in which upstream, midstream and downstream sectors are developed in parallel in order to optimize the hydrocarbon value chain. On the upstream the bottleneck […]

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