Brazilian Subsea And Maritime News Coast Blogs

Temasek Holdings from Singapore Investing in Brazil´s O&G Market

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on October 26, 2010

Negotiations to conclude the deal have been going on for five months and the final agreement has been drawn whereas Temasek bought 14.3 % of OOG for $400 million. OOG´s main interest in the partnership was to attract capital in order to increase…

Petrobras Expands CENPES Research Center

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on October 12, 2010

With the expansion the complex on Fundão Island will occupy more than 300 thousand m² making it one of the largest centers of applied research in the world. There will be various laboratories designed to meet the technological demands of Petrobras’ business areas…

Pre-salt - Technological Challenges

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on May 21, 2010

Drilling at a depth of two thousand meters is not a problem. Petrobras already has several wells at this depth, in Brazil and in the Gulf of Mexico, and produces at 1,886 meters in the Campos Basin, a mark that was once the world record (Shell currently holds the record…

OGX Investing in Advanced GE O&G Subsea Wellhead Systems

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on November 19, 2009

OGX currently has concession rights or a participating interest, in five exploration blocks in the Santos Basin, covering a total acreage over 1,000 km² (247,105 acres), of which four were acquired in the ANP’s ninth bidding round. Four blocks are 100% owned and will be operated by OGX (BM-S-56…