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O&G Mergers and Acquisitions on the rise in Brazil 22 Aug 2013 | 08:51 am
According to data from KPMG consulting there were 22 merger and acquisition operations in the market during the first 6 months of 2013, 4 times higher than in the first semester of 2012. This is mostl...
North Brazil Oil – Deepwater Oil off the State of Pará 13 Aug 2013 | 01:36 am
Brazil’s Equatorial Margin, which is the country's coastline facing north, has recently had offshore exploration blocks acquired by a number of players during the 11 bidding round in early 2013. One o...
Pelamis P2 – How the Wave Energy Converter Operates 9 Aug 2013 | 02:46 pm
The Pelamis P2 is the second-generation Pelamis Wave Energy machine and includes a number of significant design improvements. The P2 design has been sold to utility customers E.ON and ScottishPower Re...
Wave Power – The Pelamis Concept 7 Aug 2013 | 11:22 am
Wave energy is produced when electricity generators are placed on the surface of the ocean. The energy provided is most often used in desalination plants, power plants and water pumps. Energy output i...
Subsea Connection Systems - FMC's UCON System 3 Aug 2013 | 07:08 am
Subsea oil fields are dependent on a large amount of connections between various kinds of subsea equipment in order to function. They allow umbilicals, flowlines, risers and rigid jumpers to connect t...
Angola Pre-salt Development 1 Aug 2013 | 07:10 am
Few people acknowledge this but the exploratory campaign that led to the 2006 discovery by Petrobras of the Tupi (renamed Lula) field, at the Santos Basin in Brazil was partially triggered by early pr...
Portuguese Investment in Brazil’s Pre-Salt 29 Jul 2013 | 10:57 am
Galp Energy, which is Portugal’s major O&G operator, is aiming at increasing its investments in Brazil through acquisition of new block during Petrobras’ pre-salt bidding round next October. Galp is a...
OSV Market in Brazil – Bravante Group 25 Jul 2013 | 11:15 am
The Bravante Group has been active in Brazil for around 50 years. Bravante Offshore, one of the companies that make up the group is a 100% Brazilian company specialized in leasing and operating OSVs f...
Libra Pre-salt Development 20 Jul 2013 | 09:07 am
As the time for the first pre-salt bidding round approaches, solid data begins to appear related to production forecasts and assets needed for the field’s development. Brazil’s National Petroleum Agen...
A Possible Rival to the Panama Canal 17 Jul 2013 | 06:17 pm
Nicaragua recently granted a 50-year concession to Hong Kong based HKND Group, led by Chinese telecom executive Wang Jing, to cut a channel between the Caribbean Sea and the waters of the Pacific. Thi...
