Home / Microsites / The Offshore Frontier (page 20)

The Offshore Frontier

Forum Energy Technologies expands European in-country operations

Forum Energy Technologies has moved to expand its operations in Europe by appointing a new single distributor for its extensive fleet of subsea vehicles across The Netherlands and Belgium. Seascape Subsea Technology BV will represent Forum Energy Technologies for the sale of the company’s range of remote operated vehicles (ROVs) in the two countries, including its recently launched electric ROV, the XLe Spirit. Designed and built in-house at Forum’s Kirkbymoorside facility in Yorkshire, UK, the XLe Spirit is the first offering from the company’s new generation of electric observation class ROVs. “It’s important that we work with the best and most well-respected partners in-country. Seascape Subsea Technology BV provides us with another strong channel complementary to our existing framework to deliver ...

Read More »

Fourth pre-salt round has R$738 million in planned investments

The 4th production sharing round in the pre-salt, held 7 June by ANP, raised R$ 3.15 billion in signing bonuses and R$ 738 million in planned investments on the exploration phase. The goodwill of the profit oil offered in the 4th round was 202.3%. The auction had three of the four offered areas acquired: Uirapuru, Dois Irmãos and Três Marias...

Read More »

Wood Mackenzie highlights Brazil’s fourth pre-salt auction

On 7 June 2018, Brazil held its fourth pre-salt auction, just eight months after the highly competitive second and third pre-salt rounds. PSC Round 4 offered 4,232 km2 across four blocks in the heart of the pre-salt polygon with more than 14 billion bbl of unrisked in-place prospective resources. Three of the four areas were awarded, all of which with Petrobras as the operator, with bids from 11 of the 16 registered companies, setting a record for participation in a PSC auction...

Read More »