Tag: Brazil

Wintershall is continuing its growth course and has now been awarded exploration licenses in Brazil. In its 15th bidding round, Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has awarded interests in seven licenses to Germany's largest internationally active oil and gas producer.

An average capex of USD 18.2bn per year is forecast to be spent on 382 oil and gas fields in Brazil between 2018 and 2020, according to GlobalData.

Sapura Energy Bhd has bagged five contracts worth a combined RM1.47B. They include work in relation to the Pan Malaysia Transportation and installation of offshore facilities for Petronas Carigali Sdn Bhd and Sarawak Shell Bhd.

Subsea 7 S.A. announced the award of contract extensions for three Pipelay Support Vessels (PLSVs) currently on long-term day-rate contracts offshore Brazil.

Vale has informed that Fabio Schvartsman was appointed Vale's CEO. Fabio Schvartsman has a graduate and post-graduate degree in production engineering from the University of São Paulo and a post-graduate degree in Business Administration from Fundação Getúlio Vargas.

Wärtsilä signed a contract with Imetame Energia recently to supply a 28 MW natural gas power plant to UTE Prosperidade I in Brazil.

Technip and DOF Subsea has recently declared that through their 50/50 owned affiliate TechDof Brasil AS, they have taken final delivery of the pipe-lay support vessel (PLSV) Skandi Açu.

ArcelorMittal Tubarão has awarded a four-year contract for the maintenance of security and control valves to SGS. ArcelorMittal Tubarão has a production capacity of 7.5 million tons of steel per year.

The Van Leeuwen Pipe and Tube Group reported a solid performance in 2014 under challenging market conditions. Sales grew slightly in 2014, in part due to acquisitions and projects.

Vallourec supplied seamless steel pipes to create a high road for the tracks for the Maglev-Cobra magnetic levitation train, being currently tested in Rio de Janeiro, Brazil, which levitates silently on magnetic tracks, at an average speed of 70 km/hour.