Marine Technology Reporter Blogs - offshore

According to Petrobras and many other players involved in the O&G market, Rio de Janeiro is the new oil capital of the world.Now that actually may come to be, but there is still a ways to go. As it is, we are all happy campers down here. It is not hard to tell that the simple possibility of this happening is blowing minds and aggravating some players, especially in Houston. The fact is that what goes up must eventually come down and that´s just the way it is. I must admit that for a Brazilian like me, a middle class wanna be, the numbers are quite thrilling. However, there is no running from the fact that the challenges are many. You can have all the oil in the world…

Starfish Oil & Gas is not exactly a new player, since the company was founded in 1999. As the first private national O&G operator in Brazil and classified as a B class operator by ANP (National Petroleum Agency), Starfish has participation in a variety of onshore and offshore blocks in Brazil and in Angola. The company is structured as a closed capital corporation with capital stock of R$ 82.365 million (US$ 46,533 million, at the current exchange rate). The company´s stock is divided in 502.62 thousand common shares, distributed among 80 shareholders in Brazil and abroad. The first opportunities in the O&G market were identified by the company in the group of licenses granted by the National Petroleum Agency (ANP) to Petrobras in the so-called Round Zero, in August of 1998.

Today was the last day of the Navalshore 2010 maritime and offshore industry conference and fair in Rio de Janeiro, Brazil. Since Wednesday, shipbuilding and maritime equipment industry businessmen from the four corners of the globe have been demonstrating and negotiating their products. At the same time and as an integral part of the event, various conferences have taken place, all related to shipping, shipbuilding and the offshore (O&G) industries.The conferences comprised everything from market forecasts, supply chain demands and expectations, market regulation and business financing, including a very enlightening exposition on the sustainability of the Brazilian shipbuilding industry by Professor Floriano Pires – Ocean Engineering Program of COPPE…

NAVALSHORE 2010 - Trade show and conference for the maritime and offshore industry to take pace next week in Rio de Janeiro, Brazil.Organized in Rio de Janeiro since 2004, Navalshore has become the main event for the maritime industry in the Brazil. The 2009 edition gathered 259 companies from many countries such as:  United States, United Kingdom, Germany, Netherlands, China, Italy, Singapore, Austria, Sweden, Poland, Norway, Finland, Chile, Denmark, Argentina, and Brazil. 12,600 professionals from marine construction and repairs attended the event. UBM as organizer of a number of the leading events in the maritime industry, all with international recognition…

GE O&G has been awarded a contract valued at $160 million to supply gas turbine and compressor equipment by Petrobras Neatherlands BV (PNBV).The equipment will be deployed on two FPSOs (P-58 and P-62) for E&P in oil fields located in Brazilian offshore plays. This important $160 million contract is related to power generation and compressor equipment packages to be deployed on two Petrobras FPSO units slated to work the north side of the Parque das Baleias (Whale Park) O&G fields and at the Roncador field at the Campos Basin. These combined will support production of 360,000 barrels of oil per day. The FPSOs are scheduled to go online in 2013.