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26 Dec 2018

Soldier-run PDVSA and AWOL Oil Output

© natanaelginting/Adobe Stock

Last July 6, Major General Manuel Quevedo joined his wife, a Catholic priest and a gathering of oil workers in prayer in a conference room at the headquarters of Petroleos de Venezuela SA, or PDVSA.The career military officer, who for the past year has been boss at the troubled state-owned oil company, was at no ordinary mass. The gathering, rather, was a ceremony at which he and other senior oil ministry officials asked God to boost oil output."This place of peace and spirituality…

26 Jan 2015

Petrobras Probe Points to Pension Fund

Clarification: This story has been updated to include the full name a company which is under investigation for involvement in a corruption scandal with Petrobras. The name of the Brazilian company is UTC Engenharia, not UTC as initially reported. There are several global companies known as UTC, and only the Brazilian firm UTC Engenharia is implicated. Brazil's state-run oil company Petrobras on Monday said a growing corruption scandal may implicate its employee pension fund and has led to a freeze on payments to 23 contractors allegedly involved in the scheme. Petros, the 66 billion real ($24 billion) employee-pension fund of Petroleo Brasileiro SA, as Petrobras is formally known, was singled out by an internal investigation, Petrobras said in a statement.

19 Jun 2013

New FPSO Heading for Station Offshore Brazil

Petrobas's FPSO P-63 has left the Quip/Honório Bicalho shipyard in the city of Rio Grande (RS) after the modules were integrated and the platform commissioned. With a capacity to process 140,000 barrels of oil/day and compress one million m3 of gas /day, the unit is going to the Papa-Terra field in the post-salt Campos Basin, operated by Petrobras (62.5%) in partnership with Chevron (37.5%). The P-63 was converted into an FPSO from the tanker BW Nisa, at the Cosco Shipyard in China. The unit arrived in Brazil in January this year for its final construction stages. Altogether 23 process plant modules were installed and interconnected.

09 Jan 2013

IESA Selects Intergraph for FPSO Project

IESA Selects Intergraph Solutions to Build Up to Eight Floating, Production, Storage and Offloading Vessels; Sisgraph to provide major Brazilian engineering and construction company with training and support for project. Brazilian engineering company IESA has selected Intergraph SmartMarine and SmartPlant Enterprise solutions, provided by Sisgraph, as part of a project with Petrobras, one of the world's largest energy companies. IESA will supply Petrobras with 24 compression modules for six identical floating, production, storage and offloading (FPSO) vessels, with an option for delivery of eight modules to the other two FPSOs. Sao Paulo, Brazil-based Sisgraph has been a provider of Intergraph solutions in South America for more than 30 years.

09 Jan 2013

Brazil FPSO Constructors Choose Intergraph CAD Solutions

Brazilian engineering company IESA selects Intergraph® Solutions to build up to 8 Floating, Production, Storage and Offloading Vessels (FPSO's). Brazil-based Sisgraph has been a provider of Intergraph® solutions in South America for more than 30 years, and is to provide the major Brazilian engineering and construction company with training and support for project. IESA has selected Intergraph® SmartMarine® and SmartPlant® Enterprise solutions, provided by Sisgraph, as part of a project with Petrobras, one of the world's largest energy companies. IESA will supply Petrobras with 24 compression modules for six identical floating, production, storage and offloading (FPSO) vessels, with an option for delivery of eight modules to the other two FPSOs.

23 Jul 2012

Petrobas Action Ten Brazil Contracts for FPSO Modules

Photo credit Petrobas

Petrobras subsidiaries Tupi BV and Guará BV, together with consortium members BG Group, Petrogal Brasil, and Repsol Sinopec Brasil SA, have given the go-ahead for ten contracts totaling US$4.5 billion for the construction of the first six topside modules (processing plant, utilities and living quarters) for eight identical (“Replicant”) FPSOs (Floating, Production, Storage and Offloading units). The modules are to be constructed in Brazil for pre-salt projects (a geophysical layer) in Santos Basin blocks BM-S-9 and BM-S-11. The contracts will be signed in the next few days.

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