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Petrobras, Sete and Keppel select electrical solution for new drilling rigs

GE to power pre-salt semisubmersible drilling vessels The Brazilian national oil company Petroleo Brasileiro SA (Petrobras), Sete Brazil Participaçoes SA (Sete) and its contractor Keppel Fels do Brazil SA (Keppel) have selected GE’s Power Conversion electrical solutions to power and propel the first series of six semisubmersible drilling rigs. Petrobras is the operator imposing the key requirements […]

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Sete Brasil in brief

Sete is made for Brazil. Our history is just beginning. Sete Brasil Participações S.A. (Sete) was established in 2011 by Petrobras to meet the booming demand for drilling rigs in Brazil for the exploration and production of the pre-salt oil and gas fields. These pre-salt oil and gas fields are located:  – Far offshore, between 200 and […]

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Petrobras to open bids on P74-P75 and to tender P76-P77

Petrobras moves on Tupi and Franco FPSOs Topsides  Petrobras is ready to open publicly the bids submitted for the topsides packages of the floating production, storage and offloading (FPSO) vessels called P-74 and P-75. In parallel, Petrobras is preparing the call for tender (CFT) for the tow following FPSOs, the so called, P-76 and P-77. All these […]

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Lundin Petroleum in brief

Delivering Organic Value Created in 1981 under the name of International Petroleum, the company became Lundin Petroleum (Lundin) as a result of the merger with the Sands Petroleum in 1997. Home-based in Stockholm, Sweden, Lundin is listed in Stockholm, Nasdaq and Toronto. Managed by the Lundin familly, Lundin is an independent company focusing on oil […]

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OMV takes 20% stakes in Edvard Grieg (Luno) North Sea development

OMV to replace RWE in Lundin’s Edvard Grieg project In October 2012, the Austrian-based OMV took over the 20% share held so far by the German RWE in the Edvard Grieg offshore project just after that Statoil had acquired 15% from Wintershall in the same project.  Previously called Luna, the Edvard Grieg project is led […]

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ExxonMobil to acquire Celtic Exploration in western Canada

ExxonMobil steps in liquids-rich Montney shale acreage October 2012, ExxonMobil announced to acquire the Canadian company Celtic Exploration (Celtic) for the amount of $3.15 billion. ExxonMobil has already a strong presence in Canada since the 1940s in beginning with offshore exploration and production  in Nova Scotia with the Sable project and in Newfoundland with Hibernia project. […]

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