Aker secures subsea contract from Petrobras for Brazilian Mero 4 project
Petrobras has awarded a contract to Aker Solutions to provide a subsea production system for the Mero 4 project offshore Brazil.
Source: offshore-technology.com
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Brazil's Petrobras, partners return part of Libra production-sharing block
Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now "Since the start of the evaluation activities at the Libra Block, the southeast area that is distinct from the rest was identified as an area with low potential," Petrobras said in a statement. "The conclusion of data processing confirmed this expectation." The Libra production-sharing area was the first subsalt acreage sold under Brazil's production-sharing regime. The first subsalt bid round was held in 2013, with Petrobras partnering with Shell, Total, CNPC and CNOOC to snap u...
Source: spglobal.com