Wood Group clinches Brazil contract

Wood Group has won a contract for a platform from Brazilian oil and gas company PetroRio, the international energy services provider announced Thursday.

Under the terms of the two-year contract, Wood Group will provide operation and maintenance services for PetroRio’s Polvo A platform, which is located 100 kilometres off the coast of Rio de Janeiro.

Wood Group recently completed a previous contract for the Polvo field early last year for integrity management support.

Located in the Campos Basin, the Polvo field spans 134 square kilometres and has a fixed production and drilling platform connected to a floating production, storage and offloading vessel.

PetroRio has a 60-percent stake in the field but gained approval in December 2015 from Brazil’s national oil regulator to acquire the remaining interest.

For more news and features on Brazil, click here.

Recent Posts

UK allows oil exploration in North Sea wind project zones

The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More

1 day ago

ExxonMobil closes acquisition of Pioneer, creating Permian powerhouse

ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More

1 day ago

BP-Eni joint venture Azule Energy enters Namibia’s Orange Basin

BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More

1 day ago

Chariot starts gas drilling campaign in Morocco

Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More

1 day ago

Touchstone acquires Trinidad E&P player Trinity

Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More

2 days ago

ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG

ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More

2 days ago

This website uses cookies.