Gulf Oil and Gas accountACCOUNT

Transocean Provides Brazil Frade Field Incident Update

Source: www.gulfoilandgas.com 9/27/2012, Location: South America

Share |
Transocean Ltd announced that at approximately noon Rio De Janeiro time (11 a.m., ET), September 27, 2012, the federal court in Rio de Janeiro served the company with a preliminary injunction requiring that it cease operations in Brazil within 30 calendar days from the date of service. The company is vigorously pursuing the overturn or suspension of the preliminary injunction, including through an appeal to the Superior Court of Justice. Absent relief from the courts, Transocean will be required to comply with the preliminary injunction.

Transocean currently has 10 rigs under contract for work in Brazil, with nine currently in country, and is evaluating rig contracts and collaborating with customers to determine appropriate actions with respect to operations. For the six months ended June 30, 2012, the company's operations in Brazil accounted for approximately 11 percent of consolidated operating revenues.

Oil Spill & Emergency Response News in Brazil >>

Guyana >>  6/22/2017 - SBM Offshore is pleased to announce that ExxonMobil has formally confirmed the award of contracts for the next phase of the Liza project in Guyana. Un...
Bolivia >>  6/20/2017 - Echo Energy plc has signed a binding joint evaluation agreement with Pluspetrol Bolivia Corporation SA (Pluspetrol) which positions the Company to sec...

Mexico >>  6/20/2017 - Eni has been granted 3 of 10 offshore blocks awarded by Mexico’s National Hydrocarbon Commission (CNH) in the Sureste Basin, in the Gulf of Mexico. Th...
Mexico >>  6/19/2017 - In a public session broadcast live, was made the opening of proposals and declaration of Winning Bidders of the Contracts for the Exploration and Extr...

Venezuela >>  6/7/2017 - The Vice President of Planning and Development and external director of Petroleos de Venezuela, SA (PDVSA), Ricardo Menendez, reported on the signing,...
Trinidad and Tobago >>  6/5/2017 - McDermott International, Inc. (MDR) announced it has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) co...

Related Categories: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Hazardous Waste Management  Oil Spill & Emergency Response  Safety Services  Waste Disposal 

Related Articles: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Oil Spill & Emergency Response  Safety Services  Waste Disposal 


Brazil Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |

Oil & Gas Projects in Brazil >>

More News

 

Oil & Gas Companies in Brazil >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.