Killajoules

Technip awarded a substantial contract to supply the first flexible pipes for the Libra pre-salt field
Technip was awarded a substantial(1) contract from Libra Oil & Gas BV, a consortium led by Petrobras Netherland BV (40%) and partners: Shell (20%), Total (20%), CNOOC (10%) and CNPC (10%).

Rosneft Closes the Deal with PetroRio and Becomes the Holder of 100% of the Solimoes Project
Rosneft Brasil (100% owned Rosneft subsidiary) and Petro Rio S.A. (PetroRio) announce the closing of the Rosneft Brasil transaction to acquire PetroRio’s 55% in the Solimões project. Closing follows formal approval of the transaction by ANP (Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis – Brazil).

Peregrino marks 100 million barrels produced
After just four years in production, the Peregrino field in the Campos basin offshore Brazil has passed a significant milestone, with 100 million barrels of oil produced since April 2011.

BG Group starts up sixth FPSO in the Santos Basin, offshore Brazil
BG Group (LSE: BG.L), a world leader in exploration and LNG, today announced first oil from the Cidade de Itaguaí floating, production, storage and offloading (FPSO) vessel, the sixth unit to start production across the Group's significant discoveries in the Santos Basin, offshore Brazil. The FPSO will produce from the Iracema North area of the Lula field in the Petrobras-operated BM-S-11 block.

FPSO Cidade de Itaguaí arrives in Lula field
The floating production, storage and offloading unit (FPSO) Cidade de Itaguaí is now anchored in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin, off the coast of Rio de Janeiro. The platform-ship is able to produce 150,000 barrels of oil and compress 8 million cubic meters of natural gas per day. Oil production in the field is scheduled to begin in the third quarter of this year.

Technip selected by Jurong Shipyard Pte Ltd for a FPSO conversion contract
Technip has been awarded a topsides detailed engineering and procurement services contract by Jurong Shipyard Pte Ltd. The project is part of the conversion of a shuttle tanker into a floating, production, storage and offloading (FPSO) vessel, which is built at the Jurong Shipyard, located in Singapore.

Rosneft Becomes the Holder of 100% of the Solimoes Project
Rosneft Brasil (100% owned Rosneft subsidiary) and PetroRio (the new brand of HRT Participações em Petróleo S.A.) announce the signing of the Rosneft Brasil transaction to acquire PetroRio’s 55% in the Solimões project. Closing will follow formal approval of the transaction by ANP (Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis – Brazil) which is anticipated in mid 2015. The transaction completes agreements reached between Rosneft Brasil and HRT in 2014 in July 2014.

FPSO Petrojarl I dry-docked at Damen Shiprepair Rotterdam for EPC Redeployment Upgrade
After four months of preliminary work alongside, FPSO Petrojarl I moved on April 16, 2015 into Damen Shiprepair Rotterdam’s 307m long x 47 m wide dry dock no 8 for work to the hull. In all, the vessel will spend a year at DSR before heading off to the South Atlantic. The Teekay managed FPSO arrived at Damen Shiprepair Rotterdam in January 2015.

Subsea 7 S.A. awarded contract offshore Brazil
Subsea 7 S.A. (Oslo Børs: SUBC) has been awarded a contract worth approximately USD$200 million with a duration of approximately two years. The contract is for the installation of flexible lines for Petrobras' projects using Subsea 7's construction and flex-lay vessel Seven Seas, on a day-rate basis. The vessel has been operating for Petrobras under a similar day-rate contract since 2013 and will commence the new contract in direct continuation to the current one.

MODEC, Mitsui, MOL and Marubeni to Proceed with the Deepwater FPSO Charter Project for Tartaruga Verde & Tartaruga Mestiça Oil F
MODEC, Inc. (“MODEC,” head office: Chuo-ku, Tokyo; president: Toshiro Miyazaki), Mitsui & Co., Ltd. (“Mitsui,” head office: Chiyoda-ku, Tokyo; president: Tatsuo Yasunaga), Mitsui O.S.K. Lines, Ltd. (“MOL,” head office: Minato-ku, Tokyo; president: Koichi Muto) and Marubeni Corporation (“Marubeni,” head office: Chiyoda-ku, Tokyo; president: Fumiya Kokubu) have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business (“the Project”) currently promoted by MODEC for the purpose of providing a floating production, storage, and offloading system (“the FPSO”) for use in the Tartaruga Verde and Tartaruga Mestiça oil fields off the coast of Brazil. The above four companies (“the Companies”) have entered into related agreements today.