Search results for: Schahin Group

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  • 13 November 2012
    Business & Finance

    MODEC announced today that Petróleo Brasileiro S.A. (“Petrobras”), through its subsidiary Tupi B.V., on behalf of Consortium BM-S-11, has signed a Letter of Intent (LoI) for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-11 block (Lula – Iracema Area) Block in the giant “pre-salt” region of […]

  • 14 November 2012
    Business & Finance, Project & Tenders

    MODEC announced that Petróleo Brasileiro S.A. (“Petrobras”), through its subsidiary Tupi B.V., on behalf of Consortium BM-S-11, has signed a Letter of Intent (LoI) for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-11 block (Lula – Iracema Area) Block in the giant “pre-salt” region of the […]

  • 25 August 2010
    Business & Finance

    MODEC announced that Petrobras, through its wholly owned subsidiary PNBV, on behalf of Consortium BM-S-9, has signed a letter of intent for the supply, respectively, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-9 (Guara) Block in the giant “pre-salt” region of the Santos Basin (“Letter of Intent”). The […]

  • 13 November 2012
    Business & Finance

    MODEC announced today that Brazil’s oil company Petrobras has signed a Letter of Intent (LoI) for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-11 block (Lula – Iracema Area) Block in the giant “pre-salt” region of the Santos Basin with its water depth of 2,240m. The […]

  • 29 September 2011
    Business & Finance

      MODEC announced today that Petróleo Brasileiro S.A. (“Petrobras”), through its subsidiary Tupi B.V., on behalf of Consortium BM-S-11, has signed a Letter of Intent (LoI) for the supply, respectively, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-11 block (Cernambi South) in the giant “pre-salt” region of the […]

  • 29 September 2011

    MODEC announced today that Petróleo Brasileiro S.A, through its subsidiary Tupi B.V., on behalf of Consortium BM-S-11, has signed a Letter of Intent (LoI) for the supply, respectively, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-11 block (Cernambi South) in the giant “pre-salt” region of the Santos Basin […]

  • 29 September 2011
    Business & Finance

    MODEC announced today that Petróleo Brasileiro S.A. (“Petrobras”), through its subsidiary Tupi B.V., on behalf of Consortium BM-S-11, has signed a Letter of Intent (LoI) for the supply, respectively, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-11 block (Cernambi South) in the giant “pre-salt” region of the Santos […]

  • 13 November 2012

    MODEC announced today that Petróleo Brasileiro S.A. (“Petrobras”), through its subsidiary Tupi B.V., on behalf of Consortium BM-S-11, has signed a Letter of Intent (LoI) for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-11 block (Lula – Iracema Area) Block in the giant “pre-salt” region of […]

  • 6 November 2013
    Business & Finance

    MODEC, Inc. announced yesterday that Petróleo Brasileiro S.A. through its subsidiary Guara B.V., on behalf of Consortium BM-S-9, has awarded Charter Contract for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-9 block (Carioca Area) in the giant “pre-salt” region of the Santos Basin. This announcement is […]

  • 5 November 2013

    MODEC, Inc. announced today that Petróleo Brasileiro S.A., through its subsidiary Guara B.V., on behalf of Consortium BM-S-9, has awarded Charter Contract for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-9 block (Carioca Area) in the giant “pre-salt” region of the Santos Basin. This announcement is further to the […]

  • 5 November 2013
    Business & Finance, Project & Tenders

    MODEC, Inc. (“MODEC”) announced that Petróleo Brasileiro S.A. (“Petrobras”), through its subsidiary Guara B.V., on behalf of Consortium BM-S-9, has awarded Charter Contract for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-9 block (Carioca Area) in the giant “pre-salt” region of the Santos Basin. This announcement […]

  • 2 December 2014
    Business & Finance, Project & Tenders

    MODEC, Inc. and its Brazilian partner Schahin Group will deliver a Floating, Production, Storage, and Offloading (FPSO) vessel for Petrobras’ Tartaruga Verde and Tartaruga Mestica fields in the Campos Basin, offshore Brazil. The FPSO will be deployed at the Petrobras owned BM‐ C‐36 block in water depth of 765 meters. Offshore Energy Today previously reported that three […]

  • 19 December 2011
    Business & Finance

    In one of the most significant cross-border financings involving Brazil’s offshore energy sector this year, Milbank, Tweed, Hadley & McCloy LLP has represented a consortium of major international lenders providing a US$692 million debt facility for the purchase of the Black Diamond I deepwater drillship by Schahin Group. The Brazilian energy and construction conglomerate is […]

  • 19 December 2011

    In one of the most significant cross-border financings involving Brazil’s offshore energy sector this year, Milbank, Tweed, Hadley & McCloy LLP has represented a consortium of major international lenders providing a US$692 million debt facility for the purchase of the Black Diamond I deepwater drillship by Schahin Group. The Brazilian energy and construction conglomerate is […]

  • 25 May 2011
    Business & Finance

    MODEC, Inc., Mitsui & Co., Ltd.  and Mitsubishi Corporation,Mitsubishi, have agreed to invest in building and chartering a floating production, storage, and offloading system (FPSO) to GUARA B.V, a Dutch company belonging to BM-S-9 consortium members. The FPSO will be delivered offshore Brazil and used to develop the giant pre-salt region of the Santos Basin, […]

  • 30 January 2017
    Exploration & Production

    U.S.-based Dleif Drilling has rejected an offer made by Borr Drilling, formerly known as Magni Drilling, for the sale of the drillship Sertão.  Dleif received the offer for the drillship in November 2016 from the then Magni Drilling. The $75 million offer was not accepted by Dleif and subsequently expired on November 22, 2016, although conversations with […]

  • 25 May 2011
    Business & Finance

      MODEC, Inc., Mitsui & Co., Ltd.  and Mitsubishi Corporation,Mitsubishi, have agreed to invest in building and chartering a floating production, storage, and offloading system (FPSO) to GUARA B.V, a Dutch company belonging to BM-S-9 consortium members. The FPSO will be delivered offshore Brazil and used to develop the giant pre-salt region of the Santos […]

  • 19 December 2011
    Business & Finance

    In one of the most significant cross-border financings involving Brazil’s offshore energy sector this year, Milbank, Tweed, Hadley & McCloy LLP​ has represented a consortium of major international lenders providing a US$692 million debt facility for the purchase of the Black Diamond I deepwater drillship by Schahin Group. The Brazilian energy and construction conglomerate is […]

  • 22 March 2013

    Japan’s FPSO builder Modec has announced that Mitsui, MOL and Marubeni today entered into definitive agreements to invest in a long-term charter business operated by MODEC for the purpose of providing a floating production, storage, and offloading system (FPSO)  for use in Brazil. The offshore area is operator by Petrobras. Construction of the FPSO will involve the conversion of […]

  • 18 December 2013
    Business & Finance

    Mitsui, MOL and Marubeni will invest in a long-term charter business currently promoted by MODEC for the purpose of providing a floating production, storage, and offloading system (“the FPSO”) for use in the Carioca area of a pre-salt oil field off the coast of Brazil. Based on these agreements, Mitsui, MOL and Marubeni will invest […]

  • 18 December 2013
    Business & Finance, Project & Tenders

    MODEC, Inc., Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business currently promoted by MODEC for the purpose of providing a floating production, storage, and offloading system (FPSO) for use in the Carioca area of a pre-salt oil field […]

  • 18 December 2013
    Business & Finance

    MODEC, Inc., Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business currently promoted by MODEC for the purpose of providing a floating production, storage, and offloading system (FPSO) for use in the Carioca area of a pre-salt oil field […]