BG Group 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 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. Read full article
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Disclaimer & comment rulesBG Group is a 'western' company with a global reach. It is subject to UK corporate governance and is listed on the London Stock exchange.
Aug 05th, 2015 - 10:50 am - Link - Report abuse 0It is a British multinational.
Over to you Brasileiro!
Oh, just an aside. Unsurprisingly Argentina still owes BG Group $185 million from 2003, after breaking a contract first signed in 1990.
http://www.lexology.com/library/detail.aspx?g=d16e744c-691a-4015-b02e-73fbea93d785
BG Group. Haha once part of British Gas and soon to be part of Royal Dutch Shell.
Aug 05th, 2015 - 11:37 am - Link - Report abuse 0Petrobras could not function without 'western' help.
Aug 05th, 2015 - 11:55 am - Link - Report abuse 0Proof in the article above.
Over to you Brasileiro!
Brasshole! Comment please. BTW hows the Olympic venues going? Are they cleaning up that shitlake so the sailing can go ahead?
Aug 05th, 2015 - 12:12 pm - Link - Report abuse 0Our argie friends should note this vessel. It's an FPSO. That's a floating production, storage and off'loading unit. https://en.wikipedia.org/wiki/Fpso
Aug 05th, 2015 - 12:19 pm - Link - Report abuse 0150,000 barrels per day and a storage capacity of 1.6 million barrels. Just a mid-range vessel. Every so often a tanker pulls alongside and transfers the stored oil. A VLCC can take the entire capacity as one load.
Where's the need for argie co-operation on land? Still, probably won't see them. FPSO turns up in Falklands EEZ, links to drill rig and starts work. VLCC turns up every couple of days to load stored, processed oil and then departs. Followed by the LNG carrier.
And argieland never gets to see a drip. Presumably, argieland finally realised that its bit of dirt wasn't needed. Thus the desperate attempts to find another way to steal. Here's some tips, argies. Do you think the Falklands oil fields can supply jet and marine fuels? Do you think that Royal Air Force and Royal Navy units will re-supply on the Falklands? Could those Typhoons be able to sortie virtually continuously? Could the Royal Navy only need the Royal Fleet Auxiliary for munitions? Like Malta, could the Falkland Islands be honoured for its role in resisting brigands and state-sponsored terrorists?
Brazzo Burraaaaaldoooo.......where aaaaare youuuuu ??
Aug 05th, 2015 - 05:02 pm - Link - Report abuse 0Anxiously waiting for your indispensable comments on BG, a multinational company....or rather, as you say, numbnuts, ' a western'.....
No comment.
Aug 05th, 2015 - 07:46 pm - Link - Report abuse 0@7
Aug 05th, 2015 - 08:02 pm - Link - Report abuse 0I thought so...utterly useless.
Brasileiro. Blown out of the water. Again!
Aug 05th, 2015 - 11:39 pm - Link - Report abuse 0Lol!
It ranks as Brasileiro's most intelligent comment ever.
Aug 05th, 2015 - 11:58 pm - Link - Report abuse 0@10 skip
Aug 06th, 2015 - 02:22 am - Link - Report abuse 0Heard Dat!
Respec !
Saudi Arabia may go broke before the US oil industry buckles
Aug 06th, 2015 - 05:09 am - Link - Report abuse 0It is too late for OPEC to stop the shale revolution”
http://www.telegraph.co.uk/finance/oilprices/11768136/Saudi-Arabia-may-go-broke-before-the-US-oil-industry-buckles.html
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