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(OM) Petrobras says the first production well has been hooked up to the FPSO Marechal Duque de Caxias at the Mero field in the presalt Santos Basin offshore Brazil. Preparations for startup are now in the final phase. The FPSO, the third permanent production platform over the field, is designed to produce up to 180,000 bbl/d of oil and 12MMcm/d... Continue Reading →
Petrobras ended the 3rd quarter of 2024 (3Q24) with total own production of 2.689 million barrels of oil equivalent per day (boed), a volume practically in line with the previous quarter. Among the operational highlights of the period are the achievement of peak production of the FPSO Sepetiba, in the Mero field, with the start-up... Continue Reading →
(oilnow.gy) TechnipFMC reported third-quarter 2024 revenues of US$2,348.4 million, with a net income of US$274.6 million, or US$0.63 per diluted share. Adjusted net income, which accounts for after-tax charges, was US$280.5 million, or US$0.64 per share. Key factors impacting adjusted net income included a US$60.6 million non-cash tax benefit and an $8.4 million after-tax foreign... Continue Reading →
(TN) Omni Táxi Aéreo, an affiliate of the Omni Helicopters International (OHI) Group, has been selected by Equinor Brasil to operate a new contract, providing aerial support for offshore activities in the Bacalhau field, located in the Santos Basin. The region, which is currently under development, will receive one of the largest FPSOs in the... Continue Reading →
(Reuters) Portugal's Galp Energia on Monday posted a 22% fall in third-quarter adjusted core profit, hit by lower oil output and a sharp drop in refining margins, but earnings still beat estimates for the period. The energy firm reported adjusted earnings before interest, taxes, depreciation and amortization of 820 million euros ($885 million), beating the... Continue Reading →
(OE) Energy technology company Baker Hughes has signed ‘significant’ contracts with Petrobras to provide flexible pipe systems that will be deployed across several oil and gas fields offshore Brazil. Baker Hughes will provide 77 km of flexible pipe systems, including includes risers and flowlines for hydrocarbon production and associated gas and water injection with support... Continue Reading →
(eixos)The Senai Institute for Innovation in Renewable Energy (ISI-ER) and Chinese wind turbine manufacturer Mingyang signed a cooperation agreement on Thursday (24) for activities related to the offshore wind market in Rio Grande do Norte The intention is to develop local capacity. The state has 25.5 GW in projects with licensing requests from Ibama, out... Continue Reading →
The Almirante Tamandaré platform ship has arrived in Brazil. The unit will be installed in the Búzios Field, in the pre-salt layer of the Santos Basin, off the coast of Rio de Janeiro. An FPSO (floating production, storage and offloading unit) platform, Almirante Tamandaré is the first high-capacity unit to be installed in the field,... Continue Reading →
(OE) Norwegian offshore vessel owner Solstad Offshore has secured multiple contract awards with clients in Brazil for two of its anchor handling tug supply (AHTS) vessels and one construction support vessel (CSV). Solstad’s Normand Topazio and Normand Turmalina AHTS vessels have been awarded one-year contracts each, starting in October and November 2024, respectively. Both awards... Continue Reading →
(Reuters) - Miner BHP Group said on Friday it has reached a R$170 billion ($29.93 billion) final settlement with Public Authorities in Brazil for reparation of Samarco's Fundão dam failure. A federal judge in Brazil had ruled in February that BHP and Vale and their joint venture, Samarco, must pay up to 47.6 billion reais in... Continue Reading →
Brazil Energy Insight 