The Brazilian Institute of the Environment (IBAMA) authorized Petrobras to start operating the FPSO Almirante Barroso – which is already moored in the Búzios field, in the Santos Basin. The license will be valid for eight years. The platform vessel was named in honor of the commander who led the victorious Brazilian naval force in... Continue Reading →
Wärtsilä lands FPSO operation and maintenance job off Brazil
Finland-headquartered technology group Wärtsilä has been picked to operate power modules onboard a floating production, storage and offloading (FPSO) vessel, working offshore Brazil. In addition, the Finnish player inked a long-term optimised maintenance agreement with 3R Petroleum, a Brazilian offshore operator. Wärtsilä revealed on Wednesday, 12 April 2023, that it would operate – on behalf of the... Continue Reading →
Third FPSO Arrives in Guyana’s Stabroek Block
(OE) Dutch FPSO specialist SBM Offshore on Tuesday announced the arrival of the FPSO Prosperity at the Stabroek Block offshore Guyana. The FPSO traveled just over 11,000 nautical miles – or just over 20,000 kilometers - from Singapore to Guyana in just under 50 days. On track for first oil later this year, Prosperity becomes... Continue Reading →
GE to Deliver “Heart” for Two Petrobras FPSOs
(OE) GE Power Conversion said Tuesday it had recently secured a contract with Singapore-based Keppel Shipyard to supply and deliver two electrical modules for the Petrobras P-80 and P-83 FPSOs. "The integrated electrical module to be provided by GE Power Conversion is considered the “heart” of the platform as it provides all the distributed energy... Continue Reading →
BW Energy Achieves First Oil at Hibiscus/Ruche Development off Gabon
BW Energy on Monday announced it has achieved first oil from the Hibiscus / Ruche Phase 1 development in the Dussafu license offshore Gabon. "Production performance from the first well has been in line with expectations and is currently stabilized at approximately 6,000 barrels per day," the Oslo-listed E&P company said in a statement. "We... Continue Reading →
Brazil pre salt hits new production record in February
A new record for the successful history of the Brazilian pre-salt. The National Petroleum Agency (ANP) announced that production in the layer in February totaled 3.268 million barrels of oil equivalent per day, growth of 2.3% compared to January. The volume surpassed the previous record of 3.142 million barrels of oil equivalent per day, recorded... Continue Reading →
PRIO on start of production of N5P2 well
Petro Rio S.A. (“Company” or “PRIO”) (B3: PRIO3), informs its shareholders and the market in general of the start of production of the 7-FR-61HP-RJS (“N5P2”) well, in the Frade Field (“Field” or “Frade”), with stabilized initial production of approximately 11,000 barrels of oil per day, above original projections. Thus, the Field has reached 50,000 barrels... Continue Reading →
Construction of Brazil-bound P-82 FPSO kicks off at Chinese shipyard
(OEM) Chinese shipbuilder COSCO Shipping Offshore Engineering has held a groundbreaking ceremony in Qidong for the construction of a floating, production, storage and offloading (FPSO) vessel, which is destined to work for Petrobras in the Santos Basin pre-salt area offshore Brazil. The Chinese company says that it held the groundbreaking ceremony for the P-82 FPSO, which it describes as “the... Continue Reading →
Exxon Mobil Ends Brazil Offshore Oil Hunt after Third Failed Attempt – WSJ
Exxon Mobil Corp has ended a major campaign to find oil in Brazil, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The oil and gas giant has stopped current drilling at the offshore acreage it started snapping up with partners for $4 billion in 2017, after failing for the third time to... Continue Reading →
Karoon interrupts production in the Bauna and Patola Fields
Karoon Energy announced that it has temporarily stopped production at Baúna and Patola, in the Santos Basin, due to a loss of containment incident associated with the high pressure flare at FPSO Cidade de Itajaí. Altera&Ocyan, operator of the FPSO, mobilized a team of specialists to identify the source of the leak and carry out... Continue Reading →