SBM Offshore has issued a progress report on various FPSO construction programs in its latest results statement. The third stage flash gas compressor on the Liza Destiny, which operates on the Liza field offshore Guyana, remains stable and continues to operate. Engineering is in progress on a re-designed flash gas compressor, which should be installed around mid-year.... Continue Reading →
Petrobras sets records for pre-salt production, gas use
(OM) Petrobras achieved record presalt production from its fields offshore Brazil last year, averaging 1.95 MMboe/d. This represented 70% of the company’s total production, and is twice as much as the total presalt output from five years earlier. Late last month the FPSO Guanabara arrived at the Mero field in the pre-salt Santos basin. The vessel, the first at... Continue Reading →
FPSO Cidade de Anchieta Stopped Production after Oil Leak Detected
The FPSO Cidade de Anchieta, currently in the Parque das Baleias area, on the coast of Espírito Santo, had its production paralyzed after the presence of oil was discovered near the unit. The information was revealed in the 2021 financial and operational report of the Dutch SBM Offshore, which charters the vessel to Petrobras. The... Continue Reading →
TotalEnergies abandons deepwater Gulf of Mexico project to pursue better ones
French energy major TotalEnergies is withdrawing from its operated project located in the deepwater Gulf of Mexico to focus on better opportunities to allocate its capital. TotalEnergies informed on Thursday that its affiliate, TotalEnergies E&P USA, decided not to sanction and so to withdraw from the North Platte deepwater project in the U.S. Gulf of Mexico. The... Continue Reading →
Enauta closes purchase of existing FPSO, making room for first oil in 2024
Brazilian oil and gas company Enauta has concluded the purchase of an FPSO for the Definitive System of its operated Atlanta field located off Brazil. Following a letter of intent from December 2021, Enauta entered into an agreement with Yinson to buy the FPSO OSX-2 in January 2022. The agreement was contingent on compliance with the agreed... Continue Reading →
Petrobras: Highlights on Production and Sales in 2021
Petrobras posted an excellent operational performance in 2021, reaching all production targets for the year with the achievement of the following marks: The highlights for 2021 were: FPSO Carioca production start-up, on August 23, the first platform in Sépia field, in Santos Basin pre-salt. Throughout the year, 3 new producing wells were connected and currently... Continue Reading →
Keppel Offshore & Marine Reels in $186M in New Contracts
Singapore's Keppel Offshore & Marine said Wednesday it had secured contracts worth around S$250 million (~$186 million) for the conversion of a Floating Storage and Regasification Unit (FSRU), integration of a Floating Production Storage and Offloading (FPSO) vessel, and the "jumboisation" of two Trailing Suction Hopper Dredgers (TSHD). For the first contract, Keppel Shipyard has... Continue Reading →
Enauta Books Semi-Submersible Rig for Atlanta Field Drilling
Brazilian oil company Enauta has hired the Alpha Star semi-submersible drilling rig to drill the fourth production well at its Atlanta field in the Santos Basin, offshore Brazil. Enauta expects to start drilling in the fourth quarter of 2022. The contract could eventually be extended to include two more wells for Atlanta’s Full Development System.... Continue Reading →
Analysts predict surge of idle FPSOs as market overflows
(EV) More than 20 floating production storage and offloading (FPSO) vessels are currently awaiting redeployment across the globe. Data from Westwood Global Energy Group has laid bare how “saturated and complicated” it is to relocate units after their initial work scope has wrapped up. And the market could soon become even more flooded, with 56 planned and... Continue Reading →
Yinson to Deliver FPSO for Petrobras’ Parque das Baleias Integrated Project
Malaysian FPSO supplier Yinson has won a contract with Brazil's Petrobras for the delivery of an FPSO for the deployment at the Parque das Baleias Integrated Project, to be installed in the Jubarte Field, located in the north of Campos Basin, offshore Brazil. Petrobras has signed contracts with Yinson's subsidiaries for the chartering and provision... Continue Reading →