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Japanese FPSO giant MODEC has ordered a seawater treatment package for the FPSO Almirante Barroso from Veolia Water Technologies. Under the contract, Veolia will be responsible for the design and procurement of equipment with construction for a seawater treatment plant sized for 280,200 BPD (44,450 m3 /day) of low sulfate water for the Almirante Barroso... Continue Reading →
Brazil’s offshore construction specialist Estaleiros do Brasil Ltda (EBR) has completed the construction of two modules for the FPSO Guanabara MV31. The FPSO is being built by MODEC Offshore Production Systems Singapore and will operate in the Mero field in the giant pre-salt region offshore Brazil. EBR said on Friday that the modules, shipped on... Continue Reading →
Jan 31, 2020 In 2019, the Brazilian production of oil and natural gas was 3.559 million barrels equivalent per day (MMboe / d), totaling 1.299 billion barrels of oil equivalent, an increase of 8.1% in relation to 2018. The State of Rio de Janeiro, where the Lula and Búzios fields are located, has been increasing... Continue Reading →
Jan 30, 2020 With the possibility of postponing to 2021 the auctions under the sharing regime and the surplus Transfer of Rights of the Sépia and Atapu areas, the market's attention is focused on the next auction in the concession model, the 17th Bidding Round of the National Agency Petroleum, Natural Gas and Biofuels (ANP),... Continue Reading →
Norway’s Equinor has entered into Front End Engineering and Design (FEED) contracts with early commitments and pre-investments for phase 1 of the Bacalhau (formerly Carcará) area in Brazil. Contractors have been selected for both the SURF (Subsea, Umbilical, Risers and Flowlines) and the FPSO (Floating Production, Storage and Offloading) contracts, Equinor said on Thursday. Subsea... Continue Reading →
Japanese companies have teamed up to proceed with a charter project for the deepwater FPSO for the Petrobras-operated Marlim field located offshore Brazil. MODEC, Mitsui, Mitsui O.S.K. Lines (MOL), and Marubeni have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business currently promoted by MODEC for the purpose of providing an... Continue Reading →
Japan’s MODEC has signed a sales and purchase agreement (SPA) with Equinor to supply a floating production storage and offloading (FPSO) vessel for the Bacalhau (formerly Carcará) field offshore Brazil. MODEC was awarded a Pre-Front End Engineering Design (Pre-FEED) contract for the FPSO in December 2018 and has now been selected as the turnkey contractor... Continue Reading →
Subsea Integration Alliance, a JV between Subsea 7 and OneSubsea, has been awarded an exclusive contract by Equinor for the Front End Engineering Design (FEED) study for the SURF (Subsea, Umbilical, Risers and Flowlines) on its Bacalhau (formerly Carcará) project, offshore Brazil. The awarded work is required to finalize the technical definition of the proposed field development... Continue Reading →
Set to deploy 21 FPSOs by 2025, Brazil currently leads the world in offshore floating production development. As part of the Global Offshore Brazil Summit, in Rio de Janeiro March 4th and 5th 2020, Wood’s Chris Barton will lead an exclusive FPSO Focus speaker panel. Barton, senior VP of business development for Wood, will present on innovations... Continue Reading →
Mexico's state oil company Petroleos Mexicanos wants operational control over a major offshore oil area discovered by a consortium of private companies before development gets underway, its top official said on Wednesday. Pemex Chief Executive Officer Octavio Romero told a news conference the company believes most of the crude found by the consortium, in the... Continue Reading →
Brazil Energy Insight 