Category: Deepwater

SBM Offshore closes buy of Constellation’s shares in five FPSOs

This follows SBM Offshore being chosen as the successful bidder in the public auction for equity ownership in five FPSOs back in October. Under the acquisition, SBM Offshore bought minority interests held by Constellation in entities related to the Cidade de Paraty (20%), Cidade de Ilhabela (12.75%), Cidade de Marica (5%), Cidade de Saquarema (5%), and Capixaba (20%) FPSOs. SBM Offshore was already the... Continue Reading →

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ABB proves long-distance subsea power system for deep, remote ocean environments

ABB’s pioneering subsea power distribution and conversion technology system has proven commercially viable, according to the company, bringing potential for cleaner, safer and more sustainable offshore oil and gas production following the completion of a 3,000-hour shallow water test. Offshore energy companies will be able to access a reliable supply of up to 100 megawatts... Continue Reading →

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Petrobras Sees Major Deepwater Shift in 2020

Brazil's state-owned oil firm Petroleo Brasileiro SA expects deep offshore areas to account for 88% of its exploration and production activities next year, up from 55% currently, an executive for the company said on Tuesday. The major shift to deep offshore areas will correspond with onshore exploration and production falling to 10% of Petrobras' activities... Continue Reading →

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Boskalis pens $120M deals for marine transport, including a record-breaking FPSO move

Dutch marine contractor Boskalis has recently won a batch of marine transportation contracts including a record-breaking FPSO transport deal for its giant BOKA Vanguard semi-submersible vessel. “Following last year’s transportation of a sizable box-shaped FPSO, Boskalis secured a contract to transport a similar FPSO from China to Brazil. With a weight exceeding 91,000 tons this... Continue Reading →

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Petrobras poised to become world’s largest oil producer by 2030

Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest data and forecasts. Brazil’s biggest-ever oil auctions in November were generally deemed to be disappointing, receiving muted interest from international exploration and production companies. However, national oil company Petrobras could not have asked... Continue Reading →

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PETROBRAS COMPLETES SEISMIC IN BUZIOS

Nov 18, 2019 Petrobras has completed the largest seismic survey in the world, in the area of ​​the Búzios onerous assignment, located in the Santos Basin, about 200 km from the city of Rio de Janeiro. Begun in November 2018, the project used ocean bottom nodes installed in 6,600 locations in an area of ​​1,600... Continue Reading →

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Ocean Infinity Boosts Its AUV Fleet Power

Ocean Infinity, in partnership with Kraken Robotics, has reached what it calls a significant milestone in battery technology for autonomous underwater vehicles (AUVs). The new technology has now been tested following 18 months of research, development and trials, which was aimed at improving the safety, efficiency, and quality of AUV operations. Continue reading

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First Oil from Iara, Offshore Brazil

French multinational integrated oil and gas company Total and consortium partners have announced first oil from the Iara licence (Block BM-S-11A) in the deepwater Santos Basin pre-salt in Brazil. The first oil marks the start-up of the FPSO P-68, the first of the two floating production, storage and offloading units (FPSO) already launched and to... Continue Reading →

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