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Oilfield services firm TechnipFMC has won a contract to supply subsea umbilicals, risers, and flowlines (SURF) for the recently sanctioned $9 billion BM-C-33 offshore development in Brazil. The contract was awarded by Equinor, the operator of the offshore block, on behalf of its partners Repsol Sinopec Brasil and Petrobras. Located in the Campos Basin, BM-C-33... Continue Reading →
(OE) Japanese FPSO supplier MODEC has won a contract with Equinor to supply an FPSO vessel for the BM-C-33 block of the Campos Basin offshore Brazil. The order comes just days after Equinor and its partners Repsol Sinopec Brasil, and Petrobras took the $9 billion investment decision to develop the BM-C-33 project in Brazil. Located in the... Continue Reading →
TechnipFMC has secured a “large” contract by ExxonMobil to deliver a subsea production system for a recently sanctioned oil development project in Stabroek block offshore Guyana. Under the contract awarded by ExxonMobil affiliate Esso Exploration and Production Guyana, TechnipFMC will provide project management, engineering, and manufacturing to deliver the overall subsea production system for the Uaru project. The... Continue Reading →
Japan’s FPSO provider MODEC is moving to the engineering, procurement, construction, and installation (EPCI) phase for ExxonMobil’s floating production storage and offloading vessel (FPSO), which will work on the U.S. energy giant’s recently sanctioned fifth offshore development project in Guyana. MODEC disclosed on Monday, 8 May 2023, that it would proceed with engineering, procurement, and construction on the Uaru FPSO, following a final... Continue Reading →
(OE) Singapore's Seatrium, through its subsidiary Sembcorp Marine Offshore Platforms Pte. Ltd. (“SMOP”), has secured a contract worth more than S$500 million for two offshore wind farm substations from Empire Offshore Wind, a joint venture between Equinor and BP. The contract award follows the completion of the FEED (Front-End Engineering and Design) contract secured by... Continue Reading →
FutureOn, the global energy software company, has secured a multi-year contract with Petrobras to license its groundbreaking digital design and decision-making platform, FieldTwin. The major Brazilian oil and gas company will leverage the platform to spearhead the digital transformation of its subsea operations. FieldTwin will disrupt the current subsea workflow, enabling Petrobras’ teams to accelerate... Continue Reading →
Wendy Laursen, Contributing Writer (OE) WTIVs have always been fuel-hungry. Now they are being tasked with installations that are further, deeper and heavier. Offshore wind farms continue their march into deeper water, further from shore, with turbines that can now reach more than 270 meters high with blades 120 meters long. Designers and OEMs are pushing... Continue Reading →
Malaysia’s shipping giant MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services, has unveiled – what it deems to be – the world’s first future-ready newbuild floating production storage and offloading (NBFPSO) vessel at the Offshore Technology Conference (OTC) in Houston. MISC reported on Tuesday, 2 May 2023,... Continue Reading →
(OE) Oilfield services firm SLB, Rockwell Automation, Sensia, and Cognite on Monday announced a collaboration that they say will "accelerate the evolution" of the offshore industry’s floating production storage and offloading (FPSO) facilities. According to a press statement issued by SLB, until recently known as Schlumberger, digital capabilities developed by the four-company coalition will improve... Continue Reading →
(OE) Danish offshore wind installation firm Cadeler said Tuesday it had signed two contracts with Ørsted for the Hornsea 3 offshore wind farm in the UK. Cadeler said that together, the two contracts constitute a very large contract award. Cadeler classifies a very large contract as being worth between 500-700 million EUR. The first contract... Continue Reading →
Brazil Energy Insight 