SBM Offshore and Mitsubishi Heavy Industries (MHI) announced the signing of a partnership agreement that will offer a CO2 capture solution for platform ships (FPSOs). The agreement is the result of a successful engineering and design study between the companies, demonstrating the technical feasibility and commercial readiness of offshore CO2 capture technology. According to SBM,... Continue Reading →
PRIO Taps McDermott for Wahoo Field Pipeline Installation Offshore Brazil
Offshore installation and construction services company McDermott has been awarded a transportation and installation contract by PRIO (former PetroRio) for the Wahoo field, offshore Brazil. Under the scope of the contract, of an undisclosed value, McDermott will transport and install about 19 miles (30 kilometers) of coated 10-inch rigid pipelines and associated subsea structures. Once... Continue Reading →
SBM Offshore and MHI sign Partnership Agreement for FPSO CO2 Capture Solution
SBM Offshore and Mitsubishi Heavy Industries Ltd. (MHI) are pleased to announce the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels (FPSO) as they are producing oil and gas from offshore reservoirs. The agreement follows a successful engineering and design study between the companies... Continue Reading →
Radix signs contract with Petrobras to develop basic engineering for new FPSOs
(PN) The company announced the signing of an agreement to develop basic engineering projects for new Petrobras FPSOs. The contract will last 31 months, with services estimated at R$57 million. “We are very excited about this new major contract with Petrobrás, which is a global reference client in the oil and gas market, in which... Continue Reading →
More than $100 million in two new contracts for Oceaneering
(OET) Oceaneering International’s Offshore Projects Group (OPG) segment has secured two international contracts that have a combined total value of over $100 million. Oceaneering has been named a consortium partner to support transportation and installation work on the Girassol Life Extension project in Angola, operated by TotalEnergies EP Angola, a subsidiary of France’s energy giant TotalEnergies. The... Continue Reading →
Woodside’s Trion Receives Mexican Regulatory Approval
(OE) Woodside has announced that the Trion field development plan (FDP) has been approved by the Mexican regulator, Comision Nacional de Hidrocarburos (CNH). Woodside’s final investment decision (FID) to develop the Trion resource, announced 20 June 2023, was subject to Trion joint venture approval and regulatory approval of the FDP. Both of these conditions have... Continue Reading →
CNOOC signs agreement with COPPE/UFRJ for research on offshore renewable energy
(PN) China National Offshore Oil Corporation (CNOOC) signed an agreement for two research projects on renewable energies offshore, with funding of R$ 16 million. With a duration of three years, the research will have the participation of more than thirty people, from four different Coppe laboratories, who will work in several areas, including hydrodynamics, aerodynamics,... Continue Reading →
TechnipFMC Awarded More Work for TotalEnergies’ Girassol Life Extension
(OE) TechnipFMC announced it has been awarded a contract from TotalEnergies to install flexible pipe and associated subsea structures for the Girassol life extension project in Angola's offshore Block 17. TechnipFMC labeled the contract as “significant”, worth between $75 million and $250 million. TechnipFMC was previously awarded the engineering, procurement, and supply of subsea flowlines... Continue Reading →
Drilling Systems Launches Next-Generation DrillSIM Downhole Model
Drilling simulation technology provider Drilling Systems has launched a next-generation DrillSIM Downhole model to support realistic training for geothermal applications. The model is now implemented for the first time at the Drilling Simulator Celle, a research facility of Clausthal University of Technology (TUC) in Germany. The new downhole model will further enhance the research and... Continue Reading →
Dyna-Mac pursuing ‘win-win’ opportunities in FPSO module fabrication and carbon capture and storage
(OET) Singapore’s offshore builder Dyna-Mac has set the wheels into motion to enable more flexibility in addressing spikes in floating production storage and offloading (FPSO) module fabrication demand and embark on a hot pursuit of global carbon capture and storage (CCS) projects, thanks to two memoranda of understanding. The first memorandum of understanding (MOU) was... Continue Reading →