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July 22 (PN) SLB OneSubsea submitted the lowest bids in a Petrobras tender for the supply of 32 subsea trees and other subsea equipment (manifolds, electro-hydraulic distribution units, PLEMs, ESDVs, and UTAs). The other competitors in the process were Baker Hughes and TechnipFMC. The data was recently released by Petronect (tender no. 7004565113). The equipment... Continue Reading →
July 13 (oilnow.gy) PRIO’s Wahoo project offshore Brazil has reached first oil using TechnipFMC’s Subsea 2.0® production system. TechnipFMC announced on July 13 via a LinkedIn post that the installation represents the first use of the technology in a Brazilian pre-salt field. “As a greenfield development enabled through a tie-back approach, Wahoo demonstrates how innovation can unlock... Continue Reading →
July 8 (PN) Equinor has completed the installation of the PLEM (Pipeline End Manifold) for the Raia project at a depth of approximately 2,700 meters in the Campos Basin. This subsea equipment connects the FPSO risers to the pipeline that will transport natural gas to shore. The Raia pipeline will span approximately 200 kilometers, linking... Continue Reading →
July 8 (PN) Karoon Energy recorded an increase in production at the Baúna field, in the Santos Basin, following the completion of an intervention on well SPS-92, which resumed operations after the replacement of its electric submersible pump (ESP). The well's output reached 8,600 barrels of oil equivalent per day (boe/d), raising the field's total... Continue Reading →
June 30 (OE) Houston-based Nauticus Robotics has strengthened its balance sheet through a debt-for-equity exchange that eliminates approximately $4 million in outstanding debt while increasing shareholders' equity. The company announced June 30 that an existing lender agreed to convert approximately $4.0 million in outstanding indebtedness and accrued interest under Nauticus' Senior Secured Term Loan Agreement... Continue Reading →
June 24 - ASCO, a global logistics, materials management and operations specialist, has signed a Heads of Terms with N.V. Dordt Gateway to establish a strategic joint venture to support the development and operation of the Dordt Marine Support Base in Commewijne, Suriname. The agreement includes the formation of a joint operating company, Dordt Operations... Continue Reading →
June 16 (OE) Scottish floating wind technology developer Encomara has received Product Design Assessment (PDA) approval from the American Bureau of Shipping (ABS) for its Squid floating offshore wind installation system, marking a key certification milestone as the company advances the technology toward commercial deployment. The PDA follows Approval in Principle (AiP) granted by ABS... Continue Reading →
June 15 - OceanPact has signed a R$ 443.7 million contract with Petrobras to perform specialized services for the removal and recovery of flexible pipelines as part of the decommissioning of offshore production units. The work will be carried out on the risers of the P-18 platform, located in the Marlim Field, Campos Basin. The... Continue Reading →
June 10 (OE) PXGEO has signed a one-year framework agreement with Equinor to conduct autonomous subsea inspection trials using Saab's Sabertooth Underwater Intervention Drone (UID) technology. The agreement will see the companies test and verify autonomous inspection capabilities, including validation of autonomous behaviors for offshore inspection operations. The first call-off under the agreement is already... Continue Reading →
May 28 (OE) TouchWind has installed its floating wind turbine prototype at Fieldlab Green Economy Westvoorne in the Netherlands, moving the POWER project into the in-water testing phase. The POWER project, short for ‘POsitive Wake Effects of turbines with tilted Rotors’, is studying how turbines with tilted rotors can deflect wakes and access higher-energy wind... Continue Reading →
Brazil Energy Insight 