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The Marechal Duque de Caxias platform vessel, installed in the Mero field, in the pre-salt layer of the Santos Basin, reached peak production yesterday, May 19, with 180 thousand barrels of oil per day (bpd). The ramp-up - the period between the first extraction and the moment when the unit reaches its maximum planned capacity... Continue Reading →
– Trelleborg Fluid Handling Solutions a global leader in the supply of field-proven large-bore flexible bonded hoses for crude oil and chemicals, has published a report that reveals significant opportunities for Floating Production Storage and Offloading (FPSO) owners to reevaluate their reeling hose selection and unlock greater operational value. Based on substantiative interviews with some of the leading... Continue Reading →
(offshore-energy.biz) Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH), part of the Kuok Maritime Group, has completed the towing of a hull for a floating production storage and offloading (FPSO) unit from China to Singapore. The vessel is slated to work at a Brazilian deepwater field with Brazil’s state-owned energy giant, Petrobras. Towed by... Continue Reading →
(Reuters) Dutch oil and gas services firm SBM Offshore reported a 27% rise in its first-quarter revenue on Thursday, boosted by strong performance across all its segments, particularly in its turnkey unit. The Amsterdam-listed firm, which provides floating production services to the offshore energy industry, posted a quarterly directional revenue of $1.10 billion. SBM Offshore... Continue Reading →
(offshore-energy.biz) Canada-based oil and gas company Africa Oil Corp. has presented a new brand identity, which entails a name change to Meren. As disclosed, the new name refers to an old Dutch nautical term representing the mooring of a vessel as it docks. According to the firm, the word mirrors its stability anchored by a... Continue Reading →
In the new era of austerity, project simplification and cost cutting announced by Petrobras, expenses with platform ships (FPSOs) will certainly be the center of attention of the company's board of directors. The company now aims to limit the amount paid for these platforms to US$ 3.5 billion. The oil company's Director of Engineering, Technology... Continue Reading →
(offshore-energy.biz) France’s energy giant TotalEnergies is making strides in the development of the first-ever offshore oil field in Suriname. Progress has also been achieved in the construction of a floating production, storage, and offloading (FPSO) vessel destined for this project. Following a final investment decision (FID) for the 12.2-billion GranMorgu offshore oil field in Block 58, located around 150 kilometers off... Continue Reading →
(OE) American Bureau of Shipping (ABS) has issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit. The NearZero FPSO design incorporates low carbon technologies that collectively create a ‘near zero’ Scope 3 carbon emissions profile, achieving up to 80% reduction in GHG... Continue Reading →
TechnipFMC has signed a technology agreement with Petrobras to accelerate the development and commercialization of the so-called Hybrid Flexible Pipe (HFP) as a definitive standardized solution to address a well-known problem in the offshore industry: stress corrosion cracking caused by CO₂ (SCC CO₂) in flexible pipelines. The new technology is designed to withstand corrosive environments... Continue Reading →
(OM) Petrobras has upped its oil and gas exploration budget to develop new frontiers and expand production, even as it intends to foster the “energy transition” and work towards the Net Zero by 2050 goal. Those were among the thoughts offered by Petrobras CEO Magda Chambriard at a technical session held on Monday at the... Continue Reading →
Brazil Energy Insight 