Petrobras to use Paradigm’s technology for deluge system testing

(offshore-mag.com) Petrobras has signed an agreement to implement Dry-Flo technology in Brazil for the dry testing of deluge systems in its Búzios field FPSO units.  This technology, developed by the Paradigm Group, has already seen global adoption across various players in the onshore and offshore markets. The contract was facilitated with support from Mi Fire, Paradigm’s local partner in... Continue Reading →

MODEC and Altera: Marrying FPSO tech with renewable and low-carbon plays to shape energy transformation beyond oil & gas

(offshore-energy.biz) Given the rising expectations about oil and gas, especially liquified natural gas (LNG), being in demand even after 2050, entwining innovation and technology arms is increasingly being recognized as the right recipe to not only unleash untapped low-carbon barrels but also unlock the gates of green power. Japan’s MODEC and the UK-based Altera Infrastructure... Continue Reading →

Full Output Resumes at Liza Unity in Guyana

(Reuters) An Exxon Mobil consortium's crude output in Guyana has been fully restored at two floating production facilities after workers completed a natural gas pipeline tie-in, a company spokesperson said on Monday. Output had fallen to between 400,000 and 500,000 barrels per day from July 2 through the end of the month, government data showed,... Continue Reading →

China’s FPSO mooring system for deepwater oil & gas fields earns double blessing

(offshore-energy.biz) The internal turret buoy single-point mooring system developed by China Offshore Oil Engineering Company (COOEC), controlled by China National Offshore Oil Corporation (CNOOC), has received two approvals in principle (AIP), one from the China Classification Society (CCC) and another from Bureau Veritas. As the system is said to be the first of its kind... Continue Reading →

SLB OneSubsea signs contract with Petrobras to acquire subsea equipment for the Roncador Field

(TN) Petrobras signed a contract to acquire subsea equipment for the Roncador field in the Campos Basin. The contract will generate approximately 500 direct and indirect jobs. The agreement with the SLB OneSubsea group provides for the supply of 2 Subsea Production Manifolds (MSP), 1 Electro-Hydraulic Distribution Unit (UDEH) and spare equipment. The provision of... Continue Reading →

MOL Increases Stake in MODEC

(OE) Mitsui O.S.K. Lines, Ltd. completed the purchase on the market of 89,500 shares of common stock of MODEC, Inc. and along with the 10,162,300 shares already acquired in June 2023, MOL now holds a 15% stake in MODEC and will make it an equity-method affiliate. MODEC is a leading company in the offshore oil... Continue Reading →

A Hydrogen Balancing Act in Offshore Energy

Wendy Laursen, Contributing Writer (OE) The intermittency of offshore wind power is both a challenge and an opportunity for green hydrogen production.   There will be a new generation of platforms taking up space in offshore wind farms as hydrogen production is used to help balance power supply and demand. Green hydrogen could be produced at... Continue Reading →

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