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Petrobras announced that FPSO Almirante Barroso, installed in the Buzios field, reached its peak production of 150 thousand barrels of oil per day. The result represents another record for Petrobras' list, as the feat was achieved in 146 days (less than five months). The oil company's previous record had been set by FPSO P-76, which... Continue Reading →
Wendy Laursen, Contributing Writer (OE) Energy ecosystems are evolving as the value of offshore power-to-X production is being realized Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen, increasing the... Continue Reading →
(OET) China Merchant Heavy Industries (CMHI) has contracted Norway-headquartered TMC Compressors to deliver the completed marine compressed air system for a newbuild FPSO the Chinese yard is constructing for Dutch FPSO operator SBM Offshore. Under the contract whose value remains undisclosed, TMC will provide a large-capacity marine compressed air system, including compressors for control and... Continue Reading →
SBM Offshore is pleased to announce it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Whiptail development project in Guyana. Following FEED and subject to government approvals in Guyana of the development plan, project sanction including final investment decision by... Continue Reading →
(Reuters) Angola's largest private oil and gas company Azule Energy plans to raise production by around 14% to 250,000 barrels per day (bpd) by 2026, its CEO said on Thursday, in a boost to the country's plans to turn around flagging output. Azule Energy, a 50/50 joint venture between Eni and BP formed last year when the... Continue Reading →
(OET) Brazilian oil and gas player Enauta has changed the timeline for the restart of production from a floating, production, storage, and offloading (FPSO) vessel, which is working on a field off Brazil. This FPSO is now anticipated to come back online by November 2023. Originally, the production was expected to resume by early September... Continue Reading →
by Anne Haase, Renewables Director at Aquaterra Energy. (OW) Europe is currently driving plans forward to significantly decarbonize industry and accelerate its journey to a low carbon economy. Hydrogen is core to that decarbonization strategy, with infrastructure projects being developed conceptually to support transmission and distribution across Europe, the UK and wider. The market has traditionally... Continue Reading →
(TN) ANP released the Monthly Oil and Natural Gas Production Bulletin for August 2023, which provides consolidated data on national production. Total production (oil + natural gas) was 4.392 million barrels of oil equivalent per day (MMboe/d). Regarding oil, 3.462 million barrels per day (MMbbl/d) were extracted, a reduction of 1.4% compared to the previous... Continue Reading →
Brazilian state-owned oil and gas giant Petrobras has awarded TechnipFMC with a contract to supply flexible pipes for pre-salt fields offshore Brazil. Under the contract deemed as “significant”, TechnipFMC will design, engineer, and manufacture 14 kilometers of gas injection riser pipes and will supply associated services including packing and storage. Jonathan Landes, President of Subsea at TechnipFMC... Continue Reading →
(OE) French oil major TotalEnergies has sold a 40% interest in the offshore Block 20 in the Kwanza Basin in Angola to Malaysia's Petronas. The transaction was completed for an amount of $400 million as at January 1st, 2023, subject to customary price adjustments. TotalEnergies retains the operatorship and a 40% interest in Block 20,... Continue Reading →
Brazil Energy Insight 