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(Reuters) Exxon Mobil Corp and partners plan to spend $12.93 billion to develop their sixth offshore oil project in Guyana, according to a filing published on Monday by the South American country. The floating production platform for the so-called Whiptail project would start operations in 2027 and bring the Exxon-led consortium's oil output in Guyana... Continue Reading →
(OE) Japan's MODEC said its FPSO Anita Garibaldi MV33 has achieved first oil production for Petrobras at the Marlim field in the Campos Basin off the coast of Brazil. The FPSO is leased on a 25-year time charter contract to the state-owned Brazilian energy company—one of MODEC's longest charters to date. The FPSO is the 16th FPSO/FSO vessel that MODEC has... Continue Reading →
(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 →
Petróleo Brasileiro S.A. – Petrobras informs that it put into production, this Wednesday, 08/16/2023, the Anita Garibaldi platform ship in the Campos Basin. Of the FPSO type (floating system that produces, stores and transfers oil), the unit will operate simultaneously in the post-salt and pre-salt of the Marlim and Voador fields. With a capacity to... Continue Reading →
(PN) The Brazilian Institute of the Environment (IBAMA) granted Petrobras the license to operate the Anita Garibaldi FPSO, which should begin its activities in the coming weeks. The unit has the capacity to produce up to 80,000 barrels of oil per day (bpd) and process up to 7 million m³ of gas per day. FPSO... Continue Reading →
SBM Offshore announced to the market this week its financial and operational balance sheet for the first half of the year. One of the main highlights of the report concerns the updates in the works of three FPSOs ordered by Petrobras (Sepetiba, Almirante Tamandaré and Alexandre de Gusmão). In these three projects, the company is... Continue Reading →
(PN) Petrobras conducted performance tests of an innovative model of offshore wind technology, a pioneer in Brazil, in collaboration with the Polytechnic School of USP. The tests aimed to evaluate the functioning of a small-scale floating wind system, composed of a wind turbine mounted on a four-column semi-submersible structure. This configuration was positioned in the... Continue Reading →
(C) The first platform with fully electrified (all-electric) combined cycle systems in the country will be installed off the coast of Espírito Santo in 2025, announced Petrobras, the project will allow greater operational efficiency, in addition to reducing greenhouse gas emissions. The confirmation of the platform, called FPSO Maria Quitéria, which will be located in... Continue Reading →
(Reuters) - Dutch oil and gas services company SBM Offshore (SBMO.AS) reported on Thursday half-year earnings before interest, tax, depreciation and amortisation (EBITDA) that missed consensus estimates and fell below the year-earlier level. It partly attributed the drop to ongoing supply chain challenges and a reduced contribution from the Almirante Tamandaré floating production, storage and offloading (FPSO)... Continue Reading →
(OET) Brazilian oil and gas player Enauta has concluded the drilling and completion of another well in its drilling programme at a field offshore Brazil. In addition, the firm has started drilling activities at the last well in this drilling campaign. Back in November 2022, Enauta started drilling its first well, 7-ATL-5H-RJS, in this drilling campaign at the Atlanta... Continue Reading →
Brazil Energy Insight 