Brought to you by Quest Offshore & Southern Cone Consultants
PRIO expects to increase investments by 180% in 2023, to US$ 600 million, and reach the end of the year with a production level of around 100,000 barrels/day, said the coordinator of the company's wells, Estevão Borges Pereira. The oil company intends to increase its production in the Campos Basin by 25% – currently around... Continue Reading →
Prosafe has provided a status report on its fleet of accommodation support rigs in its latest results review. Late last year Safe Zephyrus completed its contract with bp at ETAP in the central UK North Sea and is presently heading west from the Canary Islands to Brazil to start a program for Petrobras on May 1. Earlier this month, Safe... Continue Reading →
Offshore energy clients have been spoiled over the last 7-8 years with all types of vessels being always available at a low price, however, this could quickly change, Solstad Offshore’s CEO Lars Peder Solstad stated as the company had reported its highest-ever quarterly order intake for the fourth quarter of 2022. The fourth quarter of... Continue Reading →
Eni Angola, a wholly-owned subsidiary of Azule Energy, has awarded Malaysian FPSO operator Yinson with a contract to deliver a floating, production, storage and offloading (FPSO) asset for the Agogo field development located offshore Angola. Under the firm contract, Yinson will provide, operate and maintain the FPSO for the Agogo Integrated West Hub Development Project,... Continue Reading →
Brazilian oil and gas player Enauta has completed the preventive maintenance activities for a floating, production, storage, and offloading (FPSO) vessel, which is carrying out operations on a field offshore Brazil. Enauta disclosed on Monday, 27 February 2023, that the preventive maintenance of the water-cooling system of the FPSO Petrojarl I was concluded and the production at... Continue Reading →
OceanXpress, a crew change joint venture between Damen Shipyards Group and Ampelmann, recently secured a two-year offshore support contract in cooperation with Compagnie Maritime Monégasque (CMM) with Petrobras off the coast of Brazil. The Damen Fast Crew Supplier (FCS) 7011 Aqua Helix, equipped with an Ampelmann S-type system, will transport personnel to and from offshore... Continue Reading →
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States came to a stop and remained unchanged last week. However, the total number of rigs operating in the U.S. went down to 753 from 760 units during the previous week. After the number of offshore rigs working in the... Continue Reading →
Petrobras set a record in CO2 capture, use and geological storage (the so-called Carbon Capture, Utilization and Storage - CCUS) in 2022, reaching the mark of 10.6 million reinjected tons (equivalent to 5.8 billion m³ of CO2 ). For comparison purposes, this portion corresponds to 27% by volume of the total gas reinjected in our... Continue Reading →
Heerema Marine Contractors has installed the offshore substation topside on a four-legged steel jacket foundation at Iberdrola's Baltic Eagle offshore wind farm site in Germany, using its Thialf semi-submersible crane vessel. The offshore substation, built by Iemants-Fabricom, will collect the electricity generated by the Baltic Eagle offshore wind farm turbines and transform the supply voltage... Continue Reading →
Oilfield services company TechnipFMC saw 2022 inbound orders grow to $8.1 billion, a 20% growth versus 2021, and its CEO expects more to come in the future. "We are in the midst of a multi-year growth cycle," said Doug Pferdehirt, the Chair and CEO of TechnipFMC. He said that of the $8.1 billion total, majority... Continue Reading →
Brazil Energy Insight 