Petrobras installed a LiDAR (Light Detection and Ranging) sensor on the PPE-1A platform, in the Pescada field (RN). This is the state’s second platform to have sensors installed to measure speed and wind direction, among other weather variables. Studies that have been conducted are essential for the implementation of offshore wind projects, as the company... Continue Reading →
IBAMA grants FSO Pargo operation license to Perenco
(PN) The Brazilian Environmental Institute (Ibama) issued the operating license for FSO Pargo, which will be operated by Perenco at the Pargo Complex, in the Campos Basin. The license will last for eight years. FSO type ships are only used for storage and transport – and therefore do not have modules on their topside. The... Continue Reading →
Brazil not expected to cap oil output as part of OPEC+, sources say
(Reuters) - Brazil hopes to join the OPEC+ group of oil-producing countries in January after a full technical analysis, the country's energy minister said on Thursday, however sources said Brazil is not expected to take part in the group's coordinated output caps. President Luiz Inacio Lula da Silva's office confirmed receiving the invite during his... Continue Reading →
Saipem scores $1.9 billion contract wins offshore Guyana and Brazil
(OET) Italy’s engineering, drilling, and construction services provider Saipem has tucked under its belt two new offshore contracts worth approximately $1.9 billion for work with ExxonMobil’s subsidiary ExxonMobil Guyana Limited and Equinor. As a result, the Italian player will carry out operations for the U.S. oil major in Guyana while the assignment with the Norwegian state-owned... Continue Reading →
Strohm is first company to receive DNV qualification for deepwater TCP Flowline
Strohm, the world’s first and leading thermoplastic composite pipe (TCP) technology company, has taken a big step towards expanding its TCP operating envelope. DNV has issued a Statement of Qualified Technology for Strohm’s 6-inch EGF-PE pipe, as per the DNV-ST-F119 standard, for its use as a flowline or jumper in deep waters. It is the... Continue Reading →
Petrobras approves Strategic Plan 2024-2028+
Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors approved, at a meeting held today, the Strategic Plan for the five-year period 2024-2028 (SP 2024-28+), planning to invest US$ 102 billion over the next five years. The first plan of this administration, the SP 2024-28+ aims to prepare Petrobras for the future and... Continue Reading →
Petrobras invests in robots to automate offshore inspections
Petrobras will invest US$4 million in the acquisition of ANYbotics robots, capable of autonomous visual inspections. The data obtained from ANYmal X inspection missions will allow greater efficiency and safety in maintenance routines. Petrobras will receive six ANYmal X units in 2024 for testing and development at its facilities. “Petrobras hopes to qualify ANYmal X... Continue Reading →
BW Energy Finalizes Takeover of FPSO from Saipem in Brazil
(OE) Oslo-listed oil and gas company BW Energy said Tuesday it had completed the acquisition of the FPSO Cidade de Vitoria from Saipem. The FPSO is currently producing approximately 10,000 barrels per day of oil from the Golfinho field offshore Brazil. BW Energy will pay Saipem a total of USD 73 million in fixed consideration... Continue Reading →
Australia’s Karoon Energy to Buy Stakes in U.S. Offshore Fields for $720M
(Reuters) Karoon Energy announced deals worth $720 million on Thursday to buy stakes in certain offshore oil and gas fields in the Gulf of Mexico from U.S.-based LLOG Exploration, in a move to diversify operations beyond Brazil and Australia. The oil and gas explorer said it would raise around A$480 million ($312.43 million) to fund a 30% stake purchase... Continue Reading →
MODEC Hits Milestone: First Steel Cut in China for Guyana-Bound FPSO Errea Wittu
(OE) Japanese FPSO leasing firm MODEC said Thursday that the first steel-cutting ceremony for the Guyana-bound FPSO Errea Wittu had been held in China. MODEC secured its first order to supply an FPSO to Guyana in May 2023. The order came from an ExxonMobil-led consortium and is for the deployment of the FPSO to the... Continue Reading →