ABS to Class Seatrium-built FPSO Pair for Petrobras

(OE) Singaporean rig- and shipbuilder Seatrium has tapped the American Bureau of Shipping (ABS) to class a pair of floating production storage and offloading units (FPSO) being built for Brazil's state-owned Petrobras, the classification society announced.  Slated for delivery in 2029, the FPSOs P-84 and P-85 will be deployed in the Atapu and Sépia fields,... Continue Reading →

Brazil National Production of oil and natural gas increased in May and reached 4.234 million barrels of oil equivalent per day (boe/d)

(TN) ANP released today (2/7) the Monthly Oil and Natural Gas Production Bulletin for May 2024, which provides consolidated data on national production. This month, there was an increase in oil and natural gas production, and also in pre-salt production.Total production (oil + natural gas) was 4.234 million barrels of oil equivalent per day (boe/d).Regarding... Continue Reading →

Petrobras (PBR) Puts Off the Barracuda-Caratinga FPSO Tender

(Zack's) Petrobras PBR, the state-controlled oil company in Brazil, has once again delayed the bid submission deadline for chartering a floating production, storage and offloading (FPSO) vessel aimed at revitalizing operations in the Barracuda-Caratinga field within the Campos Basin. This recurring postponement reflects PBR's ongoing challenges in garnering sufficient interest from floater companies for its bidding... Continue Reading →

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