Brought to you by Quest Offshore & Southern Cone Consultants
Barry Parker, Contributor (OE) Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin, Eastern Mediterranean and Asia,” Rystad wrote, noting that “the trend... Continue Reading →
(OM) Petrobras has received the Distinguished Achievement Award at the Offshore Technology Conference (OTC) for its innovations at the Marlim Field and others in the Campos Basin offshore Brazil. The company’s president Jean Paul Prates said, “Through intensive use of innovation and technology, we managed to increase production in the Campos Basin by 230,000 bbl/d, which was already considered... Continue Reading →
(PN) Yinson announced that the FPSO Maria Quitéria departed the Cosco Shipping Heavy Industry shipyard, in China, heading to Brazil. The vessel is expected to arrive in the country during the second quarter of 2024 and will be installed in the Jubarte field, in the northern part of the Campos Basin. The FPSO will be... Continue Reading →
(OE) The ABS-classed Liza Unity has received the first REMOTE-CON notation for an floating production storage and offloading (FPSO) from ABS. The notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design and construction of the offshore asset are assessed against and adhere to the ABS Requirements for Autonomous and Remote Control... Continue Reading →
(PN) Enauta is looking forward to the arrival of the FPSO Atlanta, which will enter Brazilian waters in the next few days to begin anchoring work. The vessel is scheduled to begin production in August in the Atlanta field, in the Santos Basin. The platform ship has the capacity to process up to 50 thousand... Continue Reading →
(OM In a jam-packed, standing-room-only session at the Offshore Technology Conference (OTC), Petrobras President and CEO Jean Paul Prates emphasized that synergy is the lifeblood of the industry and that collaboration with suppliers and investors will leverage the sector and pave the way for an energy transition without leaving behind workers, service providers, contractors or... Continue Reading →
(Reuters) As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight. Offshore exploration had dimmed after the U.S. shale boom ushered in new and cheaper-to-tap supplies of oil, and as past offshore... Continue Reading →
(OE) Global maritime company BW Group has unveiled plans to separate BW Energy as an oil and gas exploration business from its maritime businesses, as part of corporate restructuring process. BW Group currently owns 191,903,110 shares in BW Energy, corresponding to 74.38% of the issued and outstanding shares and voting rights in BW Energy. As... Continue Reading →
(OE) MODEC and JGC Corporation have completed a project to measure and quantify emissions of methane and other greenhouse gases from the FPSOs off the coast of Brazil which are chartered and operated by MODEC. It is the first time that Japanese companies have gained precise insights into the amount of major GHG emissions (methane,... Continue Reading →
In the pre-salt Santos Basin, the Tupi field reaches 15 years of operation this Wednesday (5/1), with 2.6 billion barrels of oil equivalent (boe) of accumulated production and seven units in operation. The first pre-salt field to come on stream in May 2009, Tupi is today the country's largest producing field, with an average volume... Continue Reading →
Brazil Energy Insight 