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Australia’s oil and gas company Karoon Energy has decided to exercise its option for two additional wells in Brazil to be drilled by one of the Maersk Drilling-owned semi-submersible rigs. The offshore drilling contractor informed on Tuesday that Karoon Energy has exercised options to add the drilling of up to two wells at the Neon field –... Continue Reading →
Malaysian FPSO leasing company Yinson has ordered a suite of electrical and control equipment from Kongsberg Maritime for an FPSO vessel currently under conversion. Kongsberg Maritime will deliver E-house, electrical, control, safeguarding and telecommunication equipment solutions, and the deal also includes service support on board the Maria Quitéria FPSO owned by Yinson. FPSO Maria Quitéria is expected to start work... Continue Reading →
Scana's Seasystems has secured a contract worth more than NOK 50 million (more than ~$5,16 million) to deliver an anchoring system to an FPSO project in Brazil. Seasystems will deliver mooring equipment such as dual axis chain stoppers, chain handling systems, and winches. The FPSO will be rebuilt. The company did not say who the... Continue Reading →
A setback in a process for contracting rigid risers by Petrobras. The company announced this week that it has canceled the contracting of Engineering, Procurement, Construction and Installation (EPCI) services for subsea rigid lines (SURF). The pipelines would be used in the initiative called “WAG Full Field of the Tupi Field” by Petrobras, which consists... Continue Reading →
A new way of thinking about technology and doing business with service providers has enabled Petrobras to increase the efficiency and rate of penetration of its drill bits, a Petrobras official said at OTC on Monday. Along the way, Petrobras official Adriano Gouveia Lima Gomes dos Passos said that his company worked with its suppliers to... Continue Reading →
Saipem has revealed a new, sustainable subsea pipelaying method which allows forming vertical cold bends in the pipeline in a strictly controlled way and directly underwater by means of a specially designed remotely operated underwater bending machine. The Underwater Cold Bending technology is said to allow a considerable reduction of environmental impacts on the seabed.... Continue Reading →
Offshore seismic data company ION Geophysical has completed reprocessing of the prestack time and depth imaging of over 62,000 km of legacy data acquired from the National Hydrocarbon Agency of Colombia (ANH) for its Colombia Caribe 2D reprocessing program. The Caribe Colombia Reprocessing project is a 2D multi-client program designed to improve understanding of the... Continue Reading →
Singapore's Keppel Offshore & Marine has, via its subsidiary Keppel Shipyard, secured contracts worth around S$250 million (~USD180,4 million) for the integration of two Floating Production Storage and Offloading vessels (FPSO). Keppel Offshore & Marine, which is set to merge with Semcorp Marine, said Friday that the FPSO integration contracts were awarded by repeat customers, BW Offshore,... Continue Reading →
(TN) Petrobras informs that the fourth producing well connected to the FPSO Carioca has come into operation, in the Sépia field, in the pre-salt layer of the Santos Basin. The opening of the last producing well added 41 thousand barrels of oil per day (bpd) to the unit - which already produced 134 thousand bpd.... Continue Reading →
(Reuters) - Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever. The industry started seeing a steep decline in prices and increased competition back in 2017 as some governments moved away from generous, fixed, subsidised tariffs for power toward an auction-based... Continue Reading →
Brazil Energy Insight 