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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/02/2021, informs that it signed today contracts with the company SBM Offshore for the chartering and provision of services of the FPSO Alexandre de Gusmão, the fourth definitive system to be installed in the Mero field, located in the pre-salt of the Santos... Continue Reading →
(Kaieteur News) Should the Stabroek Block partners receive the requisite government approvals for its fourth project called Yellowtail in a timely fashion, start-up is poised to commence as early as 2025. But following this, Guyana should expect to see one floating, production, storage, and offloading (FPSO) vessel being added to its offshore armada every year.... Continue Reading →
The Angra dos Reis Port Terminal (TPAR) and Maersk Supply Service announced a project that will reactivate the port complex in southern Rio de Janeiro as an offshore support base. The terminal, managed by the Splenda Port group, will support the pre-installation activity of the mooring system for the FPSO Sepetiba, which will be installed... Continue Reading →
Marine seismic contractor PXGEO has completed the Sapinhoa 4D Baseline ocean bottom node program in the deepwater Santos Basin, offshore Brazil, for the BMS-9 consortium, which is controlled by Petrobras. The four-month project, which used PXGEO's Manta OBN technology, was on time around the end of October 2021. "The PXGEO COVID-19 mitigation measures were fully... Continue Reading →
The Brazilian Institute for the Environment (Ibama) granted Petrobras the installation license for the FPSO Almirante Barroso (Buzios 5), which will be installed in the Santos Basin. The license will be valid for six years. The platform ship should only enter into operation in 2023, according to the company's new 2022-2026 Strategic Plan. Initially, Petrobras'... Continue Reading →
Petrobras' 2022-2026 strategic plan foresees 15 new FPSOs in six fields between 2022 and 2026. The director of production development, João Henrique Rittershaussen, highlighted that Petrobras will have under its operation approximately 50% of the FPSOs that will come into operation in the world in the next five years. Of the 15 planned units, 12... Continue Reading →
Offshore oil and gas exploration projects are expected to double the growth of well intervention market, as operators seek to increase production from existing fields amid skyrocketing oil and gas demand. Fact.MR expects the global well intervention market to reach $7.1 billion in 2021 with an increase of 7 per cent CAGR between 2021 and 2031, thus, surpassing $14... Continue Reading →
Sweden-based engineering firm Trelleborg has won a contract to supply an integrated structural elastomeric bearing system for MISC Offshore's FPSO project in South America. Trelleborg said the FPSO would have a processing capacity of 180,000 barrels of oil and 12 million cubic meters of gas per day. These specs correspond to the FPSO MISC is building... Continue Reading →
Singapore's Keppel Offshore & Marine has won contracts for the conversion of a Floating Storage and Regasification Unit (FSRU) and the integration of a Floating Production Storage and Offloading vessel (FPSO). For the first project, Keppel Shipyard signed a Limited Notice to Proceed (LNTP) with what it said was a global provider of LNG shipping... Continue Reading →
Offshore drilling company Seadrill has won two contracts with Brazil's Petrobras for the West Carina and West Tellus drillship. The two rigs will work on the Búzios field offshore Brazil. Both contracts have been signed on a 3-year fixed-term basis, with an expected start in September 2022. The total contract value for the two contracts... Continue Reading →
Brazil Energy Insight 