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Norway-based energy intelligence firm Rystad Energy said Tuesday it didn't expect any new FPSO orders this year, however, it expects the situation will improve next year when it foresees seven new FPSO to be ordered. "Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will... Continue Reading →
Petrobras is preparing to launch a tender to build Brazil's largest-ever oil platform, according to two people with knowledge of the matter, as the state-controlled oil firm pushes ahead with ambitious plans to boost deepwater production. Petroleo Brasileiro SA, as the Rio de Janeiro-based producer is formally known, plans to launch the leasing tender for... Continue Reading →
Jul 8, 2020 Shell found new evidence of oil in well 3-SHEL-32D-RJS, in the south of Gato do Mato, in the Santos Basin pre-salt. The drilling of the 3-SHEL-32D-RJS started in March. This is the third occurrence in the block, where the oil company is conducting a campaign with the Brava Star rig, in a... Continue Reading →
Pemex’s nearly $105 billion in debt already makes it the biggest borrower of any oil company in the world. And it’s accruing more. Pemex is asking some of its contractors if they can wait until next year to be paid money that is owed to them now, according to people with knowledge of the situation,... Continue Reading →
Knutsen NYK Offshore Tankers AS (KNOT), a joint venture between Japanese shipping major NYK and Norway’s TS Shipping Invest (TSSI), has concluded a first long-term time charter contract for a shuttle tanker with PetroChina International (America), part of PetroChina Company Limited. As informed, the contract is for a period of up to ten years starting... Continue Reading →
UK-based offshore engineering company TSG Marine is working to bring Zoono, a revolutionary molecular layer that kills microbes for up to 30 days on sprayed surfaces, to offshore oil and gas platforms, in an effort to reduce COVID-19 infection risk. According to TSG Marine and the developer Zoono, this molecule uses a physical process rather... Continue Reading →
July 6, 2020 Focused on the development of the Búzios field, Petrobras prepares series of tenders for the second half of the year. New notices to contract three FPSOs for the Búzios project (phases VI, VII and VIII), in the Santos cluster, one with a production capacity of 225 thousand bopb and two with 180... Continue Reading →
Norway’s Aker Solutions has delivered the last of 60 sets of subsea trees for pre-salt exploration for Petrobras. This marks the conclusion of the company’s biggest project in Brazil. Aker Solutions landed a deal with Petrobras to provide subsea equipment for deepwater pre-salt field developments in Brazil in March 2013. Continue reading
Swiss-based technology giant ABB will provide electrical, control, and telecommunication solutions for Malaysia-based Yinson's new FPSO - Anna Nery. Once delivered, the FPSO will be deployed at Petrobras' Marlim 2 oil field offshore Brazil. "Leveraging its ABB Ability System 800xA control system with Select Input/Output (IO), ABB will take responsibility for integration engineering in the project,... Continue Reading →
San Donato Milanese (MI), July 6th 2020 Saipem has been awarded a contract by Petrobras for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project, in water depths from 1537 to 2190 meters, offshore the state of Rio de Janeiro. The Búzios-5 overall production system foresees the interconnection of 15... Continue Reading →
Brazil Energy Insight 