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Seatrium has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its proprietary FLEXHull 1500K-M floating production storage and offloading (FPSO) design. The AiP underscores Seatrium’s ability to deliver advanced solutions for deepwater oil and gas production, the company said. The FLEXHull 1500K-M is designed to handle topside loads of up... Continue Reading →
Sept. 24 (offshore-energy.biz) TechnipFMC has secured a contract defined as significant, meaning it is worth between $75 million and $250 million, with Brazilian oil & gas company Petrobras for the delivery of subsea production systems. Following a competitive tendering process, TechnipFMC has been selected to design, engineer, and manufacture subsea production systems to be deployed in an... Continue Reading →
Sept. 24 (Zack's) Petrobras PBR, in collaboration with WEG SA and Norway’s Statkraft AS, has launched the most powerful onshore wind turbine ever installed in Brazil. Located in Bahia state, this 7-megawatt (“MW”) turbine marks a transformative moment for renewable energy in the region and sets a new benchmark for the country’s wind power sector. Strategic... Continue Reading →
Sept 23 (Reuters) - Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show. In filings submitted on Thursday, the firms said the merger between Norway's Subsea7 and Italy's Saipem would bring a level of concentration... Continue Reading →
Sept 23 (Reuters) - Brazilian motor maker WEG (WEGE3.SA), opens new tab will invest $77 million in a U.S. specialty transformer manufacturing facility, it said on Tuesday, seeking to increase the plant's production capacity by 50% as artificial intelligence fuels demand in the country. The investment in the Washington, Missouri, plant targets the production of transformers seen as essential... Continue Reading →
Sept. 23 (PN) Equinor has completed the 15-km shallow-water section of the Raia Gas Pipeline. The 200-kilometer line will connect the Raia FPSO to the gas transmission network near Cabiúnas, in Macaé, Rio de Janeiro. Operations are scheduled to begin in 2028. Installation of the shallow-water section took approximately two months. In the next stage,... Continue Reading →
Sept 22 (Reuters) - Exxon Mobil said on Monday it greenlit funding its seventh development project in Guyana called Hammerhead, bringing its oil joint venture another step closer to its goal of producing 1.7 million barrels of oil equivalent per day by 2030 from the country. The prolific Stabroek Block off the coast of Guyana is... Continue Reading →
Sept. 22 (OE) Forum Energy Technologies (FET) has launched its next generation remotely operated vehicle (ROV) control system – ICE Unity. In what is a significant leap forward for ROV control technology, the introduction of ICE Unity meets the increasing sector demand for data and control access from outside the core control system. Key features... Continue Reading →
Sept. 22 (offshore-energy.biz) Oilfield services company NOV has won a contract to provide a mooring solution for an offshore floating liquefied natural gas (FLNG) project in the Gulf of San Matías, offshore Argentina. The project will see the redeployment of FLNG Hilli Episeyo, a unit which previously operated offshore Cameroon. Also known as FLNG Hilli, the... Continue Reading →
Sept. 22 (Reuters) Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announced further job cuts, citing an impact from project delays, sending its shares lower. Shares in Fugro were down around 11% to their lowest since March 2022 at 0705 GMT. The company said that projects in the offshore wind and... Continue Reading →
