Dutch FPSO provider SBM Offshore has launched a video of its first completed Fast4Ward FPSO hull arriving in Singapore. As previosuly reported, the hull reached Singapore in mid-January 2019. SBM Offshore said that the Fast4Ward MPF hull had arrived at Keppel in Singapore following its journey of 2,300 nautical miles from the Shanghai Waigaoqiao Shipbuilding and Offshore... Continue Reading →
Uptick for Subsea Tree Installs Coming
Increasing activity, led by scaled down, accelerated projects and subsea tiebacks is helping drive an increasing business in the subsea industry. But there’s slim chance of revisiting the boom days of 2013, the Society of Underwater Technology’s annual Global Subsea Market Outlook Business Breakfast heard this morning. Henning Bjørvik, an analyst in the Oilfield Service... Continue Reading →
FPSO Orders Continue Climb
The swollen number of orders felt in 2019 for floating production, storage and offloading vessels (FPSO) was, it turns out, well above the average number of yearly go-aheads seen in over the past 10 years, a new floater report says. Oil prices and a rush to kickstart industry and national wealth in developing countries appears... Continue Reading →
Promising area may make the 2nd semester 2020 oil auction more attractive
Jan 30, 2020 With the possibility of postponing to 2021 the auctions under the sharing regime and the surplus Transfer of Rights of the Sépia and Atapu areas, the market's attention is focused on the next auction in the concession model, the 17th Bidding Round of the National Agency Petroleum, Natural Gas and Biofuels (ANP),... Continue Reading →
MODEC to supply ‘largest FPSO ever delivered to Brazil’
Japan’s MODEC has signed a sales and purchase agreement (SPA) with Equinor to supply a floating production storage and offloading (FPSO) vessel for the Bacalhau (formerly Carcará) field offshore Brazil. MODEC was awarded a Pre-Front End Engineering Design (Pre-FEED) contract for the FPSO in December 2018 and has now been selected as the turnkey contractor... Continue Reading →
Damen reveals new offshore support vessel concept
Dutch shipbuilding company Damen has developed a new concept vessel – the Offshore Support Vessel (OSV) 9020. The vessel has been designed to perform a variety of offshore tasks both at surface level and subsea, Damen said in a statement on Monday. “We were approached by several different operators at the same time, all looking... Continue Reading →
FPSO P-70 ARRIVES FROM CHINA AND IS ANCHORED IN THE GUANABARA BAY TO RECEIVE THE LAST ADJUSTMENTS BEFORE PRODUCTION AT ATAPU
JAN 24, , 2020 The FPSO P-70, which began its journey to Brazil on December 9 last year, is anchored in Guanabara Bay. The FPSO will carry out its activities in the Atapu field, in the Santos Basin pre-salt. The unit left the COOEC shipyard in Qingdao, China, where the integration works for the platform... Continue Reading →
TECHNOLOGY DEVELOPED BY IBM MAY INCREASE THE WITHDRAWAL MARGIN OF CRYSTALLED OIL IN ROCKS
JAN 23, 2020 Technicians at the IBM Brasil research laboratory have developed an unprecedented technology that analyzes the flow of liquids, such as water, oil and carbon dioxide, in porous media, such as rocks or soil. IBM FlowDiscovery (FD) aims to reduce the environmental impact caused by the most different industrial processes, from oil extraction... Continue Reading →
Hybrid Autonomous Systems Evolve
Marine autonomous systems and combinations of such systems are being increasingly put to the test in the offshore space. Elaine Maslin looks at how hybrid remote and autonomous systems are now being tested. Concepts like resident subsea vehicles, for inspection, repair and maintenance, are attractive options, but not the only ones being tried. Deploying remotely... Continue Reading →
Telxius BRUSA Cable Achieves 160 Tbps with Ciena’s WaveLogic 5
BRUSA is a high capacity submarine cable connecting Brazil and the Americas. It was opened for business in August 2018 and stretches approximately 10,200 kilometers between Rio de Janeiro, Brazil, and Virginia Beach, USA. WaveLogic 5 Extreme was used on the BRUSA cable to provide greater scale and increased economic efficiencies and deliver 50 percent... Continue Reading →