Brought to you by Quest Offshore & Southern Cone Consultants
Dutch FPSO giant SBM Offshore has ordered the fourth Fast4Ward FPSO hull from the Chinese Shanghai Waigaoqiao Shipbuilding (SWS) shipyard. SWS said that his type of FPSO hull also adopts SBM’s ‘universal’ hull design concept and has an oil storage capacity of 2.3 million barrels of crude oil. It also meets the marine environmental conditions... Continue Reading →
The COVID-19 pandemic, 2020 crude oil price crash and ongoing global petroleum supply glut have done little to slow the growth of South America’s massive offshore oil boom. The colossal oil boom underway in the tiny South American nation of Guyana is gaining momentum, while Suriname is on the cusp of experiencing its own and... Continue Reading →
The Monthly Bulletin of Oil and Natural Gas Production for the month of January 2021 from the ANP was released. Among the highlights of the publication is the 8.2% growth in pre-salt production compared to the previous month, totaling 2,629 MMboe / d, with 2,074 MMbbl / d of oil and 88.3 MMm3 / d... Continue Reading →
Message from the Management “We thank all our employees for your dedication, resilience and optimism in such a challenging year. We met this trial and remained healthy. You have achieved much in an uncertain scenario, maintaining the highest standards of safety and efficiency, and you deserve our gratitude. The same message is valid for society... Continue Reading →
TechnipFMC's expectations with the Brazilian market are high. The company recently released its 2020 financial results and also presented its outlook for this year. According to the company, Brazil will be the country with the highest number of new subsea project orders in 2021. The company has mapped eight opportunities for new contracts in the... Continue Reading →
Asian shipyards are making progress on the construction of future Petrobras FPSOs that will start operating on the Brazilian coast between 2021 and 2024. In recent months, many of them have made considerable progress in their works. The next unit in Búzios, the FPSO Almirante Barroso is now almost 60% finished. The platform ship should... Continue Reading →
Petrobras intends to go to the market this year to contract the FPSO for the deep water project in the Sergipe-Alagoas Basin (SEAP). The information was revealed this morning by the company's production development director, Rudimar Lorenzatto, during a conference call with analysts and investors. The executive also confirmed that the SEAP conceptual project was... Continue Reading →
Brazilian oil and gas giant Petrobras has signed a letter of intent with SBM Offshore for the chartering and provision of services for the FPSO Almirante Tamandaré, to be installed in the Búzios field, located in the Santos Basin pre-salt area off Brazil. Petrobras said on Wednesday that the FPSO will be the sixth unit... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 04/03/2018, informs that it signed today with SPE Miranga S.A., a wholly owned subsidiary of PetroRecôncavo S.A., a contract for the sale of its total stake in nine onshore exploration and production fields, called Miranga Cluster, located in the state of Bahia. The... Continue Reading →
Brazilian oil and gas company Enauta, formerly known as QGEP, has resumed production from its Atlanta field, located off Brazil, after a nearly month-long shutdown due to repairs. The Atlanta field Early Production System started production in May 2018, almost two years behind the schedule. The EPS is comprised of three productions wells connected to the FPSO... Continue Reading →
Brazil Energy Insight 