Norway-based TMC Compressors has been awarded a contract to deliver a large marine compressed air system for the Brazil-bound FPSO Anita Garibaldi. The FPSO - to be delivered by Japan's MODEC in 2022- will be deployed at Petrobras' Marlim field in the Campos Basin. TMC will deliver a large marine compressed air system to FPSO... Continue Reading →
The pre-salt represents 73% of Brazil’s total oil production in February
In February 2021, Brazilian oil and natural gas production in the Pre-salt was approximately 2.6 million barrels of oil equivalent per day (boe / d). This volume represented 73.14% of the total in the country, the highest percentage of Pre-salt participation in national production ever recorded. Total Brazilian production was 3.55 million boe / d.... Continue Reading →
Guyana’s First Offshore Oil Field Now at Full Output Capacity, President Says
Guyana's President Irfaan Ali said on Wednesday that the first phase of the Liza offshore crude project had achieved its intended full production capacity of around 130,000 barrels per day (bpd). Ali told the Guyana Basins Summit that he expected an additional 10 exploration and appraisal wells to be drilled off the South American country's... Continue Reading →
Keppel wraps up topside integration on SBM’s Liza Unity FPSO
Singapore’s Keppel shipyard has reached a major milestone in the construction of the SBM Offshore-owned Liza Unity FPSO with the completion of the topsides lifting campaign. The China-built Fast4Ward FPSO hull arrived in Singapore in January 2020. In November 2020, Keppel started the topside integration phase on the FPSO. SBM Offshore reported on Tuesday that the topsides lifting campaign... Continue Reading →
PETROBRAS LAUNCHES TENDER FOR COLLECTION SYSTEM FOR THE SIXTH FPSO OF BUZIOS
The encouraging projections for the Brazilian subsea market in 2021 are starting to materialize. Petrobras launched a tender for contracting the production collection system and anchoring services of the FPSO Almirante Tamandaré, the sixth production unit in the Buzios field, earlier this week. The bidding will last until June 7, when the state company will... Continue Reading →
SBM Offshore orders fourth Fast4Ward FPSO hull from SWS
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 →
Is This The World’s Next Big Offshore Oil Region?
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 →
Production in the pre-salt grows 8.2% in January to 2.629 MMboe / d
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 →
PETRO RIO – 4Q20 & 2020 EARNINGS RELEASE
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 SAYS THAT BRAZIL WILL HAVE HIGHEST NUMBER OF SUBSEA PROJECTS IN 2021
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 →
Brazil Energy Insight 