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 →
PROGRESS REPORT ON THE CONSTRUCTION OF THE NEW MERO, BÚZIOS AND MARLIN FPSOS IN ASIA
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 WILL TENDER THIS YEAR THE FPSO FOR SERGIPE-ALAGOAS
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 →
Petrobras to order Brazil’s largest oil production unit from SBM Offshore
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 →
Brazil Energy Insight 