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(OP) In Guyana’s territorial waters, after Exxon’s swathe of world-class petroleum discoveries, gigantic ships called floating production storage and offloading (FPSO) vessels are sucking crude oil from reservoirs up to four miles below the Earth’s surface. Since then, it has been estimated the former British colony of just over 800,000 possesses at least 11 billion barrels of recoverable... Continue Reading →
BrasFELS Shipyard (BrasFELS), a member of the Singapore-headquartered Seatrium Limited, former Sembcorp Marine Ltd before the merger with Keppel Offshore & Marine Limited, has won a contract with Offshore Frontier Solutions Pte. Ltd, a MODEC Group company, to undertake parts of the topside modules fabrication of a floating production, storage, and offloading (FPSO) for an Equinor-operated... Continue Reading →
ANP released the Monthly Oil and Natural Gas Production Bulletin for October 2023, which provides consolidated data on national production. Total production (oil + natural gas) was 4.502 million barrels of oil equivalent per day (MMboe/d). Regarding oil, 3.543 million barrels per day (MMbbl/d) were extracted, a reduction of 3.5% compared to the previous month... Continue Reading →
(PN) The Brazilian Environmental Institute (Ibama) issued the operating license for FSO Pargo, which will be operated by Perenco at the Pargo Complex, in the Campos Basin. The license will last for eight years. FSO type ships are only used for storage and transport – and therefore do not have modules on their topside. The... Continue Reading →
(OET) Dutch designer and manufacturer of heavy construction equipment Huisman has unveiled a cable-lay system that ensures fast mobilization and demobilization. This development has been spurred by the growing market need for diverse deployment scenarios of multi-purpose vessels (MPVs). The Dutch player dedicated to providing sustainable solutions for the installation of future offshore wind farms... Continue Reading →
(OET) Italy’s engineering, drilling, and construction services provider Saipem has tucked under its belt two new offshore contracts worth approximately $1.9 billion for work with ExxonMobil’s subsidiary ExxonMobil Guyana Limited and Equinor. As a result, the Italian player will carry out operations for the U.S. oil major in Guyana while the assignment with the Norwegian state-owned... Continue Reading →
Damen Shipyards Group has officially launched its latest vessel, a fully electric ServiceOperations Vessel (SOV), 70 metres x 17 metres. With its offshore charging capabilities, the vesselpaves the way for significantly reduced emissions in the maintenance of offshore wind farms.Creating a total solutionThree years ago, Damen set out to assess the feasibility of an electric... Continue Reading →
(OE) NOV has unveiled a new installation vessel concept design tailored specifically for the unique challenges of the emerging floating offshore wind sector. Floating wind farms are often farther offshore, in deeper waters and in harsher environments, therefore requiring new and robust installation strategies. According to NOV, its new floating wind installation vessel (FWIV) concept—part... Continue Reading →
Strohm, the world’s first and leading thermoplastic composite pipe (TCP) technology company, has taken a big step towards expanding its TCP operating envelope. DNV has issued a Statement of Qualified Technology for Strohm’s 6-inch EGF-PE pipe, as per the DNV-ST-F119 standard, for its use as a flowline or jumper in deep waters. It is the... Continue Reading →
Philip Lewis contributor (OE) The U.S. offshore wind market presents a $1 billion long-term opportunity to builders of crew transfer vessels (CTV) and service operation vessels (SOV) that will support both wind farm construction and long-term operations and maintenance. Unlike many of the construction vessels to be deployed on U.S. wind projects, CTVs and SOVs... Continue Reading →
Brazil Energy Insight 