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Following a downward trend in the number of international offshore rigs, Baker Hughes’ rig count report points out that one more rig joined the working fleet in November 2023 compared to the month before. However, the downward trajectory continues on a y-o-y basis as last month saw two units less than last year. On the... Continue Reading →
(OET) Brazilian oil and gas player Enauta has brought back on stream another well at a field offshore Brazil while a third well is anticipated to return to production in the next 30 days. After Enauta found issues in the subsea pumping electrical system adopted for the FPSO Petrojarl I, the firm temporarily halted the Atlanta field’s production in July 2023. Following the... Continue Reading →
As part of the commitment to identify, measure and reduce methane emissions linked to their activities, TotalEnergies and Petrobras began a collaboration to carry out an evaluation campaign using drone methane measurement technology on FPSO P-70, dedicated to production from the Atapu field, located in the Santos basin in Brazil. In 2022, TotalEnergies set ambitious... Continue Reading →
The FPSO Pioneiro de Libra (PDL), an asset of the Altera&Ocyan joint venture, has just completed six years of operation, in the same year that the Brazilian Pre-salt celebrates seventeen years of its discovery. Since the first oil, in 2017, the platform ship, responsible for the Long Term Test (TLD) and the Early Production Systems... Continue Reading →
(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 →
Brazil Energy Insight 