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(OE) Kongsberg Maritime has unveiled a range of innovative methods designed to transform and industrialize the transportation and installation (T&I) of floating offshore wind turbines. The new solutions have been developed to streamline the entire process, from anchor and mooring installation through to electrical cable pull-in, ensuring that turbines are ready to be connected to... Continue Reading →
Subsea7 managed to come out on top and present the best proposal in a Petrobras bidding process for the supply of SURF (subsea umbilicals, risers and flowlines) for the P-83 (Buzios 11) platform vessel. The Norwegian company submitted an offer of R$8.45 billion (US$1.4 billion) in the competition. The Swiss company Allseas came in second... Continue Reading →
(offshore-energy.biz) Suriname’s national oil company (NOC) Staatsolie Maatschappij Suriname (Staatsolie) is taking action to secure the money required to cover its part of the development costs for the first-ever offshore oil field in Suriname, which is operated by France’s energy giant TotalEnergies. Based on the production sharing contract for Block 58, Staatsolie has the right... Continue Reading →
Rhonda Moniz, Contributor Dominion Energy, Inc. provided updates on the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project. The fully permitted project is now approximately 50% complete and remains on track for on-time completion by the end of 2026. CVOW continues to achieve construction milestones, including successfully installing the first 16 transition pieces, which connect the foundation and tower... Continue Reading →
Highlights – 2024In 2024, Petrobras achieved all the production targets set out in its 2024-2028+ Strategic Plan, within the ±4% range.Total oil and natural gas production reached 2.7 million barrels of oil equivalent per day (boed). Commercial production of oil and natural gas in 2024 reached 2.4 million boed and oil production was 2.2 million... Continue Reading →
In 2024, the Brazilian average annual production of oil and natural gas reached 4.322 million barrels of oil equivalent per day (boe/d), remaining stable compared to 2023. There was a reduction of 0.5% in 2024, compared to the total for the previous year, which reached a record of 4.344 million boe/d. In the case of... Continue Reading →
(OE) Energy technology company Baker Hughes has secured a contract from ExxonMobil Guyana to provide specialty chemicals and related services for its Uaru and Whiptail offshore greenfield developments in Guyana’s Stabroek Block The multi-year contract includes all topsides, subsea, water injection and utility chemicals for the Errea Wittu and Jaguar floating production storage and offloading... Continue Reading →
SBM Offshore confirms it has completed the transactions related to the Share Purchase Agreements announced on September 6, 2024 with its partner MISC Berhad for: i) the acquisition of MISC Berhad’s entire effective equity interest in the lease and operating entities related to the FPSO Espirito Santo in Brazil; and ii) the full divestment to MISC Berhad... Continue Reading →
Chinese EPCI company COOEC has completed the construction of 13 topside modules for FPSO P-79, which will be installed in the Buzios field, in the pre-salt layer of the Santos Basin. The Asian company was responsible for the design, acquisition, construction and onboard installation of the equipment. The modules, which weigh almost 30,000 tons and... Continue Reading →
MODEC and Toyo Engineering have jointly obtained an Approval in Principle (AiP) from ABS for a Blue Ammonia FPSO that will produce ammonia from the gas supplied by a traditional FPSO located nearby. Blue ammonia is produced from hydrocarbons where the CO2 emitted during production is sequestrated. The Blue Ammonia FPSO will use gas which... Continue Reading →
