CRP Subsea delivers ultra-deepwater DBMs in Brazil

CRP Subsea has delivered more than 140 Distributed Buoyancy Modules (DBMs), said to be the biggest in the world, for the ultra-deepwaters in Brazil. In the ultra-deepwaters, the DBMs will be creating steel lazy wave riser (SLWR) configurations, protecting steel pipelines from stress and fatigue, CRP Subsea said. The project incorporates several rigid SLWR pipelines... Continue Reading →

Pemex restores oil output suspended after fatal fire

Mexican national oil and gas company Pemex has restarted production from its Ku-Maloob-Zaap complex, located offshore Mexico, following a shutdown due to a fatal incident earlier in August. The fire erupted on the E-Ku-A2 platform located in the Bay of Campeche in the Gulf of Mexico on Sunday, 22 August 2021. The incident resulted in the deaths of five... Continue Reading →

Petrobras announces redemption of two series of Notes 

Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 4.250% Global Notes due 2023 (“4.250% Notes”) and 4.375% Global Notes due 2023 (“4.375% Notes” and, together with the 4.250% Notes, the “Notes”). Title of SecurityCUSIPISINCommon... Continue Reading →

Petrobras on the petrochemical segment 

Petróleo Brasileiro S.A. – Petrobras informs that, following up on the releases disclosed on June 8, 2021, August 9 and August 20, 2021, it maintains its position of seeking the full sale of its interest in Braskem and is monitoring the process of divestment of the stake held by Novonor. As part of its active... Continue Reading →

Deepwater rigs vulnerable to cyber attacks

(Offshore) Cyber defense provider Naval Dome and a major international operating company have completed a joint two-year project to identify and mitigate cyber risks common to deepwater drilling rigs. The project’s findings indicate that the minimum industry guidelines, regulations, and security techniques are out of step with current platform technology, connectivity requirements, and cyber-attack methodology. It culminated in... Continue Reading →

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