Floating Production – A Growing Segment in Transition
oil & gas projects into the emerging floating wind segment, with measures including:The use gas and reduction in routine flaring, whether through liquefaction or pipeline export.The increased deployment of carbon capture technologies coupled with the reinjection of carbon dioxide into wells (e.g. Petrobras plans to inject CO2 into pre-salt storage).The wider scale adoption of combined cycle power generation and topside electrification by several leading FPSO owners. Sources of power investigated by some developers for floating production systems include renewable energy, such as offshore wind.Leveraging
EMGS Scoops $11.7M Survey Contract Offshore Brazil
Norway-based Electromagnetic Geoservices (EMGS) has secured a contract with Petrobras for a fully prefunded multi-client survey offshore Brazil.The total contract value is approximately $11.7 million, according to EMGS.The survey is expected to start late March or early April 2024, the company said.“We are delighted to return to Brazil for EMGS’ first acquisition project offshore Brazil in almost 10 years. As 2023 marked a year with little acquisition activity for EMGS, we are very pleased and encouraged by a notable increase in the number of active and mature customer discussions for
Libra Consortium Reaches FID for Mero Field’s Innovative Subsea Tech
, will separate oil from CO2-rich gas at the bottom of the ocean and reinject the gas directly into the reservoir.This technology has the potential to reduce the amount of gas sent to the topside FPSO, thus enabling to reduce the GHG emissions intensity while increasing the field production capacity.Petrobras, operator of the Mero field (38.6%), has earlier in January awarded a contract worth over $1 billion to TechnipFMC, covering engineering, procurement, construction, and installation (iEPCI) of the HISEP at Marechal Duque de Caxias FPSO (Mero 3 project), which is currently under construction."
TechnipFMC Bags $1B Contract with Petrobras
TechnipFMC has been awarded 'major' integrated engineering, procurement, construction, and installation (iEPCI) contract by Petrobras to deliver the Mero 3 HISEP project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir.The contract covers the design, engineering, manufacture, and installation of subsea equipment, including manifolds, flexible and rigid pipes, umbilicals, power distribution, as well as life of field services.For TechnipFMC, a 'major' contract is over $1 billion. This award will be included in first quarter
PXGEO Bags 4D OBN Project in Brazil
Marine geophysical service provider PXGEO on Monday announced it has secured a contract with Brazilian state-owned energy company Petrobras for a 4D Monitor Ocean Bottom Node (OBN) survey in the Santos Basin, Brazil.The survey is to be acquired in water depths up to 2,200 meters with a duration of approximately seven months.
Shearwater, Petrobras Team Up to 'Reshape' Seismic Exploration
Brazilian oil company Petrobras and Norwegian marine seismic services firm Shearwater have entered into a collaborative technology agreement aiming to reshape seismic exploration and field developments.This multi-year strategic partnership is set to evolve the seismic industry to new levels of performance, Shearwater said Wednesday.Central to this endeavor is Shearwater’s marine vibrator, with the engineering name of project BASS. According to Shearwater, this innovative seismic source technology promises significant gains in operational efficiency, seismic data quality, and reduced sound
Oceaneering Wins Five-year Petrobras Contract
Oceaneering's Brazilian subsidiary, Marine Production Systems do Brasil, has secured a five-year contract from the Brazilian oil company Petrobras for the operation of three existing drill pipe riser (“DPR”) systems to support intervention and completion operations in Brazil. Petrobras also has the option to add a fourth DPR system by notifying Oceaneering prior to mid-December 2023. The contract value could be worth up to $75 million in revenue during the five-year contract period.Under the contract terms, Oceaneering will continue to provide Petrobras with services utilizing
Nauticus Robotics Teams Up with MMA Offshore to Deploy Aquanauts in Asia Pacific
can offer a more economical solution compared to conventional methods, Nauticus said."The partnership with MMA Offshore is yet another milestone to bolster Nauticus’ strategic global presence and follows the recent announcement to deploy its autonomous robot, Aquanaut, in Brazil to service Petrobras assets. Earlier in the year, Nauticus had initiated its international expansion with the announcement of opening operating bases in Stavanger, Norway and Aberdeen, Scotland," Nauticus Robotics added.“This MOU is just one in a series of strategic moves we are making to disrupt autonomous
Subsea7 Confirms Remote ROV Piloting Capabilities
deployed remote piloting systems on ROVs in the North Sea region, but this demonstration was our first remote piloting operation conducted for Brazil.”The operations phase, which included pipeline inspection and light intervention tasks, was part of an ongoing contract to provide IRM services for Petrobras. At the time of the remote operations, Petrobras stated: “This project is an example of our ongoing collaboration with Subsea7, with the successful remote piloting trials delivering a high quality of operations across a variety of IRM activities.”The project involved a remote
February 2024
