Brazilian state-run oil company Petrobras has reached a milestone with the Almirante Tamandaré floating production, storage and offloading (FPSO) unit, operating in the Búzios field in the pre-salt Santos Basin, with record production rate of 270,000 barrels per day (bpd), surpassing its nominal capacity.The Almirante Tamandaré FPSO, chartered by Petrobras from SBM Offshore, averaged over 250,000 bpd throughout October…
Brazil's state-run oil firm Petrobras is in negotiations with SBM Offshore over two floating production vessels to be commissioned for its Sergipe deepwater projects, Petrobras head of Exploration and Production said on Wednesday.Petrobras hopes…
Oil company PRIO has signed an agreement with Shape Digital, a developer of AI-driven solutions, for the deployment of Shape Lighthouse, an asset management platform designed to enhance operational reliability, reduce maintenance costs, and maximize production…
The Norwegian Offshore Directorate (NOD) has granted Vår Energi a drilling permit for a wildcat well in the North Sea field.The permit is for wellbore 25/8-C-23 D in production license 027.Vår Energi is the operator of the license, with 90% working interest…
U.K.-based oil and gas firm Serica Energy has informed the Triton floating production, storage and offloading (FPSO) has been put back into production after it was shut down due to some technical issues encountered late in September.The production from the Triton FPSO…
Equinor and its partners has started production from the large Bacalhau field in Brazil, whose recoverable reserves exceed 1 billion barrels of oil equivalent (boe).Bacalhau is located in the pre-salt region of Brazil's Santos Basin in ultra-deep water of over 2…
U.K.-based oil and gas firm Serica Energy has decreased its annual production forecast following the temporary suspension of operations at Triton floating production, storage and offloading (FPSO) unit due to technical issues.Serica Energy informed that he production from the Triton FPSO…
MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…
SBM Offshore, an FPSO solutions specialist, and Cognite, an industrial AI company, have announced an acceleration of their strategic partnership to deploy Cognite’s data and AI platform across SBM Offshore’s entire Brazilian fleet.The initiative…
SLB, a global energy technology company, and SBM Offshore, a Floating Production Storage and Offloading (FPSO) solutions specialist, have signed an agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems…
MODEC has been awarded the full engineering, procurement, construction, and installation (EPCI) scope to develop a floating production, storage and offloading (FPSO) vessel for the Hammerhead project in Guyana following a final investment decision (FID) by ExxonMobil…
Seatrium has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its proprietary FLEXHull 1500K-M floating production storage and offloading (FPSO) design.The AiP underscores Seatrium’s ability to deliver advanced solutions for deepwater oil and gas production…
BW Offshore’s BW Opal FPSO has achieved First Gas on September 20, after successfully reaching Ready for Start-Up (RFSU) for the Santos operated Barossa LNG project on September 16, initiating 60% of the contractual dayrate under the charter…
Malaysian independent oil and gas exploration firm Hibiscus Petroleum has spudded a new well at the Teal West field in the North Sea, off the coast of the United Kingdom.The drilling operations is being done with Shelf Drilling’s Shelf Drilling Fortress jack-up rig…
Yinson Production has received Main Scantling Approval (MSA) from classification society DNV for its Meridian purpose-built floating production, storage and offloading (FPSO) hull design.The newly approved Meridian FPSO hull is designed to perform in challenging offshore environments…
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