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Petroleo Brasileiro (Petrobras) has signed a Letter of Intent (LoI) with Malaysia's MISC Berhad for the charter of a floating production, storage and offloading (FPSO) vessel, to be deployed at the Mero field. The Mero field is an ultra-deepwater oilfield situated approximately 180km offshore Rio de Janeiro in the Libra block, Brazil. The FPSO is expected to commence operation in the first half of 2024.
Remazel engineering, an Italy based firm has secured a contract from Bluewater for work on the Jotun FPSO upgrade project. According to the contract, Remazel Engineering will supply the complete mooring and riser pull-in system for the FPSO. The contract includes the design and manufacturing of three windlasses of 250t and a single drum winch for riser pull in.
Norway's BW Offshore has landed a five-year contract for the lease and operation of the BW Pioneer from MP Gulf of Mexico, LLC. The contract, concluding in March 2025, has an option to extend for another five-year. CEO, BW Offshore said, “We are very pleased to have reached a long-term agreement with MP GOM for the BW Pioneer, confirming our strong relationship with MP GOM on the Cascade and Chinook fields”.
"Total E&P has awarded Subsea 7 with a contract for the development of the Lapa North East field in Brazil. The contract will require Subsea 7 to transport, install and pre-commission 35km of flexible pipelines, apart from 20kms of umbilical, connecting five wells to the FPSO, Cidade de Caraguatatuba. The Lapa field is operated by Total E&P Brasil, where Shell and Repsol-Sinopec are partners."
Sembcorp Marine has landed an exclusive FPSO FEED contract from Siccar Point Energy for its Cambo field development on the UK Continental Shelf. The contract will require Sembcorp to carry out the design of a Sevan cylindrical FPSO. Sembcorp Marine has hired KBR for the design of topsides and integration support, with work being carried out in Singapore and Norway.
MODEC has informed Petrobras about the cracks at the hull of FPSO Cidade do Rio de Janeiro, at the Espadarte field. Leakage of 1.2 cubic meters of residual oil was reported during the weekend. Seven vessels have been sent to the location for recovery and dispersion. FPSO Cidade do Rio de Janeiro is in departure procedure from Espadarte location.
Brazilian state-owned Petrobras has awarded the FPSO contract for the Mero field to SBM Offshore. The contract will require the Dutch FPSO specialist to design and operate the 180,000 barrels of oil per day (bopd) FPSO Mero 2. Scheduled for delivery in 2022, the FPSO Mero 2 vessel will leverage SBM Offshore’s Fast4Ward programme. The programme integrates the firm’s novel built, multi-purpose hull with numerous standardized topsides modules.
Indian oil major, ONGC has awarded a contract to the Bumi Armada-Shapoorji Pallonji JV for the provision of a floating production, storage and offloading (FPSO) vessel. The contract pertains to the ONGC NELP Block KG – DWN 98/2 development project cluster-II field, situated on the east coast of Kakinada, offshore India. The nine-year contract award will earn the JV approximately $2.1 billion (RM8.8bil).
A number of scheduled and unscheduled stoppages went on to become the reason for Petrobras' profit downturn in the first quarter. Consequently, the company reported a drop in oil production by 3.5%. The production declined to about 2.4 million barrels of oil equivalent per day attributed by the maintenance work and other interruptions at platforms and FPSO units in January and February.
Japanese offshore floating platform supplier, MODEC International has secured the FEED contract for Woodside Energy’s SNE Field Development Phase 1 floating production storage and offloading (FPSO) facility. The total capacity of the FPSO is estimated to be 100,000 bbl/day, with first oil expected in 2022. The design of FPSO will be carried out in a way that it allows the integration of subsequent SNE development phases.
Supermajor Total has informed about initiating production from the Egina field, offshore Nigeria. Egina field is estimated to produce 200,000 bopd. The field is being developed using Total’s largest ever Floating Production Storage and Offloading (FPSO) unit. A 30% reduction in the drilling time per well has allowed Total to achieve the startup approximately 10% less than the initial budget.
Production has commenced from the eighth platform installed in the Lula field, offshore Brazil. The BM-S-11 concession is operated by Brazilian state-owned, Petrobras where Shell and Petrogal Brasil are partners. Oil and natural gas is being produced from the P-69 FPSO in the Lula field through eight producing wells and utilising seven injection wells. Lula field entered into production phase in October 2010.
Eni Mexico has handed Japan’s MODEC a Letter of Intent for supplying, chartering and operating an FPSO vessel for its Area 1 project in Mexico. MODEC will carry out the engineering, procurement, construction, mobilization, installation and operation of the FPSO at the Area 1 project. First oil production by FPSO is scheduled in 2021.
The subsea production system for Petrobras’ Mero 1 project will be supplied by Norway’s Aker Solutions. The subsea production system, which will consist of 12 vertical subsea trees, will be manufactured at the São José dos Pinhais and Rio das Ostras facility. The Norwegian energy service company is already working on the project, with deliveries scheduled for 2020. The subsea production system will be hooked up to Guanabara FPSO.
Aker Solutions has informed that the company has entered into a five-year agreement with BP in Angola, effective from Q3 of present fiscal year. The contract will see Aker Solutions supply brownfield modifications, maintenance and operations support for BP’s Greater Plutonio and PSVM fields offshore Angola. Aker will also provide engineering, procurement, and construction services on the floating production, FPSO vessels at each field for brownfield projects.
Oilfield services provider, Petrofac has received one year extension for its services on oil major, Chevron’s rigs in the North Sea. Petrofac has been providing engineering services, apart from operations, maintenance and construction personnel to Chevron from 2014. The service provider has carried out installations of Alba Northern, Erskine, and Captain Platforms, along with the Alba FSU and Captain FPSO vessel.
UK oil and gas company, Hurricane Energy, has updated about its operation in the Early Production System development of Lancaster field (Lancaster EPS). According to the information provided by the company, the offshore installation has been successfully completed and only proactive rock dumping program is left. The final activity will be completed by October. After the completion, FPSO, Aoka Mizu will take over the field.
Nigeria’s oil and gas sector achieved another milestone yesterday as the $3.3 billion Floating Production Storage Offloading (FPSO) unit set sail to the Total’s Egina oilfield. The vessel is manufactured by Samsung Heavy Industries (SHI) for the 200,000 barrels per day capacity Egina oilfield. The Egina FPSO sailed away from Samsung Yard in South Korea in 2017, and arrived at the Samsung Yard in Lagos, this January 2018.