Subsea7 has issued updates on its offshore oil and gas and wind projects in its latest results statement.
CIMC Raffles, a subsidiary of CIMC Group, has secured engineering, procurement, and construction (EPC) contracts from Seatrium for the supply of the hulls for two floating production storage and offloading (FPSO) units being built for Brazil’s national oil and gas company Petrobras.
Brazilian oil and gas company Enauta has terminated the contract to acquire the floating production, storage, and offloading (FPSO) unit Cidade de Santos from MODEC, announced in relation with the acquisition of Uruguá and Tambaú fields from Petrobras.
Tubular solutions company Vallourec has secured a contract with Petróleo Brasileiro SA (Petrobras) for the supply of 1,800 metric tons of premium carbon steel tubes with Glass Reinforced Epoxy liners (GRE technology), including Corrosion Resistant Alloy (CRA) accessories.
Seatrium has won a USD 8.16-billion contract from Brazil’s Petrobras for the newbuild supply of two FPSOs, the Singaporean company announced on Saturday.
Brazil’s oil giant Petrobras should increase its efforts to boost natural gas supplies and lower prices to help revive the nation’s industry, said mines and energy minister Alexandre Silveira.
zilian state-owned oil and gas giant Petrobras has made an oil discovery at another well in the Equatorial Margin, which stretches along the Brazilian coast from Rio Grande do Norte to Amapá.
Brazilian state-controlled company Petrobras saw earnings down in the final quarter of 2023, as results were affected by the depreciation of Brent crude prices and lower oil products margins.
Brazilian oil and gas major Petrobras – together with partners Shell Brasil, TotalEnergies, China’s CNPC and CNOOC, and the Federal University of Rio Grande do Sul (UFRGS) – has kicked off a series of wind measurements in Brazil’s pre-salt region to collect data for potential offshore wind projects in Búzios and Mero fields.
U.S. oilfield services company Halliburton Co. has announced that it will partner with the Libra Consortium, led by Petrobras, to develop a digital twin for the Mero pre-salt field system in Brazil.
A digital twin spans the lifecycle of the actual system, or object it represents, uses simulation, machine learning and reasoning to help decision making and is updated using real-time data.
Other than creating a single, secure repository for all asset documentation, digital twins can have a positive impact on the operational efficiency, cost, reliability and agility of oil and gas companies.