ABB teams up with Yinson on offshore oil and gas project in Brazil
ABB to deliver complete electrical, control and telecommunication solutions to drive efficiency and productivity for a new floating production, storage and offloading (FPSO) vessel.
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ABB to deliver complete electrical, control and telecommunication solutions to drive efficiency and productivity for a new floating production, storage and offloading (FPSO) vessel.
Saipem is to install a rigid riser-based subsea system to serve the Búzios pre-salt project offshore Brazil.
The company will carry out the Brazil Nebula survey extension for CGG and a 3D scope for Oil India lasting 1.5 months, starting in 3Q20.
The FPSO operating the well has the capacity to process up to 150 000 bpd and treat up to 6 million m3 of natural gas.
MAN will supply Yinson with four RB-type centrifugal-compressor trains for gas production and export, as well as two screw-compressor trains, which will be put into operation as vapour-recovery units.
The company is selling its entire stake in the Atum, Curimã, Espada and Xaréu shallow-water oilfields.
Rystad Energy has released its annual global energy outlook, which claims that the Covid-19 downturn will expedite peak oil demand.
The contract for the lease and operation of the BW Cidade de São Vicente will now expire on 9 October 2020.
The survey is located south of the high-profile discoveries in the Santos Basin and the recent sought-after blocks offered in Rounds 15 and 16.
The sale is in line with the company's decision to focus its resources increasingly on deep and ultra-deep waters.
Shell is the operator of the block with a 45% stake, along with Chevron, also at 45%, and Ecopetrol, with 10%.
The Parque das Baleias Area offshore Brazil has reached the mark of 1 billion bbl of oil produced.