Subsea Production Systems—Will 2019 Be a Tipping Point?
The past year ended with a surge of subsea tree awards as E&P operators locked in lower supply-chain cost. Will demand continue to grow in 2019 and allow subsea OEMs to build backlogs and take back pricing power?
New Regulations To Fast-Track Brazil FPSO Deployment, Boost Presalt Oil Production
New local content regulations could speed up the pace of presalt oil production by more than 21 billion bbl by the mid-2020s. Karoon and Parnaíba Gás Natural are the first companies to apply to change their contract terms. Petrobras, Shell, BP, ExxonMobil, Petrogal, and Anadarko are also interested.
Statoil Christens NY Offshore Wind Project
Statoil selected the name “Empire Wind” for its offshore wind site located off the southern coast of Long Island, New York. The company also recently stepped into solar power in Brazil.
Planning and Estimating Costs for Field Decommissioning in Brazil
This paper aims to develop a Brazilian baseline for front-end planning and cost estimation of the decommissioning, removal, and disposal options.
Shell Brazil Project Wins Honor
Shell’s Parque das Conchas project, an ultradeepwater heavy-oil development in the northern Campos basin offshore Brazil, has won the IPTC Excellence in Project Integration Award. The award recognizes significant and unique achievements in managing and directing a project from discovery to delivery.
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