Subsea7 awarded ‘super-major’ contract offshore Brazil

Subsea7 announce the award of a super-major contract by Petrobras, after winning a competitive tender, for the development of the  Búzios 9 field located approximately 180 kilometres off the coast of the state of Rio de Janeiro, Brazil, at 2,000 metres water depth in the pre-salt Santos basin.

The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning of 102 kilometres of rigid risers and flowlines for the steel lazy wave production system.

Project management and engineering will commence immediately at Subsea7’s offices in Rio de Janeiro and Paris. Fabrication of the pipelines will take place at Subsea7’s spoolbase at Ubu in the state of Espirito Santo, Brazil, and offshore operations are scheduled to be executed in 2026 and 2027.

Yann Cottart, Vice-President Brazil said: “This new award strengthens our diverse portfolio of projects in Brazil and affirms our position as a trusted contractor of Petrobras. Subsea7 looks forward to continuing this strong, collaborative relationship as we work together to successfully deliver the Búzios 9 project.”

Subsea7 awarded a contract for the Belinda field in the UK North Sea

Subsea7 today announced the award of a sizeable contract by Serica Energy, for the Belinda field development south-east of the Triton FPSO. The Belinda field is operated by Serica Energy and located approximately 190 kilometres east of Aberdeen in the UK Central North Sea, with a water depth of 95 metres.

The contract scope includes project management, engineering, procurement, construction and installation (EPCI) of a 5-kilometre 8” production pipeline with a 3” piggy-backed gas lift line and an electro-hydraulic controls (EHC) umbilical. Subsea7’s scope also includes associated subsea structures and tie-ins to the Triton Floating Production Storage & Offloading (FPSO) vessel operated by Dana Petroleum, via an existing production manifold near the Triton riser base and for controls at the Evelyn valve skid.

Project management and engineering work will commence immediately in Aberdeen. The offshore activities are scheduled for Q3 2025.

Steve Wisely, Senior Vice President of UK and Global Inspection, Repair and Maintenance, Subsea7, said: “We are pleased to have this opportunity to supply Serica Energy with EPCI knowledge and demonstrate the extensive North Sea expertise we have amassed over 50 years. We look forward to supporting the safe, efficient and timely execution of this project.”

Seatrium Secures FPSO Newbuild Contracts P-84 And P-85 From Petrobras

Seatrium Limited (Seatrium, or the Group), a global provider of engineering solutions to the offshore, marine, and energy industries, has won an international tender from Brazil’s National Oil Company, Petróleo Brasileiro S.A. (Petrobras), acting as operator of Atapu1 and Sepia2 consortiums, for the newbuild supply of Floating Production Storage and Offloading vessels (FPSO) platforms P-84 and P-85. With the contracts valued at approximately S$11 billion, these high throughput FPSOs will be deployed in the Atapu and Sépia fields, located in the eastern part of the Santos Basin, approximately 200 kilometres offshore of Rio de Janeiro in Brazil. 

The P-84 and P-85 platforms are part of Petrobras' new generation of FPSO platforms, characterised by a high production capacity that prioritise sustainable practices with innovative technologies. The P-84 and P-85 FPSOs will each have a production capacity of 225,000 barrels of oil per day (bopd) and gas processing capacity of 10 million cubic meters per day (Sm3 /d). Both FPSOs will incorporate advanced technologies such as zero routine flaring and venting, variable speed drives and measures to control emissions and capture CO2, including an all-electric concept, which focuses on efficient power generation and increased energy efficiency to achieve a 30% reduction in greenhouse gas emissions intensity. These features will enhance operational efficiency and reduce environmental impact, showcasing Seatrium's commitment to responsible and sustainable operations. 

Construction for the P-84 and P-85 FPSOs will commence in first quarter of 2025 with the final delivery expected to be in 2029. 

Supply of the FPSO platforms will leverage the Group’s “One Seatrium Delivery Model”, where operations and engineering support are integrated across different yards globally. Seatrium’s facilities in Brazil, China, and Singapore will manufacture the modules, weighing an impressive 60,000 metric tonnes, with the outsourced hull and accommodation transported to Singapore for topside module integration and commissioning. After successful integration and commissioning in Singapore, the FPSO platforms will be towed to the Atapu and Sépia fields for offshore commissioning.

Qatarenergy Announces FID In the Second Development Phase For Brazil’s Sépia Field

QatarEnergy announces that the consortium partners in the Sepia joint venture have taken the final investment decision (FID) for the second development phase of the Sépia field, located in the prolific pre-salt Santos Basin, offshore Brazil.

The Sepia joint venture is a partnership between QatarEnergy, TotalEnergies, Petronas, Petrogal Brazil, and Petrobras (the operator).

The FID was marked by the signing of a contract with Seatrium O&G Americas Limited to construct a floating production storage and offloading (FPSO) unit to operate in the ultra-deep waters of the Sepia field. The FPSO will have a crude oil production capacity of 225,000 barrels of oil per day, and a gas processing capacity of ten million cubic meters per day.

His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, welcomed the award of the contract as an important landmark in QatarEnergy’s activities in Brazil.

The FPSO is expected to result in reducing greenhouse gas emission intensity per barrel of oil equivalent by 30%. The reduction is due to the benefits of an all-electric configuration and optimizations in the processing plant to increase energy efficiency. The FPSO also incorporates several environmental technologies, such as: zero routine ventilation (recovery of ventilated gases from cargo tanks and the processing), deep seawater capture, use of speed variators in pumps and compressors, cogeneration (Waste Heat Recovery Unit), routine zero burning (torch gas recovery – closed flare), valves with requirements for low fugitive emissions and the capture, use and geological storage of CO2 from the gas produced.
The FPSO’s construction will be carried out in shipyards in Brazil, China, and Singapore. It will be the second FPSO in the Sepia field (in addition to the already operating Carioca FPSO) and will target the northern part of the Sépia field.

Consortium led by Tecnimont (MAIRE) awarded a USD 2.3 billion gas project by SONATRACH in Algeria aimed at bolstering Europe’s energy security

MAIRE (MAIRE.MI) announces that a consortium composed by its subsidiary Tecnimont (Integrated E&C Solutions) and Baker Hughes has been awarded by SONATRACH an Engineering, Procurement and Construction (EPC) contract for the implementation of three gas boosting stations and the upgrading of the gathering system, located at the Hassi R’mel gas field, 550 kilometers south of Algiers. The gas field is the largest in Algeria and one of the largest in the world. The overall contract value is about USD 2.3 billion, of which USD 1.7 billion relates to Tecnimont.

The scope of the project entails the implementation of three gas boosting stations, including turbo-compressors that will compress about 188 million standard cubic meters per day of natural gas. Additionally, the project entails the upgrading of the existing gas gathering system, which includes more than 300 km of flowlines connecting the wells. Completion of the project is scheduled within 39 months from the contract’s effective date.

The boosting stations, along with the gathering system, will maintain the pressure of the gas as it travels through the pipelines, allowing it to continue flowing more efficiently and ensuring a reliable and uninterrupted supply of natural gas to Italy, and subsequently to Europe as a whole. With this contract, MAIRE confirms its standing as a key engineering player in strategic energy projects, significantly contributing to the optimization of the gas supply from Algeria, thus diversifying Italy and Europe’s energy sources. This initiative consolidates the relationships between the two sides of the Mediterranean, reinforcing EU-Africa cooperation.

Alessandro Bernini, Chief Executive Officer of MAIRE group, commented: “After the award of the linear alkyl benzene (LAB) plant in the industrial zone of Skikda last March, SONATRACH once again relies on our Group’s execution capabilities. The development of this new crucial project strengthens our relationship with SONATRACH and, most importantly, the bilateral relations between Italy and Algeria. This award, in fact, represents a strong recognition of the entire Italian value chain, having Baker Hughes as partner and, more broadly, an important economic impact on our country”.

Baker Hughes to Support Strategic Gas Project in Algeria to Enhance Italy, Europe’s Energy Security

Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday it was awarded a major contract from SONATRACH for a gas-boosting project for the Hassi R’Mel gas field in Algeria. The contract is part of a broader order awarded to a consortium between Baker Hughes and Tecnimont, part of technology and engineering group MAIRE. The signing ceremony took place in Algiers in the presence of the three company CEOs: Rachid Hachichi of SONATRACH, Lorenzo Simonelli of Baker Hughes, and Alessandro Bernini of MAIRE, as well as H.E. Mohamed Arkab, Minister of Energy & Mines.

Baker Hughes’ awarded scope includes the supply of 20 compression trains based on Frame 5 gas turbine and BCL compressor technology, which will be installed across three gas boosting stations within the Hassi R’ Mel gas field. Located 550 km south of Algiers, Hassi R’ Mel is the largest gas field in Algeria and one of the largest in the world, representing a key source of energy supply for Algeria and Europe. Baker Hughes’ proven technology solutions are expected to play a central role in the project by boosting and stabilizing the pressure of natural gas and increasing production at site, which will enhance Algeria’s domestic energy system and economy as well as Europe’s energy security.

“Today’s announcement marks a notable milestone in our historical collaboration with SONATRACH for key energy projects in Algeria that have played a crucial role in supplying reliable energy to Europe,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes. “We have long believed that it is critical to increase gas within the overall global energy mix to help achieve a lower-carbon economy. This project helps to solve for energy producers’ multi-faceted challenge of driving sustainable energy development as energy demand increases. We are proud to support such a critical energy project in partnership with Tecnimont.”

The new gas-boosting stations are part of Algeria’s ambitious plan to strengthen its role in the global energy market and its commitment to natural gas as a key energy source for socio-economic development. According to Bloomberg NEF, Algeria became the second-largest gas supplier to Europe in 2023, further strengthening the country’s role in enhancing the energy security of the continent, particularly in Italy where Algeria represents the biggest single source of import. The Hassi R’ Mel Project is part of a broader strategic collaboration between Algeria and Italy, which includes recently signed agreements to foster bilateral cooperation and provide financial support for Algeria’s gas production as part of the Mattei Plan. The Mattei Plan seeks to promote cooperation between Africa and Italy along five main policy pillars: education and training, agriculture, health, water and energy.

Saipem: three new contracts awarded by TotalEnergies E&P Angola Block 20 for the Kaminho project for an overall amount of 3.7 billion USD

Saipem has been awarded three new contracts by TotalEnergies EP Angola Block 20, a subsidiary of TotalEnergies, for the Kaminho project relating to the development of Cameia and Golfinho oil fields, located approximately 100 km off the coast of Angola. The overall amount of the contracts is 3.7 billion USD.

The first contract refers to the Engineering, Procurement, Construction, Transportation and Commissioning of the Kaminho Floating Production Storage and Offloading (FPSO) vessel.

The second contract entails the Operation and Maintenance (O&M) of the same vessel FPSO for a firm period of 12 years with a potential 8-year extension, leveraging on the expertise acquired from three other FPSOs currently operating in Angola.

The third contract involves the Engineering, Procurement, Supply, Construction, Installation, Pre-Commissioning and Assistance for the commissioning and start-up of a Subsea, Umbilicals, Risers and Flowlines (SURF) package which includes approximately 30 km of 8” and 10" subsea flowlines and risers, and umbilicals. The associated structures will be fabricated in Saipem’s local yard in Ambriz.

For the offshore campaign, and specifically for the J-lay vessel, Saipem will deploy its FDS and will widely involve the local supply chain for logistics and fabrication activities.

The joint award of the SURF, FPSO and O&M contracts confirms the competitiveness of Saipem’s integrated business model, in particular the company's unique capability to provide offshore and plant project management and engineering services, combined with a state-of-the-art fleet and local fabrication capacity.

Angola: TotalEnergies launches the Kaminho deepwater project

Patrick Pouyanné, Chairman and CEO of TotalEnergies, met on May 20 in Luanda with João Lourenço, President of Angola, Diamantino Azevedo, Minister of Mineral Resources, Oil & Gas (MIREMPET), Paulino Jerónimo, Chairman and CEO of ANPG and Gaspar Martins, Chairman and CEO of Sonangol, to announce the Final Investment Decision of the Kaminho deepwater project.

TotalEnergies (40%), along with its Block 20/11 partners, Petronas (40%) and Sonangol (20%), announced the Final Investment Decision (FID) of the Kaminho project to develop the Cameia and Golfinho fields, located 100 km off the coast of Angola, by 1,700 m water-depth. This FID has been made possible thanks to a close collaboration with the concessionaire Agencia Nacional de Petroleo e Gas (ANPG).

The Kaminho project which is the first large deepwater development in the Kwanza basin comprises the conversion of a Very Large Crude Carrier (VLCC) to a Floating Production Storage and Offloading (FPSO) unit, which will be connected to a subsea production network. Designed to minimize greenhouse gas emissions and eliminate routine flaring, this FPSO is all-electric and associated gas will be fully reinjected into the reservoirs. Production start-up is expected in 2028, with a plateau of 70,000 barrels of oil per day.

The Kaminho project will involve over 10 million man-hours in Angola, mainly with offshore operations and construction at local yards.

On this occasion, TotalEnergies and Sonangol EP also signed a Memorandum of Understanding to share expertise on Research & Technology, notably in decarbonization of the Oil & Gas industry, with a strong focus on methane emissions reduction and renewable energies. TotalEnergies’ teams will provide support to Sonangol EP for the start-up and operation of its new Sumbe R&D center and for the development of the skills of the Sonangol research and technology teams, with a focus on reservoir geology, process electrification and photovoltaics.

Saipem awarded a new offshore contract by Azule Energy for Ndungu Field Project in Angola for a total amount of around 850 million USD

Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., subsidiary of Azule Energy Holdings Limited, an incorporated joint venture between Eni and bp, for the development of the Ndungu Field as part of Agogo Integrated West Hub ProjectIntegrated West Hub Project, located approximately 180 km off the coast of Angola. The value of the contract is around 850 million USD.

Saipem’s scope of work entails the engineering, fabrication, transportation and installation of approximately 60 km of rigid pipelines and of the subsea facilities at a depth of around 1,100 meters, and the transportation and installation of flexible flowlines, jumpers and 17 km of umbilicals. Fabrication activities will be executed at Saipem’s Ambriz yard, in Angola. For the offshore installation campaign Saipem expects to deploy its FDS vessel, for the transportation and laying activities of the rigid pipelines.

The award of this important project further consolidates Saipem’s positioning in Angola, both in deep waters and in shallow waters, through the provision of innovative and efficient solutions to reduce installation times.

Approval of Belinda Development

Serica Energy plc (AIM: SQZ), a British independent upstream oil and gas company, announces that it has received final approval from the NSTA to develop the 100% owned and operated Belinda field. The field will be tied back to the Triton FPSO following the drilling of the development well which is scheduled to take place in the first half of 2025. The Belinda well is the 5th well in Serica’s Triton area drilling campaign, which commenced in April this year using the COSLInnovator drilling rig. All these wells are designed to enhance production via the Triton FPSO. 

Proven and probable reserves in the Belinda field are estimated at about 5 million barrels of oil equivalent (80% oil). Production is scheduled to commence in 1Q2026 following the tie-back work to the Triton FPSO. 

David Latin, Chairman and Interim CEO of Serica commented: 

“We are delighted to have received approval to develop Belinda. This will build on our strong track record of delivering growth and adding value through investment in our assets. We have further potential projects in our portfolio which we continue to assess, including the possible re-development of the Kyle field, which could, like Belinda, be another low emissions tie-back candidate to the Triton FPSO. We look to the UK government to implement tax and licensing arrangements that support investments like Belinda, thereby creating UK jobs, earnings and tax receipts instead of increasing reliance on energy imports.”

TechnipFMC Awarded Significant iEPCI™ Contract by Woodside Energy for Xena Phase 3 Development

TechnipFMC (NYSE: FTI) has been awarded a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Woodside Energy (LON: WDS) in Australia.

TechnipFMC will design, manufacture, and install the subsea production system, flexible pipe, and umbilicals for the Xena Infill well (XNA03) to support ongoing production from the Pluto LNG Project. The award follows an integrated front end engineering design (iFEED™) study.

The project will use the Company’s Subsea 2.0 production system. Xena Phase 3 will be tied back to existing subsea infrastructure previously supplied by TechnipFMC.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “We are proud to be delivering a fully integrated project from concept to execution. This project will help our long-term client meet their objectives, demonstrating the favorable impact iFEED™, iEPCI™, and Subsea 2.0® can have on project economics.”
The contract is the latest call-off on the framework agreement between Woodside Energy and TechnipFMC.

Easton Energy Enters Agreement to Sell its Gulf Coast Liquids Pipeline System

Easton Energy (Easton), a Houston-based midstream company, announced today that it has entered into an agreement to sell its Gulf Coast Liquids Pipeline System to ONEOK, Inc. (NYSE: OKE) for approximately $280 million, subject to customary price adjustments. Easton will retain, and continue operating, its natural gas liquids (NGL) and olefins storage business located in Markham, Texas.

The system included in the transaction is comprised of approximately 450 miles of NGL and hydrocarbon pipelines located throughout the Texas and Louisiana Gulf Coast midstream corridors for NGL and olefin service.

“These pipelines are a critical piece of the U.S. Gulf Coast NGL and hydrocarbon value chain,” said G.R. “Jerry” Cardillo, Easton’s Chief Executive Officer. “This transaction recognizes value for our customers, shareholders, and our business partners. We will now pivot our focus to our remaining business, our NGL and olefins storage business.”

Easton is a portfolio company of Cresta Fund Management (Cresta), a Dallas-based private equity fund that manages over $1.6 billion of capital.

“This transaction confirms the potential Cresta saw in these pipelines when we acquired them in 2018,” said Chris Rozzell, Cresta’s Managing Partner. “We are enthusiastic about Easton’s sharpened focus on its storage business and are excited about its ability to provide services to a variety of different NGL customers.”

Easton’s salt dome storage infrastructure is located between key NGL and petrochemical markets in Mont Belvieu and Corpus Christi, Texas. This infrastructure includes brine handling facilities and multiple salt dome wells with approximately 40 million barrels of NGL and olefins storage capacity.

Easton expects to close the transaction mid-year 2024. Closing is subject to customary conditions including termination or expiration of the waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act.

Gray Oak Pipeline LLC Announces Binding Open Season

May 9, 2024

Gray Oak Pipeline, LLC, a joint venture among the pipeline system's owners, announced today a binding open season to solicit shipper interest for an expansion of the Gray Oak Pipeline of up to 120,000 barrels per day. The Gray Oak Pipeline is an 850-mile pipeline system extending from West Texas to destination points including Corpus Christi, Ingleside, and Sweeny/Freeport.

The open season will begin May 9 at 9 a.m. CST and end June 28 at 5 p.m. CST.

Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC

Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company between Chandra Asri Capital Pte. Ltd. and Glencore Asian Holdings Pte. Ltd. The transaction will transfer all of Shell’s interest in Shell Energy and Chemicals Park Singapore to CAPGC.


“This agreement marks a significant step in Shell’s ongoing efforts to high-grade our Chemicals and Products business, and is a testament to our commitment to deliver more value with less emissions, as outlined at our Capital Markets Day last year.” said Huibert Vigeveno, Shell’s Downstream, Renewable and Energy Solutions Director. “We are proud of our history at Bukom and Jurong Island and our contributions to the economic growth of Singapore in this sector in the past decades. Our commitment to Singapore remains steadfast and its importance as a regional hub for our marketing and trading business remains important. As Singapore continues to decarbonise, Shell looks forward to a continued partnership with the country, and with our customers in the region.”


Shell ran a competitive bid process to reach this milestone. Staff in Shell Energy and Chemicals Park Singapore will continue their employment with CAPGC under the new ownership, providing continuity for staff and contributing to ongoing operational reliability and safety.

Notes to editors

• The Shell Energy and Chemicals Park Singapore comprises its integrated refining and chemicals assets on Pulau Bukom and Jurong Island.
• The Pulau Bukom assets include a 237,000 barrels-per-day refinery and a 1.1 million tonnes-a-year ethylene cracker. It was Singapore’s first refinery in 1961.
• Shell Jurong Island occupies more than 60 hectares on Jurong Island, and manufactures petrochemicals including ethylene oxide, ethoxylates, styrene monomer and propylene oxide. It is Shell’s largest petrochemical production and export center in the Asia Pacific region.
• Shell is selling 100% of its interests in its Energy and Chemicals Park in Singapore, including the physical assets and commercial contracts.
• As announced on its Capital Markets Day in June 2023, Shell had initiated a strategic review of its Energy and Chemicals Park assets on Bukom and Jurong Island in Singapore. This review is in response to the ongoing high-grading of Shell Group’s Chemicals and Products portfolio, changing market conditions and enhanced capital discipline. Following the strategic review, divestment has been the priority focus.
• Following completion, all employees providing dedicated support to the Shell Energy and Chemicals Park Singapore will retain their employment with CAPGC.
• Shell and CAPGC have also signed crude supply and products offtake agreements that will come into effect following completion.
• Singapore’s position as a trading and marketing hub to serve Shell’s customers in the region remains important.
• Shell continues to support Singapore’s energy needs through Liquefied Natural Gas supply and trading. Shell is also investing in electric vehicle charging infrastructure in the country.
• In March 2024, the Singapore government announced their partnership with a consortium formed by Shell and ExxonMobil to study the feasibility of a cross-border carbon capture and storage project.
• CAPGC Pte. Ltd. (“CAPGC”) is a joint venture that is majority-owned and operated by Chandra Asri Group and minority-owned by Glencore through their respective subsidiary companies. Chandra Asri is Indonesia’s leading chemical and infrastructure solutions company, supplying products and services to various manufacturing industries in both domestic and international markets. Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life.

First Oil Production on Eldfisk North Ahead of Plan

The licensees of the Eldfisk Field, operated by ConocoPhillips Skandinavia AS, announce successful first oil production on the Eldfisk North Project, located in the Greater Ekofisk Area in the North Sea. Oil and gas resources from the new project development are being produced some weeks ahead of plan.

The Eldfisk North Project is located in PL018, and the licensees are TotalEnergies EP Norge AS (39.896%), ConocoPhillips Skandinavia AS (35.112%), Vår Energi ASA (12.388%), Sval Energi AS (7.604%) and Petoro AS (5.000%).

In December 2022, the Norwegian authorities approved the Eldfisk North Plan for Development and Operation (PDO) with original production start scheduled in the second quarter of 2024. Cooperation and efficiency across companies have unlocked earlier first oil production.

“Sound and productive collaboration among our employees and the many contractors and business partners has contributed to strong safety results with zero personnel injuries, delivering yet another successful project ahead of schedule,” said Steinar Våge, ConocoPhillips’ President for Europe, Middle East and North Africa.

The Eldfisk North Project comprises three 6-well subsea templates located approximately seven kilometers from the Eldfisk Complex. The PDO included drilling of up to 14 wells, whereof nine are producers and the other five will inject water into the reservoir. The Eldfisk North Project will use available capacity at Eldfisk 2/7 S for processing and transportation, utilizing existing infrastructure in the Greater Ekofisk Area.

The total resource potential is in the range of 50-90 million barrels of oil equivalent while total capital expenditure is estimated at almost NOK 13 billion (USD 1.24 billion), capturing cost developments for extended drilling duration, inflation, and currency exchange rates. The project has created approximately 4,000-4,500 jobs, and more than 80% of the total contract value has been awarded to Norwegian businesses.

About Eldfisk

The Eldfisk Field was discovered in 1970 and original plan for development and operation was approved in 1975. A new plan for development and operation was approved for the Eldfisk II Redevelopment Project in 2011. The Eldfisk reservoir consists of fractured chalk containing mainly oil, similar to surrounding fields in the Greater Ekofisk Area.

Seatrium Secures FPSO Topsides Integration Contract with MODEC

Seatrium Limited (Seatrium or the Group) is pleased to announce that it has secured a Floating Production Storage and Offloading (FPSO) topsides integration contract from longstanding customer, Offshore Frontier Solutions Pte. Ltd., a MODEC Group company. 

The contract scope of work covers the installation and integration of topside modules onboard the FPSO Errea Wittu, and includes completion and commissioning support for MODEC. 

Mr Marlin Khiew, Executive Vice President, Oil & Gas (Americas) of Seatrium, said, "We are pleased to be working with our longstanding customer, MODEC, on yet another FPSO topsides integration project, solidifying our position as the industry leader in FPSO conversions. Through our strong partnership and unwavering dedication, including decades of collaboration with MODEC, we continue to deliver cutting-edge offshore solutions that redefine excellence. Leveraging our deep engineering expertise, international yard footprint, and strong track record, Seatrium provides innovative, reliable, quality, and value-added offshore and marine solutions for our esteemed customers." 

The FPSO Errea Wittu will be deployed in the Uaru Field, Stabroek Block, approximately 200 kilometers offshore Guyana. The FPSO Errea Wittu is expected to have a production capacity of 250,000 barrels of oil per day (bopd), water injection capacity of 350,000 barrels of water per day (bwpd), 540 million cubic feet per day (mmscfd) of gas production and a storage capacity of two million barrels of oil. 

Over the years, Seatrium has built a strong track record in the FPSO space, including delivering a significant number of FPSO projects for MODEC since its first FPSO conversion Whakaaropai in 1996. The Group is currently undertaking integration work for FPSO Bacalhau, which will be operating in the Bacalhau field, Santos Basin, offshore Brazil. Separately, BrasFELS, Seatrium’s yard in Angra dos Reis, Brazil, is also currently executing topside modules fabrication for FPSO Raia.

ADNOC Announces First Production from Belbazem Offshore Block

ADNOC announced today the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy.
The Belbazem offshore block is operated by Al Yasat Petroleum, a joint venture between ADNOC and China National Petroleum Corporation (CNPC). ADNOC’s innovative approach in developing the block includes leveraging operational synergies with adjacent fields, artificial intelligence (AI) and digitalization to enhance efficiency and safety while reducing emissions and cost.

Abdulmunim Saif Al Kindy, ADNOC Upstream Executive Director, said: “The start of crude oil production from the Belbazem offshore block is testament to the success of our strategic partnership with CNPC and the robust bilateral energy relationship between the UAE and China. ADNOC continues to maximize value from Abu Dhabi’s resources, while reducing our carbon footprint to ensure a secure, reliable, and responsible supply of energy to customers locally and internationally.”

Production capacity at the Belbazem offshore block is set to progressively ramp up to 45,000 barrels per day (bpd) of light crude and 27 million standard cubic feet per day (mmscfd) of associated gas, contributing to ADNOC’s target of reaching 5 million bpd by 2027 and enabling UAE gas self-sufficiency for the UAE.

Al Yasat is pioneering the implementation of AI modelling and analysis tools across its offshore concession area. The Belbazem block uses WellInsight, an AI tool developed by AIQ, to analyze reservoir data and manage operations for enhanced safety and performance. The block will also integrate advanced technologies already deployed at Al Yasat’s Bu Haseer offshore field, to optimize production and reservoir management.

The Belbazem block is leveraging operational synergies by utilizing the facilities of Satah Al Razboot (SARB), an offshore field operated by ADNOC Offshore, resulting in cost savings and reduced environmental impact. Located 120 kilometers northwest of Abu Dhabi city, the Belbazem Block consists of three offshore fields; Belbazem, Umm Al Salsal and Umm Al Dholou.