Brazil
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This paper presents a fatigue-prediction methodology designed to extend the life of unbonded flexible risers and improve the accuracy of floating production, storage, and offloading vessel response analysis.
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Four recent deepwater offshore discoveries show exploration is not dead, it is just concentrated offshore.
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Putting together the billions of dollars needed to develop deepwater finds has become tougher, but when the discoveries are huge, companies will make every effort to find a way to tap what may be a cheap source of oil.
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The savings result in part from the depreciation of global currencies against the US dollar, as most operating expenses in oil and gas production are realized in local currencies. Brazil leads in savings.
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Sandvik said it received the first large-scale stainless steel umbilical tube order for Mero. The tubes will be encapsulated by Prysmian Group.
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Described as Brazil’s first-ever integrated SPS and SURF project, the development will include 19 wells, approximately 130 km of rigid risers and flowlines, and 35 km of umbilicals.
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Topsides for the Peregrino C Platform in the Campos Basin offshore Brazil was installed by the world’s largest crane vessel, Heerema’s Sleipnir.
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BW Offshore plans to float its exploration and production unit BW Energy through an initial public offering in the first quarter of 2020.
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The company performed the heavy lifting and installation of 40 modules, including a 3,000-t module that it said was the largest commercial lift by a land-based crane.
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The new platform will be installed in the Peregrino Phase 2 development in the Campos Basin, approximately 85 km offshore Brazil, sometime in December. It is expected to come on stream in late 2020.