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Yinson Welcomes Sumitomo as Partner in Brazil FPSO Project

Apr 28, 2020

Malaysian FPSO supplier Yinson has signed a deal with Japan's Sumitomo for the latter's participation in the Marlim FPSO project.Yinson said Thursday that the two companies concluded an agreement for their participation in the charter, operations, and maintenance of FPSO Anna Nery, an FPSO for Petrobras' Marlim revitalization project in Brazil.Sumitomo will have a 25% stake in the FPSO Anna Nery (previously known as Marlim 2) project…

Yinson Orders TMC Compressors for Anna Nery FPSO

Sep 07, 2020

Malaysian FPSO provider Yinson has ordered a large marine compressed air system from TMC for the FPSO Anna Nery, which currently under construction in China, and destined for Petrobras' Marlim revitalization project in Brazil.TMC's compressed…

Rystad: FPSO Contract Awards to Rebound in 2021 after Poor 2020

Jul 08, 2020

Norway-based energy intelligence firm Rystad Energy said Tuesday it didn't expect any new FPSO orders this year, however, it expects the situation will improve next year when it foresees seven new FPSO to be ordered.'Hit by the second industry downturn in five years…

ABB Solutions for Yinson's Marlim 2 FPSO

Jul 06, 2020

Swiss-based technology giant ABB will provide electrical, control, and telecommunication solutions for Malaysia-based Yinson's new FPSO - Anna Nery. Once delivered, the FPSO will be deployed at Petrobras' Marlim 2 oil field offshore Brazil.'Leveraging…

AET Takes Delivery of Petrobras-bound Shuttle Tanker

May 26, 2020

Tanker operator AET has taken delivery of Eagle Petrolina shuttle tanker which will be used to offload oil from Petrobras' offshore oil platforms in Brazil.The Eagle Petrolina, built by South Korea's Samsung Heavy Industries, is the first of…

Yinson, Petrobras Sign Firm Contracts for Marlim 2 FPSO

Mar 30, 2020

Malaysian FPSO provider Yinson has signed firm contracts with Petrobras for the delivery and for operation and maintenance of the Marlim 2 FPSO.The two companies had in October 2019 signed letters of intent for the long-term charter and operation…

SembMarine's Former Consultant in Brazil Gets 19 Years in Prison

Feb 21, 2020

Singapore-based offshore rig builder Sembcorp Marine has said that its former consultant in Brazil has been sentenced to 19 years and four months in prison.SembMarine said Friday that Guilherme Esteves de Jesus (“GDJ”), had been convicted by…

Aibel Clinches Bacalhau FPSO Award

Feb 05, 2020

Japanese FPSO specialist MODEC has awarded Aibel a Letter of Intent for an engineering services front end engineering and design (FEED) in relation to the recently awarded Bacalhau FPSO contract by Equinor.Bacalhau FPSO will be the largest ever…

Japanese Quartet Moves Ahead with Marlim FPSO

Jan 31, 2020

Japanese companies MODEC, Mitsui, MOL, and Marubeni will jointly invest in the Petrobras-bound Marlim FPSO.MODEC in October 2019 received a letter of intent from Petrobras for the supply, charter, and operations of the Marlim-1 FPSO.Now Mitsui…

Shell to Invest $2 Bln per Year in Brazil

May 09, 2019

Royal Dutch Shell has plans to invest about $2 billion per year in Brazil through 2025, Chief Executive Ben van Beurden told newspaper Valor Econômico in an exclusive interview.Its investment plans could be increased to allow the company to bid in three upcoming oil and gas auctions…

Dutch SBM Offshore Leniency Deal Approved by Brazilian Court

Dec 18, 2018

A leniency deal between Brazilian prosecutors and Dutch-based SBM Offshore has been approved by a judge, opening the way for the marine engineering group to bid for new contracts in its largest market.As a result of its role in a major corruption scandal involving state-owned oil company Petrobras…

AET Grows in Brazil

Dec 11, 2018

With the ongoing development of deepwater pre-salt plays and a decreased demand on local content in tankers and other vessels, Brazilian national operator Petrobras and other super-majors have been looking abroad for better rates and reliable operators of shuttle tankers…

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