World news
Issue 2 2021
Saipem, DSME JV to construct FPSO for Petrobras A joint venture of Saipem and Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) has been awarded a contract by Petrobras to construct the FPSO P-79 as part of the development of the Búzios field offshore Brazil. The FPSO P-79 project is worth approximately US$2.3 billion overall. Saipem’s portion is approximately US$1.3 billion. The FPSO vessel will allow initial separation of gas from the oil extracted in the deep offshore reservoir and will have a production capacity of 180 000 bpd and 7.2 million m3/d of gas, with a storage capacity of 2 million bbl of oil. Saipem and DSME will execute the entire FPSO project, which encompasses the engineering, procurement, fabrication and integration of the topsides of the FPSO units and the installation of the mooring systems, as well as the hook-up, the commissioning and the start-up. The Búzios field, the world’s largest deepwater oilfield, is located in the pre-salt Santos Basin, approximately 200 km off the coast of Rio de Janeiro, at water depths ranging from 1600 m to 2100 m. There are currently four units in operation in Búzios, which accounts for more than 20% of Petrobras’ total production. The fifth, sixth and seventh platforms planned for the field (FPSOs Almirante Barroso, Almirante Tamandaré and P-78) are under construction and the ninth unit (P-80) is in the contracting process.
Lundin Energy sells oil certified as carbon neutral
McDermott to carry out work for BHP in GoM
Lundin Energy has said that all future barrels of oil the company sells from the Johan Sverdrup field offshore Norway will be certified as carbon neutrally produced under Intertek Group’s CarbonZeroTM standard. The field has been independently certified at 0.45 kg CO2e per boe, approximately 40 times lower than the world average. In order to supply a fully carbon neutrally produced barrel, the residual emissions have been neutralised through natural carbon capture projects. As a result, there will be no net emissions released during the future production of Lundin Energy’s Johan Sverdrup net barrels, which currently amount to approximately 100 000 bpd. The first trade of certified carbon neutrally produced oil from Johan Sverdrup has already been completed with the South Korean refiner GS Caltex. The 2 million bbl cargo will be loaded in July 2021 for delivery to South Korea.
McDermott International has been selected by BHP to provide a marine installation campaign for the Shenzi Subsea Multiphase Pumping Project (SSMPP). The project is located approximately 138 miles (222 km) offshore in the Gulf of Mexico at a water depth of 4400 ft. The scope of the contract includes project management; design and fabrication for a pump station suction pile; umbilical installation and flexible jumpers and flying leads installation; transport of all materials and equipment; and pre-commissioning services and other necessary testing and surveys. Engineering, procurement and project management services will be led by McDermott’s Houston engineering group. McDermott’s North Ocean 102 vessel will be used for the transport and installation of the material and equipment. The project will commence immediately and is expected to be completed in the summer of 2022.
In brief US Occidental is to sell non-strategic acreage in the Permian Basin to an affiliate of Colgate Energy Partners III, LLC, for US$508 million. The transaction, which is expected to close in 3Q21, includes approximately 25 000 net acres in the Southern Delaware Basin in Texas with current production of approximately 10 000 boe/d from approximately 360 active wells. Proceeds from the sale will be applied towards debt reduction.
UK The organisers of SPE Offshore Europe 2021 have announced that the show’s face-to-face event is moving to 1 – 4 February 2022 at P&J Live, Aberdeen, and the conference will run virtually from 7 – 10 September 2021. The virtual conference in September will include an opening ceremony, plenary panel, and keynote and technical sessions. The live event will include an in-person socially distanced exhibition, new energy transition keynote conference content, show floor features and networking events.
Norway Equinor has said that 3 – 4 new wells will be drilled at the Valemon field in the North Sea in 2021 and 2022 in order to extend profitable operations at the Heimdal field, which is processing gas from Valemon, to 2023. The extension will also enable production of the remaining reserves in Vale and Skirne and increase production from Valemon. When operations at Heimdal end the remaining gas reserves at Valemon will be transferred to Kvitebjørn and the Kollsnes plant for processing.
Issue 2 2021 Oilfield Technology | 5
