While The Federal Government And Ibama Do Not Release More Concessions To Petrobras Regarding The Equatorial Margin, Our Neighbor Guyana, Which Explores Over 600,000 Barrels Of Oil Per Day, Gains Another New FPSO Project, Signed Between SBM Offshore And ExxonMobil

Written by Roberta Souza

Published on 16/10/2023 at 21:58

Créditos: iStock

Be the first to react!

While Brazil Showed Uncertainty About Oil Exploration in the Equatorial Margin, Guiana Is Thriving with New FPSO Project

Amid apparent stubbornness on the part of Environment Minister Marina Silva and Ibama, Brazil watches the loss of billion-dollar opportunities by not exploring the Equatorial Margin, located off the coast of Amapá. While Petrobras faces obstacles to obtain permits, neighboring Guiana serves as an example, producing over 600,000 barrels of oil per day and aiming for even more.

Recently, according to PetroNotícias, Dutch company SBM Offshore announced it has won a contract to carry out the Front End Engineering and Design (FEED) of a new floating production storage and offloading unit (FPSO) for ExxonMobil. The FPSO will be deployed at the Whiptail field, located off the coast of Guiana, and will be the sixth deepwater oil development project by ExxonMobil in the so-called Stabroek block.

SBM Offshore Contract with ExxonMobil: Exploring Wealth in Guiana

The vessel is being designed to produce about 250,000 barrels of oil per day, along with an associated gas treatment capacity of 15 million cubic meters per day and a water injection capacity of 300,000 barrels per day.

ARTICLE CONTINUES BELOW

Second Phase of the Contract: Future Development

SBM Offshore is ready for the next phase of the contract as soon as the FPSO project receives government approvals in Guiana and ExxonMobil makes its final investment decision. The company will start construction of the vessel, and according to the contractual terms, ownership of the FPSO will be transferred to ExxonMobil at the end of the construction phase, before operations begin in Guiana.

SBM Offshore will use its industry-leading Fast4Ward® program to design and build the FPSO. The company will utilize the Multi-Purpose Floater hull, its seventh new build, combined with various standardized topside modules. Anchored in water depths of about 1,630 meters, the FPSO will have the capacity to store approximately 2 million barrels of crude oil.

Opportunities in Guiana

Guiana is capitalizing on opportunities in its deep waters, attracting significant investments and promoting economic development. With cutting-edge technology and strategic partnerships, neighboring countries are shaping the future of oil exploration in the region, while Brazil watches it all unfold.

While The Federal Government And Ibama Do Not Release More Concessions To Petrobras Regarding The Equatorial Margin, Our Neighbor Guyana, Which Explores Over 600,000 Barrels Of Oil Per Day, Gains Another New FPSO Project, Signed Between SBM Offshore And ExxonMobil

While Brazil Showed Uncertainty About Oil Exploration in the Equatorial Margin, Guiana Is Thriving with New FPSO Project

SBM Offshore Contract with ExxonMobil: Exploring Wealth in Guiana

Second Phase of the Contract: Future Development

Opportunities in Guiana

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

The coastal El Niño is not the classic El Niño, but it already raises a question in Brazil: can the phenomenon alter rain, heat, and winter?

The commander of the Brazilian Army publicly admitted that the country now perceives real threats in South America, something that, according to him, did not exist in the past, and advocates for the increasing use of drones and technology to secure the borders.

In China, even those who beg on the street already have a QR Code, paper money has practically disappeared from daily life in just ten years, and the entire country has come to live on invisible payments via mobile phones.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.

While The Federal Government And Ibama Do Not Release More Concessions To Petrobras Regarding The Equatorial Margin, Our Neighbor Guyana, Which Explores Over 600,000 Barrels Of Oil Per Day, Gains Another New FPSO Project, Signed Between SBM Offshore And ExxonMobil

While Brazil Showed Uncertainty About Oil Exploration in the Equatorial Margin, Guiana Is Thriving with New FPSO Project

SBM Offshore Contract with ExxonMobil: Exploring Wealth in Guiana

Second Phase of the Contract: Future Development

Opportunities in Guiana

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

While Brazil sits on the pre-salt and still imports diesel, Turkey, which produces almost no oil, crossed half the world to drill 7,500 meters below the sea in Somalia in search of its own fuel.

Why didn’t oil reach $150 even after three months of the Strait of Hormuz being closed?

Farmer drills well in Ceará in search of water, accidentally finds crude oil and sees million-dollar discovery hindered by a rule that completely changes the future of the site.

Family finds oil on a 49-hectare site in Ceará, but exploration has no timeline or guarantee of happening

The coastal El Niño is not the classic El Niño, but it already raises a question in Brazil: can the phenomenon alter rain, heat, and winter?

The commander of the Brazilian Army publicly admitted that the country now perceives real threats in South America, something that, according to him, did not exist in the past, and advocates for the increasing use of drones and technology to secure the borders.

In China, even those who beg on the street already have a QR Code, paper money has practically disappeared from daily life in just ten years, and the entire country has come to live on invisible payments via mobile phones.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.