A floating production, storage and offloading (FPSO) vessel. (Source: Shutterstock)
ABS was awarded classification by Seatrium for newbuild FPSOs to be delivered to Petrobras.
Platforms P-84 and P-85 are the first FPSOs to be awarded following ABS and Seatrium’s technology collaboration agreement, that will promote increased decarbonization, digitalization and innovation in the offshore industry, ABS announced in a June 12 press release.
Both FPSOs will incorporate technologies to enhance operational efficiency and reduce environmental impact. Features will include zero routine flaring and venting, variable speed drives and measures to control emissions and capture CO2, to achieve a 30% reduction in greenhouse gas emissions intensity.
The platforms will be deployed in the Atapu and Sépia fields, in the eastern part of the Santos Basin, 200 km offshore Rio de Janeiro, Brazil.
Recommended Reading
Utica’s Infinity Natural Resources Seeks $1.2B Valuation with IPO
2025-01-21 - Appalachian Basin oil and gas producer Infinity Natural Resources plans to sell 13.25 million shares at a public purchase price between $18 and $21 per share—the latest in a flurry of energy-focused IPOs.
Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
2024-11-01 - Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges.
Record NGL Volumes Earn Targa $1.07B in Profits in 3Q
2024-11-06 - Targa Resources reported record NGL transportation and fractionation volumes in the Permian Basin, where associated natural gas production continues to rise.
ConocoPhillips Hits Permian, Eagle Ford Records as Marathon Closing Nears
2024-11-01 - ConocoPhillips anticipates closing its $17.1 billion acquisition of Marathon Oil before year-end, adding assets in the Eagle Ford, the Bakken and the Permian Basin.
Utica Oil E&P Infinity Natural Resources’ IPO Gains 7 More Bankers
2024-11-27 - Infinity Natural Resources’ IPO is expected to provide a first-look at the public market’s valuation of the Utica oil play.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.