Weekly Market Update - WSB.One - Week 15

Page 1

production on hold

Karoon announced that production from its Bauna oilfield and the recently on-stream Patola field offshore Brazil will remain suspended into May. Karoon and the fields’ FPSO operator Altera & Ocyan are undertaking both essential and proactive work with the focus on the ongoing detailed inspection of the Cidade de Itajai floater’s production system. Karoon will provide another update on the timing to resume production in its first quarter report which is expected to be issued on April 27th.

wartsila closes deal with 3R

The Finnish company Wärtsilä has been awarded with a contract to supply the energy generation package for 3R´s FPSO P-63. The contract also foresees the optimized maintenance of the system for 5 years to guarantee desired performance and reliability. Operated by 3R Petroleum, FPSO P-63 is in operation at the Papa-terra field, in Campos Basin, offshore Brazil.

fendercare marine rebrands

Fendercare Marine announced its rebranding to James Fisher Fendercare, to simplify and streamline its identity for customers and the global markets it serves, by further aligning with its parent company James Fisher and Sons plc. As a world-leader in ship-to-ship operations and a major global supplier of marine products, the rebrand to James Fisher Fendercare showcases how this long-standing expertise is underpinned by the strength and stability of James Fisher and Sons plc, an innovative organisation with a 175-year heritage. The rebrand is effective immediately and has no effect on the legal status of the company, or its trading divisions.

pre-salt production

Pré-Sal Petróleo S.A. (PPSA) shared a new report with relevant information about the production levels on the pre-salt fields of the production sharing agreement. Following the good performance from the beginning of 2023, the combined production of the 7 assets operated under this regime reached 868 thousand bpd in February, 3% upward from January and an impressive 86% increase when compared to the same period from 2022. Búzios field alone accounts for almost 52% of the total production registered in February with 447 thousand bpd. The podium is completed by Mero with 215 thousand bpd and Sépia with 101 thousand bpd.

WSB
is a leading advisory
central
is a Westhon
© WSB.One all rights
2022. Phone: +55 21 3545-0350 | E-mail: comercial@wsb-advisors.com | Address: Av. Rio Branco, 12, 19º andar - Centro, Rio de Janeiro WEEKLY NEWS WEEK 15 2023 a WESTHON company
Advisors
group with
offices in Rio de Janeiro, Houston and Paris. WSB
Company.
reserved.
wsb one wsb one
FPSO Cidade de itajaí FPSO P-63
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.