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Wärtsilä to Set Up New Manufacturing Plant
Wärtsilä will set up a new fully-owned manufacturing facility in Brazil to meet the increasing market demand, particularly in the offshore market. Wärtsilä's investment in the new facilities is approximately EUR 20 million. The manufacturing premises will be based on a multi-product factory concept for the assembly and testing of Wärtsilä generating sets and propulsion products. In the initial phase…
Brazil Maritime Sector: Latest News
The following news round up on the Brazilian marine and offshore market is provided by SSA (Voice of UK Marine Industry).  Transpetro will issue a new tender for…
Shanghai MHI Begin Diesel Engine Production
Shanghai MHI Engine Co., jointly established by Mitsubishi Heavy Industries, Ltd. (MHI) & Shanghai Diesel Engine Co. (SDEC) now manufacturing. Shanghai MHI Engine…
OSX: Full Speed Ahead on Mammoth Shipyard Project
Danilo Souza Baptista, OSX’s Director of Naval Construction, sat with MR Contributing Editor Claudio Paschoa at EBX Group’s new HQ in downtown Rio de Janeiro, in…
Advanced Subsea
For more than 35 years, Advanced Subsea (AS) has been deeply involved in marine technological innovation. Through steady research and partnerships with research institutes in France and Brazil…
Rolls-Royce Secures £100 Million Contract
Rolls-Royce, a global power systems company, has announced an order worth more than £100 million to supply integrated power and propulsion systems for seven offshore drilling vessels in Brazil.
Rolls-Royce Wins Major Petrobras Deal to Equip Seven Drill Ships
Rolls-Royce won an order worth more than £100 million to supply integrated power and propulsion systems for seven offshore drilling vessels in Brazil. The ships will be built at the Atlântico Sul shipyard for Brazilian oil company Petrobras. Rolls-Royce will equip each of the seven vessels, which will satisfy local content requirements, with six large thrusters and six Bergen diesel generator sets.
Local Content
As Brazil continues to emerge as a global offshore and shipbuilding powerhouse, are its local content laws hindering progress? Brazil’s Oil & Gas industry is in…
OSV Tech Today
Modern Offshore Service Vessels come in a variety of shape, size and technical outfit, dependent largely on their intended area of operation. But as offshore assets are constantly mobile and global, finding work where work is to be had, there is an increasing trend towards larger, steadier platforms that are multipurpose and able to shift seamlessly from the Gulf of Mexico to the North Sea to offshore Africa, Asia or Brazil … and back again.
Floating Production
Douglas-Westwood forecast that between 2013 and 2017, $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. A total of 121 floating production units are forecast to be installed – a 37% increase. This growth is driven by multiple factors, such as a larger proportion of newbuilds and conversions compared to redeployments, a greater degree…
Floating Production Expenditure set to Double
Douglas-Westwood forecast that between 2013 and 2017, $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. A total of 121 floating production units are forecast to be installed – a 37% increase. This growth is driven by multiple factors, such as a larger proportion of newbuilds and conversions compared to redeployments, a greater degree…
Report: $91B Spend on World Floating Production Systems
The Market - Global Floating Production Capex to Double. Douglas-Westwood (DW) forecast that between 2013 and 2017 $91bn will be spent on floating production systems…
Wilson, Sons Delivers Damen-designed PSV's
Four more vessels under construction. Damen Shipyards is further strengthening its involvement in the Brazilian offshore market with six Platform Supply Vessels, type PSV 4500, built under license by Wilson, Sons (Santos, Brazil) for Wilson Sons Ultratug Offshore (WSUT). Two vessels have been recently delivered; the other four will be delivered throughout 2013. Damen and Wilson have enjoyed a business relationship for 20 years and the new vessels will be supplied to WSUT…
Floating Production Expenditure set to Double
Latin America to account for 29% of installations 2013-2017; FPSOs remain by far the largest segment of the market; Deepwater driving growth, with FPS supply affected by financing…
Integrated Drilling Agreement to Baker Hughes
Baker Hughes has been awarded an agreement with Statoil to provide integrated drilling services for 25 fields on the Norwegian continental shelf (NCS). The services…
FPSO Offshore Angola FEED Contract for KBR
KBR awarded FEED for FPSO topsides and hull, Luanda Office to play major role in supplying local content. KBR announce that it has been awarded a FEED contract to…
Brazilians Sign Charters for Three Semi-submersible Rigs
Queiroz Galvão Óleo e Gás (QGOG) partners with Sete Brasil in charter agreements for 3 drilling rigs. QGOG, the largest Brazilian provider of drilling and production services…
Aker Solutions Building Brazil Service Site
The US$100 million development will also include substantial production, assembly and testing capacity, to provide local content to support the country's large drilling rig-building programme.
FPSO Riser Pull-in Spread Order for IHC Winches
The delivery of the riser pull-in spread is scheduled for Q1 2013. Part of this system will be built in Brazil to meet the local content requirements for the project.
Supplying Brazil's Booming OSV Market
Local equipment suppliers reap dividends, but there’s room for foreign businesses – if they know how to play. After huge oil finds in recent years, Brazil's need for offshore vessels continues to expand and could double between now and the end of the decade. Brazil's state-run oil company Petrobras wants to extract billions of barrels of oil while also developing its shipbuilding and service industries to create jobs.