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Key Projects and Business Highlights 2014 Over the last months the national oil company Petroleo Brasileiro S.A. (Petrobras) has tried to draw conclusions from the lessons hardly learnt on last years with the consequences to delay projects and see the oil and gas production flattening despite the most massive capital expenditure invested in the world. […]

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Definition Pipelay Vessel or Pipe Laying Vessel refers to the vessel used by the offshore oil and gas industry to install subsea all the connecting infrastructures such as pipelines, umbilicals or electrical cables Comments These subsea infrastructures may be installed to connect floating units on the surface to the seabed, or from shore to floating […]

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Definition FSO is the acronym of Floating Storage and Offloading used to describe the offshore operation between the oil and gas processing and the export to the shore by pipeline or shuttle tankers. Comments Originally, all the offshore platforms used to sit on the seabed, but as exploration and production moved to deeper waters and more […]

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