#offshore decommissioning

[creativeera]

Offshore Decommissioning: Ensuring Safety and Environmental Protection as Assets Reach the End

Regulatory Framework for Offshore Asset Removal One of the first tasks when an offshore oil or gas asset reaches the end of its productive life is deciding on the appropriate decommissioning plan. International regulations provide guidelines on asset removal and seabed clearance to minimize environmental impacts and ensure worker safety. The U.K. Offshore Petroleum Activities (Decommissioning of Offshore Installations and Pipelines) Regulations 2005 requires asset owners to submit a detailed decommissioning program outlining proposed removal timelines and methods. Similarly, regulations in other offshore jurisdictions like Norway and the U.S. Gulf of Mexico mandate assessing removal versus in-place decommissioning options and developing plans to address well plugging and seabed remediation. Regulators thoroughly review proposed decommissioning scopes to ensure full compliance with global safety and environmental standards before approving projects. Engineering Challenges of Removal Operations Physically dismantling and removing large, complex offshore structures presents formidable engineering challenges. Assets may weigh thousands of tons and require meticulous preparation before pieces can be sectioned and lifted. Mobile offshore drilling units (MODUs) like jack-up rigs usually follow a sequence of legs removal, topsides separation and piece-small dismantling over multiple offshore campaigns. For fixed platforms, engineers first separate and extract valuable equipment while simultaneously making cuts at strategic weak points designed for demolition. Specialty vessels then carefully hoist massive steel sections or large pre-assembled pieces for transfer to onshore disposal or recycling sites. Harsh weather conditions and remote offshore locations increase project complexity, requiring multi-phase operations over several months or years to fully carry out decommissioning scopes. Environmental Protection Measures During Decommissioning Due to the potential for disturbing subsurface environments and releasing pollutants, Offshore Decommissioning activates stringent safety protocols and environmental safeguards. Project teams install protective booms, conduct seabed surveys and continuously monitor for hydrocarbon leaks and accidental spills. Cutting and blasting operations undergo extensive risk assessments and utilize techniques like hydraulic sheer cuts that minimize underwater noise and dispersion of debris. Waste streams get properly categorized as hazardous or non-hazardous for disposal through approved routes. Long-term monitoring also examines any ongoing impacts on benthic habitats or marine life from structure removal activities. Proactive planning ensures decommissioning projects meet global standards to restore offshore sites and protect surrounding ecosystems. Get more insights on Offshore Decommissioning

About Author:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)

[poojagblog-blog]

The global Offshore Support Vessel Market in terms of revenue was estimated to be worth $25.6 billion in 2024 and is poised to reach $36.3 billion by 2029, growing at a CAGR of 7.2% from 2024 to 2029 according to a new report by MarketsandMarkets™. The global Offshore Support Vessel Market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such as government policies and incentives and technological advancements among others. The rising global demand for energy, particularly from developing countries, pushes the need for increased offshore exploration and production, subsequently driving the OSV market.

[dsiddhant]

The global Offshore Decommissioning Market is projected to reach USD 8.0 billion by 2027 from USD 5.2 billion in 2021 at a CAGR of 7.4% according to a new report by MarketsandMarkets™.

[rjzimmerman]

Excerpt from this story from Politico/E&E News:

CARPINTERIA, California — Two hulking platforms have sucked oil out of the ocean floor off this sunny local beach for nearly five decades.

The Hogan and Houchin platforms are now rusting monuments to California’s once-powerful fossil fuel industry. Abandoned by their last owner, they should have been torn down years ago.

But a series of companies tied to the platforms say it’s not their job — and now, they want the federal government to take on the multimillion-dollar responsibility.

The saga echoes the unfolding fight to clean up the nation’s deteriorating fossil fuel infrastructure. More than 2,700 offshore oil and gas wells and 500 platforms are overdue for decommissioning in the Gulf of Mexico alone, according to a recent report from the Government Accountability Office.

The Interior Department has long struggled to ensure oil companies pay up and clean up once they’ve stopped pumping oil, a challenge that could only increase as decades-old infrastructure off the nation’s coastlines faces retirement. If not maintained, old platforms and their wells can leak toxins and degrade ecosystems, becoming serious environmental hazards.

“The agency has recognized these problems for years,” said John Smith, who worked on decommissioning at Interior’s former Minerals Management Service (MMS). “When it comes to doing something about it, they’re weak-kneed.”

Interior could soon find itself on the hook for the millions of dollars required to safely remove the two California platforms. That’s because the companies that once owned a stake in Hogan and Houchin — ConocoPhillips, Occidental Petroleum and Devon Energy — are appealing an order to take the platforms down, testing a federal regulation that requires former owners to ensure cleanup.

The stakes are high for Interior. Experts say its rule may not withstand opposition if oil majors take it to court, with uncertain consequences for a potentially enormous backlog of oil and gas wells, platforms and pipelines that are past their prime and owned by midsize companies more likely to go into financial distress.

In a statement, the Bureau of Ocean Energy Management said those beefed-up requirements would “ensure the taxpayer is protected from financial loss from offshore decommissioning liability.”

Environmental groups are already on board with President Joe Biden’s proposed rules. They look at Hogan and Houchin as a preamble to the kind of costs that could emerge during the gradual retirement of the nation’s oil program due to its climate impacts.

[dh5ryxhgbctgr]

Offshore Decommissioning Market Analysis and Future Opportunities Report 2024 - 2032

The offshore decommissioning market is becoming increasingly significant as the oil and gas industry faces the end-of-life phase for aging offshore installations. With rising environmental concerns and stringent regulations, effective decommissioning strategies are essential. This article explores the key aspects of the offshore decommissioning market, including its drivers, technologies, trends, challenges, and future outlook.

Overview of the Offshore Decommissioning Market

Definition and Purpose

Offshore decommissioning refers to the process of safely closing down and dismantling offshore oil and gas installations, including platforms, pipelines, and subsea structures. This process aims to minimize environmental impact, ensure safety, and comply with regulatory requirements.

Market Dynamics

The offshore decommissioning market is influenced by various factors, including the aging of offshore infrastructure, environmental regulations, technological advancements, and economic considerations.

Key Drivers of the Market

Aging Infrastructure

Many offshore oil and gas installations are reaching the end of their operational lifespan. As these facilities age, the need for decommissioning becomes critical to mitigate risks associated with structural integrity and environmental hazards.

Environmental Regulations

Governments and regulatory bodies are implementing stringent regulations regarding the decommissioning of offshore installations. Compliance with these regulations is driving the demand for effective and environmentally responsible decommissioning solutions.

Technological Advancements

Innovations in decommissioning technologies, such as remote-operated vehicles (ROVs) and advanced cutting tools, are enhancing the efficiency and safety of decommissioning operations. These technologies allow for more precise and less invasive dismantling processes.

Segmentation of the Offshore Decommissioning Market

By Type of Installation

Fixed Platforms

Floating Platforms

Subsea Installations

By Service Type

Engineering and Project Management

Decommissioning and Dismantling

Waste Management and Disposal

By Region

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Current Trends in the Offshore Decommissioning Market

Growing Focus on Sustainability

There is an increasing emphasis on sustainable decommissioning practices. Companies are adopting strategies that prioritize environmental protection, including recycling materials and minimizing waste during the decommissioning process.

Collaborative Approaches

Partnerships between oil and gas companies, service providers, and regulatory bodies are becoming more common. These collaborations aim to share knowledge, resources, and best practices to improve decommissioning efficiency and compliance.

Digitalization and Automation

The adoption of digital technologies and automation in offshore decommissioning is on the rise. Data analytics, simulation, and remote monitoring are enhancing decision-making processes and reducing operational risks.

Challenges Facing the Offshore Decommissioning Market

High Costs

The financial implications of decommissioning can be significant. High operational costs associated with specialized equipment, labor, and waste disposal can pose challenges, particularly for smaller operators.

Regulatory Compliance

Navigating the complex regulatory landscape surrounding offshore decommissioning can be challenging. Ensuring compliance with local and international regulations requires extensive planning and expertise.

Environmental Risks

Decommissioning operations can pose environmental risks, such as potential spills or disturbances to marine ecosystems. Managing these risks effectively is crucial for maintaining stakeholder trust and regulatory compliance.

Future Outlook

Market Predictions

The offshore decommissioning market is expected to grow substantially in the coming years, driven by the increasing number of aging offshore installations and regulatory pressures. Analysts predict a rising demand for decommissioning services as companies seek to manage their end-of-life assets responsibly.

Opportunities for Growth

Emerging markets, particularly in Asia-Pacific and Africa, present significant growth opportunities for the offshore decommissioning industry. Additionally, advancements in technologies and methodologies will likely enhance the efficiency and effectiveness of decommissioning operations.

Conclusion

The offshore decommissioning market is at a crucial juncture as the oil and gas industry navigates the complexities of managing aging infrastructure. With a growing focus on environmental sustainability, technological innovation, and regulatory compliance, the future of offshore decommissioning looks promising. By prioritizing responsible decommissioning practices, the industry can contribute to a safer and more sustainable marine environment, ensuring a legacy of environmental stewardship for future generations.

[bommagoni]

Offshore Decommissioning Market Size, Share, Growth Insights

[bharat059]

Offshore Decommissioning Market Size, Share & Industry Analysis, By Service (Project Management, Engineering, and Planning, Platform Preparation, Well Plugging and Abandonment, Platform Removal, Material Disposal, Site Clearance, Others), By Structure (Topside, Subsea Infrastructure, Substructure) By Water Depth (Shallow Water, Deep Water) and Regional Forecast, 2022-2029

[coltermartinez]

Offshore Decommissioning Market Analysis 2023 By Statistics, Growth Rate, Trends Forecast to 2027

The global offshore decommissioning market is segmented by their structure into Top side, Sub structure and Sub infrastructure; service type into Plugging of Well, Removal of Conductors and Removal of Platforms; application into Deep Water and Shallow Water and by region. The increase in the market of decommissioning is growing as if we look for the previous years the increase in the demand of oil and gas energy by the various countries which cannot fulfil their own need of oil and gas for their nation directly rely on the countries which are producing oil and gas and which increase the exploration of oil and gas energy and will increase the demand for servicing the well and safely handling the wellbore and wellhead.

Global offshore decommissioning market reached USD 890.6 Million in 2017 and is expected to reach USD 1,483.3 Million by the end of 2027, expanding at a CAGR 6.98% over the forecast period i.e. 2018-2027. Moreover, the growth of offshore decommissioning market is attributed to the increasing oil and gas market in the world and continuous launch of innovative techniques for further processing of deep water.

In terms of regional platform, Europe is slated to account for a leading share of 70% in terms of market share by 2027in the offshore decommissioning market. The growth in the region is anticipated to be fostered by the high oil and gas needing population in China, India and Japan within the Asia Pacific region. Besides, rising disposable income aiding the rising comfort of the each individual which decreased the use of public transport increased the particular demand for oil and gas energy & demand for decommissioning market in the Asia Pacific region. Likely, China, Japan and South Korea are the prominent market in the region.

Rapid Urbanization

The increasing urban population has caused an increase in the number of motor vehicles. This has resulted in an increasing demand for petroleum products to address the rising fuel requirements. This is expected to positively impact the offshore decommissioning market to give service and di-locating service of the offshore platform.

Request Report Sample: @  https://www.researchnester.com/sample-request-1266 Expansion of Offshore Decommissioning Industry

Offshore decommissioning market is expanding with the growth of oil and gas industry, as the new technologies and innovation for ultra-deep water forced the major oil and gas producing companies to increase the production rate to meet the global energy requirement, which directly correlates the growth and expansion of decommissioning market.

The report titled “Global Offshore Decommissioning: Global Demand Analysis & Opportunity Outlook 2027″ delivers detailed overview of the global offshore decommissioning market in terms of market segmentation by Structure, by service type, by application and by regions.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global offshore decommissioning market which includes company profiling of Af Gruppen, John Wood Group, Ramboll group, Aker solutions, Amec Foster Wheeler, Oceaneering International, Heerema Marine Internationals, Halliburton, schlumberger and Alfa Laval. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of global offshore decommissioning market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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[aviationgeek71]

Mission Point Lighthouse, Old Mission Peninsula, Traverse City, MI. August 5, 2019.

“To be a lighthouse, you must be strong enough to resist every kind of storm, to every kind of loneliness and you must have a powerful light inside you!”

— Mehmet Murat Ildan

Her guiding light first graced the tip of the Old Mission Peninsula on September 10, 1870. Using a Fresnel Lens — made of many small pieces of glass, with different thicknesses to reflect and magnify light — her comforting lamp illuminated the dangerous waters of the north end of west Grand Traverse Bay. 

Cared for by only seven lightkeepers through the decades, she was finally decommissioned in 1933 and replaced by an automated-offshore buoy light.

Her story is now a testament to the beautiful history of the many lighthouses on the Great Lakes.

As a side note, I highly recommend traveling along the scenic Peninsula Dr and stopping at the Jolly Pumpkin Brewery. I can personally attest that their dark ale is a perfect addition to any pizza & beer day (aka Friday). 😋😎

By @aviationgeek71

[bouncinghedgehog]

Alt National Park Service

People often ask, “What exactly are we resisting?” So, we decided to keep a detailed list. From 2017 to 2021, the Trump administration reversed over 100 environmental regulations, affecting climate policy, air, water, wildlife, and chemical safety. Additionally, more than a dozen other rollbacks were in progress but not finalized by the end of the term, prompting questions about the potential impact of another four years. You might wonder what another four years could look like. Here's a summary of Trumps last four years in office:

- Weakened fuel economy and greenhouse gas standards.

- Revoked California's stricter emissions standards.

- Withdrawn legal basis for limiting mercury from coal plants.

- Exited the Paris climate agreement.

- Altered Clean Air Act cost-benefit analysis methods.

- Canceled methane emissions reporting for oil and gas companies.

- Revised rules on methane emissions from drilling on public lands.

- Eliminated methane standards for oil and gas facilities.

- Withdrew rule limiting toxic emissions from industrial polluters.

- Eased pollution safeguards for new power plants.

- Changed refinery pollution monitoring rules.

- Reversed emissions reduction during power plant malfunctions.

- Weakened air pollution rules for national parks and wilderness areas.

- Loosened state air pollution plan oversight.

- Established minimum threshold for regulating greenhouse gases.

- Relaxed pollution regulations for waste coal plants.

- Repealed hydrofluorocarbon leak and venting rules.

- Ended use of social cost of carbon in rulemaking.

- Allowed increased ozone pollution from upwind states.

- Stopped including greenhouse gas emissions in environmental reviews.

- Revoked federal greenhouse gas reduction goal.

- Repealed tailpipe emissions tracking on federal highways.

- Lifted ban on higher ethanol gasoline blends in summer.

- Extended deadlines for methane emissions plans for landfills.

- Withdrew rule reducing pollutants at sewage plants.

- Dropped tighter pollution standards for offshore oil and gas.

- Amended emissions standards for ceramics manufacturers.

- Relaxed leak monitoring at oil and gas facilities.

- Cut two national monuments in Utah.

- Ended freeze on new coal leases on public lands.

- Permitted oil and gas development in Arctic Refuge.

- Opened land for drilling in National Petroleum Reserve, Alaska.

- Lifted ban on logging in Tongass National Forest.

- Approved Dakota Access pipeline near Sioux reservation.

- Rescinded water pollution rules for fracking.

- Withdrawn rig decommissioning cost proof requirement.

- Moved cross-border project permits to presidential office.

- Altered FERC's greenhouse gas considerations in pipelines.

- Revised ocean and coastal water policy.

- Loosened offshore drilling safety regulations post-Deepwater Horizon.

- Weakened National Environmental Policy Act.

- Revoked flood standards for federal projects.

- Eased federal infrastructure project environmental reviews.

- Ended financing for overseas coal plants.

- Revoked directive to minimize natural resource impacts.

- Revoked climate resilience order for Bering Sea.

- Reversed public land-use planning update.

- Withdrawn climate change consideration in national park management.

- Limited environmental study length and page count.

- Dropped Obama-era climate change and conservation policies.

- Eliminated planning system to minimize oil and gas harm on sensitive lands.

- Withdrawn policies for improving resources affected by federal projects.

- Revised Forest Service project review process.

- Ended natural gas project environmental impact reviews.

- Rolled back migratory bird protections.

- Reduced habitat for northern spotted owl.

- Altered Endangered Species Act application.

- Weakened habitat protections under the Endangered Species Act.

- Ended automatic protections for threatened species.

- Reduced environmental protections for California salmon and smelt.

- Removed gray wolf from endangered list.

- Overturned bans on lead ammo and fishing tackle on federal lands.

- Reversed ban on predator hunting in Alaskan refuges.

- Reversed rule against baiting grizzly bears for hunting.

- Amended fishing regulations.

- Removed commercial fishing restrictions in marine preserve.

- Proposed changes to endangered marine mammal injury limits.

- Loosened fishing restrictions for Atlantic Bluefin Tuna.

- Overturned migratory bird handicrafts ban.

- Reduced Clean Water Act protections for tributaries and wetlands.

- Revoked stream debris dumping rule for coal companies.

- Weakened toxic discharge limits for power plants.

- Extended lead pipe removal time in water systems.

- Eased Clean Water Act for federal project permits over state objections.

- Allowed unlined coal ash ponds to continue operating.

- Withdrawn groundwater protections for uranium mines.

- Rejected chlorpyrifos pesticide ban.

- Declined financial responsibility rules for spills and accidents.

- Opted against requiring mining industry pollution cleanup proof.

- Narrowed toxic chemical safety assessment scope.

- Reversed braking system upgrades for hazardous material trains.

- Allowed liquefied natural gas rail transport.

- Rolled back hazardous chemical site safety rules.

- Narrowed pesticide application buffer zones.

- Removed copper filter cake from hazardous waste list.

- Limited use of scientific studies in public health regulations.

- Reduced corporate settlement funding for environmental projects.

- Repealed light bulb energy-efficiency regulation.

- Weakened dishwasher efficiency standards.

- Loosened efficiency standards for showerheads and appliances.

- Altered energy efficiency standard-setting process.

- Blocked efficiency standards for furnaces and water heaters.

- Simplified appliance efficiency test exemption process.

- Limited environmentally focused investments in 401(k) plans.

- Changed policy on using sand from protected ecosystems.

- Halted contributions to the Green Climate Fund.

- Reversed national park plastic bottle sale restrictions.

[sailorsharky]

⚓️Journal of a Sailor V⚓️

-= Log: 1=-

-= Day 1=-

-= Time of writing: 1930 =-

-= Weather conditions: Mostly clear skies. =-

I left home at 0700, and arrived roughly 3 hours later aboard the vessel. A vessel with a sizeable crew. There was some paperwork and instructional videos to get through, but once that was over, it was time to get my hands dirty.

Spent the remainder of my shift assisting others on deck whilst trying to form a mental map of the vessel along with asking around for info about the ship and the type of work that she's made for. More on that later.

For now, my shift is over and I've got 12 hours completely to myself. We've just slipped our moorings and are underway to the North Sea proper.

-= Day 2 =-

-= Time of writing: 1010 the following day. =-

-= Weather conditions: Warm and sunny. =-

Not much to comment on for day two, as the whole day was spent cleaning the decks, starting from the bridge deck, down to the forward deck and finishing off on the main deck. Still more to do the next day.

-= Day 3 =-

-= Time of writing: 2100 =-

-= Weather conditions: Clear during the day, more cloud cover towards the evening. =-

More deckwashing today, plus some extra familiarization. Couple of meetings too, especially in regards to the job of decommissioning an offshore installation. We're now at anchor at the location and we'll stay here for two to three weeks as we take it apart.

Looking forward to seeing how this'll go, as it's the first time I'm involved in work of this sort.

So far I can say that I like the ship, as well as the folks aboard. Friendly colleagues, for one, and the ship is quite luxurious all things considered.

-= Day 4 =-

-= Time of writing: 1932 the next day. =-

-= Weather conditions: Clear skies most of the day. =-

Well, this log entry slipped my mind for a few.

The day was mostly spent keeping watch over the gangway connecting the ship to the platform, including keeping an eye on who goes off onto it.

Aside from that, there are some other odd jobs on the aft deck, mostly involving hoisting, lifting and the preparation for the materials to be hoisted.

I did, however, injure myself on something, but I'll be alright as it's nothing major. At most it's annoying in that it makes working with heavy gear a bit more difficult.

Should pass, given some time.

-= Day 5 =-

-= Time of writing: 1938 =-

-= Weather conditions: Rain and wind in the morning, sunny in the afternoon. =-

Immediate follow up on the last entry; I got my injury checked out by the onboard medic. It's nothing major, but still painful. Been described some pain meds and with those it's a bit better.

Other than that, I've been up the platform myself today, to help out with things, such as cleaning the heli deck, lashing loose objects in order to secure the first part of the rig for lifting and taking down materiel from the rig by crane.

Not much else to report at this time.

-= Day 6 =-

-= Time of writing: 1949 =-

-= Weather conditions: Sunny in the morning, shifting to rain, string winds and high waves over the course of the afternoon. =-

Welp. I overworked myself this morning and had to pay the ship's medic another visit. No change in the situation with my injury (bruised ribs), but in order for it to heal properly, I'm relegated to light duties only. Right now that means gangway watch. No heavy lifting, hauling, pulling or what have you.

So, that's what I'm doing from now on.

As for the project, the first third of the rig has been removed and put on a barge, and cutting of the second section has been nearly completed. All that remains is to remove that, followed up by the underwater section.

We also managed to dredge up some scrap that was lying on the seafloor. To which quite a lot of sea life was clinging onto. From anemones to seasponges, starfish and crabs.

No doubt we'll see a lot more when the final section of the rig is lifted up from the seafloor.

-= Day 7 =-

-= Time of writing: 1927 =-

-= Weather conditions: Sunny all day with a slight wind. =-

More gangway watch, plus some small tasks here and there as needed. The usual.

My ribs still hurt immensely in the morning, but the painkillers do help.

Other than that, two-thirds of the rig has been cut loose and hoisted up during my shift.

Now, all that remains is the underwater portion, which will take a significantly longer time to complete.

But with that said, the first quarter of my contract is over now. And with that, this log will go up.

P.S: I can't show pictures of the job in question yet, as I need to ask permission for that first. But some beauty shots I can use for the next log.

✨️May Polaris guide you always.✨️

[poojagblog-blog]

The global Offshore Support Vessel Market in terms of revenue was estimated to be worth $25.6 billion in 2024 and is poised to reach $36.3 billion by 2029, growing at a CAGR of 7.2% from 2024 to 2029 according to a new report by MarketsandMarkets™. The global Offshore Support Vessel Market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such as government policies and incentives and technological advancements among others. The rising global demand for energy, particularly from developing countries, pushes the need for increased offshore exploration and production, subsequently driving the OSV market.

[dsiddhant]

Jun 05, 2023 (AB Digital via COMTEX) -- The global Offshore Support Vessel Market is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according...

[allthebrazilianpolitics]

Another FPSO put into production off Brazil

A second of two floating, production, storage and offloading (FPSO) vessels that are part of Petrobras’ revitalisation project in the Campos Basin offshore Brazil has started production.

The FPSO Anita Garibaldi MV33 arrived in Brazil in January 2023, where its final commissioning was expected to proceed in a shipyard in the state of Espírito Santo. The vessel left the DSIC Marine Yard shipyard in the city of Dalian, China, and embarked on its journey to Brazil on 6 October 2022. The FPSO was built by MODEC.

According to Petrobras, the FPSO Anita Garibaldi was put into production on 16 August 2023, as the second unit since May 2023, which will operate in the post-salt and pre-salt of the Marlim and Voador fields. The first of two FPSOs that are part of this project, which came online in May 2023, was the FPSO Anna Nery.

These two FPSOs are planned to be connected to 75 wells to extend the production from the fields’ deposits until 2048. The two FPSOs have a joint production capacity of up to 150,000 barrels of oil per day (bpd) and a processing capacity of up to 11 million m³ of gas. The vessels will replace nine platforms that operated in the Campos Basin: P-18, P-19, P-20, P-26, P-32, P-33, P-35, P-37, and P-47, which will be decommissioned.

Jean Paul Prates, CEO of Petrobras, commented: “The Anita Garibaldi and Anna Nery platforms, which also started operating in 2023, will be key to increasing the longevity of the Campos Basin and expanding its production. In parallel, they are equipped with state-of-the-art technologies to reduce greenhouse gas emissions, combining efficiency and decarbonisation.”

Continue reading.