Sevan Marine has signed a letter of intent with Petrobras for the lease of an SSP - Sevan stabilized platform - to produce the Piranema field offshore Brazil.
The cost of producing petroleum through offshore facilities increases sharply as the water depths increases. In recent years, to ensure profitability in deep-water and ultra-deepwater...
Sevan SSP says the circular FPSO for Shell UK’s Penguins field redevelopment in the northern North Sea was installed at the field location late last month, in 165 m water depth...
