Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
Curtiss-Wright Corp. and Petrobras signed a technology cooperation agreement for the design, manufacturing, testing and operational support of a subsea canned motor boosting system at a Petrobras production field in the Campos Basin, Brazil, according to a Feb. 12 press release.
To be deployed mudline, the subsea boosting system will be for unprocessed hydrocarbon fluid and operate at a 1,500-m water depth.
The system will combine Curtiss-Wright’s canned motor pump technology with Petrobras’ knowledge in flow assurance and offshore hydrocarbon production and processing. According to the press release, Curtiss-Wright’s technology will enable subsea production with fewer topside support systems to be deployed on lighter and lower-cost vessels and support Petrobras’ goal of all-electric subsea boosting systems for long tieback production.
The system will be an alternative to subsea pump technologies, reducing planned outages and production interruptions.
Curtiss-Wright will do the design, manufacturing and water-based testing at a facility in Pennsylvania within the company’s naval and power segment. Multiphase testing with hydrocarbons at a facility in Brazil.
The first subsea canned motor boosting system will be ready for operation in 2027.
2024-01-31 - As E&Ps look to bulk up outside of the Permian Basin, EnCap-backed Bakken player Grayson Mill Energy is reportedly exploring a sale valued around $5 billion.
2024-02-12 - The tie-up between Diamondback Energy and Endeavor Energy—two of the Permian’s top oil producers—is expected to create a new “super-independent” E&P with a market value north of $50 billion.
2023-12-26 - Following M&A in 2023, four companies are now positioned to control about 58% of future production in the Permian Basin.
2024-01-04 - APA and its subsidiary Apache Corp. are plucking Callon Petroleum off the board for $4.5 billion in stock as a historic wave of Permian consolidation enters a new year.
2024-02-27 - After plowing nearly $7 billion into Permian Basin M&A last year, Civitas Resources is selling off non-core acreage from its legacy position in Colorado as part of a $300 million divestiture goal.