Repsol Sinopec has opted to use Aker Solutions’ managed pressure drilling (MPD) systems and riser gas handling services for an ultra-deepwater operation offshore Brazil.
The Norwegian contractor’s subsidiary Managed Pressure Operations will deliver the MPD systems and services to the Spanish- Chinese joint venture, although the value of the order was not revealed. The 3-year contract for the work in the Campos Basin comes with an option for an additional two years of services.
“This contract will demonstrate the unique capabilities of our riser gas handling safety system and introduce the first deepwater application of our riser drilling device into an offshore MPD system below the tensioner on a rig,” said Charles Orbell, head of Managed Pressured Operations (MPO), which is part of Aker’s drilling technologies business.
The riser gas handling system helps control wellbore fluids during drilling. It detects an influx of gas into the drilling riser and diverts the gas to prevent a blowout.
Aker only bought Managed Pressure Operations International in February this year.
Recommended Reading
President: Financial Debt for Mexico's Pemex Totaled $106.8B End of 2023
2024-02-21 - President Andres Manuel Lopez Obrador revealed the debt data in a chart from a presentation on Pemex at a government press conference.
Green Swan Seeks US Financing for Global Decarbonization Projects
2024-02-21 - Green Swan, an investment platform seeking to provide capital to countries signed on to the Paris Agreement, is courting U.S. investors to fund decarbonization projects in countries including Iran and Venezuela, its executives told Hart Energy.
BP Pursues ‘25-by-‘25’ Target to Amp Up LNG Production
2024-02-15 - BP wants to boost its LNG portfolio to 25 mtpa by 2025 under a plan dubbed “25-by-25,” upping its portfolio by 9% compared to 2023, CEO Murray Auchincloss said during the company’s webcast with analysts.
Sunoco’s $7B Acquisition of NuStar Evades Further FTC Scrutiny
2024-04-09 - The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for Sunoco’s pending acquisition of NuStar Energy has expired, bringing the deal one step closer to completion.
Aramco Reports Second Highest Net Income for 2023
2024-03-15 - The year-on-year decline was due to lower crude oil prices and volumes sold and lower refining and chemicals margins.