LiquidPower Specialty Products Inc. (a Berkshire Hathaway Company)’s Post

Overview of the Houston 2024 OTC. #AmericanMudPumps #oilgas #upstream #mudpumpparts #ProudDrillers #OTC #OffshoreTechnologyConference

We will be attending this year’s International Liquid Terminals Association (ILTA) 2024 Conference and Tradeshow for the first time! Join us on Tuesday, May 7th at the George R Brown Convention Center in Houston. If you’re attending the conference, reach out to Chad Haegelin, Pete Ramirez, or the newest addition to our EPC team, Javier De Jesus to learn how ISltd is taking a more advanced approach to predicting pipeline and facility risk in accordance with API 1188. #pipelinefacility #liquidterminals #oilindustry #facilities #facilityrisk

2 become 10 Petrobras is facing 'owner's market' conditions. The oil giant remains asking for too extended offer validity periods, and #vessels are getting fixed elsewhere in a much more dynamic #market. Notwithstanding, owners' challenges with financing modifications and other particular requirements of the Brazilian market remain, #Petrobras ain't getting what they expect to hire. The inevitable consequence is to review ongoing tenders as the current #PSV demand being revised from 2 PSV/OSRV type to 10 units, now including oil, general cargo, fluid carriers and multipurpose PSV specs - is the reflection of Alexandre Vilela on the recent change promoted by Petrobras in opportunity 7004270127 via #Petronect. Alexandre Mattar Vilela Beatriz Mendes Raphael Montes Omar Darian Fernando Vilela

Petrobras #PSV SEP 4 vessels also became 5. Interesting times. At first for Petrobras addressing the market with a published expected demand, this is great. Further, the adjustments come not only as a result of a tighter market as we said on the below article, but also as every charterer is challenged to budget more precisely. This is no easy feat for turbulent times. For that WSB One is out there. Kudos to the Petrobras chartering team. As a public company Petrobras can’t simply adjust tender outcomes, new opportunities need to be created most of the time. Some see the long lead time purely with criticism, but it is not simple and easy. Far from that. Raphael Montes Omar Darian Beatriz Mendes WSB Advisors Westhon

Another piece to the Puzzle Indeed! Shall we? The FPSO market in Brazil, particularly with Petrobras, is witnessing challenges related to financial issues, local content requirements, and uncertainties in the yard selection process. COOEC's unexpected withdrawal and Seatrium's potential emergence as the sole bidder highlight the intricacies of international collaborations in the offshore industry. As the negotiations unfold, the outcome will impact the supply chain dynamics and showcase the evolving landscape of FPSO projects in Brazil's pre-salt fields. Let's think together. #petrobras #fpsomarket #uncertaities #shipyeards #puzzle Link: https://lnkd.in/d9f6Tnr3

Complexity plays a hard line when discussing a critical project such as Sepia#2 and Atapu#2. However, optimists are present concerning the project moving to execution in a few years. This is the future for both fields and represents the next stage of offshore development by Petrobras. Fingers crossed! #petrobras #future #insightspablocosta #next #offshoredevelopment Source: https://lnkd.in/dUJBzBpv

This is a Yellow alert to say the least. ““We are in close contact with the supply chain and not a single FPSO company approached them to quote prices. Interest in the tender seems to be null at this point,” one well-informed source told Upstream on the sidelines of the OTC Brazil 2023 conference in Rio de Janeiro, Brazil.” Source: https://lnkd.in/dMpwN3C9 Indeed a challenge to Petrobras to overcome this challenge! To be followed closely! 🤔👀👀👀 #petrobras #fields #fpso #enwegyindustry

As I have mentioned to be followed closely.

SPE Workshop: Well Decomissioning in Brazil 19-20th September - JW Marriot, Rio de Janeiro, Brazil This SPE workshop, will discuss the challenges, technical and recent regulatory learnings including wells and equipment with high age, sometimes obsolete and with unavailability of information, uncertainties regarding the condition of integrity, existence of damage and deformations in the production or coating column, requests for regulatory exemption to simplify the abandonment configuration, permanent abandonment through tubing in sections with cables and control lines, qualification of alternative materials to cement, etc. Join the specialists to discuss these important topics: Chairperson: Caio Nascimento Cisneiros, Petrobras Committee Members: Vanessa Arivabene, PRIO Tiaraju Piaia Bernardi, Petrobras Bernardo Brandão Gobbi, Petrobras Steven Allan Canny, Weatherford Igor Debacker, Shell Luiz Do Ó, Petrobras Paulo Dore Fernandes, Syngular Solutions João Humberto Guandalini Batista, Repsol Sinopec Brasil Rafael Kenupp, Trident Energy Marcelo Matos, Petrobras Leonardo Pacheco,Petrobras Carlos Alberto Pedroso, Enauta, SPE Brazil Section Rafael Purificacao, SPE Brazil Section Officer Luiz Rocha, Syngular Solutions Emilio Silva, Petrobras Claudia Vasconcellos, Petrobras Organization: Society of Petroleum Engineers International Registration is open https://lnkd.in/d-8wc4vs #WeAreSPE #SPEBrasil #SPEBrazilSection #Decomissioning

S&P Global colleague Sanchez Richard will be presenting at the Offshore Support Journal conference in Houston, Texas, from June 11th - 12th, 2024. Come hear Richard discuss the key trends impacting the OSVs market in North America. #OSVMarket #OffshoreSupport #IndustryTrends Upstream by S&P Global Commodity Insights