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Tag: Brazilia

Saipem wins FPSO contract for Indonesia’s Kutei North Hub project

Offshore
The contract covers the engineering, procurement, construction and installation of a floating production, storage and offloading unit for the Kutei North Hub Field Development Facility

SSEN Transmission signs long-term HVDC subsea cable agreement with Sumitomo Electric and Van Oord

Offshore
The agreement is intended to support a series of strategic subsea transmission projects, including the proposed Shetland 2 HVDC link.

Royal IHC awarded major contract for supply of FPSO equipment for Yinson

Oil & Gas
Malaysian FPSO provider Yinson has awarded Royal IHC a contract for the supply of a tandem mooring & offloading system and a riser pull-in system.

US fines Petrobras $853m for corrupt payments

Business
Petrobras agreed with US and Brazilian authorities to pay $853.2 million in penalties to resolve the US government’s investigation into violations of the FCPA in connection with Petrobras

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