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.
Recommended Reading
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.
Matador Resources Announces Quarterly Cash Dividend
2024-04-18 - Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.
BP Restructures, Reduces Executive Team to 10
2024-04-18 - BP said the organizational changes will reduce duplication and reporting line complexity.
Equitrans Midstream Announces Quarterly Dividends
2024-04-23 - Equitrans' dividends will be paid on May 15 to all applicable ETRN shareholders of record at the close of business on May 7.
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.