gCaptain just received news that on 25 23 March, one of Petrobras’ 8000-foot long production risers fell to the sea floor after the chain connecting it to its massive bouyancy can failed. There are no reports of any hydrocarbon release, however it will likely take some time before Cascade and Chinook will be ready to start production again. The news comes just 8 6 days after the BOEMRE granted Petrobras the green light to begin production at this ultra-deepwater facility.
This image shows the chain connecting the bouyancy tank to the production riser below
The 130 ton bouyancy can was reported to have drifted to within a few miles of Chevron’s Tahiti production spar before responders plucked it out of the sea. The BOA Sub C, Viking Poseiden, and Edison Chouest vessels have been responding to this incident. No comment from Petrobras or the BOEMRE was available at this time.
The BW Pioneer can process up to 80,000 bopd and has an oil storage capacity of 600,000 bbls.
UPDATE: An unofficial report from the USCG indicates that there was no damage to the FPSO BW Pioneer and no environmental impact. Damage was limited to subsea production architecture on the sea floor.
European Union diplomats said they expect to reach a deal during an EU summit this week on an 18th package of sanctions against Russia, which Slovakia and Hungary are using as a bargaining chip for concessions on Russian energy.
Israel and Iran appeared to be honoring a ceasefire agreement unexpectedly announced by US President Donald Trump overnight, after the American leader reacted angrily to early breaches of the deal by both sides.
U.S. strikes on several Iranian nuclear sites represent a meaningful escalation of the Middle East conflict that could lead Tehran to disrupt vital exports of oil and gas from the region, sparking a surge in energy prices. But history tells us that any disruption would likely be short-lived.
June 23, 2025
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