Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / articles / petrobras to develop advanced subsea pumping technol mwn benzinga


SM - Petrobras to Develop Advanced Subsea Pumping Technology | Benzinga

Petrobras S.A. (NYSE: PBR), the Brazilian state-owned energy giant, has joined forces with Curtiss-Wright Corporation (NYSE: CW) to proceed with the development of a fully electric subsea pumping system. The system will be designed to make it significantly less reliant on the production platform.

The partnership has decided to use hermetically sealed (canned) motors instead of traditional mechanical seals for the subsea pumping motors. This should significantly increase the efficiency and reliability of the pumping system. Increased reliability means fewer unplanned disruptions, thereby reducing subsequent production losses for the company. Additionally, these subsea pumping motors can extract a mixture of raw oil and gas from water depths of up to 4,921 feet.

In a press release, Petrobras stated that the new equipment is aimed at reducing the cost associated with vessels and reviving old, mature fields. The new pumping system will also facilitate production over long subsea flowlines that connect the well directly to the platform. 

Petrobras and Curtiss-Wright have stated their plans to start prototype testing of this technology in 2026. ...

Full story available on Benzinga.com

Stock Information

Company Name: SM Energy Company
Stock Symbol: SM
Market: NYSE

Menu

SM SM Quote SM Short SM News SM Articles SM Message Board
Get SM Alerts

News, Short Squeeze, Breakout and More Instantly...