Sept. 29 (offshore-energy.biz) As global energy markets continue to navigate the volatility, long-term commitments are becoming the ultimate currency, which U.S.-headquartered energy player Cheniere Energy’s liquefied natural gas (LNG) deal with Brazil’s state-owned Petrobras hammers home, as it binds U.S. Gulf Coast liquefaction terminals to Brazil’s energy grid for more than two decades. Cheniere Energy’s... Continue Reading →
Staatsolie receives fifth offshore proposal through Suriname Open-Door process
Sept. 29 (oilnow.gy) Staatsolie Maatschappij Suriname N.V. has received a proposal for an offshore area in Sector 1: SHO West. The Surinamese state oil company announced the submission on Tuesday, September 22, 2026. Under its Open-Door process, qualified companies now have 90 days to submit competing proposals for the same area. The submission period opened... Continue Reading →
SBM Offshore Taps Chinese Contractor for FPSO Topside Modules
Sept. 29 (OE) China-based BOMESC Offshore Engineering's wholly owned subsidiary Tianjin BOMESC has signed a contract with SBM Offshore for the design, procurement and construction of topside modules for a floating production, storage and offloading (FPSO) destined for South America. Tianjin BOMESC Offshore Engineering will build the modules at the company's Lingang Offshore Heavy Industry... Continue Reading →
Exxon – One billion barrels: Guyana’s remarkable journey continues
Sept. 28 (Exxon) Producing one billion barrels of oil is an extraordinary milestone anywhere in the world. In Guyana, it represents a story of vision, partnership, and excellence that has reshaped the nation and the global energy landscape. Just over a decade ago, ExxonMobil and our co-venturers made a world-class discovery in Guyana's Stabroek block.... Continue Reading →
Big Oil Faces Strategy Rethink as Iran War Reshapes Energy Markets
Sept. 28 (Reuters) The world's biggest energy companies are poised to deliver another quarter of bumper profits, fuelled by record refining margins. Flush with cash, Big Oil now needs to chart a course for future growth in a world reshaped by the Middle East crisis. Big Oil has seen its cash coffers balloon this year.... Continue Reading →
Heavy-lift drones move nine tonnes during offshore wind campaign
Sept. 28 (splash247.com) Cargo drones have moved beyond short demonstrations into sustained offshore operations, with RWE and Ampelmann completing more than 250 drone flights during a six-week maintenance campaign at the Triton Knoll wind farm off the UK. More than nine tonnes of tools, spare parts and safety equipment were transported between a service operation... Continue Reading →
Electrical fault triggers oil output deferral and rig intervention plans at Karoon’s Brazilian field
Sept. 28 (offshore-energy.biz) Just three months after installing a brand-new electrical system to boost its flagship Brazilian offshore field, Karoon Energy, an ASX-listed international oil and gas exploration and production player, is heading back to the drawing board. After noting a fault on the monitoring system of the SPS-92 well at the Baúna field, Karoon... Continue Reading →
Venezuela’s Oil Comeback Could Cost More Than $100 Billion
Sept. 27 (oilprice.com) The Trump Administration is touting the new oil order in Venezuela as a tremendous opportunity for reviving the industry in the world’s biggest crude oil resource holder. The U.S.-led restructuring of the sector kicked out Russian and Chinese companies out of previously awarded concessions, and spurred a flurry of oil deals with... Continue Reading →
Shearwater Lines Up Three-Year South America OBN Campaign
Sept. 28 (OE) Shearwater Geoservices has been awarded a three-year ocean bottom node (OBN) seismic acquisition contract by an undisclosed oil and gas company for work offshore South America, with operations set to begin in the fourth quarter of 2026. The contract includes firm scopes in the first and third years of the award period,... Continue Reading →
Petrobras signs memorandum of understanding with Mozambique’s ENH for cooperation in the oil and gas sector
Sept. 26 - Petrobras signed a memorandum of understanding (MoU) with Mozambique's Empresa Nacional de Hidrocarbonetos (ENH) to establish the foundation for strategic cooperation between the companies in the oil and gas sector. The agreement's objectives include joint efforts in studies, assessment, development, and commercialization, as well as knowledge sharing and the exchange of technical... Continue Reading →