Dec. 15 (OE) MISC and China Offshore Engineering & Technology Company have received the Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their design of an ammonia floating production storage and offloading (FPSO). This innovative floater solution adapts proven onshore production technology for offshore operations, transforming unutilized hydrocarbon gas from nearby... Continue Reading →
Petrobras Auctions Two Offshore Platforms for Recycling
Dec. 15 (Reuters) Brazil's state-run oil firm Petrobras has launched an auction to sell two old offshore platforms no longer in production for sustainable recycling, the firm said on Friday. Platforms P-19 and P-26 will be sold separately, said the firm, adding that together they contain about 40,000 tons of steel. The firm has previously... Continue Reading →
BW Energy Inks Long-Term Lease for Maromba Drilling Platform
Ded. 15 (OE) BW Energy has signed a long-term lease agreement for the Maromba drilling and wellhead platform, converting a short-term lease for the Super Gorilla class jack-up rig BW MAROMBA B into a project lease with Minsheng Financial Leasing (MSFL). The new agreement covers the rig purchase and all costs required to bring the... Continue Reading →
TechnipFMC’s 100th Subsea 2.0 tree goes to Shell, the platform’s first customer
Dec. 12 (offshore-energy.biz) TechnipFMC has delivered its 100th Subsea 2.0 tree to UK-headquartered energy giant Shell, the company that placed the first order for the subsea product platform. The subsea tree was manufactured, assembled, and tested at TechnipFMC’s dedicated facility for Subsea 2.0 in Nusajaya, Malaysia, and will be used on Shell’s project in the Gulf... Continue Reading →
Shell Picks Valaris Drillship for Work Offshore Brazil
Dec. 12 (OE) Offshore drilling contractor Valaris has secured a multi-year contract with Shell for its VALARIS DS-8 drillship, which will be put to work offshore Brazil. The contract is expected to start in the first quarter of 2027, with an estimated duration of approximately 800 days. The total contract value for the VALARIS DS-8,... Continue Reading →
Petrobras Workers Announce Nationwide Strike
Dec. 11 (oilprice.com) Workers at Brazil's Oil & Gas giant Petróleo Brasileiro S.A. (NYSE:PBR), aka Petrobras, have announced a nationwide strike starting December 15, terming the company's latest counteroffer for a labor agreement as "disrespectful”. Petrobras workers have been pushing for changes to the employee compensation structure, claiming there’s a deficit in the retirement fund. However, Reuters cited an... Continue Reading →
Petrobras Removes Offshore Wind Energy Project in Espírito Santo from Business Plan
Dec. 11 (agazeta.com.br) Petrobras has restructured its low-carbon energy portfolio, reducing its ambition in renewable generation projects and positioning offshore wind energy as a long-term priority. In line with this new strategy, which prioritizes balancing demand and regulatory market evolution, the company maintained only one pilot project in Rio de Janeiro, thus removing broader development... Continue Reading →
Norway Gives Go-Ahead to Two Consortia in Floating Wind Tender
Dec. 11 (OE) The Norwegian Ministry of Energy has decided to award two project areas for floating offshore wind at Utsira Nord to Equinor- Vårgrønn and Deep Wind Offshore Norway-EDF Renouvelables consortia. The ministry said both applicants met qualification requirements and that each group will receive its own project area. Applications were filed by the... Continue Reading →
Petrobras informs about the form of distribution of remuneration to shareholders related to 3Q25
Dec. 11 - Petrobras, following up on the Material Fact from November 6, 2025, informs that the distribution of remuneration to shareholders, approved on that date by the Board of Directors, in the amount of R$ 12.16 billion, equivalent to R$ 0.94320755 per common and preferred share outstanding, will be paid as follows, according to the decision... Continue Reading →
TGS Gets Streamer 4D Job Offshore Brazil
Dec. 11 (OE) Energy data and intelligence firm TGS has secured a streamer 4D contract in the Campos Basin, offshore Brazil. A Ramform vessel is scheduled to mobilize for the survey in the second half of 2026, with the contract expected to last approximately 75 days. The value of the contract or the name of... Continue Reading →