Category: Deepwater

Jumbo Offshore completes mooring line installation for Errea Wittu FPSO mooring spread for ExxonMobil Guyana Ltd. at Uaru Field, Stabroek Block, Offshore Guyana

12 February 2026 – Jumbo Offshore has completed mooring pre-installationactivities for the FPSO Errea Wittu for Exxon Mobil Guyana Ltd. at Uaru Field,Stabroek Block, Offshore Guyana, on behalf of Modec. The scope of work included theinstallation of suction anchors and the pre-lay of mooring lines in preparation forFPSO hook-up.Jumbo Offshore performed installation engineering, procurement, mobilisation... Continue Reading →

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Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Feb. 10 - Seatrium, through its wholly owned subsidiary Jurong Shipyard, has started arbitration proceedings against Petrobras Netherlands in connection with a legacy contract for the conversion of the P-54 floating production, storage and offloading vessel (FPSO). The dispute relates to a settlement agreement reached in 2008 following amendments to the original 2004 contract. Under... Continue Reading →

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Transocean to Acquire Valaris for $5.8B

Feb. 9 (Reuters) Oilfield services firm Transocean said on Monday it will acquire peer Valaris in an all-stock deal valued at $5.8 billion, expanding its exposure across deepwater, harsh-environment and shallow-water basins worldwide. Transocean shares were down 4% at $5.16, while Valaris shares were up 14.6% at $71.61 in premarket trade. Oilfield service providers have... Continue Reading →

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Brava Energia January 2026 Production Data

Feb. 6 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general of the preliminary and unaudited production data for the month of January 2026. Potiguar – The monthly results reflect the impact of the temporary shutdown of facilities in the region, resulting from the audit conducted by... Continue Reading →

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