Cade approves Petrobras’ entry into the Itaimbezinho block, reinforcing natural gas strategy in the Campos Basin

July 2 (cenarioenergia) - The Administrative Council for Economic Defense (Cade) has approved, without restrictions, Petrobras' entry into the Itaimbezinho exploration block, located offshore in the Campos Basin and contracted under the production-sharing regime. The transaction involves acquiring a 50% stake currently held by Equinor—a move that reinforces the Petrobras' strategy to expand its exploration... Continue Reading →

July 3, 2026 0

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

July 2 (OE) MODEC has completed the forward hull section of floating production, storage and offloading (FPSO) vessel Gato do Mato, marking a key construction milestone for the Brazil-bound offshore production unit. The forward hull section, built at Sumitomo Heavy Industries Marine & Engineering's Yokosuka shipyard in Japan, has departed for China, where it will... Continue Reading →

July 2, 2026 0

Buzios Field surpasses 1.2 million barrels of oil pre day, new record just 3 days after reaching 1.1 barrels

July 1 - Just three days after reaching the milestone of 1.1 million barrels of oil per day last week, the Búzios field—located in the Santos Basin pre-salt—set a new production record. Last Friday (26), the field achieved an average daily production exceeding 1.2 million barrels of oil. This result was driven by the progress... Continue Reading →

July 1, 2026 0

Tenaris Opens Suriname Service Center to Support GranMorgu Offshore Project

July 1 (OE) Steel pipe supplier Tenaris has started operations at a new service center in Suriname to support the GranMorgu offshore project, operated by TotalEnergies with APA Corporation and Staatsolie Maatschappij Suriname as partners. Located in Paramaribo, the service center will provide integrated services for offshore operations, supporting TotalEnergies with the supply of casing,... Continue Reading →

July 1, 2026 0

DOF vessel lined up for three-year subsea contract in Stabroek Block

June 30 (oilnow.gy) DOF Group ASA has secured a three-year contract for the Skandi Involver to support subsea work in Guyana’s Stabroek Block, where ExxonMobil Guyana Limited continues to advance offshore development activity. The Norway-based offshore and subsea services company announced on June 26 that the award was made through its North America subsea region.... Continue Reading →

June 30, 2026 0

MODEC Sends Brazil FPSO to Denmark for Recycling After 17 Years in Operation

June 30 (OE) Cidade de Niterói MV18 floating production, storage and offloading vessel (FPSO) unit, owned and operated by MODEC, has arrived at a ship recycling facility in Denmark after completing charter and operations and maintenance services for Petrobras at the Marlim Leste field offshore Brazil. The FPSO departed Brazil following the completion of demobilization... Continue Reading →

June 30, 2026 0

SBM Offshore completes US$465 million financing of FSO Chalchi

Amsterdam, June 29, 2026 SBM Offshore announces it has signed the project financing of FSO Chalchi for a total amount of US$465 million.The project financing is provided by a consortium of international banks and institutional investors and includes partial insurance cover from China Export & Credit Insurance Corporation. The project financing will be drawn during... Continue Reading →

June 29, 2026 0

SBM Offshore says GranMorgu FPSO will be its largest unit to date

June 25 (oinow.gy) SBM Offshore says the GranMorgu floating production, storage and offloading (FPSO) unit will be the largest FPSO it has delivered to date, as construction advances in China for Suriname’s first offshore oil development. Pierre Gaté, Country Entry Manager for SBM Offshore Suriname, provided the update on day 2 of the Suriname Energy,... Continue Reading →

June 25, 2026 0

MODEC to Supply Mooring System for Coral Norte FLNG off Mozambique

June 25 (OE) Japanese offshore services company MODEC has secured a contract to supply a SOFEC internal turret mooring system for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique, being developed by Eni and its partners. MODEC is collaborating with the Technip Energies-JGC joint venture on the project to support integration and... Continue Reading →

June 25, 2026 0

Baker Hughes to Supply Subsea Systems Azule Energy’s Field off Angola

June 25 (OE) Baker Hughes has secured a significant contract award from Azule Energy to supply subsea production systems for the Greater PAJ development offshore Angola. Under the agreement, Baker Hughes will provide deepwater horizontal tree systems for the ultra-deepwater greenfield project, as well as subsea control modules, intervention workover control systems and associated connection,... Continue Reading →

June 25, 2026 0

Category: Deepwater

Cade approves Petrobras’ entry into the Itaimbezinho block, reinforcing natural gas strategy in the Campos Basin

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

Buzios Field surpasses 1.2 million barrels of oil pre day, new record just 3 days after reaching 1.1 barrels

Tenaris Opens Suriname Service Center to Support GranMorgu Offshore Project

DOF vessel lined up for three-year subsea contract in Stabroek Block

MODEC Sends Brazil FPSO to Denmark for Recycling After 17 Years in Operation

SBM Offshore completes US$465 million financing of FSO Chalchi

SBM Offshore says GranMorgu FPSO will be its largest unit to date

MODEC to Supply Mooring System for Coral Norte FLNG off Mozambique

Baker Hughes to Supply Subsea Systems Azule Energy’s Field off Angola

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