March 25 (offshore-energy.biz) As the industry’s shift from automation-assisted drilling to repeatable, scalable well construction automation continues, the U.S.-headquartered oilfield services player Halliburton has tucked a new milestone under its belt by pooling resources with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team to advance digital well construction off the coast of Guyana. The... Continue Reading →
PRIO – Wahoo Field Start-Up
March 19, 2026 - PRIO S.A. (the “Company” or “PRIO”) (B3: PRIO3), in compliance with best corporate governance practices, hereby informs its shareholders and the market in general that it has opened the first producing well at the Wahoo Field. Following production stabilization and completion of fiscal metering procedures, the Company will release a further... Continue Reading →
Baker Hughes lands five-year job with Petrobras in Brazil
March 18 (offshore-energy.biz) U.S.-headquartered energy technology giant Baker Hughes has won a multi-year deal with Brazil’s state-owned energy giant Petrobras to support critical turbomachinery equipment for the South American country’s offshore and refinery operations. The 60-month service award, for which an agreement was signed in February 2026 with Petrobras following an open tender process, will... Continue Reading →
ExxonMobil’s Longtail FPSO specs cater for higher production
March 17 (oilnow.gy) Design specifications for the floating production vessel planned for ExxonMobil’s proposed Longtail project in Guyana allow for higher production, according to the environmental impact assessment (EIA) report submitted by ExxonMobil. This could facilitate increased hydrocarbon production once initial levels are safely achieved. The executive summary of the EIA report outlines key operating... Continue Reading →
X1 Wind Gets DNV Certification for Floating Wind Platform Design
March 10 (OE) X1 Wind has received a Statement of Compliance for the basic design of its X100 floating offshore wind platform from classification society DNV, marking a key milestone in the development of the company’s floating wind technology. The certification confirms that the X100 platform meets international engineering and safety standards under the DNV-SE-0442... Continue Reading →
Equinor Completes Lifting of Raia FPSO Modules
March 30 - Equinor has reached a significant milestone in the construction of the Raia FPSO (BM-C-33 project) with the completion of the lifting of modules at the Seatrium Angra dos Reis shipyard (formerly BrasFELS). In November 2025, the modules manufactured in Brazil were completed and shipped to Singapore, where they will be integrated into... Continue Reading →
Petrobras Awards Acteon Mooring Services Contract
Feb. 26 (OE) Intermoor, Acteon’s Moorings and Anchors business been awarded a new contract by Petrobras for the provision of stack-up mooring system services in Brazil. This work will support light-workover interventions and abandonment operations on installed subsea Christmas trees across both anchored and dynamically positioned mobile offshore drilling units (MODUs) and well intervention vessels (WIVs).... Continue Reading →
Saipem Eyes Comeback in Venezuela as Sanctions Ease
Feb. 25 (Reuters) Italian oil contractor Saipem is ready to resume activities in Venezuela for both offshore and onshore projects after the easing of U.S. sanctions, Chief Executive Alessandro Puliti said on Wednesday. "Things in Venezuela are changing very quickly. It's a country where we worked a lot in the past, and we are ready... Continue Reading →
Brava Energia Wins OTC Distinguished Achievement Award
Feb. 25 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), communicates its investors and the market in general that received the industry's top O&G award and reaches a level of worldwide excellence. For the first time, an independent Brazilian company wins the OTC Distinguished Achievement Award for Companies. The achievement stems from the development... Continue Reading →
Saipem Confirms Growth Trajectory
Feb. 25 (OE) Saipem has released its preliminary results for the fourth quarter and financial year 2025, confirming, for the fourth consecutive year, the trajectory of growth and improvement in profitability together with a further acceleration in cash generation. Revenue stood at €15.5 billion in 2025, a growth of 6.5% compared to the previous year,... Continue Reading →