Sept. 2 (oilnow.gy) TechnipFMC has reached delivery readiness for its 200th subsea tree for offshore projects in Guyana. The company announced the milestone on September 1. It credited the expertise and collaboration of its team for supporting ExxonMobil Guyana’s offshore developments. “Recently, we reached a major milestone with the manufacturing and delivery readiness of the 200th subsea... Continue Reading →
Everllence’s 175D Engines to Power Four Offshore Tugs Destined for Guyana
Aug. 20 (OE) Everllence has signed a contract with a Turkish shipyard within the high-speed segment. The contract comprises 16 × 175D gensets bound for 4 × Rampage 6000‑DE offshore terminal tugs designed by Robert Allen. These will be operated by Smit Lamnalco, a Boskalis company, in Guyana, South America to support an FPSO fleet... Continue Reading →
SLB, Formentera working to activate drilling rigs in Venezuela, executives say
Aug 19 (Reuters) - Oil service provider SLB and private equity firm Formentera Partners are working to either reactivate oil rigs in Venezuela or import additional rigs into the country in the coming months, executives from both firms said on Wednesday during a conference in Houston. Energy-focused Formentera is in discussions with international service providers to... Continue Reading →
Siemens Energy signs contract to supply equipment to Petrobras
Aug.10 (cnnbrasil) German equipment manufacturer Siemens Energy has signed a contract with the Dutch company SBM Offshore to supply power generation and gas compression systems. These systems will be installed on the P-81 and P-87 platforms, which are destined for Petrobras projects in the Sergipe-Alagoas Basin. The value of the contract was not disclosed. In... Continue Reading →
How Engineers Are Reinventing the Wind Turbine
Aug. 9 (oilprice.com) To accelerate the global green transition, several energy companies are developing more durable and efficient renewable energy equipment, such as wind turbines and solar panels. This has been hugely successful in recent decades, with the creation of larger, stronger wind turbines and more efficient, resilient solar panels. As companies continue to improve... Continue Reading →
TechnipFMC Delivers Critical Equipment for Suriname Project
Aug. 9 (OE) The GranMorgu Project offshore of Suriname continues to make strong progress, reports TechnipFMC, with the delivery of critical subsea equipment supporting the next phase of execution. “The departure of the first drilling equipment and the successful installation of key FPSO connection components demonstrate the impact of early collaboration, standardized engineering and disciplined... Continue Reading →
Oil States to Supply Rigid Jumpers for the Buzios 10 Project
Aug. 7 (PN) Oil States do Brasil has signed a contract to manufacture and supply rigid jumpers for the Buzios 10 project, located in the pre-salt region of the Santos Basin. The equipment will be used in the field's subsea system and will operate in water depths ranging from 1,720 to 2,190 meters. The contract... Continue Reading →
Intermoor secures new Petrobras contract for mooring and subsea asset services in Brazil
4th August 2026: Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a new contract by Petrobras for the provision of inspection, preservation, maintenance, and operational readiness services for subsea interconnection, mooring and anchoring materials. This award marks the third contract secured by Intermoor from Petrobras in less than a year, reinforcing a long-standing... Continue Reading →
Huisman to Deliver Equipment for Solstad-SBM Offshore Installation Vessel
Aug. 3 (OE) Dutch lifting equipment specialist Huisman has secured a contract from CIMC Raffles Offshore to supply lifting and handling systems for a next-generation deepwater offshore installation vessel being built for a joint venture between Solstad Offshore and SBM Offshore. The contract covers an integrated equipment package comprising a 350-tonne A-frame, a 500-tonne knuckle... Continue Reading →
TechnipFMC reports another strong Q2 2026 on US$2.5B in subsea orders
July 31 (oilnow.gy) TechnipFMC reported “strong” second-quarter 2026 results on July 30, driven by US$2.5 billion in subsea orders and higher project activity across its offshore business. The company recorded total revenue of US$2.76 billion during the quarter. Net income attributable to TechnipFMC reached US$362.7 million, while adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization... Continue Reading →