Sept. 18 (TN) SwissDrones, a provider of advanced aerial intelligence solutions specializing in long-range unmanned helicopter systems, and Omni Unmanned, a leading air transport company serving the oil sector and part of the Omni Helicopters International (OHI) group, recently completed an offshore Proof of Concept test for an energy company in Brazil. The test included... Continue Reading →
South America’s Top 3 Fastest-Growing Oil Producers
Brazil's oil production growth is primarily driven by massive investments from Petrobras in prolific pre-salt offshore oilfields, aiming for 5 million barrels per day by 2030. Argentina has become a leading South American oil producer, with significant growth stemming from the successful exploitation of the vast Vaca Muerta shale formation. Guyana's oil production is surging... Continue Reading →
Deepwater frontiers calling: Yinson Production’s FPSO hull design with low-carbon kit wins DNV’s blessing
Sept. 18 (offshore-energy.biz) Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has unveiled a purpose-built floating production storage and offloading (FPSO) hull design, which has secured main scantling approval (MSA) from DNV, a Norwegian classification society. This purpose-built FPSO hull design, equipped with a low-carbon toolset, enables the Malaysian giant... Continue Reading →
Trinidad and Tobago Gets Bids for Only Four Out of 26 Oil and Gas Blocks
Sept. 18 (Reuters) An auction of deepwater oil and gas exploration and production blocks in Trinidad and Tobago has failed to attract significant interest from foreign investors, with bids submitted for just four of the 26 areas on offer. The bidding round closed on Wednesday with bids from China's CNOOC for three areas and a... Continue Reading →
IBAMA Issuing Preliminary License for Stage 4 of Santos Basin Pre-Salt Development
Sept. 17 (PN) This week, Petrobras received a preliminary license from the Brazilian Institute of the Environment (IBAMA) for Stage 4 of the Santos Basin. The project aims to further expand the production and transportation of oil and natural gas from the pre-salt layer. The project involves the installation and operation of 10 platform ships,... Continue Reading →
PRIO Announces Installation License for Wahoo Field
September 15, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best corporate governance practices, informs its shareholders and the market in general that, on this date, the Brazilian Institute of the Environment and Natural Renewable Resources (“Ibama”) has granted the Installation License (“LI”) of the Wahoo Field Production Development System and interconnection of... Continue Reading →
Tenaris to supply 115 km of seamless pipe for FPSO P-83 production system
Sept. 15 (PN) Tenaris announced the award of a contract to supply 18,000 tons (115 km) of seamless pipe for risers and flowlines for the FPSO P-83 (Búzios 11) production system. The agreement also includes the delivery of TenarisShawcor thermal insulation coatings. The seamless pipes will be produced at Tenaris' manufacturing center in Dalmine, Italy.... Continue Reading →
Wison pools resources with Siemens Energy on FLNG and FPSO projects
Sept. 10 (offshore-energy.biz) China-based provider of clean energy services Wison New Energies (WNE) has joined forces with Siemens Energy to embark on a new chapter of cooperation in sustainable offshore energy development, primarily within floating liquefied natural gas (FLNG) and floating production, storage, and offloading (FPSO) projects. Thanks to a strategic memorandum of understanding (MoU),... Continue Reading →
ABS Approves MODEC’s Offshore LCO2 Storage and Injection Unit
Sept. 9 (OE) ABS has granted approval in principle to a liquefied carbon dioxide (LCO2) floating storage and injection unit (FSIU) designed by MODEC in collaboration with Mitsui OSK Lines (MOL). Tailored to the growing demands of the global carbon capture, utilization and storage (CCUS) value chain, the design eliminates the need for onshore facilities,... Continue Reading →
BW Energy Secures Maromba FPSO Funding, Signs Rig Lease for Brazil Field
Sept. 9 (OE) BW Energy has completed a $365 million project finance facility to fund the refurbishment and redeployment of the Maromba floating production, storage and offloading vessel (FPSO) to Brazil’s Maromba field. The loan, backed by China Export & Credit Insurance Corporation (Sinosure), was significantly oversubscribed and will cover around 80% of total project... Continue Reading →