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May 20 (offshore-energy.biz) French provider of tubular solutions Vallourec has secured two additional line pipe orders from ExxonMobil Guyana Limited (EMGL) for delivery to the Stabroek Block, under the long-term agreement the companies signed in 2021. The combined scope includes the supply of over 145 kilometers of coated line pipe for EMGL’s deepwater Hammerhead and Longtail... Continue Reading →
May 19, (oilnow.gy) Staatsolie secured more than US$2 billion in financing in 2025 to fund its 20% participation in Suriname’s GranMorgu offshore oil development, according to Managing Director Annand Jagesar. In a message published in the company’s 2025 Annual Report released on May 15, Jagesar said Staatsolie raised US$516 million through the Staatsolie Bond 2025-2033 and secured... Continue Reading →
May 15 - Petrobras has decided to develop the Aram discovery in the pre-salt layer of the Santos Basin, said Petrobras president Magda Chambriard this Friday (15). The company expects to have at least two producing wells by 2030, said the executive, in a press conference to discuss the company's investments in the state of... Continue Reading →
May 14 (OE) ABL Energy & Marine Consultants Brasil has been appointed marine warranty surveyor (MWS) for Subsea7’s transportation and installation campaign covering SURF infrastructure for the Mero 3 and Mero 4 offshore developments in Brazil’s Santos Basin. The scope covers subsea pipelines and associated subsea risers and flowlines infrastructure linked to the Mero 3... Continue Reading →
May 13 (oilnow.gy) ExxonMobil Guyana is evaluating discoveries in offshore waters approaching 3,000 meters deep as the company moves beyond the large oil projects that drove the first phase of development in the Stabroek Block. ExxonMobil Guyana Development Manager Kyle Countryman discussed the deeper-water prospects during a panel session at the Offshore Technology Conference (OTC)... Continue Reading →
May 11 (OE) New Wave Offshore Energy has been selected by Shell to provide marine warranty survey services for the Orca project in Brazil’s pre-salt Santos Basin. The contract covers marine warranty and assurance services for the offshore development, which is estimated to contain recoverable resources of about 370 million barrels. New Wave Offshore’s scope... Continue Reading →
May 7 (Reuters) Dutch floating production specialist SBM Offshore raised its 2026 revenue guidance on Thursday after first-quarter directional revenue more than tripled, driven mainly by its turnkey business and the sale of One Guyana. The company sold One Guyana, a floating production, storage and offloading vessel (FPSO), to ExxonMobil in February for $2.3 billion.... Continue Reading →
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 April 2026. Potiguar – The Company has been gradually resuming operations at the facilities that were suspended in October 2025 following an audit conducted by the ANP. The increase... Continue Reading →
May 5, 2026 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3) announces its earnings for the first quarter of 2026. HIGHLIGHTS OF THE PERIOD Click here for the Earnings Release.
May 6 (OE) Baker Hughes and thermoplastic composite pipe manufacturer Strohm have signed an agreement to jointly develop a hybrid flexible pipe for ultradeepwater flowline and riser applications. The companies said the new solution is aimed at offshore projects in water depths exceeding 3,000 metres, as operators seek lower-cost and lower-risk technologies for deepwater developments.... Continue Reading →
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