BRAVA ENERGIA S.A. (“BRAVA” or "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, in relation to the news published in the media on January 6, 2025, in the “Economic Radar” column of “Veja Negócios” entitled “Brava Energia doubles production with surprise in the Atlanta Field”, clarifies to its investors and the market in general... Continue Reading →
SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts
(offshore-energy.biz) With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, the Netherlands-headquartered SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are anticipated to be... Continue Reading →
Suriname oil development could be most expensive to date in Guyana Basin
(oilnow.gy) Staatsolie said Suriname’s first oil development in the shared basin could cost US$13.2 billion. This would represent the highest development expense for such a project, costing more than any of the six projects already sanctioned for nearby Guyana in the same basin. TotalEnergies, the operator for the Gran Morgu project, had said the project’s estimated cost is... Continue Reading →
Harnessing cutting-edge technologies to shape next-generation FPSO future
(offshore-energy.biz) The global offshore energy industry’s floating production solutions have come a long way from their humble beginnings and seem to be poised to continue their evolution driven by the need to tap deeper into challenging offshore environments buttressed by growing energy demand, rising security of supply concerns, and increasing climate change prompts to pivot... Continue Reading →
Brava Energia – Start of the FPSO Atlanta production
BRAVA ENERGIA S.A. (“BRAVA” or "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, in sequence of the Material Fact disclosed on December 30, 2024 regarding the authorization of the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) for the start of operations of the FPSO Atlanta (Definitive System), informs its investors and the... Continue Reading →
Hull for Guyana’s Jaguar FPSO arrives at Singapore yard
(oilnow.gy) SBM Offshore said the multi-purpose floater (MPF) 5 has arrived at the Seatrium yard in Singapore. The hull is the base vessel for the Jaguar floating production, storage and offloading (FPSO) vessel bound for Guyana. With the hull’s safe arrival in Singapore from the SWS shipyard in Shanghai, the initial focus will be on... Continue Reading →
Petrobras informs about termination of divestment contract for Uruguá and Tambaú fields
Petróleo Brasileiro S.A. - Petrobras, following up on the communications of September 8, 2021, October 27, 2021, March 29, 2023 and December 21, 2023, and as a result of the failure to complete the acquisition of FPSO Cidade de Santos by Enauta Energia S.A. (according to the decision communicated by that company on July 1,... Continue Reading →
FPSO Destiny Purchase by ExxonMobil Guyana Completed
SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO Liza Destiny, ahead of the maximum lease term, which would have expired in December 2029. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate... Continue Reading →
OceanPact signs R$697 million contract to charter support vessel to Petrobras
(PN) OceanPact announced a new R$697 million contract with Petrobras, for a period of four years, for the charter of the Ilha do Mosqueiro vessel, an OTSV (Offshore Terminal Support Vessel). The vessel will be used for the maintenance of offloading hoses on platform ships (FPSO) and oil tankers (FSO), with high-capacity winches and cranes,... Continue Reading →
FPSO Alexandre de Gusmão Leaves China on Its Way to Brazil for the Mero Field
The FPSO (Floating Production, Storage, and Offloading Unit) Alexandre de Gusmão left China today, December 16, heading towards the Mero oil field in the pre-salt layer of the Santos Basin. The platform, leased by Petrobras in partnership with SBM, can produce 180,000 barrels of oil per day and compresses 12 million cubic meters of gas... Continue Reading →