Oct. 15 (offshore-energy.biz) Norway's TMC Compressors has been selected for the delivery of a compressed air system for a floating production, storage and offloading vessel (FPSO) that is currently being upgraded in China before deployment offshore Brazil for its third phase of life. The Maromba FPSO, formerly known as FPSO Polvo, is undergoing upgrades at... Continue Reading →
Oceanica Engenharia signs new four year diving contract with Petrobras
Oct. 9 - (splash247) Brazilian subsea services player Oceânica Engenharia has won a four-year contract worth around R$354m ($70m) from Petrobras. The new deal covers specialised offshore diving services and diverless operations using ROVs and associated subsea tooling. Oceânica said it could carry out work across up to four simultaneous service fronts, with operations expected... Continue Reading →
Framo Signs Record Pump Service Deal for Petrobras FPSO Fleet
Oct. 8 (OE) Framo has signed a four-year agreement with Petrobras to inspect and maintain pumping systems across the Brazilian energy company's fleet of about 30 floating production, storage and offloading (FPSO) units, in what the Norwegian pump manufacturer said was its largest service contract of its kind to date. The agreement covers inspection, maintenance... Continue Reading →
Is the West’s 100-Year Venezuela Oil Bet About To Backfire?
Oct. 6 (oilprice.com) Centuries ago, the untamed jungles of Venezuela’s Orinoco Basin helped power the myth of El Dorado, a city made entirely of gold. But for the new adventurers staking a claim in the country’s black gold instead, there is no myth involved, but rather the world’s largest crude oil reserves of 303 billion... Continue Reading →
Heavy-lift drones move nine tonnes during offshore wind campaign
Sept. 28 (splash247.com) Cargo drones have moved beyond short demonstrations into sustained offshore operations, with RWE and Ampelmann completing more than 250 drone flights during a six-week maintenance campaign at the Triton Knoll wind farm off the UK. More than nine tonnes of tools, spare parts and safety equipment were transported between a service operation... Continue Reading →
Electrical fault triggers oil output deferral and rig intervention plans at Karoon’s Brazilian field
Sept. 28 (offshore-energy.biz) Just three months after installing a brand-new electrical system to boost its flagship Brazilian offshore field, Karoon Energy, an ASX-listed international oil and gas exploration and production player, is heading back to the drawing board. After noting a fault on the monitoring system of the SPS-92 well at the Baúna field, Karoon... Continue Reading →
Venezuela’s Oil Comeback Could Cost More Than $100 Billion
Sept. 27 (oilprice.com) The Trump Administration is touting the new oil order in Venezuela as a tremendous opportunity for reviving the industry in the world’s biggest crude oil resource holder. The U.S.-led restructuring of the sector kicked out Russian and Chinese companies out of previously awarded concessions, and spurred a flurry of oil deals with... Continue Reading →
T12 Engineering Gets OWGP Funding for Floating Wind Mooring Tech
Sept. 8 (OE) T12 Engineering has secured funding from the Offshore Wind Growth Partnership (OWGP) to advance its Floating Mooring System (FMS), a technology designed to reduce the cost and complexity of maintaining floating offshore wind turbines. The latest project follows a Front-End Engineering Design (FEED) study supported by Scottish Enterprise in 2025, which confirmed... Continue Reading →
Oil States secures three year agreement with Petrobras for subsea services
Sept. 7 - Oil States Brasil has secured a new contract with Petrobras to provide specialized maintenance and technical assistance services for subsea equipment. The three-year agreement covers support for Petrobras's subsea operations as well as for the exploration and production (E&P) consortia in which the oil company participates. The scope encompasses activities such as... Continue Reading →
OceanPact Completes Acquisition of Dock Brasil Shipyard
Sept. 7 - On August 31, 2026, OceanPact—through its wholly-owned subsidiary Estaleiro Farol de São Tomé Ltda.—completed the acquisition of all outstanding shares of Dock Brasil Engenharia e Serviços S.A., a shipyard located in São Gonçalo, Rio de Janeiro. Following the fulfillment of all requisite corporate and regulatory steps, Dock Brasil has become part of... Continue Reading →