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Jan. 6 (oilnow.gy) Guyana’s Minister of Natural Resources, Vickram Bharrat, has assured that offshore oil and gas exploration activities continue without a hitch. The assurance comes amid heightened geopolitical tensions in the region following the capture of Venezuelan President Nicolás Maduro by U.S. military forces over the weekend. Bharrat confirmed to OilNOW on January 4... Continue Reading →
Jan. 5 - M&O has entered a new strategic partnership with Enaimco, a Canadian technology provider offering an advanced SaaS platform designed to optimize subsea operations across the full asset lifecycle—from construction to abandonment. The Enaimco Platform bridges the gap between historical records and active operations to establish a Verified Point of Truth for streamlining... Continue Reading →
Jan. 3 (oilprice.com) Suriname’s government, in the capital Paramaribo, has been hungrily eyeing neighboring Guyana’s massive world-class oil boom since before the 2020 pandemic. Both impoverished South American nations of less than one million share the Guyana Suriname Basin. The offshore basin is delivering an oil boom that is exceeding all expectations, making Guyana, based... Continue Reading →
Jan. 2, 2026 - Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the Búzios field, in the pre-salt layer of the Santos Basin, this Wednesday, December 31. Búzios 6 (P-78) has the capacity to produce 180,000 barrels of oil and 7.2 million m³ of gas per day. The... Continue Reading →
Dec. 31 - Petrobras has postponed the deadline for receiving bids in the tender for chartering AHTS (Anchor Handling Tug Supply) vessels to the end of January 2026.This measure is part of a set of adjustments to the state-owned company's contracting schedule for the offshore sector, aiming to allow the market and Brazilian Shipping Companies... Continue Reading →
Jesper Skjong, Contributor Dec. 20 (OE) Throughout 2025 we have seen the subsea vessel market transitioning from a period of record highs towards a more cautious, but still fundamentally strong, outlook. While short-term activity and rates have softened in the latter part of the year, long-term demand - driven by deepwater projects and global energy infrastructure-... Continue Reading →
Dec. 30 (OE) Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander. The contract was awarded following the same competitive tender process that led to six previous four-year RSV contracts announced earlier. The Skandi Commander will be equipped with both a... Continue Reading →
Dec. 29 (OE) Deep Value Driller has agreed with Saipem to extend the bareboat charter for its seventh-generation drillship Deep Value Driller and to prolong the period during which Saipem may exercise an option to buy the vessel. Under the amended agreement, the parties have agreed to a firm 31-day extension of the charter through... Continue Reading →
Dec. 29 (OE) Petronas has completed drilling of the Caiman-1 exploration well in Block 52 offshore Suriname, marking the first well in its four-well 2025–2026 drilling campaign in the block. The Caiman-1 well was spudded on July 21, 2025 and safely plugged and abandoned on December 6, 2025. The well delivered encouraging results and represents... Continue Reading →
Dec. 23 - OceanPact, which operates in maritime support, has signed another four-year contract with Petrobras, worth approximately R$ 500 million, for the chartering of the vessel Rochedo de São Paulo. The scope of the contract includes the handling and maintenance of offloading hoses – large hoses used in the transfer of oil between maritime... Continue Reading →
Brazil Energy Insight 