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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 →
Oct. 13 (oilprice.com) Guyana, one of the world's newest oil exporters, is poised to surpass one million barrels per day in crude oil exports for the first time this December, marking another extraordinary milestone for the small South American country. According to Bloomberg, December's preliminary loading schedule includes 33 million barrels of crude exports, equivalent... Continue Reading →
October 13, 2026 – Petróleo Brasileiro S.A - Petrobras, further to the press release issued on May 4, 2026, informs that it has signed with Shell, TotalEnergies and Petrogal, partners in the BM‑S‑11A Consortium, the Cost and Volume Balancing Agreements (Acordos de Equalização de Gastos e Volumes – AEGVs) for Berbigão, Sururu and the Shared... Continue Reading →
Oct. 9 - TechnipFMC has secured a contract with Petrobras to supply flexible pipeline systems for offshore projects in Brazil. The agreement, won following a competitive bidding process, involves developing solutions for various pre-salt fields. Classified by TechnipFMC as "significant," the contract is valued between US$ 75 million and US$ 250 million. The company booked... Continue Reading →
Oct. 8 (OE) EnerMech has secured a contract by Subsea7 to provide pipeline and subsea pre-commissioning services for the Ginger offshore development project in Trinidad and Tobago. The contract covers testing, flushing, hydrotesting, water filling, leak testing and commissioning support activities to prepare the project's subsea production system for operation. The scope will support both... Continue Reading →
Oct. 8 (OE) Rockhopper Exploration has agreed to invest $44 million to acquire a 35% interest in the OSX-1 floating production, storage and offloading (FPSO) vessel, which is planned for the accelerated development of the Sea Lion oil field in the North Falkland Basin. The company has entered into a subscription agreement to acquire ordinary... Continue Reading →
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 →
Oct. 7 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of September 2026. Potiguar – The gradual production recovery continues to advance, driven by higher steam injection volumes. Papa-Terra – The PPT-52 well, part of the Company's... Continue Reading →
October 5, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of September. Key:(1) At the Frade Field, the new producing well, MUP7, came online on September 5, with initial production of 5,000 barrels of oil per day.(2) Production... Continue Reading →
Oct. 5 (oilprice.com) Indian state-owned refiner Bharat Petroleum Corporation Limited (BPCL) prepares to issue a $3-billion bond to finance its share of a major offshore oil development in Brazil, as Indian companies move to expand in international upstream to secure crude oil supplies. BPCL, India’s second-largest state-controlled oil refiner, expects to raise the sum via... Continue Reading →
