Brought to you by Quest Offshore & Southern Cone Consultants
(offshore-energy.biz) OneSubsea has delivered the 21st and final subsea tree for Petrobras’ Búzios project in Brazil, said to be the largest deepwater oil and gas field in the world, concluding a four-year journey for the project. OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, announced today, June 23, the completion of the... Continue Reading →
SBM Offshore announces that it has signed an operations and maintenance contract with TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies, for the FPSO GranMorgu, as part of the field development project located in Block 58 in Suriname. The operations and maintenance contract covers the operation readiness phase before first oil as well as the... Continue Reading →
(Reuters) - Suriname's state energy company Staatsolie and an affiliate of Malaysia's oil firm Petronas on Tuesday signed a production-sharing contract for exploring and developing an offshore oil and gas block, Staatsolie said in a release. Suriname is on track to inaugurate offshore crude and natural gas output soon after foreign companies including TotalEnergies, APA and Petronas have... Continue Reading →
(OE) Malaysian FPSO leasing firm Yinson Production has closed of the previously announced $1 billion investment from a consortium of global investor to further drive its business growth. The funding was secured through a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), and funds managed by British Columbia Investment Management Corporation (BCI), and... Continue Reading →
(OE) MODEC has renewed its joint research and development (R&D) agreement with Terra Drone for the non-destructive internal inspection of crude oil storage tanks on floating production, storage, and offloading systems (FPSOs) using Terra UT drones. The renewed agreement builds upon the joint R&D contract signed by the companies in 2024, following significant achievements in improving... Continue Reading →
(OE) TechnipFMC and Petrobras have agreed to test and monitor a new electric actuation technology that is set to join the TechnipFMC eSolutions portfolio of electrical subsea systems. Scheduled for integration into a subsea tree planned for installation in 2026, the technology leverages both companies’ strengths to push the boundaries of subsea innovation. Through the... Continue Reading →
(offshore-energy.biz) TotalEnergies and its partners have signed an extension of the production sharing contract (PSC) for a block offshore Angola. The extension refers to Block 17, described as one of the country’s most prolific offshore oil exploration blocks and one of the first deep-offshore blocks to be licensed in Angola. The license is operated by TotalEnergies with Equinor, ExxonMobil, Azule... Continue Reading →
( offshre-energy.biz) The construction of topside modules for a floating production storage and offloading (FPSO) unit set to work at a field in Brazil’s Santos Basin with the state-owned energy giant Petrobras has started at Seatrium’s shipyard in Angra, Brazil, formerly known as BrasFels. Based on a social media post by Petrobras’ CEO Renata Baruzzi, the... Continue Reading →
(OE) FourPhase, a solids and production performance specialist for the oil and gas industry, has secured a master service agreement (MSA) with Shell Trinidad and Tobago, for work on its topside offshore oil and gas platforms in the Caribbean. The MSA involves sand management and production optimization. FourPhase also signed two other contracts in the... Continue Reading →
(Reuters) The first crude cargo from Guyana's fourth oil production facility, which arrived in the country in April and is being installed, is set to be exported between late August and early September, the government told Reuters on Tuesday. A consortium by U.S. companies Exxon Mobil XOM.N and Hess HES.N and China's CNOOC 600938.SS controls... Continue Reading →
Brazil Energy Insight 