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Brazilian oil and gas company Brava Energia has connected two more wells at Atlanta field to the floating, production storage, and offloading (FPSO) unit, operating off Brazil, with the peak production expected to be reached in the coming months. The wells 2H and 3H have been connected to the Atlanta FPSO during the second week... Continue Reading →
(Reuters) - Top oilfield services firm SLB narrowly beat Wall Street expectations for second-quarter profit on Friday, as resilient demand in parts of its international business helped offset drilling slowdown in North America, Mexico and Saudi Arabia. SLB, the first of the Big Three U.S. oilfield services provider to report quarterly results, had previously flagged weaker drilling activity... Continue Reading →
(Reuters) - Chevron can quickly proceed with its $53 billion acquisition of Hess (HES.N), opens new tab, after winning a landmark legal battle against larger rival Exxon Mobil, gaining access to the largest oil discovery in decades. Chevron CEO Mike Wirth's strategy to turn around his company's lagging performance hinges on the acquisition, one of the largest energy deals in the past decade.... Continue Reading →
(Reuters) - Brazilian state-run oil firm Petrobras may redirect the oil it sells to the United States, sending more to Asia and Pacific markets due to higher tariffs the U.S. announced on Brazil, its chief executive told Reuters on Thursday. Although oil and gas exports make up a hefty share of Brazil's exports to the United... Continue Reading →
(Zack's) Brazil’s state-run oil giant Petróleo Brasileiro S.A. - Petrobras PBR is ramping up its offshore operations with a significant call for bids. The company has launched an open tender for 11 walk-to-work (W2W) vessels, aimed at enhancing accessibility and efficiency in offshore platforms. These tenders, split into three separate calls, reflect the company’s growing offshore ambitions... Continue Reading →
(offshore-energy.biz) Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has tucked a new construction milestone under its belt for a floating production, storage, and offloading (FPSO) unit destined for a sixth deepwater oil development project, operated by ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, at... Continue Reading →
(OE) MODEC has entered into a contract with Eld Energy, a Norwegian fuel cell system company, to design and manufacture a solid oxide fuel cell (SOFC) system pilot unit intended for installation on one of the MODEC-operated floating production, storage and offloading (FPSO) units. In February 2025, MODEC awarded a feasibility study contract to Eld... Continue Reading →
(OE) Strohm, a thermoplastic composite pipe (TCP) solutions specialist, has completed the first field trials with Petrobras for its TCP pipe design offshore Brazil, at water depths of approximately 1,500 meters. The testing and engineering assessments, which were conducted in the Campos Basin in June, have demonstrated the pipe’s performance under real-world conditions as well... Continue Reading →
(PN) The Brazilian Environmental Institute (IBAMA) has granted Norwegian company Equinor the Installation License for the offshore section of the Raia Project gas pipeline, located in the Campos Basin. With the authorization, the company is now beginning work on installing the offshore gas pipeline, which will connect the FPSO Raia to the Cabiúnas unit in... Continue Reading →
(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has secured a contract with an affiliate of U.S. energy major ExxonMobil to provide remotely operated vehicle (ROV) services and integrated solutions at an offshore block in Angola. Oceaneering Angola and Oceaneering Marine Technologies have been awarded a contract by Esso Exploration Angola (Block 15)... Continue Reading →
