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Sept. 23 (PN) Equinor has completed the 15-km shallow-water section of the Raia Gas Pipeline. The 200-kilometer line will connect the Raia FPSO to the gas transmission network near Cabiúnas, in Macaé, Rio de Janeiro. Operations are scheduled to begin in 2028. Installation of the shallow-water section took approximately two months. In the next stage,... Continue Reading →
Aug. 28 (Reuters) Singapore's Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for a S$68.4 million ($53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday. In 2023, Seatrium had made provisions worth S$82.4 million to pay Keppel against claims related to the crackdown, named Operation Car Wash. Seatrium... Continue Reading →
Aug. 27 (OE) Seatrium has secured a contract from Golar Hilli Corporation, a subsidiary of Golar LNG, to perform the upgrading of floating liquefied natural gas (FLNG) unit Hilli Episeyo. Scheduled to enter the yard in the third quarter of 2026, the project involves technical modifications for FLNG Hilli Episeyo’s redeployment. The scope of work... Continue Reading →
Aug. 20 (Reuters) Brazil's Transpetro, the logistics subsidiary of state-run oil firm Petrobras, is set to relaunch a tender for building barges after low interest in a May bidding process, Transpetro Chief Executive Sergio Bacci said on Tuesday. In May the firm put up the tender for the four barges intended for fuel transportation operations,... Continue Reading →
(offshore-energy.biz) Talks about a potential business combination between Malaysia’s Bumi Armada and the offshore segment of the compatriot shipping giant MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services, have come to nought. A few months ago, Bumi Armada revealed that the due diligence exercise with MISC was... Continue Reading →
Aug.14 (OE) Golar LNG Limited cemented its position as one of the most active players in the floating LNG (FLNG) market, announcing Q2 2025 results alongside major long-term contracts that add $13.7 billion to its Adjusted EBITDA backlog. The new deals—both with Argentina’s Southern Energy S.A. (SESA)—cover redeployment of the FLNG Hilli and the company’s... Continue Reading →
(OE) Southern Energy S.A. (SESA), a company formed to enable LNG exports from Argentina, has reached final investment decision (FID) for the charter of 3.5MTPA MK II floating LNG (FLNG) from Golar LNG. The key commercial terms for the 20-year charter agreement include net charter hire to Golar of $400 million per year, plus a... Continue Reading →
(offshore-energy.biz) Norway-headquartered asset integrity management company Axess Group has won contracts with Singapore’s Seatrium to secure compliance with Brazilian standards for six floating production storage and offloading (FPSO) units set to work with Brazil’s state-owned energy giant Petrobras. The Norwegian player disclosed that it will assist Seatrium with Brazilian Regulatory Compliance (BRC) services for six... Continue Reading →
(offshoreWIND.biz) Europe needs to invest an extra EUR 6.4 billion in port facilities and new vessels to reach its offshore wind energy goals, according to WindEurope. Currently, Europe can install and maintain about 10 GW of offshore wind annually, enough to meet its 2030 energy security targets, but after 2030, this capacity must rise to... Continue Reading →
(offshore-energy.biz) Japan’s MODEC has delivered a structure that will form part of a floating production storage and offloading (FPSO) unit to be deployed to a project offshore Guyana operated by ExxonMobil, a U.S.-headquartered oil and gas giant. As reported by the Japanese player, the topsides modules for FPSO Errea Wittu arrived at the BOMESC yard in Tianjin, China. The... Continue Reading →
Brazil Energy Insight 