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July 16 (oilnow.gy) ExxonMobil’s planned Longtail development offshore Guyana is among the major projects expected to support stronger global subsea tree contract activity during the second half of 2026. Westwood Global Energy Group on July 15 identified Longtail as a key future source of demand as offshore operators advance large developments requiring subsea production equipment. Subsea... Continue Reading →
July 16 (Bloomberg) -- The US decision to hit Brazil with 25% tariffs renews a trade fight with President Luiz Inacio Lula da Silva's government just months ahead of elections, potentially influencing the outcome of a highly polarized race. While the Trump administration cited unfair trade practices for imposing tariffs on certain Brazilian goods from... Continue Reading →
July 16 (OE) STS joint venture, formed by SBM Offshore and Technip Energies, and TotalEnergies EP Suriname have signed an agreement with French company Beyond the Sea to evaluate wind-assisted kite traction towing for the GranMorgu floating production, storage and offloading (FPSO) vessel offshore Suriname. The partners will develop, install, test and operate a Wind... Continue Reading →
July 16 (OE) Gulf Marine Services (GMS) has secured a four-year charter for one of its self-elevating accommodation units to support offshore operations in Brazil, strengthening its presence in the Latin American market. The contract, signed with an international offshore accommodation services provider, comprises 1,461 days of firm charter. The vessel is scheduled to be... Continue Reading →
July 15 - The Raia project has reached another milestone in its development schedule with the completion of the installation of the 24 torpedo piles that make up the mooring system for the FPSO to be used at the field. Jhordann Barrera, the Raia project’s SURF (Subsea, Umbilicals, Risers, and Flowlines) offshore operations manager, stated... Continue Reading →
July 15 - Petrobras has extended the bid submission deadline for the Búzios 12 project FPSO ( P-91) by 180 days. The original deadline was September 9 of this year. Interested suppliers now have more time to prepare their offers, a move Petrobras believes will likely increase competition for the contract. The oil company chose... Continue Reading →
July 14 (Reuters) - Shell has begun tendering for drilling services for its Dragon offshore gas project in eastern Venezuela, part of a plan to drill four wells there beginning in the second quarter of 2027, according to two people familiar with the process. The contract is expected to be awarded by the end of September, the... Continue Reading →
July 14 (offshore-energy.biz) Norway-headquartered asset integrity management company Axess Group has picked up new assignments with Golar LNG, the Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, for two floating LNG (FLNG) units destined to be deployed at Argentina’s LNG project on the South American country’s Atlantic coast. Axess Group has been... Continue Reading →
July 14 - Karoon Energy announced the resumption of production from the PRA-2 well at the Baúna field following an intervention that restored the umbilical connection and power supply to the electric submersible pump (ESP). Consequently, total field production has reached approximately 22,000 barrels per day, including a contribution of around 8,600 barrels per day... Continue Reading →
July 13 - Halliburton announced today (13) the signing of integrated contracts for well construction on the GranMorgu project—operated by TotalEnergies in the deep waters of Suriname. The agreement covers drilling and completion services for a long-term program and incorporates digital and automation solutions to enhance operational efficiency. "Securing these contracts demonstrates the value of... Continue Reading →
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