Category: Subsea

Guyana: The 13-kilometer link giving Hammerhead gas three potential destinations

Aug. 12 (oilnow.gy) Guyana’s Hammerhead development, the country’s seventh sanctioned offshore oil project, is expected to begin production in 2029 with capacity of about 150,000 barrels of oil per day (b/d).  Its associated gas could first fuel Hammerhead’s own operations, with remaining volumes potentially sent through the Gas-to-Energy (GtE) pipeline to shore, connected to future infrastructure... Continue Reading →

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Proserv Accelerates Growth in Brazil Energy Sector Through Strategic Localisation

Aug. 11 - Aberdeen-headquartered Proserv, a global leader in controls technology, is accelerating its international growth with a strategic push into Brazil’s dynamic energy market; bringing proven expertise and high-value solutions directly to oil and gas operators seeking to optimize performance, reliability, and efficiency. This localisation marks a significant milestone in Proserv’s international growth strategy,... Continue Reading →

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Intermoor Secures Third Petrobras Services Contract

Aug. 10 (OE) Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a new contract by Petrobras for the provision of inspection, preservation, maintenance, and operational readiness services for subsea interconnection, mooring and anchoring materials. This award marks the third contract secured by Intermoor from Petrobras in less than a year. Under the scope... Continue Reading →

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TechnipFMC Delivers Critical Equipment for Suriname Project

Aug. 9 (OE) The GranMorgu Project offshore of Suriname continues to make strong progress, reports TechnipFMC, with the delivery of critical subsea equipment supporting the next phase of execution. “The departure of the first drilling equipment and the successful installation of key FPSO connection components demonstrate the impact of early collaboration, standardized engineering and disciplined... Continue Reading →

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This Megaproject Could Keep Brazil’s Oil Boom Running Deep Into The 2030’s

Aug. 7 (oilprice.com) BP’s Bumerangue discovery is more than another giant Brazilian oil find: it could become the project that keeps both BP’s upstream portfolio and Brazil’s production boom alive well into the 2030s. With an estimated 2.5 billion barrels potentially recoverable and peak output that could reach 600,000 b/d, the ultra-deepwater development is large enough to... Continue Reading →

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Intermoor secures new Petrobras contract for mooring and subsea asset services in Brazil

4th August 2026: Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a new contract by Petrobras for the provision of inspection, preservation, maintenance, and operational readiness services for subsea interconnection, mooring and anchoring materials. This award marks the third contract secured by Intermoor from Petrobras in less than a year, reinforcing a long-standing... Continue Reading →

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TechnipFMC reports another strong Q2 2026 on US$2.5B in subsea orders

July 31 (oilnow.gy) TechnipFMC reported “strong” second-quarter 2026 results on July 30, driven by US$2.5 billion in subsea orders and higher project activity across its offshore business. The company recorded total revenue of US$2.76 billion during the quarter. Net income attributable to TechnipFMC reached US$362.7 million, while adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization... Continue Reading →

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