Sept. 26 (offshore-energy.biz) Norway’s vessel owner DOF Group has secured three assignments off the coast of Brazil, enabling it to undertake subsea inspections of underwater facilities operated by Petrobras, the South American country’s state-owned oil and gas giant. The award of three service contracts, which follows a competitive tender process, will enable DOF to execute subsea... Continue Reading →
Saipem Gets Go-Ahead for ExxonMobil’s Hammerhead Job off Guyana
Sept. 26 (OE) Italian offshore energy services firm Saipem has received the authorization to proceed with the execution of activities related to the engineering, procurement, construction and installation (EPCI) contract for the development of ExxonMobil's Hammerhead oil field, offshore Guyana. The contract with ExxonMobil Guyana, valued approximately $500 million, entails the EPCI work for subsea,... Continue Reading →
SLB Scores Ultra-Deepwater Job at Petrobras’ Fields off Brazil
Sept. 25 (OE) Global technology company SLB has secured a major contract from Petrobras to provide services and technology for up to 35 ultra-deepwater wells in the strategically important Santos Basin. The wells, which are part of the second development of the Atapu and Sépia fields, target massive pockets of oil and gas beneath thick... Continue Reading →
TechnipFMC and Petrobras strengthen ties with new contract for subsea production systems
Sept. 24 (offshore-energy.biz) TechnipFMC has secured a contract defined as significant, meaning it is worth between $75 million and $250 million, with Brazilian oil & gas company Petrobras for the delivery of subsea production systems. Following a competitive tendering process, TechnipFMC has been selected to design, engineer, and manufacture subsea production systems to be deployed in an... Continue Reading →
Oil firms ask Brazil antitrust watchdog to intervene in Subsea7–Saipem merger
Sept 23 (Reuters) - Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show. In filings submitted on Thursday, the firms said the merger between Norway's Subsea7 and Italy's Saipem would bring a level of concentration... Continue Reading →
FET Unveils New ROV Control System
Sept. 22 (OE) Forum Energy Technologies (FET) has launched its next generation remotely operated vehicle (ROV) control system – ICE Unity. In what is a significant leap forward for ROV control technology, the introduction of ICE Unity meets the increasing sector demand for data and control access from outside the core control system. Key features... Continue Reading →
Fugro Scraps 2025 Outlook, Announces Job Cuts
Sept. 22 (Reuters) Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announced further job cuts, citing an impact from project delays, sending its shares lower. Shares in Fugro were down around 11% to their lowest since March 2022 at 0705 GMT. The company said that projects in the offshore wind and... Continue Reading →
OceanPact signs R$1Billion contract with Trident Energy to decommission three platforms
Sept. 17 (PN) OceanPact has signed a contract worth over R$1 billion with Trident Energy of Brazil to perform offshore decommissioning services under the EPRD (Engineering, Preparation, Recovery, and Final Disposal) model. The project covers the subsea infrastructure of the remaining production systems of the P-07, P-12, and P-15 platforms in the Campos Basin, with... Continue Reading →
Perenco Launches Reactivation Program for Two Mothballed Campos Basin Fields
Sept. 16 (OE) Perenco has started active field reactivation program for the Cherne and Bagre fields in Campos Basin, acquired from Petrobras earlier in 2025, helping meet the industry’s mature field challenges and unlocking in excess of 50 mmstb of reserves. The multi-dimensional, two-year, reactivation program was designed to be executed in three linked stages... Continue Reading →
PRIO Announces Installation License for Wahoo Field
September 15, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best corporate governance practices, informs its shareholders and the market in general that, on this date, the Brazilian Institute of the Environment and Natural Renewable Resources (“Ibama”) has granted the Installation License (“LI”) of the Wahoo Field Production Development System and interconnection of... Continue Reading →