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Nov. 6 - The project to install a shipyard at Porto Central, currently under construction in Presidente Kennedy, in southern Espírito Santo, has made further progress. M.A.R.S. Europe A/S, the European subsidiary of M.A.R.S. Inc., has signed a new agreement with Porto Central to detail the project for the construction of a world-class shipyard in... Continue Reading →
Nov. 6 - DOF Group ASA's Q3 2025 earnings press release highlights strong performance with revenue of USD 501 million and EBITDA of USD 205 million. The company reported a net profit of USD 107 million and a significant increase in its firm backlog to USD 4.7 billion. Key factors include a gain from the sale of vessels and strong contract... Continue Reading →
Nov. 5 (OE) Sercel announced the award of a five-year technical support and maintenance contract by ExxonMobil Guyana Ltd. for the Marlin Vessel Tracking and Alerts (VTA) software solution, delivered to the client in 2024. Sercel will provide comprehensive technical support, system maintenance, and ongoing software enhancements for the Marlin VTA solution currently being deployed... Continue Reading →
Nov. 5 (offshoreWIND.biz) BW Ideol’s project involving a factory for serial production of concrete floating wind foundations in Fos-sur-Mer, France, has been selected for funding by the European Commission under the EU Innovation Fund, for a grant of up to EUR 74 million. The project, named Fos3F, was selected alongside ten other projects in the... Continue Reading →
Nov. 4 (offshore-energy.biz) Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on the cards next year. With a lease-and-operate model as the crown jewel of its... Continue Reading →
Nov. 4 (OE) Oceaneering International, Inc. announced Vision Subsea, a new module within the cloud‑based Vision 3D data visualization software platform developed by GDi, an Oceaneering company. The module presents engineering-grade point cloud data generated during ROV operations, giving engineers a measurable, contextual view of subsea asset integrity to better enable identification of anomaly location,... Continue Reading →
Nov. 2 (oilnow.gy) Exxon’s proposed Longtail project will mark Guyana’s entry into gas development, setting the stage for the country’s first non-associated gas production. The project, which targets a final investment decision in 2026, is expected to operate for three decades and feature the largest gas-handling facility ever built in the Stabroek Block. Key facts about Longtail: Focus: Longtail... Continue Reading →
Nov. 3 - Petrobras has contracted Allseas to provide a subsea solution with rigid risers for the Atapu-2 pre-salt field, located 230 kilometers off the coast of Rio de Janeiro. The contract, obtained through a bidding process, covers the design, acquisition, construction, and installation of 143 kilometers of rigid risers and pipelines in water depths... Continue Reading →
Nov. 3 (offshore-energy.biz) Three pipelay support vessels (PLSVs) owned by a joint venture of DOF and TechnipFMC have secured contract extensions with Brazil’s oil and gas firm Petrobras. The current contracts of the 142-meter-long Skandi Vitória and Skandi Niterói have been extended from the fourth quarter of 2025 until the first quarter of 2027. The three-year contracts announced in June 2024 will... Continue Reading →
Oct. 31 (Reuters) Dutch geological data specialist Fugro reported stronger-than-expected core earnings on Friday, but cautioned that worsening conditions in the offshore wind sector and tighter spending by energy firms could weigh on its performance in the final quarter. Third-quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) fell 22% year-on-year to 108.6 million... Continue Reading →
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