Oct. 28 – Petróleo Brasileiro S.A. – Petrobras announces that the FPSO Almirante Tamandaré, operating in the Búzios field, located in the pre-salt layer of the Santos Basin, reached a record instantaneous production flow equivalent to 270,000 barrels of oil per day (bpd) last Saturday (October 25). On average, the platform’s production exceeded 250,000 bpd... Continue Reading →
ABL Companies Supporting Geoscience Work at Two Offshore Wind Areas in Portugal
Oct. 27 (offshoreWIND.biz) The Portuguese Institute for Sea and Atmosphere (IPMA) has appointed the UK-based renewable energy consultancy OWC, part of ABL Group, to support the geophysical and geotechnical surveys at two offshore wind farm areas in Portugal. ABL Group’s Portugal-based water and environmental consultancy, Hidromod, is also engaged in the project. IPMA is currently... Continue Reading →
European Floating LiDAR, Energy Intelligence Providers Join Forces in Brazilian Offshore Wind Market
Oct. 27 (offshoreWIND.biz) TGS, an energy data and intelligence provider based in Norway and the US, and EOLOS, a floating LiDAR technology provider based in Spain, have partnered to offer wind and metocean measurement campaigns in Brazil. Within the partnership, TGS will manage client contracts, campaign design, deployment and operations, while EOLOS will supply its... Continue Reading →
Pemex Extends Stay for Borr Drilling’s Jack Up Rig Trio off Mexico
Oct. 27 (OE) Offshore drilling contractor Borr Drilling has secured contract extensions for three of its premium jack-up rigs from Mexico’s national oil company Pemex. The rigs Galar and Gersemi have each been awarded two-year firm contract extensions that will commence in direct continuation of their existing contracts in Mexico. The extensions also include two... Continue Reading →
Petrobras requests authorization from Ibama to drill three more wells in the Foz do Amazonas Basin
Oct. 24 - Petrobras has requested authorization from Ibama (Brazilian Institute of Environment and Renewable Natural Resources) to drill three contingent wells in the block. The oil company is currently drilling the Morpho well, in a water depth of 2,887 meters – the drilling is expected to last approximately five months. The drillship used in... Continue Reading →
Tenaris pipe producer wins contract for Mexico’s first deepwater oil development
Oct. 24 (offshore-energy.biz) Texas-headquartered manufacturer of pipes and related services Tenaris has secured a contract for the delivery of casing and tubing for what will be Mexico’s first deepwater oil development. Tenaris’ scope includes the supply of 12,000 tons of casing and tubing, including 1,600 tons in the Super 13 Chrome steel grade, for the Trion... Continue Reading →
Baker Hughes beats profit estimates on strong industrial and energy tech demand
Oct 23 (Reuters) - Oilfield services provider Baker Hughes on Thursday beat Wall Street estimates for third-quarter profit, driven by strength in its industrial and energy technology (IET) business. As oilfield services firms navigate a volatile market, resilient areas like LNG infrastructure, power grid upgrades, and growing electricity demand from data centers are helping support growth.... Continue Reading →
TechnipFMC reports strong Q3 2025 results driven by subsea growth
Oct. 23 (oilnow) TechnipFMC has delivered another solid quarter, reporting total revenue of US$2.65 billion for the third quarter of 2025. Net income attributable to the company was US$309.7 million, or US$0.75 per diluted share, while adjusted net income reached US$312.1 million. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at US$518.9 million,... Continue Reading →
Maersk tests Brazilian ethanol mix to make cleaner maritime fuel
Oct 20 (Reuters) - Danish shipping company Maersk is testing a blend of Brazilian ethanol with methanol and marine diesel - known as "bunker" - for its vessel engines as part of its efforts to further decarbonize operations, the company announced on Monday. WHY IT'S IMPORTANT The initiative could open a new market for Brazil's ethanol... Continue Reading →
DOF Books Contract Extensions for Two Subsea Vessels
Oct. 23 (OE) Norwegian offshore supply vessel owner DOF Group has secured contract extensions for two of its subsea vessels, both operating in Guyana. The contract extensions are for Skandi Nomad and Skandi Constructor, which will remain on duty for one more year each. Following the extensions, Skandi Nomad is contracted until the fourth quarter... Continue Reading →