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July 1 (OE) Steel pipe supplier Tenaris has started operations at a new service center in Suriname to support the GranMorgu offshore project, operated by TotalEnergies with APA Corporation and Staatsolie Maatschappij Suriname as partners. Located in Paramaribo, the service center will provide integrated services for offshore operations, supporting TotalEnergies with the supply of casing,... Continue Reading →
June 30 (oilnow.gy) DOF Group ASA has secured a three-year contract for the Skandi Involver to support subsea work in Guyana’s Stabroek Block, where ExxonMobil Guyana Limited continues to advance offshore development activity. The Norway-based offshore and subsea services company announced on June 26 that the award was made through its North America subsea region.... Continue Reading →
June 30 (OE) Houston-based Nauticus Robotics has strengthened its balance sheet through a debt-for-equity exchange that eliminates approximately $4 million in outstanding debt while increasing shareholders' equity. The company announced June 30 that an existing lender agreed to convert approximately $4.0 million in outstanding indebtedness and accrued interest under Nauticus' Senior Secured Term Loan Agreement... Continue Reading →
June 30 (OE) Cidade de Niterói MV18 floating production, storage and offloading vessel (FPSO) unit, owned and operated by MODEC, has arrived at a ship recycling facility in Denmark after completing charter and operations and maintenance services for Petrobras at the Marlim Leste field offshore Brazil. The FPSO departed Brazil following the completion of demobilization... Continue Reading →
Amsterdam, June 29, 2026 SBM Offshore announces it has signed the project financing of FSO Chalchi for a total amount of US$465 million.The project financing is provided by a consortium of international banks and institutional investors and includes partial insurance cover from China Export & Credit Insurance Corporation. The project financing will be drawn during... Continue Reading →
June 25 (oinow.gy) SBM Offshore says the GranMorgu floating production, storage and offloading (FPSO) unit will be the largest FPSO it has delivered to date, as construction advances in China for Suriname’s first offshore oil development. Pierre Gaté, Country Entry Manager for SBM Offshore Suriname, provided the update on day 2 of the Suriname Energy,... Continue Reading →
June 25 (OE) Japanese offshore services company MODEC has secured a contract to supply a SOFEC internal turret mooring system for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique, being developed by Eni and its partners. MODEC is collaborating with the Technip Energies-JGC joint venture on the project to support integration and... Continue Reading →
June 25 (OE) Baker Hughes has secured a significant contract award from Azule Energy to supply subsea production systems for the Greater PAJ development offshore Angola. Under the agreement, Baker Hughes will provide deepwater horizontal tree systems for the ultra-deepwater greenfield project, as well as subsea control modules, intervention workover control systems and associated connection,... Continue Reading →
On June 23, the Búzios field, located in the Santos Basin pre-salt, reached a record average daily production of 1.1 million barrels of oil per day, surpassing the 1-million mark achieved in October 2025. As the country's largest field in terms of production and reserve volume, Búzios accounts for approximately one-third of all oil production... Continue Reading →
June 24 - ASCO, a global logistics, materials management and operations specialist, has signed a Heads of Terms with N.V. Dordt Gateway to establish a strategic joint venture to support the development and operation of the Dordt Marine Support Base in Commewijne, Suriname. The agreement includes the formation of a joint operating company, Dordt Operations... Continue Reading →
