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Jan 23 (Reuters) - SLB beat Wall Street estimates for fourth-quarter profit on Friday, as the world's top oilfield services provider benefited from the ChampionX acquisition and unveiled plans to return $4 billion to shareholders this year. The company closed the $7.75 billion all-stock acquisition of ChampionX last July, adding production chemicals and artificial lift technologies... Continue Reading →
Jan. 22 (oilnow.gy) ExxonMobil Guyana Limited (EMGL) will continue developmental drilling operations at the Liz_3P13 Drill Center, part of the Liza Phase 2 Project in the Stabroek Block, according to a Notice to Mariners issued by the Maritime Administration Department (MARAD) this week. The drilling campaign commenced on January 18, 2026, and will conclude on... Continue Reading →
Jan. 22 (OE) TMC Compressors has secured a contract by COSCO Shipping Heavy Industry to deliver a complete marine compressed air system to SBM Offshore’s newbuild floating storage and offloading (FSO) unit Chalchi. The FSO Chalchi is bound for deployment at the Trion deepwater oil field, offshore Mexico, operated by Mexcian unit of Australia’s oil... Continue Reading →
Jan. 22 (offshoreWIND.biz) The global fleet of offshore wind installation vessels could support achieving up to 400 GW of offshore wind capacity by 2030, provided that additional vessels are ordered and deployed, alongside supportive market conditions, according to a scenario study by the Kuehne Climate Center. The study also shows that, looking globally, newbuild investments... Continue Reading →
Jan. 21 (OE) Offshore drilling contractor Seadrill has secured multiple contract awards for its West Capella, West Elara and West Carina drilling rigs across Malaysia, Norway and Brazil. In Malaysia, the ultra-deepwater drillship West Capella secured a well-based contract with an undisclosed operator. The program is expected to start in the second quarter of 2026... Continue Reading →
Jan 21 (Reuters) - Halliburton surpassed analysts' expectations for fourth-quarter profit on Wednesday, on the back of steady demand for its services and equipment in international markets. Shares of the oilfield services company rose nearly 2.6% in premarket trading. The Houston-based company, which kicked off the earnings season for U.S. oilfield services providers, has focused on... Continue Reading →
Veolia and SBM Offshore have signed a Memorandum of Understanding to develop and deploy innovative freshwater floating production units (FPUs), combining advanced reverse osmosis desalination technology with proven offshore engineering expertise to offer a sustainable, ocean-based solution to address global water demand. As water scarcity increasingly impacts business continuity and regional stability, securing reliable freshwater... Continue Reading →
Jan. 19 (OE) DOF Group has secured a large turn-key contract by MODEC Guyana to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading vessel (FPSO) unit, set for deployment at ExxonMobil’s project offshore Guyana. Under the contract, DOF’s North America subsea team will deliver project management, engineering, procurement, logistics, transportation... Continue Reading →
Jan. 16 - Vessels Contracted by Saipem Are Already En Route to the Campos Basin to Begin Construction of Gas Pipeline Spliethoff, a company based in Amsterdam, has been contracted by the Italian company Saipem to provide engineering, drilling, and construction services for the Raia project gas pipeline in the Campos Basin. The Dutch company... Continue Reading →
Jan. 15 (OE) MODEC has commissioned Everllence to supply five compressor trains for its new Floating Production Storage and Offloading (FPSO) for the Gato do Mato - Orca Project offshore Brazil. The FPSO will be moored in the pre-salt area of the Santos Basin, approximately 200 kilometers south of Rio de Janeiro, at a water... Continue Reading →
Brazil Energy Insight 