ExxonMobil continues drilling at Yellowtail as ONE GUYANA FPSO ramps up production

Sept. 24 (oilnow.gy) ExxonMobil Guyana Limited (EMGL) continued developmental drilling on September 20 at the Yellowtail Project’s YT_1P10 drill center within the Stabroek Block.  The Noble Don Taylor rig will carry out the operation until October 31, 2025, according to a recent notice from the Maritime Administration Department.  The YT_1P10 drill center lies 105.7 nautical... Continue Reading →

Exail achieves world first with 1,100-nautical-mile autonomous USV transit across Gibraltar Strait

September 25, 2025 —Exail has achieved a major milestone in maritime autonomy with its DriX O-16 transoceanic uncrewed surface vehicle (USV). The 16-meter platform has just completed an unprecedented 1,100-nautical-mile (2,000 km) transit from La Ciotat – France, to Troia – Portugal, to join NATO’s REPMUS 2025 exercise. Sailing past the Balearic Islands and through... 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 →

Brazil’s WEG to invest $77 million to boost US plant capacity due to AI demand

Sept 23 (Reuters) - Brazilian motor maker WEG (WEGE3.SA), opens new tab will invest $77 million in a U.S. specialty transformer manufacturing facility, it said on Tuesday, seeking to increase the plant's production capacity by 50% as artificial intelligence fuels demand in the country. The investment in the Washington, Missouri, plant targets the production of transformers seen as essential... Continue Reading →

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