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Aug 8 (oilnow.gy) The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the first offshore unit in the country equipped with “full sparing on all gas processing compressors”. According to the government, this ensures “uninterrupted gas handling even during planned or unplanned maintenance events”. The vessel will produce... Continue Reading →
Aug. 7 (oilnow.gy) The Noble Valiant has been added as the second drillship for TotalEnergies’ offshore Suriname campaign, the company announced in its latest fleet status report. The vessel will support development drilling in Block 58, where the French major and APA Corporation have sanctioned the GranMorgu project. Built in 2014, the Noble Valiant is capable of... Continue Reading →
Aug. 6 (oilnow.gy) Guyana has emerged as the most active location for Noble Corporation’s floater rigs, with four high-specification drillships operating exclusively in the ExxonMobil-operated Stabroek Block. According to Noble’s latest fleet status report, the Sam Croft, Bob Douglas, Tom Madden, and Don Taylor are contracted through August 2028, accounting for the densest deployment of floaters in the company’s... Continue Reading →
Aug. 7 (Reuters) Dutch oil and gas services company SBM Offshore raised its full-year core profit and revenue forecasts on Thursday, following a strong financial performance in the first half of 2025. The company, which provides floating production services to the offshore energy industry, sees directional earnings before interest, taxes, depreciation and amortization (EBITDA) of... Continue Reading →
(PN) Petrobras has begun drilling an adjacent well in the Sudoeste de Tartaruga Verde Block, in the Campos Basin pre-salt layer. The operation is being conducted by the Brava Star drillship, owned by Constellation, in a water depth of 733.5 meters. The adjacent well aims to test for oil or natural gas in an area... Continue Reading →
(offshore-energy.biz) Florida-headquartered marine environmental consulting firm CSA Ocean Sciences (CSA) and its Suriname subsidiary, CSA Suriname, have secured several projects for oil & gas operators in Suriname. Under the multi-year contracts for operators described as “major”, CSA will manage multiple environmental and social impact assessment (ESIA) programs offshore Suriname, mobilizing vessels of opportunity to perform field... Continue Reading →
(offshore-energy.biz) Norway-headquartered asset integrity management company Axess Group has won contracts with Singapore’s Seatrium to secure compliance with Brazilian standards for six floating production storage and offloading (FPSO) units set to work with Brazil’s state-owned energy giant Petrobras. The Norwegian player disclosed that it will assist Seatrium with Brazilian Regulatory Compliance (BRC) services for six... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or the “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, today, Yinson Production Offshore Pte. Ltd. (“Yinson”) has fully and early settled the receivables linked to the Company’s financing for the FPSO Atlanta adaptation project (“Transaction”). The Transaction contemplates the... Continue Reading →
Aug 5 (Reuters) - Germany's economy ministry published plans on Tuesday to diversify the sourcing of crucial components used mainly in offshore wind turbines by 2035 to reduce dependency on China. The move is part of the government's broader "de-risking" strategy amid geopolitical tensions with China, and after the energy crisis sparked by Russia's war... Continue Reading →
By Rafael Clemente, Key Sales Account Manager, Castrol Castrol explains why subsea hydraulic systems will be integral as we look for proven, viable solutions that are commercially feasible and do the job Operators today face an unenviable challenge: deploying new technology in more complex locations while increasing uptime and reliability at the same time. The... Continue Reading →
Brazil Energy Insight 