Nov. 25 - Petrobras' Bidding Committee announced that it has approved SBM Offshore's proposal in the tender for contracting the Sergipe Deepwater FPSO (SEAP) vessels. The approval was given during the proposal effectiveness evaluation phase. It's worth noting that SBM Offshore offered the lowest prices in the FPSO tender. The Dutch company submitted a total... Continue Reading →
Guyana’s four FPSOs set a new pace for deep-water oil development
Nov. 24 (oilnow.gy) The four floating production, storage and offloading vessels operating in the Stabroek Block have become the backbone of Guyana’s offshore industry, each larger and more advanced than the last. Together, Liza Destiny, Liza Unity, Prosperity and ONE GUYANA have pushed national output beyond 900,000 barrels per day, demonstrating how quickly ExxonMobil has... Continue Reading →
SISTAC Renews Contract with DOF Subsea for Pipeline Maintenance and Inspection
Nov. 21 - SISTAC, a company operating in the Brazilian market for inspection, maintenance, and repair of submerged structures for the oil and gas industry, has signed a long-term contract addendum with the Norwegian company DOF Subsea for operations in the Campos, Santos, and Espírito Santo basins. The partnership guarantees the continued use of divers... Continue Reading →
Offshore Wind Developer Gets DNV Concept Certification for Floating Foundation Design
Nov. 21 (offshoreWIND.biz) BayWa r.e. has received concept certification from DNV for its BayFloat floating wind semi-submersible concrete substructure and mooring system design. The design was validated using the 22 MW generic reference turbine “IEA-22-280-RWT”. The certification process was conducted in accordance with DNV-SE-0422:2021-09 “Certification of floating wind turbines” scheme, including DNV-ST-0119:2021-06 “Floating wind turbine... Continue Reading →
Seatrium Picks Sulzer’s Equipment for Petrobras’ FPSOs
Nov. 21 (OE) Swiss-based equipment supplier Sulzer has secured an order to supply multiple water injection packages to Seatrium for Petrobras’ next generation P-84 and P-85 floating production storage and offloading (FPSO) vessels. To support the construction of both vessels, Sulzer will deliver fully integrated pump skids designed to provide maximum efficiency in a compact... Continue Reading →
MODEC’s Guyana contract drives 1,327% surge in orders for 2025
Nov. 20 (oilnow.gy) Japan-based floating production specialist MODEC Inc. has reported strong results for the first nine months of 2025, driven by a new contract with ExxonMobil Guyana Limited for the Hammerhead development in the Stabroek Block. The company said orders received totaled US$8.4 billion for the period ending September 30, up 1,327% from the... Continue Reading →
Exxon weighs early purchase of ONE GUYANA FPSO
Nov. 20 (oilnow.gy) ExxonMobil Guyana is considering buying the ONE GUYANA floating production, storage and offloading vessel in early 2026, ahead of the unit’s maximum lease end in August 2027. SBM Offshore disclosed the update in its recently released third-quarter trading report, which stated that the company is “contemplating the exercise of its contractual purchase option.” The... Continue Reading →
Cable Installation Work Underway at Ørsted’s Two US Offshore Wind Farm Sites
Nov. 20 (offshoreWIND.biz) Ørsted has completed the 2025 foundation installation campaign at the Sunrise Wind offshore project site in the US and is now commencing cable installation works on both its projects under construction in the Northeast US, Revolution Wind and Sunrise Wind. According to the latest Notice to Mariners from the developer, Bokalift 2 and Bokalift 1 have... Continue Reading →
BW Energy Confirms Liquid Hydrocarbons in Namibia’s Kudu Block
Nov 19 (OE) BW Energy has completed drilling operations on the Kharas-1 appraisal well in the Kudu license area, offshore Namibia, confirming the presence of hydrocarbons. The well, drilled with Odfjell Drilling-managed Deepsea Mira rig, reached a total depth of 5,100 m and intersected multiple reservoir intervals. The well will now be plugged, and abandoned... Continue Reading →
Petrobras Extends Charter of Transocean Deepwater Mykonos Drillship
Nov. 19 - Petrobras has extended the charter of the Transocean Deepwater Mykonos rig. The charter period, previously scheduled to end in October of this year, has been extended by 60 days, until December, with an option for another 120 days, until April 2026 Built at the Samsung Heavy Industries shipyard in South Korea, the... Continue Reading →