March 11 (oilnow.gy) Petrobras is expanding local content expectations beyond formal contractual mandates in Brazil, according to a February 19 Rystad Energy analysis. In January 2025, Petrobras had noted that Brazil’s local content law aims to boost investments and optimize the country’s exploration and production activities. Petrobras hailed the law as an important milestone for Brazil’s oil... Continue Reading →
ABL Gets Work on ExxonMobil’s Seventh Guyana Oil Project
March 11 (OE) Energy and marine consultancy ABL has been contracted to provide marine warranty survey services for marine operations and installation activities on ExxonMobil’s Hammerhead development offshore Guyana. The Hammerhead project is expected to be the seventh development in the Stabroek Block, located around 200 km offshore Guyana in water depths ranging from 850... Continue Reading →
Exail supplies LBL positioning systems for major deepwater energy projects in Brazil and Angola
March 10, 2026 – Exail is supplying over 70 acoustic transponders and integrated navigation suites for two major deepwater energy projects in Brazil and Angola. These contracts mark a significant milestone in the global adoption of Exail’s Long Baseline (LBL) subsea positioning technology, supporting subsea construction, offshore infrastructure installation, and survey operations in complex environments... Continue Reading →
Petrobras’ P-78 FPSO Achieves Gas Injection Milestone in Búzios Field
March 11 (OE) The first gas injection on Petrobras’ P-78 floating production, storage and offloading (FPSO) unit has been achieved just 61 days after the vessel reached first oil on December 31, 2025. The milestone, achieved on March 2, 2026, marks the transition of the vessel toward full operational readiness and expands production capability at... Continue Reading →
X1 Wind Gets DNV Certification for Floating Wind Platform Design
March 10 (OE) X1 Wind has received a Statement of Compliance for the basic design of its X100 floating offshore wind platform from classification society DNV, marking a key milestone in the development of the company’s floating wind technology. The certification confirms that the X100 platform meets international engineering and safety standards under the DNV-SE-0442... Continue Reading →
Equinor Completes Lifting of Raia FPSO Modules
March 30 - Equinor has reached a significant milestone in the construction of the Raia FPSO (BM-C-33 project) with the completion of the lifting of modules at the Seatrium Angra dos Reis shipyard (formerly BrasFELS). In November 2025, the modules manufactured in Brazil were completed and shipped to Singapore, where they will be integrated into... Continue Reading →
Shell Inks Oil and Gas Exploration Deals with Venezuela
March 9 (Reuters) Oil major Shell inked several oil agreements with the Venezuelan government that span offshore natural gas and onshore oil and gas opportunities, the company said in a statement. It also signed several technical and commercial agreements with Venezuelan engineering company VEPICA, as well as with KBR and U.S. oil services firm Baker... Continue Reading →
Floating wind turbines could soon power AI data centers at sea
March 6 (electrek.com) Aikido Technologies has unveiled a concept that combines floating offshore wind turbines, battery storage, and AI data centers on a single platform. The offshore infrastructure company says its new platform, called AO60DC, is designed to co‑locate AI-grade computing directly with renewable energy generation at sea. Wind, batteries, and AI compute on one floating... Continue Reading →
Viridien Launches Charrua 3D Seismic Survey Offshore Uruguay
March 6 (OE) Viridien has kicked off the Charrua 3D multi-client seismic survey offshore Uruguay, marking a new phase of exploration activity in the country’s offshore basins. Data acquisition will be carried out by the vessel BGP Prospector, with the company applying seismic imaging technologies including time-lag full-waveform inversion (TLFWI) to produce high-resolution subsurface images.... Continue Reading →
Jaguar FPSO advances toward 2027 start-up with module installation and integration works underway
March 6 (oilnow.gy) SBM Offshore said the Jaguar floating production, storage and offloading vessel project has reached several construction milestones as work continues toward a planned 2027 start-up offshore Guyana. “Following a safe and successful work program in the Seatrium dry-dock, FPSO Jaguar has been safely relocated and moored quayside for the integration phase,” SBM... Continue Reading →