Petrobras Takes Technical Precautions and Studies New Solutions to Explore Resources in the Equatorial Margin

Nov. 10 (PN) The great potential to be discovered in the basins of the Equatorial Margin motivated Petrobras to undertake a long and arduous environmental licensing process with IBAMA (Brazilian Institute of Environment and Renewable Natural Resources). Having overcome this stage, the oil company is now beginning to face the technical and economic challenges. Currently,... Continue Reading →

Yinson Production’s CFO: Two new project bonds on the 2026 horizon to refinance FPSO duo

Nov. 4 (offshore-energy.biz) Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on the cards next year. With a lease-and-operate model as the crown jewel of its... Continue Reading →

Oceaneering Expands Vision Platform with Subsea Module for Engineering‑Grade Integrity Visualization

Nov. 4 (OE) Oceaneering International, Inc. announced Vision Subsea, a new module within the cloud‑based Vision 3D data visualization software platform developed by GDi, an Oceaneering company.  The module presents engineering-grade point cloud data generated during ROV operations, giving engineers a measurable, contextual view of subsea asset integrity to better enable identification of anomaly location,... Continue Reading →

Búzios Field Reaches Record Production of 1 Million Barrels of Oil per Day

Oct. 31 - The Búzios field, operated by Petrobras in the Santos Basin, reached on Wednesday (10/29) a record daily average production of 1 million barrels per day, surpassing the previous mark of 900 thousand reached in August. The largest field in the country in reserves, Búzios is the second Petrobras field to exceed the production mark of 1 million barrels per day. The... Continue Reading →

Fugro’s Profit Beats Estimates Amid Offshore Wind Concerns

Oct. 31 (Reuters) Dutch geological data specialist Fugro reported stronger-than-expected core earnings on Friday, but cautioned that worsening conditions in the offshore wind sector and tighter spending by energy firms could weigh on its performance in the final quarter. Third-quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) fell 22% year-on-year to 108.6 million... Continue Reading →

Blog at WordPress.com.

Up ↑