GustoMSC Unveils New Jacking Technology for Offshore Wind Vessels

June 2 (OE) GustoMSC, NOV’s offshore design and engineering business, has developed a new asymmetrical rack-and-pinion technology designed to increase the jacking capacity of offshore wind installation vessels without increasing vessel size, weight or system complexity. The patent-pending asymmetrical rack-and-pinion (ASYM R&P) technology builds on the company’s existing rack-and-pinion jacking systems and is designed to... Continue Reading →

June 2, 2026 0

MODEC Guyana seeks contractors for FPSO mooring hook-up services for Hammerhead project

June 2 (oilnow.gy) MODEC Guyana is seeking contractors for floating production, storage and offloading (FPSO) vessel mooring hook-up services for the Hammerhead project offshore Guyana, according to a Request for Information (RFI) published on June 1 through the Centre for Local Business Development (CLBD). The opportunity forms part of preparations for the Hammerhead development, which is expected... Continue Reading →

June 2, 2026 0

SBM Offshore and Solstad Offshore in partnership for a new installation vessel

June 1 - SBM Offshore and Solstad Offshore have formed a joint venture, which has entered into a Letter of Intent with a selected shipyard to order a new-build next-generation multi-purpose deepwater installation and construction vessel. The new vessel is targeted for delivery in the first half of 2029. The new vessel will support the... Continue Reading →

June 2, 2026 0

Karoon Energy Completes Transition Period and Assumes Operation of the Bauna Field FPSO

June 1 - Independent oil company Karoon Energy announced the completion of the transition of operations of the Baúna FPSO (formerly called Cidade de Itajaí). To recap, the platform was acquired from Altera & Ocyan (A&O) in April of last year for US$115 million plus approximately US$8 million in transaction costs. Since then, the two... Continue Reading →

June 1, 2026 0

Vantage Drilling Agrees to $258M Takeover by Eldorado Drilling

June 1 (OE) Vantage Drilling has entered into a merger agreement under which Norway-based Eldorado Drilling will acquire the offshore drilling contractor in a transaction valuing the company's equity at approximately $257.6 million. Under the agreement, Vantage shareholders will receive $19.00 per share in cash. The transaction has been unanimously approved by Vantage's board of... Continue Reading →

June 1, 2026 0

Tiny Guyana poised for big Iran oil gains and growth strains

May 30 (Reuters) - Guyana was already the world’s fastest growing economy before the U.S.-Israeli war on Iran drove up oil prices. Now, the tiny Caribbean nation of nearly 1 million people will reap an even bigger bonanza as the conflict reshapes global energy markets. The war that caused one of the largest energy disruptions... Continue Reading →

May 31, 2026 0

SBM Offshore signed contracts for Petrobras’ FPSOs SEAP-I and SEAP-II

May 29, 2026 SBM Offshore announces that it has been awarded contracts by Petróleo Brasileiro S.A. (Petrobras) for two FPSO projects located in the Sergipe-Alagoas basin, located in the northeastern part of Brazil. Under these contracts, SBM Offshore will design, build and operate FPSOs SEAP-I and SEAP-II. The consortia led by Petrobras will own the... Continue Reading →

May 29, 2026 0

Petrobras Announces R$60 Billion Investment for Sergipe Deepwater Project and Pipeline Tender in 2026

May 28 - Petrobras announced investments of approximately R$60 billion in Sergipe as part of the Sergipe Deepwater Project (SEAP), an initiative that should increase the Northeast's share of the national natural gas supply from the current 16% to 31% by 2035. The information was announced by the state-owned company's president, Magda Chambriard. The SEAP... Continue Reading →

May 29, 2026 0

Suriname’s Block 52 Could Become Commercial in 18 Months

My 28 (Reuters) Malaysia's oil and gas producer Petronas is exploring for oil at offshore Block 52 in Suriname, which was declared commercially viable for the development of natural gas late last year following large discoveries in the area, the managing director of state company Staatsolie said on Wednesday. "We hope also to somewhere in... Continue Reading →

May 28, 2026 0

TGS Awarded Large 4D Streamer Contract Offshore Angola

May 27 (OE) TGS has been awarded a large and high-end 4D streamer contract offshore Angola. The program is scheduled to commence acquisition in early July 2026, and the contract has a duration of approximately eight months. Kristian Johansen, CEO of TGS, commented, “We are very pleased with this contract award, which reinforces TGS’ strategic... Continue Reading →

May 27, 2026 0

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Category: Vessels

GustoMSC Unveils New Jacking Technology for Offshore Wind Vessels

MODEC Guyana seeks contractors for FPSO mooring hook-up services for Hammerhead project

SBM Offshore and Solstad Offshore in partnership for a new installation vessel

Karoon Energy Completes Transition Period and Assumes Operation of the Bauna Field FPSO

Vantage Drilling Agrees to $258M Takeover by Eldorado Drilling

Tiny Guyana poised for big Iran oil gains and growth strains

SBM Offshore signed contracts for Petrobras’ FPSOs SEAP-I and SEAP-II

Petrobras Announces R$60 Billion Investment for Sergipe Deepwater Project and Pipeline Tender in 2026

Suriname’s Block 52 Could Become Commercial in 18 Months

TGS Awarded Large 4D Streamer Contract Offshore Angola

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