Category: Vessels

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 →

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Exxon’s proposed Longtail development in Guyana

Nov. 2 (oilnow.gy) Exxon’s proposed Longtail project will mark Guyana’s entry into gas development, setting the stage for the country’s first non-associated gas production. The project, which targets a final investment decision in 2026, is expected to operate for three decades and feature the largest gas-handling facility ever built in the Stabroek Block. Key facts about Longtail: Focus: Longtail... Continue Reading →

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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 →

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Petrobras and Allseas sign contract for Atapu 2

Nov. 3 - Petrobras has contracted Allseas to provide a subsea solution with rigid risers for the Atapu-2 pre-salt field, located 230 kilometers off the coast of Rio de Janeiro. The contract, obtained through a bidding process, covers the design, acquisition, construction, and installation of 143 kilometers of rigid risers and pipelines in water depths... Continue Reading →

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Petrobras prolongs assignments for DOF and TechnipFMC’s three PLSVs

Nov. 3 (offshore-energy.biz) Three pipelay support vessels (PLSVs) owned by a joint venture of DOF and TechnipFMC have secured contract extensions with Brazil’s oil and gas firm Petrobras. The current contracts of the 142-meter-long Skandi Vitória and Skandi Niterói have been extended from the fourth quarter of 2025 until the first quarter of 2027. The three-year contracts announced in June 2024 will... Continue Reading →

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Petrobras, SBM Discuss Two FPSO Vessels for Sergipe Deepwater Projects

Oct. 29(Reuters) Brazil's state-run oil firm Petrobras is in negotiations with SBM Offshore over two floating production vessels to be commissioned for its Sergipe deepwater projects, Petrobras head of Exploration and Production said on Wednesday. Petrobras hopes to lower costs and speed up delivery of the two vessels, Sylvia Anjos said on the sidelines of the OTC conference in... Continue Reading →

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Shape Digital and PRIO sign technology agreement to boost predictive maintenance and operational excellence in Brazilian offshore operations

Oct. 28 - Oil company PRIO has signed an agreement with Shape Digital, a developer of Artificial Intelligence (AI)-driven digital solutions, for the deployment of Shape Lighthouse, an Intelligent Asset Management platform designed to enhance operational reliability, reduce maintenance costs, and maximize production. The technology will be implemented across PRIO’s three Floating Production Storage and... Continue Reading →

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