Sept. 12 (PN) Petrobras notified the National Petroleum Agency (ANP) about the discovery of oil signs in well 3-BRSA-1399-SPS, in a water depth of 1,866 meters in the Aram block. Drilling on the well began at the end of May by the Valaris DS-4 drillship. The oil company has already found oil signs in two... Continue Reading →
Wison pools resources with Siemens Energy on FLNG and FPSO projects
Sept. 10 (offshore-energy.biz) China-based provider of clean energy services Wison New Energies (WNE) has joined forces with Siemens Energy to embark on a new chapter of cooperation in sustainable offshore energy development, primarily within floating liquefied natural gas (FLNG) and floating production, storage, and offloading (FPSO) projects. Thanks to a strategic memorandum of understanding (MoU),... Continue Reading →
ABS Approves MODEC’s Offshore LCO2 Storage and Injection Unit
Sept. 9 (OE) ABS has granted approval in principle to a liquefied carbon dioxide (LCO2) floating storage and injection unit (FSIU) designed by MODEC in collaboration with Mitsui OSK Lines (MOL). Tailored to the growing demands of the global carbon capture, utilization and storage (CCUS) value chain, the design eliminates the need for onshore facilities,... Continue Reading →
Miros secures new shipping contract for novel VTI vessel performance technology
Sept. 9 - Miros, a global leader in real-time ocean insights and maritime innovation, has announced a significant commercial shipping contract for its Vessel Technical Index (VTI) service, marking a bold step forward in transforming vessel performance monitoring across the shipping sector. This third and newly signed agreement, with a prominent yet undisclosed shipping company,... Continue Reading →
BW Energy Secures Maromba FPSO Funding, Signs Rig Lease for Brazil Field
Sept. 9 (OE) BW Energy has completed a $365 million project finance facility to fund the refurbishment and redeployment of the Maromba floating production, storage and offloading vessel (FPSO) to Brazil’s Maromba field. The loan, backed by China Export & Credit Insurance Corporation (Sinosure), was significantly oversubscribed and will cover around 80% of total project... Continue Reading →
BP-Eni Joint Venture to Inject $5B in Angola Over Next Five Years
Sept. 4 (Reuters) Azule Energy, the joint venture between Italian oil and gas explorer Eni and BP, expects to invest another $5 billion in Angola over the next four to five years, Eni's Chief Operating Officer Guido Brusco told Reuters on Wednesday. The latest investment in both new and existing projects will match investments in... Continue Reading →
Viridien, TGS Start 3D Seismic Survey Offshore Northern Brazil
Sept. 4 (OE) French seismic firm Viridien, in collaboration with joint venture partner TGS, has started the Megabar Extension Phase I survey in the Barreirinhas Basin offshore Northern Brazil. The 5,300 sq km multi-client 3D seismic survey will be acquired by TGS and imaged by Viridien and builds on Viridien’s existing Megabar survey coverage. The... Continue Reading →
Carlyle to buy Altera Infrastructure’s FPSO Business
Sept. 2 (OE) Altera Infrastructure has entered into an agreement to sell its entire floating production, storage and offloading (FPSO) business to global investment firm Carlyle. The acquired business includes Altera’s full FPSO portfolio, the floating storage and offloading (FSO) unit Yamoussoukro and the 50% ownership in the joint venture Altera&Ocyan. The portfolio includes the... Continue Reading →
Fugro Nets Two Multi-Year Contracts to Support Brazil’s Deepwater Oil Push
Sept. 2 (OE) Fugro has signed two three-year contracts with offshore energy services company Constellation to support deepwater exploration activities in Campos Basin and the emerging Equatorial Margin, two of Brazil’s most strategically important regions. Fugro’s work will involve deploying advanced remotely operated vehicles (ROVs) aboard Constellation-managed vessels to carry out subsea equipment inspections, interventions... Continue Reading →
Oceaneering Inks $180M Subsea Robotics Contracts with Petrobras
Sept. 1 (OE) U.S.-based subsea services and technology firm Oceaneering International has through its Brazilian subsidiary Marine Production Systems do Brasil (MPS) secured multiple subsea robotics contracts from Petrobras. The contracts were awarded during the second quarter of 2025, following a competitive tender. The anticipated aggregate revenue of the contracts is approximately $180 million. Oceaneering... Continue Reading →