(offshore-energy.biz) Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB). Seatrium stated that the credit facility, secured through its wholly owned subsidiary Seatrium Financial Services (SFS), aligns with the sustainable finance framework and includes revolving credit features that will enhance the company’s... Continue Reading →
SBM Offshore’s fifth Guyana-bound FPSO enters drydock
(offshore-energy.biz) Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has tucked a new construction milestone under its belt for a floating production, storage, and offloading (FPSO) unit destined for a sixth deepwater oil development project, operated by ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, at... Continue Reading →
MODEC, Eld Energy Advance FPSO Offshore Fuel Cell Pilot
(OE) MODEC has entered into a contract with Eld Energy, a Norwegian fuel cell system company, to design and manufacture a solid oxide fuel cell (SOFC) system pilot unit intended for installation on one of the MODEC-operated floating production, storage and offloading (FPSO) units. In February 2025, MODEC awarded a feasibility study contract to Eld... Continue Reading →
Strohm Wraps Up Deepwater TCP Trials for Petrobras
(OE) Strohm, a thermoplastic composite pipe (TCP) solutions specialist, has completed the first field trials with Petrobras for its TCP pipe design offshore Brazil, at water depths of approximately 1,500 meters. The testing and engineering assessments, which were conducted in the Campos Basin in June, have demonstrated the pipe’s performance under real-world conditions as well... Continue Reading →
Petrobras starts drilling first pioneer well in the Agua Marinha Block in the Campos Basin pre-salt layer
Petrobras is making a significant new exploration move in the Campos Basin. The company began drilling the pioneer well (1-BRSA-1401D-RJS) in the Água Marinha block, in a water depth of 2,600 meters. The drillship Deepwater Aquila, owned by Transocean, is operating the Água Marinha block. The Água Marinha block, in the Campos Basin pre-salt layer,... Continue Reading →
Floatel Lines Up Work for One of its Accommodation Vessels in Brazil
(OE) Floatel International has signed a Letter of intent for Floatel Victory accommodation vessel to provide Maintenance and Safety Unit (MSU) services offshore Brazil. The MSU assignment is for three to four months. Option to extend the assignment after the firm period has been granted. The start of operations is scheduled for the first quarter... Continue Reading →
Solstad Confirms $84M Deal with Petrobras for Normand Turquesa AHTS
(OE) Norwegian offshore vessel owner Solstad Offshore has confirmed a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa. The four-year contract, which received board approval, is scheduled to begin in February 2026. The current contract for Normand Turquesa has also been extended by nine months and runs until start of... Continue Reading →
Subsea7 and OneSubsea pick up work on Equinor’s Bacalhau Field development
(offshore-energy.biz) Norwegian state-owned energy giant Equinor has hired Subsea Integration Alliance (SIA), a strategic alliance combining the strengths of SLB OneSubsea and Subsea7, to handle an assignment related to the next stage of its operated oil field off the coast of Brazil. Subsea7 has confirmed Subsea Integration Alliance’s new contract with Equinor, which puts SIA in... Continue Reading →
Brazilian and Chinese shipyards sign MOUs to develop partnerships
(TN) Brazilian and Chinese shipyards are signing memorandums of understanding to develop technological and commercial partnerships at the Strategic Forum for the Brazil-China Shipbuilding Industry in Rio de Janeiro. The event is a follow-up to President Luiz Inácio Lula da Silva's state visit to China in May. Petrobras and Transpetro are participating in the event... Continue Reading →
Seatrium selects Siemens Energy to supply the compression systems for Petrobras’ new floating production, storage and offloading (FPSO) vessels, P-84 and P-85
(TN) Seatrium has selected Siemens Energy to supply the compression systems for Petrobras’ new floating production, storage and offloading (FPSO) vessels, P-84 and P-85. The project will increase the energy efficiency of the two vessels’ skids by supplying electric motor-driven compressors, marking the debut of a more sustainable generation of platforms for Petrobras. The contract... Continue Reading →