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The drillship Tidal Action, owned by Constellation, is undergoing final preparations before starting a new mission. The unit was contracted by Petrobras to join a new drilling campaign in the Roncador field, in the Campos Basin. The contract, signed in September of last year, also includes the Laguna Star rig, which is already on its... Continue Reading →
(Reuters) - Brazil's state-run oil firm Petrobras is weighing options for its Polo Bahia onshore oil fields, including a potential sale, Chief Executive Magda Chambriard said on Saturday, adding that any decision will prioritize returns and shareholder interests. The Polo Bahia hub, consisting of some 28 onshore fields, was previously listed for sale under former President... Continue Reading →
(Reuters) Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie said in a release on Saturday. Petronas hired Noble Corp to drill the wells through the Noble Developer drilling platform, which arrived in... Continue Reading →
The second wind turbine installation vessel (WTIV), built by Yantai CIMC Raffles Offshore for DEME Group, has been launched. Norse Energi, like its sister vessel Norse Wind, is engineered to install turbines with rotor diameters over 300 metres and XXL monopiles up to 3,000 tonnes, even in water depths of 70 metres. The first steel for... Continue Reading →
ANP released the Monthly Bulletin of Oil and Natural Gas Production for May 2025, which contains consolidated data on national production. The month of May registered a record in national oil and gas production, considering pre-salt, post-salt and onshore. With regard to oil, 3.679 million barrels per day (bbl/d) were extracted, an increase of 1.3%... Continue Reading →
(OE) Yinson Production has placed $1.168 billion project bond to refinance floating production, storage and offloading (FPSO) Maria Quitéria, which is operating under a 22.5-year lease and operate contract with Petrobras in the Jubarte field, offshore Brazil. The $1.168 billion 144A/Reg S senior secured notes were issued by Yinson Bergenia Production. The notes are fully... Continue Reading →
Petrobras CEO,Magda Chambriard, announced that the FPSO P-78 has begun its journey to Brazil. The unit, which will be installed in the Buzios field, in the pre-salt layer of the Santos Basin, was in Singapore undergoing integration and commissioning stages. The Keppel/Hyundai consortium was responsible for building the vessel. “And before anyone says that there... Continue Reading →
(OE) Equinor, the developer of Empire Wind, officially launched the Service Operations Vessel ECO Liberty on June 28 for deployment in its New York offshore wind project. Louisiana First Lady Sharon Landry served as the vessel’s “Godmother” during a christening ceremony on the Mississippi River at the Port of New Orleans. Speakers at the event included... Continue Reading →
(offshore-energy.biz) The steel-cutting ceremony for a floating production storage and offloading (FPSO) unit destined for a field offshore Brazil operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell has been held at the Sumitomo Heavy Industries’ Yokosuka shipyard in Japan. Based on a social media post by Cristiano Pinto da Costa, President of Shell Brasil,... Continue Reading →
(OE) Ocean Power Technologies (OPT) has secured a patent from the United States Patent and Trademark Office (USPTO) for its autonomous, floating marine charging solution. Designed to address the increasing demand for clean maritime operations, the invention enables electric vessels, including uncrewed surface vehicles (USVs), to locate, dock with, and recharge from a floating energy... Continue Reading →
Brazil Energy Insight 