March 15 (OE) Offshore drilling contractor Seadrill has appointed Samir Ali as its new chief executive officer (CEO). Effective immediately, Samir Ali will step up from its Executive Vice President, Chief Commercial Officer (CCO) position to its new role, succeeding Simon Johnson. Ali has served as Executive Vice President, Chief Commercial Officer of the company... Continue Reading →
Petrobras Signs US$736 Million Contracts with Oceânica Engenharia
March 11 - Brazilian engineering firm Oceânica Engenharia announced that it has signed long-term contracts with Petrobras worth approximately US$736 million. According to a statement, these new contracts increase Oceânica's order backlog to approximately R$12 billion. The contracts have a duration of four years. Operations are scheduled to begin in the first half of 2027... Continue Reading →
Petrobras expanding local content expectations beyond formal mandates – Rystad Energy
March 11 (oilnow.gy) Petrobras is expanding local content expectations beyond formal contractual mandates in Brazil, according to a February 19 Rystad Energy analysis. In January 2025, Petrobras had noted that Brazil’s local content law aims to boost investments and optimize the country’s exploration and production activities. Petrobras hailed the law as an important milestone for Brazil’s oil... Continue Reading →
ABL Gets Work on ExxonMobil’s Seventh Guyana Oil Project
March 11 (OE) Energy and marine consultancy ABL has been contracted to provide marine warranty survey services for marine operations and installation activities on ExxonMobil’s Hammerhead development offshore Guyana. The Hammerhead project is expected to be the seventh development in the Stabroek Block, located around 200 km offshore Guyana in water depths ranging from 850... Continue Reading →
Petrobras’ P-78 FPSO Achieves Gas Injection Milestone in Búzios Field
March 11 (OE) The first gas injection on Petrobras’ P-78 floating production, storage and offloading (FPSO) unit has been achieved just 61 days after the vessel reached first oil on December 31, 2025. The milestone, achieved on March 2, 2026, marks the transition of the vessel toward full operational readiness and expands production capability at... Continue Reading →
TotalEnergies, Repsol and Shell Bring Lapa South-West Online off Brazil
March 11 (OE) TotalEnergies and its partners Repsol and Shell have started production from the Lapa South-West project in Brazil’s Santos Basin. Located approximately 300 km offshore, the project consists of three wells tied back to the existing Lapa floating production, storage and offloading (FPSO) unit and is expected to increase production from the Lapa... Continue Reading →
Equinor Completes Lifting of Raia FPSO Modules
March 30 - Equinor has reached a significant milestone in the construction of the Raia FPSO (BM-C-33 project) with the completion of the lifting of modules at the Seatrium Angra dos Reis shipyard (formerly BrasFELS). In November 2025, the modules manufactured in Brazil were completed and shipped to Singapore, where they will be integrated into... Continue Reading →
New FPSOs Planned for Búzios Could Have Capacity Increased to 270,000 Barrels per Day
March 8 (PN) Petrobras is evaluating increasing the production capacity of three platforms to be installed in the Búzios field, in the pre-salt layer of the Santos Basin. The P-80, P-82, and P-83 units were designed to produce up to 225,000 barrels of oil per day each, but the company is studying raising this limit... Continue Reading →
Petrobras Announces Plans to Accelerate Production Ramp-up from New Platforms in the Búzios Field
March 8 (PN) Petrobras plans to accelerate the ramp-up of production from the newest platforms in the Búzios field, in the pre-salt layer of the Santos Basin. According to the company's Director of Engineering, Technology and Innovation, Renata Baruzzi, the idea is to anticipate the increase in production from both the P-78 (already in production)... Continue Reading →
Floating wind turbines could soon power AI data centers at sea
March 6 (electrek.com) Aikido Technologies has unveiled a concept that combines floating offshore wind turbines, battery storage, and AI data centers on a single platform. The offshore infrastructure company says its new platform, called AO60DC, is designed to co‑locate AI-grade computing directly with renewable energy generation at sea. Wind, batteries, and AI compute on one floating... Continue Reading →