
Karoon Cuts Baúna Guidance After SPS-92 Electrical Fault
Karoon Energy has cut its 2026 Baúna production guidance after an SPS-92 electrical fault deferred about 3,500 bopd and prompted plans for another rig intervention.

Karoon Energy has cut its 2026 Baúna production guidance after an SPS-92 electrical fault deferred about 3,500 bopd and prompted plans for another rig intervention.

Perenco plans a $110 million offshore electrification project connecting its Pargo and Cherne assets in Brazil’s Campos Basin to shore power through an approximately 80 km subsea cable.

Seatrium is preparing the P-80 and P-82 FPSOs to sail for Brazil’s Búzios field, where the two units will provide a combined oil production capacity of 450,000 bopd.

Halliburton has secured an integrated bp contract for the first appraisal campaign at the Bumerangue field offshore Brazil, covering drilling, reservoir evaluation and LOGIX automation.

DOF Group ASA has extended Petrobras contracts for the PLSVs Skandi Buzios and Skandi Recife in Brazil, keeping both vessels under contract through January 2028.

Huarun Dadong Dockyard will convert a sixth-generation semisubmersible rig into a 600-person accommodation unit under the Sparta retrofit project for deployment in Brazilian waters.

Karoon Energy reported 97.2% operating efficiency for the FPSO Cidade de Itajaí after maintenance and well restoration at the Baúna field. The company also completed the FPSO operatorship transfer during the quarter.

MODEC’s FPSO Gato do Mato forward hull has departed Japan for China, where it will be integrated with the aft hull section before the project moves to its next phase.

Karoon Energy has taken over operatorship of FPSO Cidade de Itajaí from Altera & Ocyan after completing regulatory approvals and transition work.
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