Petrobras Holds 36 of Brazil’s 49 Offshore Rigs
8, March 2026
Petrobras controls 36 of Brazil’s 49 offshore rigs, while Westwood Global Energy Group data point to 5,472 minimum rig days of demand through 2029.
FPSO
OceanSTAR Elite Lands 15-Year FPSO Charter for Sepat Redevelopment
2, March 2026
OceanSTAR Elite’s Malaysia unit signed a 15-year FPSO charter with PETRONAS Carigali for the Sepat Integrated Redevelopment offshore Terengganu, including EPCIC plus operations and maintenance.
SBM Offshore Maps 16 FPSO Prospects
1, March 2026
SBM Offshore sees at least 16 FPSO prospects over the next three years. The contractor expanded its fleet to 16 units in 2025 and is advancing FPSO projects in Guyana, Suriname, and the Gulf of Mexico.
Tullow Agrees $205 million Purchase of Ghana’s TEN FPSO
20, February 2026
Tullow says Tullow Ghana Limited signed an SPA to acquire the TEN FPSO Prof. John Evans Atta Mills for $205 million, with completion targeted for end of Q1 2027 subject to approvals.
Jumbo Offshore Completes Errea Wittu FPSO Mooring Pre-Install Offshore Guyana
14, February 2026
Jumbo Offshore has completed suction anchor installation and mooring line pre-lay for the FPSO Errea Wittu at Uaru Field, Stabroek Block, Offshore Guyana, on behalf of Modec.
Floating Blue Ammonia FPSO Targets Stranded Offshore Gas
9, February 2026
BW Offshore and McDermott outline a floating blue ammonia FPSO concept to convert offshore gas into low-carbon ammonia, capture up to 99% CO₂, and export directly to carriers.
BW Energy Sets 2027 Drilling Start for Maromba Development
9, February 2026
BW Energy plans to drill six production wells at the Maromba field in 2027, targeting first oil in H2 2027 under a phased FPSO-based development concept.
$2.32bn One Guyana FPSO Sale Closes Early
5, February 2026
SBM Offshore completed the $2.32 billion sale of the One Guyana FPSO to ExxonMobil Guyana ahead of the August 2027 lease limit, while retaining operations and maintenance through 2035.
MODEC, Eld Energy Scale 120 kW SOFC-CO₂ Capture for FPSOs
27, January 2026
MODEC and Eld Energy will co-develop a 120 kW SOFC with integrated CO₂ capture for FPSOs, targeting onshore testing by 2027 and offshore demos from 2028.
