Petrobras and SBM Offshore have signed a $7.8 billion contract for P80 and P87 FPSOs in Brazil’s Sergipe-Alagoas deepwater project, with each unit designed for 120,000 barrels per day of oil production.
The former FPSO Northern Endeavour has arrived in Frederikshavn, Denmark, for decommissioning by M.A.R.S. The project now moves into hazard assessment, cleaning, decontamination, dismantling and recycling.
Hua Rui Long has arrived off Frederikshavn carrying Northern Endeavour after a long voyage from Singapore, marking the final transport stage before dismantling in Denmark.
Baker Hughes won a 60-month agreement from Petrobras to maintain, repair and support up to 64 gas turbines used across Brazil’s offshore FPSOs and the Replan refinery.
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.
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 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 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 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.
