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A service for energy industry professionals · Saturday, May 24, 2025 · 815,840,987 Articles · 3+ Million Readers
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South America FPSO Newswire

  • Published on May 23, 2025

    Suriname Votes for President Who Will Oversee Newly-Found Oil Wealth

    Suriname, the South American nation hoping to replicate Guyana’s oil boom, is voting on Sunday in presidential and general elections to decide who will oversee energy and oil policy in the country over the next five years. Suriname, a former Dutch colony …

    Source: Oil Price - Neutral
  • Published on May 22, 2025

    Shell to Boost Deepwater Energy Production in Brazil

    Shell, and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas (BC-10) and the Bijupirá/Salema fields.   "Offshore Brazil is a key part of our plans to grow our deepwater portfolio – a key …

    Source: World Energy News - Connecticut - Pending
  • Published on May 22, 2025

    KNOT Offshore Partners LP (NYSE:KNOP) Q1 2025 Earnings Call Transcript

    KNOT Offshore Partners LP (NYSE:KNOP) Q1 2025 Earnings Call Transcript May 21, 2025 Operator: Hello, and welcome, everyone, to the KNOT First Quarter 2025 Earnings Call. My name is Maxine, and I’ll be coordinating the call today. [Operator Instructions]. I …

    Source: Insider Monkey - Neutral
  • Published on May 22, 2025

    KNOT Offshore Partners' Profit Down Sequentially

    KNOT Offshore Partners LP has reported a net income of $7.6 million for the first quarter of 2025, slipping from the $23.3 million for Q4 2024. The company said in its quarterly report that revenues stood at $84 million, down from $91.3 million for the …

    Source: Rigzone - Neutral
  • Published on May 21, 2025

    BW Offshore puts O&M duties of Gabon-based FPSO in BW Energy’s hands

    Oslo-listed oil and gas E&P player BW Energy has taken over from Norway’s BW Offshore the operations and maintenance (O&M) of a floating production, storage, and offloading (FPSO) unit working off the coast of Gabon. FPSO BW Adolo; Source: BW …

    Source: Offshore Energy - Neutral
  • Published on May 22, 2025

    PetroRio to Acquire OSX-3 FPSO for $140M

    Brazilian oil company PetroRio has agreed to buy the OSX-3 FPSO for $140 million, and acquire an 80 percent stake in the Dommo Energia's Tubarao Martelo field off Brazil where the FPSO is currently deployed.  The OSX-3 FPSO was built and delivered to …

    Source: World Energy News - Connecticut - Pending
  • Published on May 22, 2025

    Exxon to Load First Crude from Guyana This Weekend

    The Liza Phase 1 development project utilizes the Liza Destiny floating, production, storage and offloading (FPSO) vessel moored approximately 120 miles offshore Guyana, with four undersea drill centers supporting 17 wells. (Photo: Hess Corp) The first- …

    Source: World Energy News - Connecticut - Pending
  • Published on May 21, 2025

    Subsea7 nets contract for ‘strategically important’ project in West Africa

    Subsea7 has secured a sizeable subsea contract, worth between $50 million and $150 million, for a project in West Africa deemed as “strategically important“. Source: Subsea7 Under the contract, Subsea7 is in charge of transporting and installing flexible …

    Source: Offshore Energy - Neutral
  • Published on May 22, 2025

    Where is Floating Production Headed?

    The number of floating production units grew 5% in 2013. Here we examine the global market and future opportunities. Currently, there are 319 oil/gas floating production units are now in service, on order or available for reuse on another field.  FPSOs …

    Source: World Energy News - Connecticut - Pending
  • Published on 03:11 GMT

    10 Of The Most Powerful Tugboats Ever Made

    When it comes to performing essential tasks on the water, tugboats (often referred to as tugs) are one of the most critical parts of the global shipping industry. Not only are they designed to be compact, but they are powerful enough to pull or tow larger …

    Source: SlashGear - Pending
  • Published on May 23, 2025

    Washington Outmaneuvers Beijing in Indian Ocean Strategy

    By Editorial Dept - May 23, 2025, 8:30 AM CDT Politics, Geopolitics and Conflict Indian Ocean: The U.S. has just secured the future of its military base in Diego Garcia—arguably the single most important Western outpost in the Indian Ocean—by backing a UK- …

    Source: Oil Price - Neutral
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