PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Aug.2025, Words: 226) — CNOOC Limited confirmed the Yellowtail project offshore Guyana in the Stabroek block, […]
Tag: FPSO
Guyana production capacity at 900,000 b/d with start of 4th offshore project Yellowtail
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Aug.2025, Words: 288) — ExxonMobil Guyana announced the start of production at Yellowtail, the company’s fourth […]
![Petrobras reports production of 2.9 MMboe/d in 2Q:25 [pdf download]](https://energy-analytics-institute.org/wp-content/uploads/2021/06/SBM-Offshore-awarded-Letter-of-Intent-for-FPSO-Almirante-Tamandare-lease-and-operate-contract-by-Petrobras-800x480-1.jpg)
Petrobras reports production of 2.9 MMboe/d in 2Q:25 [pdf download]
RIO DE JANEIRO, BRAZIL (By Petrobras, 29.Jul.2025, Words: 357) — Average production of oil, NGL and natural gas was 2.91 MMboed in 2Q:25, 5.0% higher […]
Seatrium to propel offshore innovation with first turnkey FPSO delivery to Petrobras
SINGAPORE, SINGAPORE (By Seatrium, 16.Jul.2025, Words: 500) — Seatrium Limited announced the impending delivery of the PETROBRAS 78 (P-78) – the first of a series […]
EnerMech secures contract for Dana Petroleum’s Triton FPSO
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 3.Jul.2025, Words: 179) — EnerMech has been awarded a 3-year fixed term contract with a further 2 […]
ABB wins electrical and automation contract for next generation of Petrobras FPSOs
SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 10.Jun.2025, Words: 380) — ABB has been awarded a large order by Seatrium, a global provider of marine […]
The 180,000 b/d FPSO Alexandre de Gusmão begins operations in the Mero field
SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 24.May.2025, Words: 362) — Petrobras said the floating production storage and offloading (FPSO) vessel Alexandre de Gusmão began […]
Subsea 7 awarded sizable contract offshore West Africa
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 21.May.2025, Words: 152) — Subsea 7 announced the award of a sizable — valued between $50mn-$150mn — subsea contract […]
Petrobras reports 1Q:25 financial and operational results
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 12.May.2025, Words: 677) — Petrobras reported adjusted EBITDA excluding 1-off events reached $10.7bn in the first-quarter 2025 […]
Guyana eyes 10 years of double-digit GDP growth, anchored by rising Stabroek production
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 9.May.2025, Words: 330) — Guyana’s economy grew at an average rate of 40.9% between 2020-2024, which marked […]
Bharrat Jagdeo says Guyana pondering piped-gas exports to Trinidad and Tobago
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 28.Apr.2025, Words: 389) — Oil-rich Guyana is pondering potential piped natural gas exports to neighboring Trinidad and […]
ExxonMobil Guyana awards MODEC contract for Hammerhead FPSO to be moored in Stabroek
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.Apr.2025, Words: 320) — ExxonMobil Guyana Limited awarded MODEC, Inc. a contract to develop a floating […]
ONE GUYANA FPSO reaches Guyana, joins Destiny, Unity and Prosperity in Stabroek
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 16.Apr.2025, Words: 235) — The ONE GUYANA floating, production, storage and offloading (FPSO) unit, the fourth […]
Brava Energia starts production at 4H and 5H wells offshore Brazil
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 14.Apr.2025) — Brava Energia SA said production started at the 4H and 5H wells, which are currently […]
ExxonMobil again accused by Delcy Rodríguez of stoking aggression against Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.Apr.2025, Words: 267) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez strongly denounced what she […]
ExxonMobil submits application to EPA for Longtail project offshore Guyana
HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 17.Mar.2025) — ExxonMobil Guyana Limited (EMGL) submitted an application to the Environmental Protection Agency (EPA) for environmental authorization […]
New Wave Offshore Energy to Conduct MWS for ExxonMobil’s Whiptail Project Offshore Guyana
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.Mar.2025) — New Wave Offshore Energy has been selected to conduct the Marine Warranty Survey (MWS) for […]
Liza Unity FPSO World’s First to Receive ABS SUSTAIN-2 Notation
HOUSTON, TEXAS (Lukas von Koch, Energy Analytics Institute, 12.Mar.2025) — The American Bureau of Shipping (ABS)-classed Liza Unity floating production storage and offloading (FPSO) unit […]
Petrobras Eyes 2.5 MMb/d Production Milestone by 2027, CEO Chambriard Says
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 26.Feb.2025) — Petrobras looks to boosts its oil production by 100,000 barrels per day (b/d) as it […]
Petrobras Selects SBM Offshore for FPSO Carbon Capture Solution
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 17.Feb.2025) — SBM Offshore will carry out a study with state-owned Petrobras for the application of carbon […]
ExxonMobil’s Payara Celebrates 100 MMbbls of Oil Produced in Just 15 Months
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 13.Feb.2025) — ExxonMobil Corporation, which operates the Stabroek Block offshore Guyana, celebrated 100 million barrels (MMbbls) of oil […]
Exxon Applies for Longtail Environmental Permits: Reuters
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.Feb.2025) — Spring, Texas-based ExxonMobil Corporation has reportedly applied for environmental permits related to its Longtail development […]
Exxon Selects Baker Hughes for Chemicals Services for Uaru and Whiptail Developments
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Feb.2025) — Baker Hughes revealed a significant award from ExxonMobil Guyana to provide specialty chemicals and related […]
Petrobras reported natural gas sales of 50 MMcm/d in 2024
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 3.Feb.2025) — Petrobras reported average natural gas sales of 47 million cubic meters per day (MMcm/d) in […]
Petrobras Hits 2024 Production Targets
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 27.Jan.2025) — Petrobras achieved all the 2024 production targets that were established in its Strategic Plan 2024-2028+, […]
Fact sheet: $30.25/bbl breakeven for first 4 Stabroek developments offshore Guyana
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 9.Jan.2025, Words: 581) — Not even crude oil prices down to $35/bbl will impact the ability […]
Greater Tortue Ahmeyim LNG Flows First Gas Offshore Mauritania and Senegal
HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 2.Jan.2025) — bp has begun flowing gas from wells at the GTA Phase1 liquefied natural gas (LNG) project […]
Brava Energia gets ANP approval to start production at Atlanta FPSO
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 30.Dec.2024) — Brava Energia SA has received authorization on 30 Dec. 2024 from Brazil’s National Agency of […]
SBM says FPSO Alexandre de Gusmão leaves China for Brazil
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 23.Dec.2024, Words: 428) — The floating production storage and offloading (FPSO) Alexandre de Gusmão has left the […]
Petrobras eyes 10 FPSOs by 2029 with 1.8 MMb/d of production capacity
MEXICO CITY, MEXICO (Pietro D. Pitts, Energy Analytics Institute, 10.Dec.2024, Words: 1,007) — Rio de Janeiro-based Petrobras has an eye on 17 floating production storage […]
Petrobras Starts Procurement for SEAP in Sergipe-Alagoas Basin
(Energy Analytics Institute, 29.Nov.2024) — Petrobras initiated a new procurement process for the construction of up to two FPSO oil production units for the Sergipe […]
SBM Offshore completes $1.5bn FPSO Jaguar financing
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 21.Nov.2024) — SBM Offshore completed the project financing of the floating production storage and offloading (FPSO) vessel Jaguar […]
Petrobras Reports 3Q:24 Output of 2.7 MMboe/d (PDF Download)
(Petrobras, 28.Oct.2024) — In 3Q:24, Petrobras‘ total production of oil, NGL and natural gas reached 2,689 Mboed, in line with 2QÑ24. The highlights were the […]
MODEC Announces Establishment of OFS India
(Energy Analytics Institute, 4.Oct.2024) — MODEC, Inc. announced that Offshore Frontier Solutions Pte. Ltd. (OFS), a MODEC Group company in Singapore, is partnering with Toyo […]
Johan Castberg Anchored in the Barents Sea
(Equinor, 17.Sep.2024) — The floating production, storage and offloading vessel (FPSO) is now securely anchored on the Johan Castberg field in the Barents Sea. The […]
Sepetiba Platform Reaches Top Pre-salt Production
(Petrobras, 28.Aug.2024) — The platform ship Sepetiba, chartered by Petrobras, reached its top production, 180 million oil barrels per day (bpd), in the Mero field, in […]
FPSO Almirante Tamandaré Departs for Brazil from Shipyard in China
(Petrobras, 31.Jul.2024) — The Almirante Tamandaré platform ship left the CMHI shipyard in China on 31 July 2024, bound for the Búzios field. The FPSO (floating […]
Petrobras Says FPSO Maria Quitéria en Route to Brazil
(Petrobras, 19.Jun.2024) — Petrobras said the FPSO Maria Quitéria is currently en route to Brazil. The platform ship departed from China in May and is […]
Woodside Achieves First Oil at Sangomar Offshore Senegal
(Woodside, 11.Jun.2024) — Woodside has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project. […]
TotalEnergies, APA Corp. and Staatsolie Progress towards FID on Block 58
(TotalEnergies, 5.Jun.2024) — On the occasion of the 2024 Suriname Energy Oil and Gas Summit, Javier Rielo, Senior Vice President Americas, Exploration & Production for […]
Mega Gas Project off Africa Nears Final Stages Before Start-up
(bp, 4.Jun.2024) — Seven years in the making, something remarkable is taking shape in the ocean where Mauritania and Senegal meet. A project, which includes a […]
Mega Gas Project off Africa Nears Final Stages before Start-up
(bp, 4.Jun.2024) — It takes extraordinary engineering and technology to keep the world supplied with energy. The latest example – one of bp’s biggest-ever projects – […]
Petrobras Highlights 4Q:23 Production and Sales [PDF Download]
(Petrobras, 8.Feb.2024) — In 2023, Petrobras delivered an excellent upstream operational performance, meeting all production forecasts for the year. Total annual production of oil and […]
![Hess Reports 4Q:23 Results, Updates on Payara [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/04/guyana-fpso-prosperity-arrival-to-stabroek-source-sbm-1b.jpg)
Hess Reports 4Q:23 Results, Updates on Payara [PDF Download]
(Hess, 31.Jan.2024) — Hess Corporation (NYSE: HES) reported net income of $413mn, or $1.34 per share, in the fourth quarter of 2023, compared with net […]
Sangomar FPSO Sets Sail for Senegal
(Woodside, 27.Dec.2023) — Woodside Energy has achieved another significant step forward for the Sangomar Project with the sail away from Singapore of the Léopold Sédar Senghor […]
Suncor Energy Restarts Production at Terra Nova
(Suncor, 27.Nov.2023) — Suncor Energy (TSX: SU) (NYSE: SU) announced that the Terra Nova Floating, Production, Storage and Offloading vessel has safely restarted following the […]
FPSO Prosperity Producing and On Hire
(SBM Offshore, 14.Nov.2023) — SBM Offshore announce that FPSO Prosperity has produced first oil as of 14 Nov. 2023 and is formally on hire. The FPSO Prosperity utilizes a […]
![Petrobras Reports 3Q:23 Financials [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2023/11/petrobras-3q23.png)
Petrobras Reports 3Q:23 Financials [PDF Downloads]
(Petrobras, 9.Nov.2023) — Petrobras reported on its main financial achievements in the third quarter 2023. Highlights: Solid recurring EBITDA of US$13.7bnGross debt under control at […]
FPSO Liza Unity Purchase by ExxonMobil Completed
(SBM, 9.Nov.2023) — SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of FPSO Liza Unity, […]
![Rosebank Field to Progress in the UK [Video]](https://energy-analytics-institute.org/wp-content/uploads/2023/09/norway-petrojarl-source-equinor.webp)
Rosebank Field to Progress in the UK [Video]
(Equinor, 27.Sep.2023) — Equinor and Ithaca Energy have taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental […]