The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, regulatory approvals, and capital discipline.

Brazil's state-run oil firm Petrobras is considering cancelling a tender to charter a production storage and offloading ...

Brazil's state-run oil firm Petrobras is considering canceling a tender to charter a production storage and offloading vessel (FPSO) from India's Shapoorji Pallonji Energy, two sources with knowledge ...

Brazilian state-controlled player to give second try to contract floater to revitalise mature Campos basin field ...

Shell UK let a contract extension for brownfield engineering, procurement, and construction for onshore and offshore assets across the UK.

Discover SBM Offshore's record-breaking 2024 performance! Explore revenue milestones, growth opportunities, and a $35.1B backlog driving future profitability.

Brazil's Brava Energia will connect four more wells to its Atlanta field in the first half of 2025, as it starts shipping oil ...

Dutch oil and gas services firm SBM Offshore beat 2025 guidance expectations on Thursday, citing three new awards boosting its contract backlog.

The Agogo floating, production, storage and offloading (FPSO) unit is ready to set sail from Chinese shipyard to Azlue Energy ...

Record-level results, increasing total shareholder returnsHighlightsRecord Directional1 Revenue of US$6.1 billion ...

SBM Offshore NV has secured a contract from Petróleo Brasileiro S.A. (Petrobras) to study the application of carbon capture ...

SBM Offshore announces that FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving ...