Veolia Water Technologies has been awarded a multi-million dollar contract from Seatrium to provide advanced seawater desalination solutions for two Petrobras FPSOs in the Santos Basin.
The contract includes project engineering, procurement, equipment supply and installation.
The project will serve Petrobras’ P84 and P85 FPSOs, with each platform having the capacity to process 225,000 barrels of oil and 10mn cubic metres of gas a day. These require sophisticated water management solutions to minimise environmental impact while maximising production efficiency, according to Veolia.
Oil and gas production relies on treated, desalinated seawater to be injected into reservoirs through sulphate removal units (SRU). The project will include a state-of-the-art SRU system for water injection production, featuring Veolia’s ZeeWeedTM Ultrafiltration and SWSR Series Nanofiltration membranes. These advanced systems will reliably process 1,960 cubic metres per hour of water per platform. By removing harmful sulphates and other ions, this technological solution protects reservoirs and flowlines while reducing the environmental footprint of injection operations and ensuring optimal performance.
As well as enhancing oil recovery, Veolia’s technology also helps to prevent well souring and scale formation, thereby extending the life of the infrastructure and aligning with the industry's push toward more responsible practices in offshore operations.
Anne Le Guennec, CEO of Water Technologies at Veolia, commented, “This strategic partnership with Seatrium exemplifies how our advanced desalination technologies can drive both operational excellence and environmental responsibility in offshore energy production. Through our innovative solutions, we're helping secure vital energy needs while minimising environmental impact. We are particularly proud to support Seatrium and Petrobras in the energy sector's journey toward more efficient and environmentally conscious operations.”
MODEC has been awarded a contract by ExxonMobil Guyana to develop a floating production, storage and offloading (FPSO) vessel for the Hammerhead project.
MODEC will be delivering the contract in two phases, starting with front-end engineering and design (FEED) for phase one, followed by engineering, procurement, construction and installation (EPCI) for phase two.
Awaiting relevant government and regulatory approvals, the contract currently stands as a limited notice to proceed (LNTP) by ExxonMobil Guyana. This allows MODEC to begin the designing-related activities to meet the project startup deadline in 2029 following approvals. The second phase is subjected to further approvals as well as project sanction by ExxonMobil Guyana Limited and its Stabroek Block co-venturers.
Simultaneously, the Operations and Maintenance Enabling Agreement (OMEA) for MODEC’s Guyana fleet has been established to enable the operations and maintenance of multiple FPSOs under a long-term contractual arrangement.
The Hammerhead FPSO will have the capacity to produce 150,000 barrels of oil per day (bopd), along with associated gas and water. It will be moored at a water depth of approximately 1,025 meters using a SOFEC Spread Mooring System.
MODEC Group President and CEO, Hirohiko Miyata, said, "We are incredibly honored and excited to have been awarded this contract. It is a testament to our team's dedication, expertise, and commitment to delivering innovative and reliable offshore floating solutions. We look forward to collaborating closely with ExxonMobil Guyana to ensure the successful delivery of this second FPSO, contributing to the advancement of the offshore energy sector in Guyana."
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Boasting an operational capacity of 180,000 barrels of oil, the floating production storage and offloading facility (FPSO) Alexandre de Gusmao has begun production activities for Shell Brasil in the Mero field in the Santos Basin offshore Brazil.
Its exceptional oil production capacities besides, the FPSO will also be able to generate 12 mn cu/m of gas compression per day (Shell share 19.3%) following its connection to 12 wells as part of the Mero-4 project.
The FPSO is located 180 kilometres from the coast of Rio de Janeiro in a water depth of approximately 2,000 metres.
“Mero-4 is the latest example of how we are working with our partners to unlock value from world-class reservoirs, sustaining material liquids production and providing for the world’s current energy needs,” said Peter Costello, Shell’s Upstream President. “Our Brazil portfolio features long-life assets with high flow rates, resulting in some of our most competitive barrels on both operating cost and carbon footprint.”
The unitised Mero field is operated by Petrobras (38.6%), in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pre-Sal Petroleo SA (PPSA) (3.5%) representing the Government in the non-contracted area.
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The global slickline services market size is expected to reach US$ 8.23bn in 2025, rising to around USD 12.56bn by 2034 at a CAGR of around 2.79%, according to a new report from Custom Market Insights.
According to the report, the offshore segment is dominating the slickline services market as the demand for well intervention in deepwater and ultra-deepwater oilfields, such as Brazil's pre-salt reserves, is increasing.
The report highlights that as oil and gas reservoirs become deeper and more complex, operators are turning to digital slickline solutions for improved efficiency, data acquisition, and automation due to the constraints of traditional mechanical slickline techniques.
Operators are incorporating fibre-optic slicklines, memory tools, and automated control systems that allow for real-time data collection and predictive maintenance. The evolution is transforming the marketplace, enabling oil and gas organisations to remotely monitor well conditions and minimise operational risks.
Digital slickline solutions offer operators immediate access to well data, enhancing well diagnostics as operators can track downhole conditions more rapidly and with improved accuracy, and enabling better and faster decision-making.
The integration of automation and AI is another notable trend driving the slickline services market, the report notes. Automation improves accuracy, reduces human errors, and improves operational efficiency by minimising the need for human involvement.
Predictive analytics use AI to allow operators to predict which equipment will fail and when, allowing them to optimise timing of an intervention, and thereby saving costs. For example, Total Energies and Shell are deploying AI-enabled monitoring systems during offshore operations to ensure the reliability and efficiency of well intervention activities.
As a result, there has been a trend toward robotic slickline units, especially in more remote and dangerous environments where worker safety is a particular concern.
However, such innovations are expensive, proving a constraint to widespread adoption, especially by smaller service providers. This needs to be balanced against the long-term return on investment through improved efficiency, reduced downtime and more accurate well diagnostics.
In the race for innovation in slickline services, industry giants are now investing heavily in next-generation solutions that promise to reshape the slickline landscape, thus strengthening well intervention around the world.
With key approvals received and multiple contracts in place, Woodside is advancing towards first oil production from its Trion project offshore Mexico in 2028.
"Since the final investment decision, our teams have tackled challenges head-on, reaching major milestones and entering the fabrication phase," said Stephane Drouaud, Vice President, Trion, while acknowledging the Trion team's dedication and drive in making the project happen.
Three floating production unit (FPU) topside modules are undergoing fabrication work in Ulsan, South Korea. Steel cutting required to prepare the floating storage offloading (FSO) vessel disconnectable turret mooring system (DTM) has been taken care of at the Cosco Shipyard in Qidong, China.
Transocean's Deepwater Thalassa has been hired to spearhead the drilling campaign set for Q1 2026.
Another drilling contract has been reached with SLB to secure the delivery of 18 ultra-deepwater wells over three years. It is also supplying subsea horizontal trees, controls and topside equipment, with manufacturing underway.
Meanwhile, the local teams have made progress on the regulatory front. The environmental permit application has been submitted, and work is underway on the HSE management system permit application.
“We are proud to be a part of Mexico’s energy future,” Stephane said.
“With our ‘one team, one goal’ mindset, I am confident we will continue making history as we deliver Mexico’s first ultra-deepwater development.”
The Trion field lies 180 km off the Mexican coast at a water depth of 2500 m and was discovered by Mexican National Oil Company PEMEX in 2012.
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Subsea 7 has won a significant contract from Petrobras via a competitive tender, for the development of the Buzios 11 field offshore Brazil
The company will be providing engineering, procurement, fabrication, installation, and pre-commissioning of 112 km rigid risers and flowlines system for the field development.
While the company will be initiating project management and engineering work from its offices in Rio de Janeiro, Suresnes and Sutton, it will handle pipelines fabrication from its spoolbase in Brazil.
Located approximately 180 kms off the coast of Rio de Janeiro, Brazil, at 2,000 metres water depth in the pre-salt Santos basin, activities on the site will take place in 2027 and 2028.
Yann Cottart, Senior Vice-President Brazil and Global Projects Centre West said, "This award again underscores Subsea7’s proven expertise in delivering complex, world-scale size projects, reinforcing our strong execution capabilities and commitment to operational excellence and safety.
"With a solid backlog and a diverse portfolio, we continue to drive value for our shareholders while further contributing to Brazil’s development. We thank Petrobras for their trust and look forward to once again playing a significant role in the success of the Buzios field."
Seamless tubular solutions provider, Vallourec is also contributing in the Petrobras-operated Buzios project.
Seamless tubular solutions provider, Vallourec, has been chosen by Allseas to supply line pipes for Buzios 10 offshore project located at the Petrobras-operated Buzios field.
The risers and flowlines for the project will be made of Vallourec's 18,000 tons of subsea seamless premium carbon steel line pipes. The contract also extends beyond this initial offering to also leave scope for an aditional 5,000 tons approximately.
The Buzios field that is situated off the coast of Rio de Janeiro is one of the world's largest deepwater fields under Petrobras' name. Undoubtedly one of the company's most important portfolio, five additional units from the site are being worked upon so that they can start production to meet optimisation targets by 2028.
The services of a centralised digital portal by Vallourec called the Pipe Navigator solution will also be a part of the contract, offering the client a holistic idea of its line pipe projects via instant up-to-date contractual documentation, data and analysis. The entire production will be carried out at Valourec's facility in Jeceaba (Minas Gerais, Brazil) to ensure high local content and a reduced carbon footprint.
Philippe Guillemot, Group's Chairman and CEO, said, “This contract reinforces our strategic positioning in Brazil, one of our key markets for complex offshore projects. It also serves as legacy to our ability to deliver premium tubular solutions, fully manufactured in Brazil. This contract also validates the investment strategy implemented over the past three years to enhance our industrial performance and meet the most demanding requirements of our customers.”
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Petrobras-contracted PA-38 jack-up platform has arrived in the Sergipe Basin to initiate well decommissioning activities in the Guaricema field, in shallow waters, approximately 9km from the coast.
These are in line with Petrobras' US$1.7bn-worth Facilities Decommissioning Programme in Sergipe that falls under the company's Strategic and Business Plan for the period 2025 to 2029.
With legs measuring almost 150 meters in height (equivalent to a 42-story skyscraper) and weighing 12,700 tons (equivalent to more than 12,000 popular cars), the self-elevating platform will perform intervention activities in oil and natural gas wells for their deactivation and capping. The initial campaign will last approximately seven months, with subsequent movement to other wells.
“Petrobras is advancing its decommissioning processes in the Sergipe Basin, a natural step for assets with more than 25 years of production in a mature industry such as Brazil’s oil and gas industry. All work is being conducted using the best techniques and in line with current regulations,” said Carlos Castilho, Petrobras’ General Manager of Decommissioning Projects.
The decommissioning of as many as 26 production units will be initiated by Petrobras in Sergipe, unlocking opportunities to the industry and the local supply chain. The Sergipe Basin is the second with the largest volume of investments in decommissioning in the country, right after the Campos Basin, which occupies the first position. Petrobras' operational unit in the region, headquartered in Aracaju, is dedicated to decommissioning operations in the Sergipe-Alagoas, Rio Grande do Norte and Ceara Basins.
Bermuda-headquartered BW Energy has announced final investment decision (FID) for the US$107mn Golfinho Boost project, which aims to increase uptime, reduce operating expenses and add around 3,000 bpd of incremental oil production from 2027 at the Golfinho field, offshore Brazil.
The project includes a number of measures aimed at boosting production efficiency and increasing recoverable reserves by approximately 12mn barrels. They include upgrades to the subsea boosting system by replacing gas lift with Electrical Submersible Pumps (ESPs) at the seabed, reopening of shut-in wells, umbilicals replacement, improved field logistics and FPSO capacity enhancements.
This follows the extension of BW Energy’s Golfinho licence by Brazilian oil and gas regulator ANP. The production phase under the Golfinho concession contract has been extended to 2042 from 2031 previously, following ANP’s approval of the company’s field development plan in November 2024.
“BW Energy continues to strengthen its position in Brazil through targeted measures on the Golfinho field to increase production, uptime and operational independence. The planned low-risk enhancements to field assets and operations offer very attractive returns and are expected to help unlock material long-term value creation for the company and its stakeholders,” said Carl K. Arnet, CEO of BW Energy.
The Golfinho field, which has been producing since 2007, is in the Espírito Santo Basin with water depths between 800 and 1,700 metres. BW Energy is the operator with 100% working interest in the Golfinho licence following the August 2023 acquisition of the Golfinho and Camarupim Clusters. Hydrocarbons are produced to the FPSO Cidade de Vitória, which BW Energy acquired and has operated since November 2023.
Hanwha Drilling's new deepwater drillship under Hanwha Ocean's banner is now known as the Tidal Action, following its naming ceremony in South Korea.
Designed to reach drilling depths of up to 12,000 m in waters running 3,600 m deep, the Tidal Action is gearing up to serve Constellation Oil Services and Petrobras offshore Brazil, where drilling operations are set to start before the year ends. The dynamically positioned vessel can support 20,000-psi blowout preventers (BOPs). It is equipped with DP3-certified thrusters, generous deck space, and load capacities, along with dual derricks to support heavy drilling activity and efficiency.
Considering its "history of operational performance, quality people and excellent relationships with its customers", Hanwha Drilling has partnerered with Constellation who will be managing the Tidal Action drillship for Petrobras. Hanwha Drilling acknowledges the contract as a milestone for the company and an ideal fit for Tidal Action, given the scope of work and timing.
Besides Tidal Action, the Laguna Star drillship which belongs to Constellation's fleet will also be deployed for Petrobras. Ready for operation following necessary adjustments and inspection, the Laguna Star vessel will be capable of drilling in water depths of up to 10,000 feet, with a drilling depth capacity of up to 40,000 feet.
The 2012-built sixth-generation Laguna Star ultra-deepwater DP drillship was constructed at Samsung Heavy Industries shipyard in South Korea.
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Constellation Oil Services Holiday (Constellation) has won a new contract with Petrobras for the deployment of a jackup drilling rig for a P&A campaign in the shallow waters of four Brazilian basins.
The agreement has a total value of US$170mn for P&A work in the Sergipe, Alagoas, Ceará and Potiguar basins being carried out by the Admarine 51 rig. The rig will be run and operated by Constellation, which will have up to 210 days to mobilise the rig from its current location in Bahrain to the Brazilian waters, where it will remain for 1,143 days (over three years) with the option to extend up to 472 days.
Rodrigo Ribeiro, CEO of Constellation, said, “We are excited to announce the signing of this new contract, marking our strategic return to shallow water operations and our entry into a promising market segment. This project is the second third-party owned asset to be operated by Constellation, aligning with our core competencies as Drilling Contractors and playing a vital role in Petrobras' ambitious decommissioning plans. The initiative will progress in stages, commencing with the P&A of a significant number of wells currently connected to these fixed platforms.”
Shell Brasil Petroleo Ltd has reached a final investment decision (FID) with Modec Inc for a floating production storage and offloading (FPSO) vessel to be deployed at the Gato do Mato oil field, offshore Brazil.
The partners have a purchase and sales agreement that allows Modec to cover operations and maintenance of the FPSO for a period of 20 years with Shell. This follows the front-end engineering design (FEED) contract in March 2024 that has already been delivered.
The new agreement makes Modec responsible for the design of the hull and all related topsides facilities for the FPSO before mooring it with the help of a Sofec Spread Mooring system. Once moored at a water depth of approximately 2,000m, around 200km South of Rio de Janeiro, FPSO Gato do Mato will be capable of producing 120,000 barrels of oil per day (bopd), as well as associated gas and water. The produced stabilized crude will be stored in the FPSO tanks, and the oil will be offloaded to shuttle tankers to go to market.
Modec's 19th project in Brazil and the second for Shell, the FPSO Gato do Mato will feature a new built, custom-made next generation hull, designed on the basis of a 25-year shelf life.
The FPSO Gato do Mato will be the 19th FPSO to be developed by MODEC for Brazil. It will be the second unit to be delivered directly to Shell by MODEC for operation in Brazil.
The FPSO agreement comes soon after Shell took the FID for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil.
The Gato do Mato Consortium includes Shell (operator with a 50% stake), Ecopetrol (30%), TotalEnergies (20%) and Pré-Sal Petróleo S.A. (PPSA) acting as the manager of the production sharing contract (PSC). It is said that the estimated recoverable resource volumes from the site can reach upto 370 mn barrels.
“Gato do Mato is an example of our ongoing investment in increasingly efficient projects,” said Zoe Yujnovich, Shell’s Integrated Gas and Upstream Director. “The project contributes to maintaining stable liquids production from our advantaged Upstream business, and expands our leadership as the largest foreign producer in Brazil as we continue working to provide for the world’s energy needs well into the future.”
The consortium anticipates that the Gato do Mato field will commence operations in 2029.
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