Norwegian maritime technology group Kongsberg Maritime has inked a deal with Malaysian FPSO operator Yinson to deliver electrical and control technologies for a floating, production, storage, and offloading (FPSO) vessel, which will operate for Petrobras off Brazil, upon completion.

Brazilian oil and gas giant Petrobras has revealed its intention to invest $16 billion in the Campos Basin revitalization project, planning to install three new FPSOs and interconnect more than 100 wells over the next five years. The company has also set its sights on investing $5.5 billion in oil and gas extraction activities, hoping to unlock new discoveries in Brazil.

Singapore’s Keppel Offshore & Marine, through its subsidiary Keppel Shipyard, has been awarded contracts worth around S$250 million (about $181 million) from repeat customers for the integration of two floating production storage and offloading (FPSO) vessels.

Oil majors Shell and TotalEnergies have paid $1.1 billion and about $947 million, respectively, for an increased stake in the Petrobras-operated Atapu field located offshore Brazil.

Canada has issued new environmental measures to strengthen the country’s discharge requirements for cruise ships operating in waters under Canadian jurisdiction during the 2022 cruise season.

Offshore drilling contractor Seadrill has announced a new contract has been secured by Sonadrill, Seadrill’s 50:50 joint venture with an affiliate of Angola’s Sonangol.

U.S. offshore vessel operator Tidewater has completed the acquisition of Singapore’s Swire Pacific Offshore, adding 50 vessels to its fleet.

Perenco has submitted plans to decommission four gas platforms in the UK North Sea

Petrofac revealed that the Abu Dhabi National Oil Company (ADNOC) cancelled two contracts for the Dalma Gas Development Project.