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Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

Aug 27, 2026

Singapore's Seatrium is preparing for the sailaway of two floating production, storage and offloading (FPSO) units for Brazil's Petrobras, with the P-80 and P-82 vessels scheduled to depart within weeks of each other.The two vessels were marked at a christening ceremony at Seatrium's Tuas Boulevard Yard in Singapore and will head to Brazil's Búzios field in the pre-salt Santos Basin.P-80 and P-82 will be the ninth and tenth FPSOs deployed in the Búzios field development…

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

5 hours ago

Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies…

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Sep 08, 2026

Oil prices hit multi-week highs on Tuesday after Iran-backed Houthis attacked Saudi energy facilities and Tehran threatened the United States with 'economic warfare'.Brent crude futures LCOc1 were up $2.00, or 2.06%, at $99.00 a barrel by 0800 GMT…

Current News

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Oil Climbs on US Storm Threat, Saudi Attack Risks

Oil Climbs on US Storm Threat, Saudi Attack Risks

KBR to Support Aramco’s Marjan Offshore Field Upgrade

KBR to Support Aramco’s Marjan Offshore Field Upgrade

Oil Industry Braces for Years of Market Disruption

Oil Industry Braces for Years of Market Disruption

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

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