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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…

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Aug 26, 2026

Oil prices fell more than $2 a barrel on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region.Brent crude futures LCOc1 fell $2…

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