Sun. Jun 21st, 2026

BW Energy and Petrobras have issued significant offshore project updates in their latest results statements, highlighting development plans for licenses in Gabon and capacity increases at floating production storage and offloading vessels operating in Brazil’s Santos Basin.

BW Energy has started the execution phase for the MaBoMo Phase 2 development project in the Dussafu license offshore Gabon. Four further production wells will likely be drilled from third-quarter 2026 onward, and planning continues for final investment decision of the Bourdon discovery, involving three initial wells and a development cluster. The company has also received the jackup rig that will be converted to a wellhead and drilling platform for the Maromba development in Brazil’s offshore southern Campos Basin. Offshore Namibia, the semisub Deepsea Mira continues drilling the Kharas-1 appraisal well, which spudded in mid-September.

Petrobras brought onstream seven new production wells in the Campos basin and four in the Santos basin in the third quarter of 2025. The FPSO Marechal Duque de Caxias on the Mero Field in the Libra Block produced 200,000 barrels per day on September 25, reaching 20,000 barrels per day above its nominal design capacity with the agreement of authorities. Earlier in October, the FPSO Almirante Tamandaré, which started up in February at the Búzios Field, also exceeded its nominal design capacity with official authorization. The output of 250,000 barrels per day is the largest for an oil-producing platform anywhere offshore Brazil.

Mooring activities continue for P-78, the seventh Búzios FPSO, which will provide an oil processing capacity of 180,000 barrels per day and a gas compressing capacity of 7.2 million cubic meters per day. The company expects first oil later this year.

Source: offshore-mag.com