Secure Local Spares and Reinforce Framework Protections for O&M

The work under the agreement will be delivered through the Baker Hughes Service Center in Nigeria’s Port Harcourt, which employs local talent, providing a range of comprehensive lifecycle services

The work under the agreement will be delivered through the Baker Hughes Service Center in Nigeria’s Port Harcourt, which employs local talent, providing a range of comprehensive lifecycle services. Baker Hughes recently lined up multiple deals across geographies, including an assignment with Petrobras for the expansion of integrated well construction operations across Brazil’s pre-salt offshore oil and gas fields

The 13-year service agreement will support the operational performance of the new Train 7 project, which is set to increase the facility’s total LNG production capacity from 22 to 30 million tonnes per annum (mtpa) upon completion. Adeleye Falade, Nigeria LNG’s Managing Director and Chief Executive Officer, commented: “Utilizing Baker Hughes’ industry-leading lifecycle services and digital expertise will help support the successful long-term operation of our Train 7 project

The FPSO completed the charter contract in May 2026. ​ This FPSO is planned to undergo ship recycling at a facility in Denmark in accordance with applicable regulations, including the EU Ship Recycling Regulation and the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships

Home Fossil Energy MODEC’s FPSO reaches recycling yard after finishing Brazilian assignment June 30, 2026, by Japan’s MODEC has confirmed the arrival of a floating production, storage, and offloading (FPSO) vessel at a ship recycling facility in Denmark, following the completion of the unit’s work at an oil field off the coast of Brazil

The Japanese giant was in charge of executing engineering, procurement, construction, installation, and commissioning (EPCIC) on a turnkey basis for the FPSO, which was contracted by Petrobras for the Marlim Leste development

“This financing structure demonstrates SBM Offshore’s ability to deliver innovative, long-term funding solutions for our clients and provides a scalable solution for potential new lease and operate projects

Douglas Wood, CFO of SBM Offshore, commented: “We welcome the signing of the project financing of FSO Chalchi, marking our first transaction combining commercial banks, institutional investors and support from an export credit agency. “This financing structure demonstrates SBM Offshore’s ability to deliver innovative, long-term funding solutions for our clients and provides a scalable solution for potential new lease and operate projects

The Dutch giant emphasizes that the project financing will be drawn during the construction period and will become non-recourse after the FSO has started operations

Bradken is continuing to evolve its capabilities through advanced technology. Image: Bradken Proven performance outcomes The Bassendean facility has increased production capacity for fixed plant and rotable products across Western Australia while simultaneously reducing customer lead times

Safety remains a fundamental principle, with all solutions designed to ensure safe execution, not only within Bradken’s operations, but also for customers in the field, creating a lasting safety legacy

Image: Bradken Proven performance outcomes The Bassendean facility has increased production capacity for fixed plant and rotable products across Western Australia while simultaneously reducing customer lead times. Delivery performance now exceeds 90 per cent on-time delivery in full (DIFOT), with further gains expected as systems and processes are fully embedded