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Rio de Janeiro: Floating production specialist SBM Offshore has been awarded letters of intent for the 20 year charter and operation of two FPSOs by a Petrobras-led consortium.

Rio de Janeiro: Modec, Mitsui, MOL and Marubeni Corporation are to collaborate in a long-term charter business for the provision of an FPSO conversion, for operation off the coast of Brazil.


Rio de Janeiro: Wärtsilä is to become one of the growing number of companies to set up a manufacturing plant in Brazil, 300km North of Rio de Janeiro.

Oslo: STX OSV reported falling profits and revenues in its 2012 fourth quarter and full year results.

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