Singapore shipyard groups Keppel FELs and Sembcorp Marine (SembMarine) have strongly refuted reports of paying bribes to embattled Brazilian state oil and gas firm Petrobras.
SBM Offshore is to pay $240m to the Dutch Public Prosecutors Office (Openbaar Ministerie) in an out-of-court settlement over the alleged payment of bribes in Equatorial Guinea, Angola and Brazil.
Brazil’s Petrobras, a major producer and exporter of low-sulphur fuel oil (LFSO), is not ready to invest in producing more of the cleaner fuel to meet potentially higher demand ahead of the IMO sulphur regulation.
Brazilian offshore operator Wilson Sons has signed for a duo of Damen PSV 5000s to be chartered to Petrobras.
SapuraKencana Petroleum has had a good start in Brazil, launchiing its first pipe-laying support vessel (PLSV) for state-run Petrobras off Brazil, more than three months ahead of schedule.
Nippon Yusen Kaisha (NYK) is making further inroads into offshore as part of a joint venture that will provide an additional two FPSOs to Petrobras on long-term charter.