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A Thousand Times Forship

Starting a new year—one that also marks our 28th anniversary—is always a source of great satisfaction for the Forship Group. This journey highlights our resilience, our ability to overcome challenges, our excellence in everything we do, and, above all, the quality of our human capital. After all, it is people who make a company. Reaching the milestone of one thousand employees is also a major challenge, as it increases our responsibility. We have the same level of commitment to our team as we do to our clients and partners—a commitment we have honored for nearly three decades. This dedication is evident in every achievement reached in 2025: we returned to Africa with an important project in Liberia and further expanded our portfolio of projects and clients—some of whom have been with us for more than 10 or 15 years. There is no need to name names: everyone is a priority for the Forship Group. Internally, we have moved forward with key initiatives, such as the implementation of the Inclusion & Diversity Program, the publication of our first Sustainability Report, and the development of the IT Strategic Plan (PETI 2025–2028), which has already begun to be implemented. These are achievements that consolidate our trajectory in this highly challenging decade, which began with a devastating pandemic. We enter this new year confident that new challenges will come… and that many achievements also await us. Because now we are one thousand! Fabio FaresPresident and CEO of the Forship Group

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For a Healthy and Safe Team

We closed 2025 with SIPAT / Forship Run With a diverse program focused on essential topics related to employees’ health, safety, and well-being, SIPAT 2025, held in December, further reinforced the pillars of sustainability of our organization. With the theme Awareness and Care: our journey toward well-being, SIPAT began on the 7th with the second edition of the Forship Run— a corporate event aimed at integration and health promotion, which engaged 23 employees. Its main objective is to promote well-being, encourage healthy habits, strengthen team integration, and reinforce the culture of Safety and Health in a light and participatory way. Between the 8th and the 12th, SIPAT reached employees at headquarters and external units, reaffirming Forship’s commitment to health, safety, and well-being across all areas of operation. On the 8th, the topic was oral health, bringing together more than 103 participants. The following day, the focus was mental health—taking care of our most important tool. Road safety and financial health were the themes of the lectures held on the 10th and 11th. With around 400 participants throughout the daily sessions, SIPAT concluded on the 13th with a highly relevant topic: Circular Economy and Social Impact – The importance of your uniform to the environment.

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Forship’s Champion

A journey marked by discipline, humility, and perseverance One of the great joys of the Forship Group in 2025 was supporting athlete Erick Pereira Sales, known as “Cebolinha,” who won the championship title at the Abu Dhabi World Youth Jiu-Jitsu Championship 2025, held in November in the United Arab Emirates. Our athlete, who took gold in the Male Juvenile category, up to 48 kg, yellow belt, began practicing jiu-jitsu in 2020 at the age of 9 and has already accumulated dozens of medals in world, Pan-American, and South American tournaments. “Discipline and commitment are fundamental in sports. But support and sponsorship for athletes are also very important. That’s why it’s rewarding to have the support of the Forship Group to move forward on this journey of mine. And the fact that it’s the company where my father works makes it even more special!” says Erick Cebolinha. The son of our employee Ederson da Conceição Sales, Cebolinha also receives support from the community, in addition to the Forship Group. “Forship’s support reinforces the importance of social and family projects in the development of young athletes. It is another value that the company adds to its relationship with employees,” notes the proud father.

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Prevention Requires Integrated Action

Forship Reinforces Pink October + Blue November Campaigns Forship Group launched the corporate campaign “Taking care of yourself is taking care of everyone”, with the slogan “Health has no gender: prevention is for everyone”, unifying awareness initiatives on breast, cervical, and prostate cancer across all company operation sites. The initiative, developed by the Marketing, Human Resources, and Sustainability teams with support from the Executive Board, marks the first full implementation of the unified campaign model adopted after the 2023 rebranding. The integrated action includes lectures, discussion circles, themed safety dialogues (DDS), workplace stretching sessions, and the distribution of informational kits—T-shirts, eco-bags, keychains, and lip balm—along with other in-person activities across Forship’s various fronts. In addition, a corporate online lecture was held on November 17, open to all employees. Early Diagnosis The initiative ensured exemption from co-payment for breast exams (October) and prostate exams (November), aiming at early diagnosis. Records and results from the initiatives will be consolidated into a corporate report to monitor impact and engagement. For the company, the campaign reinforces the integration of health, safety, and the ESG pillar, incorporating self-care into daily work routines.

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Connections That Inspire Trust

It’s always good to hear that someone spoke well of us to a person we’ve never met. Even better when that recommendation crosses oceans and reaches a corporation on the other side of the world, recognizing our expertise without any prior direct contact. It was precisely this kind of trust that opened the door for us to secure a consulting contract with the Japanese giant Itochu, related to a historic pre-salt asset, the FPSO Cidade de Paraty, the second permanent production system in the pioneering Tupi field, in the pre-salt. This contract is a milestone that reinforces our international reputation and our ability to deliver excellence at any latitude. As we celebrate this new partnership, we are also expanding our collaboration with Edge in the São Paulo Regasification Terminal (TRSP, in Portuguese), strengthening a long-term relationship based on results, innovation, and a commitment to operational safety. These are developments that reflect not only growth, but consistency. And because taking care of our connections also means taking care of our people, we are reinforcing our engagement in the Pink October and Blue November prevention campaigns. Promoting health and well-being is an essential part of our culture, and we believe that healthy environments begin with conscious actions. We continue connecting competencies, people, and purpose—proud of who we are and confident that we are ready to go even further. Fabio FaresPresident & CEO of the Forship Group

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My journey at Forship

I started at Forship in January 2023 as an Operator 2 at the TRSP. From the beginning, I was challenged to learn the operation without finalized diagrams, which required a hands-on attitude and determination. I soon began supporting the Procurement department, taking part in essential purchases for the start of operations and realizing how crucial integration between areas truly is. My promotion to Operator 3 deepened my knowledge of processes and systems, while I balanced work with my Production Engineering degree, applying what I learned directly to my daily routine. In January 2024, I took on the role of Operations Supervisor at a critical moment: commissioning, implementation of the shift schedule, arrival of the FSRU, and the first regasification. I participated in audits and inspections that ensured the necessary licenses, reinforcing my commitment to safety and compliance. I led the Emergency Drill, coordinating internal teams and external authorities, an event that received strong coverage in the regional press. These experiences have shaped a comprehensive view of operations, where technical expertise, management, and collaboration come together to generate results. Every challenge overcome is a step forward in my professional development.

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The Legacy of Forship Day

Each edition strengthens our culture, purpose, and vision for the future The 5th edition of Forship Day, held in July and 100% online, leaves behind an inspiring legacy for all of us. With over 200 employees connected — including many who were offshore — we experienced moments of learning, reflection, and connection that reinforced the Pride of Being Forship and our commitment to innovation, excellence, and sustainability. Human capital is, without a doubt, the driving force behind the Forship Group. That’s why it is essential that every employee understands the company’s vision for the future, is familiar with the goals and objectives of our strategic plan, and is aligned with the challenges and achievements that propel us forward. This is why sharing the various ongoing projects is so important — to give our people a broader view of what we’re accomplishing, the challenges we’ve overcome, and the lessons we’ve learned along the way. Now more than ever, it is critical that everyone masters and makes good use of the technological tools — whether proprietary or third-party — that underpin the quality of our services. And that we remain engaged with the ESG guidelines that guide us toward a more ethical, responsible, and sustainable future. But Forship Day went further. In an environment of exchange and integration, we reaffirmed our commitment to diversity, equity, and inclusion with the launch of the Diversa+ Forship program. We believe that it is our diverse cultures, backgrounds, experiences, and dreams that have enabled us to overcome challenges throughout our 27-year history. We move forward together — strengthened and inspired — ready to build the future of Forship with collaboration, respect, and innovation. Fabio FaresPresident and CEO of the Forship Group

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Dialogue in Progress

It all started with the “Direct Talk with Supervisors” (PDS) Strengthening communication and alignment in the Petrobras client projects at UN-BS and UN-ES was the goal of initiatives aimed at establishing a permanent dialogue with Forship Group employees. The first of these initiatives was the Direct Talk with Supervisors (PDS). “We identified the need to talk with supervisors about the responsibilities they hold in managing the contract,” explains coordinator Sebastião Filho. “That’s how PDS was born. Questions from the teams on administrative matters motivated us to create PDE (Direct Talk with the Team). The two are complementary,” adds the coordinator of the initiative, which is led by project managers Marcelo Casanova (UN-BS) and Pedro Henrique Alcântara (UN-ES). Established Benefits PDS began in September 2024 with the UN-ES project team, and a month later with the UN-BS team. Through weekly remote meetings, which ensures broad and flexible participation, 44 meetings have been held so far with 19 supervisors from the UN-ES area, and 40 meetings with 28 supervisors from UN-BS projects. The main benefits include: greater integration between supervisors, management, and peers from other platforms; standardization of activities and best practices across contracts; faster information exchange regarding materials, training, and audits; and a reduction in communication gaps between the operational team and supervision. Lessons Learned “The exchange of information between project management and supervisors is encouraging greater integration, a shift in attitude, and an easier understanding and fulfillment of contractual items,” notes Sebastião Filho. “In one of the meetings, a supervisor brought up a problem with no apparent solution. A colleague quickly shared a similar experience and the solution they had implemented. This kind of collaborative exchange illustrates the value of PDS in promoting synergy and agility in problem-solving,” he adds. According to him, there is still potential to further enhance the PDS by expanding the agenda to include success stories and lessons learned; conducting quick post-meeting surveys to gauge satisfaction and identify areas for improvement; and promoting cross-mentorship sessions between senior and junior supervisors. “Through these actions, we will continue to improve the direct communication channel with our supervisors, ensuring efficiency, transparency, and excellence in project management,” he concludes.

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