May 5 (OE) Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has secured two contracts, marking its entry into Africa and Latin America and expansion of its footprint into new offshore energy markets. The first contract covers the deployment of a newly acquired vessel on a 170-day charter,... Continue Reading →
BP to complete three-well appraisal plan for Brazil’s Bumerangue in H1 2027
May 4 (Reuters) - BP plans to complete its three-well appraisal plan for the Bumerangue project in Brazil's offshore Santos basin by the end of next year's first semester, the firm's senior vice president for upstream in Brazil said on Monday. The company will move a rig to begin the appraisal between late 2026 and early... Continue Reading →
French Floating Offshore Wind Farm Starts Delivering Electricity
May 5 (offshoreWIND.biz) Ocean Winds (OW), the international offshore wind energy company created by EDP Renewables and ENGIE, has started electricity production at its 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind farm. With first power now delivered to the French grid, the project is already supplying renewable energy to homes... Continue Reading →
Petrobras has been included in the Dow Jones Best-in-Class Index for the second consecutive year
May 4, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that it has qualified for inclusion in the Dow Jones Best-in-Class World Index (DJ BIC) of the S&P Global Corporate Sustainability Assessment (CSA) for the second consecutive year. In this DJ BIC assessment cycle, Petrobras stood out in criteria related to Transparency and Reporting, Community... Continue Reading →
PRIO: April 2026 Operational Data
May 4, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of April. Key: (1) At the Valente cluster, the third producing well in the Wahoo field began production on April 6. The fourth well is expected to... Continue Reading →
Petrobras announces approval of the Production Individualization Agreements for the Sururu and Berbigão shared reservoirs
May 4, 2026 – Petróleo Brasileiro S.A. - Petrobras announces that it has been notified by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) on April 30, 2026, regarding the approval of the Production Individualization Agreements (AIP) for the Berbigão Shared Reservoir in Zone BVE-ITP/RJS-656 (Sururu) and the Zone BVE-ITD/RJS-697 of Berbigão (Berbigão),... Continue Reading →
Brazil broke another oil and natural gas record with 5.531 million barrels of oil equivalent per day (boe/d) production in March
May 4 - Brazil broke a record for oil and natural gas production in March, with 5.531 million barrels of oil equivalent per day (boe/d). The data was released May 4th by the ANP in its Monthly Oil and Natural Gas Production Bulletin. The previous record was in February 2026. Regarding oil, 4.247 million barrels... Continue Reading →
Exclusive: Power suppliers hesitate as Venezuela seeks grid repairs without payment guarantees
May 4 (Reuters) - When potential providers and financiers for Venezuela's electric industry, including Siemens Energy and GE Vernova, held meetings with officials in Caracas in April, questions of how they might get paid to shore up the country's deteriorated grid were top of mind, two sources involved in the talks said. Those executives came away... Continue Reading →
Trump Halts US Wind Farm Projects Citing National Security Risk
May 4 (Reuters) President Donald Trump's administration has brought U.S. onshore wind development to a halt, citing national security concerns, the Financial Times reported on Sunday. Approvals for about 165 onshore wind projects on private lands are being held up by the Pentagon, FT said, citing the American Clean Power Association and people close to the matter. The affected... Continue Reading →
Guyana Opposes Venezuela’s Claim on Oil-Rich Esequibo Region
May 4 (Reuters) Guyana has asked judges at the International Court of Justice to rule that Venezuela does not have a legitimate claim on the potentially oil-rich region around the Esequibo river, which has been the subject of a dispute between the Latin American neighbours since colonial days. "Facing a larger and more powerful neighbour's designs... Continue Reading →