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Oct. 9 - (splash247) Brazilian subsea services player Oceânica Engenharia has won a four-year contract worth around R$354m ($70m) from Petrobras. The new deal covers specialised offshore diving services and diverless operations using ROVs and associated subsea tooling. Oceânica said it could carry out work across up to four simultaneous service fronts, with operations expected... Continue Reading →
Oct. 9 - Brazil could reach an oil production level of 4.9 million barrels per day by 2036, while investments in the expansion and modernization of energy infrastructure are expected to total approximately R$ 3.3 trillion between 2027 and 2036. These projections are part of the Summary Report for the Ten-Year Energy Expansion Plan 2036... Continue Reading →
Oct. 9 - TechnipFMC has secured a contract with Petrobras to supply flexible pipeline systems for offshore projects in Brazil. The agreement, won following a competitive bidding process, involves developing solutions for various pre-salt fields. Classified by TechnipFMC as "significant," the contract is valued between US$ 75 million and US$ 250 million. The company booked... Continue Reading →
Oct 8 (Reuters) - Technology companies and utilities are increasingly exploring ways to make power-hungry data centers more flexible in when and how they consume electricity, helping ease the strain on US power grids as AI-driven demand surges. The strategy, called "demand response", involves data centers temporarily reducing or shifting electricity use during periods of... Continue Reading →
Oct 9 (Reuters) - US private equity firm Carlyle Group said on Friday it was no longer actively pursuing a deal to acquire international assets of Russia's second-largest oil producer Lukoil, a spokesman for the firm said. The group did not comment further. The assets were put up for sale last year following sanctions imposed... Continue Reading →
Oct. 8 (OE) EnerMech has secured a contract by Subsea7 to provide pipeline and subsea pre-commissioning services for the Ginger offshore development project in Trinidad and Tobago. The contract covers testing, flushing, hydrotesting, water filling, leak testing and commissioning support activities to prepare the project's subsea production system for operation. The scope will support both... Continue Reading →
Rio de Janeiro, October 8, 2026 – Petróleo Brasileiro S.A. (Petrobras) announces that it participated in the 4th Production Sharing Permanent Offer Cycle and the 6th Concession Permanent Offer Cycle promoted by Brazil’s National Agency for Petroleum, Natural Gas and Biofuels (ANP). In the 4th Production Sharing Permanent Offer Cycle, the company acquired the Azurita... Continue Reading →
Oct. 8 (OE) Rockhopper Exploration has agreed to invest $44 million to acquire a 35% interest in the OSX-1 floating production, storage and offloading (FPSO) vessel, which is planned for the accelerated development of the Sea Lion oil field in the North Falkland Basin. The company has entered into a subscription agreement to acquire ordinary... Continue Reading →
Oct. 8 (OE) Framo has signed a four-year agreement with Petrobras to inspect and maintain pumping systems across the Brazilian energy company's fleet of about 30 floating production, storage and offloading (FPSO) units, in what the Norwegian pump manufacturer said was its largest service contract of its kind to date. The agreement covers inspection, maintenance... Continue Reading →
Oct. 7 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of September 2026. Potiguar – The gradual production recovery continues to advance, driven by higher steam injection volumes. Papa-Terra – The PPT-52 well, part of the Company's... Continue Reading →
