Stavanger, September 17th 2026 - CoreMarine has completed the acquisition ofBravOcean, a Brazilian company recognized for its expertise, innovation andintegrated approach to offshore construction operations in Brazil. BravOceanprovides subsea installation support, project management services, and specialistpersonnel for complex, deepwater SURF projects. The acquisition accelerates CoreMarine's growth in Brazil, broadens its serviceoffering, and reinforces its position... Continue Reading →
Technip Energies picks up assignment on Mexican LNG project
Sept. 17 (offshore-energy.biz) French-based engineering player Technip Energies has been hired to work on a liquefied natural gas (LNG) export terminal in Guaymas, Sonora, on Mexico’s West Coast. Technip Energies has been selected by Amigo LNG, a Mexican joint venture between Texas-based Epcilon LNG and Singapore’s LNG Alliance, for an enhanced project management consultant (ePMC) role... Continue Reading →
Brazil drives Miros’ expansion in South America with double-digit offshore technology wins
Sept. 17 - Norwegian ocean technology company Miros has secured double-digit offshore technology wins across South America in 2026, strengthening its commercial momentum in the region. The wins were secured between Q1 and Q3 2026, with Brazil accounting for the majority of activity and further deployments linked to offshore operations in Guyana. This activity reflects... Continue Reading →
M&O and Belga Marine to Showcase Global Energy and OffshoreSolutions at ROG.e 2026
Rio de Janeiro, Brazil – September 17, 2026 – M&O and Belga Marine, willparticipate in ROG.e 2026, one of the leading meeting points for the globalenergy industry, taking place from September 21 to 24 at Riocentro, Rio deJaneiro. Together, M&O and Belga Marine will bring a diverse portfolio of internationaltechnology and service providers, showcasing solutions... Continue Reading →
Shale Oil Now Makes Up 72% of Argentina’s Crude Output, Data Shows
Sept. 16 (oilprice.com) Argentina's controversial right-wing president, Javier Milei, slashed inflation with a brutal dose of economic austerity, but this came at a steep social cost. The cost of living is spiraling higher, fueling household debt, loan delinquencies, and economic hardship. Industrial output, since Milei took office, has declined sharply, with local companies closing at... Continue Reading →
Petrobras signs 8 production sharing contracts in Côte d’Ivoire
Sept. 17 - Petrobras informs that its wholly-owned subsidiary Petrobras Netherlands B.V. (PNBV) has signed, with the Republic of Côte d’Ivoire and PETROCI Holding, Production Sharing Contracts (PSCs) for eight offshore exploration blocks located in the Republic of Côte d’Ivoire. The PSCs cover the offshore blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702. Petrobras, through PNBV,... Continue Reading →
MDL Completes Deepwater SURF Decommissioning Campaign in Campos Basin
Sept. 16 (PN) MDL has completed a SURF decommissioning campaign using its Wheeled Horizontal Lay System (WHLS) in deep waters off the coast of Brazil, in the Campos Basin. Carried out from a multi-purpose vessel, the project involved the recovery of flexible flowlines, umbilicals, and jumpers associated with a decommissioned FPSO. The client's name was... Continue Reading →
Petrobras raises diesel price, offsets increase with new Brazil subsidy
Sept 16 (Reuters) - Brazilian state-run oil firm Petrobras said on Wednesday it will hike diesel prices to distributors by an average of 1 real ($0.1941) per liter as of Thursday, while also giving a discount of the same amount. As a result of the moves, which followed the company's decision to enroll in a... Continue Reading →
GE Vernova, Vineyard Wind settle legal battle over New England wind farm
Sept 16 (Reuters) - Wind farm developer Vineyard Wind said on Wednesday it had resolved a legal dispute arising from turbine supplier GE Vernova's effort to walk away from its $4.5 billion project in New England over claims it was owed more than $300 million. As part of a settlement, GE Vernova said it had... Continue Reading →
Turkish Firm Unit Signs Venezuela Oil Production Agreement
Sept. 16 (OE) Çan2 Termik's subsidiary Minerosol Group has signed a 20-year operating and production agreement with Venezuela's PDVSA for the CEMA (Petrokariña) oil field, with a planned investment budget of $381.7 million over the contract period. The agreement grants exclusive rights and includes the right to an additional 20-year extension subject to approval. The... Continue Reading →