Nov. 3 - The P-78 platform, installed in the Búzios field in the pre-salt area of the Santos Basin, reached the mark of 180,000 barrels of oil per day on Saturday (10/31), corresponding to the unit's nameplate capacity. Located 180 km off the coast of Rio de Janeiro, the Búzios field is Petrobras' largest producing... Continue Reading →
BP Finds Hydrocarbons in Brazil’s Tupinambá Offshore Block as Drilling Continues
Nov. 4 (OE) BP has identified hydrocarbons in an exploration well at the deepwater Tupinambá block in Brazil's Santos Basin, where Shell's 50% working interest remains subject to regulatory approval. The company informed Brazil's National Agency for Petroleum, Natural Gas and Biofuels (ANP) of the hydrocarbon presence in well 1-BP-14-SPS, located 275 kilometers off the... Continue Reading →
PRIO Oct. 2026 Operational Data
November 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and unaudited Operational Data for the month of October. November 3, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and unaudited Operational Data... Continue Reading →
US billionaire leads swap plan to buy Lukoil’s overseas assets, sources say
Nov 3 (Reuters) - A consortium led by US billionaire Todd Boehly is preparing a securities swap to acquire sanctioned Russian oil major Lukoil's international assets and a deal is expected within weeks, four people close to the sales process said. A bank acting on behalf of the consortium has purchased billions of dollars of... Continue Reading →
Brazil wraps up COP30 with fossil fuel, forest roadmaps, urging shift from talks to action
Nov 3 (Reuters) - Brazil is ending its year-long presidency of the UN climate process with roadmaps aimed at curbing deforestation and accelerating a shift away from fossil fuels to help governments deliver on past climate agreements. COP30 President Andre Correa do Lago, who led last November's UN climate summit in Belem, said governments must... Continue Reading →
YPF CEO says contracts for Argentina LNG are being signed in Europe, Asi
Nov 3 (Reuters) - Horacio Marin, CEO of Argentinian energy company YPF, said on Tuesday that offtake contracts for the Argentina LNG project it is building with the UAE's XRG and Italy's Eni were in the process of being signed in Europe and Asia. Marin said construction of the planned 12 million metric ton a... Continue Reading →
BW Offshore gets Norwegian funding boost for floating wind ambitions
Nov. 3 (splash247.com) Norwegian floater specialist BW Offshore is planning to deploy two of the world’s largest floating wind turbines on its BW Ideol foundations after its Fram Wind Solutions joint venture secured NOK1.94bn ($210m) in state funding support. The 37 MW project will feature two 18.5MW turbines installed on BW Ideol’s patented Damping Pool... Continue Reading →
Dominion Energy Installs 44 Turbines at Virginia Offshore Wind Project
Nov. 2 (OE) Dominion Energy's 2.6 GW Coastal Virginia Offshore Wind (CVOW) project has reached approximately 85% overall completion, with 44 of its planned 176 wind turbines installed and work on the 45th underway. The latest milestone marks an increase from 81% overall completion reported at the end of July, when 31 turbines had been... Continue Reading →
Trump touted a record Venezuela oil deal. Now reality is setting in
Oct 30 (Reuters) - President Donald Trump called it the biggest oil deal in history: 17 Venezuelan oilfields holding some 64 billion barrels of reserves, handed to a single company. Delivering on it falls to North American Blue Energy Partners, a little-known firm led by Venezuelan businessman Alejandro Betancourt, who was until recently a target... Continue Reading →
Oceanity bags Petrobras charter for oil spill response vessel
Nov. 2 (splash) Offshore vessel operator Oceanity, formerly known as CMM Offshore, has secured a four-year charter contract with Brazilian state-controlled oil major Petrobras for its fast oil spill response vessel CMM Purity.Oceanity subsidiary, CMM Offshore Brasil, signed the contract, which covers deploying the specialised vessel to support Petrobras’ offshore operations. The financial terms, commencement... Continue Reading →