Indonesia’s state-owned oil company explores investments in Guyana, Suriname

Sept.18 (oilnow.gy) Indonesia’s state-owned energy company PT Pertamina is exploring upstream oil and gas investments in Guyana and Suriname to secure more reliable energy sources. Indonesia’s Ministry of Foreign Affairs confirmed that the company has started preliminary discussions on exploration and investment opportunities in the two South American countries. Indonesian state news agency ANTARA News... Continue Reading →

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OceanPact and CBO complete business combination, with a contract backlog exceeding R$ 14 billion

Sept.17 (PN) OceanPact and CBO confirmed this week the completion of their business combination, following final approval from the Administrative Council for Economic Defense (Cade) and the fulfillment of other conditions precedent. With the integration, CBO becomes part of OceanPact, while the Shipping unit is renamed OceanPact CBO. Upon completion of the transaction, the combined... Continue Reading →

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CoreMarine takes a decisive step to expand its offshore footprint in one of the world’s most active subsea markets

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 →

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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 →

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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 →

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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 →

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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 →

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