(offshore-energy.biz) The global offshore energy industry’s floating production solutions have come a long way from their humble beginnings and seem to be poised to continue their evolution driven by the need to tap deeper into challenging offshore environments buttressed by growing energy demand, rising security of supply concerns, and increasing climate change prompts to pivot... Continue Reading →
Foreign Investment Fuels Colombia’s Green Energy Revolution
(Oilprice.com) Colombia is a major producer of oil and gas and is steadily developing its renewable energy industry. In 2016, the South American state launched its Energy Plan 2050, aimed at diversifying the country’s energy mix to include wind power plants, solar PV, and geothermal energy generation, and ensure a reliable energy supply in the... Continue Reading →
Brazil Real Caps 21% Yearly Rout Despite Central Bank Push
(Bloomberg) -- Brazilian assets finished the year lagging all major peers, with the real posting its biggest slump since the pandemic shock of 2020 amid mounting skepticism over President Luiz Inacio Lula da Silva’s commitment to fix a ballooning budget deficit. The real weakened 21% against the US dollar this year, the worst among 31... Continue Reading →
Brava Energia – Start of the FPSO Atlanta production
BRAVA ENERGIA S.A. (“BRAVA” or "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, in sequence of the Material Fact disclosed on December 30, 2024 regarding the authorization of the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) for the start of operations of the FPSO Atlanta (Definitive System), informs its investors and the... Continue Reading →
Noble’s Semi-Sub Rig Gets Multi-Well Drilling Job off Suriname
(OE) Offshore drilling contractor Noble Corporation has signed a contract with Petronas Suriname E&P for the high-specification semi-submersible rig Noble Developer to drill three wells offshore Suriname. The contract is expected to start around June 2025, with an estimated duration of 200 days. The firm contract value is approximately $84 million including additional services provided,... Continue Reading →
Brava Energia – closing of acquisition of participation in Parque das Baleias
BRAVA ENERGIA S.A. (“BRAVA” or "Company") (B3: BRAV3), pursuant to CVM Resolution No. 44, and following the material fact disclosed on December 25, 2023, hereby informs its investors and the market in general that, after meeting all precedent conditions and with the approval of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), has... Continue Reading →