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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 →
Oct. 7 - The auction for the 4th Permanent Offer Cycle under the production-sharing regime concluded with seven blocks awarded out of a total of 13 areas offered by the National Agency of Petroleum (ANP). In total, the event generated R$ 530.46 million in signature bonuses and projects investments of R$ 778.42 million in the... Continue Reading →
Oct. 7 (TN) Constellation, Brazil's largest offshore drilling company, has received Approval in Principle (AiP) certification from the American Bureau of Shipping (ABS) for its "Fuel Processor" project—an innovative technology designed to boost energy efficiency and reduce emissions in diesel engines used on offshore units. AiP validates the safety and technical soundness of disruptive solutions... Continue Reading →
Oct. 7 (OE) Nigeria has launched its 2026 oil and gas licensing round, offering 40 blocks spanning onshore, shallow-water and deepwater areas as the country seeks new investment and higher production. Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Chief Executive Oritsemeyiwa Eyesan announced the round following approval from President Bola Tinubu, with Nigerian and international investors... Continue Reading →
Oct. 6 (OE) Sumitomo Corporation Global Metals Co., Ltd. (SCGM) and TFI Marine Limited have formed a partnership to introduce innovation into mooring solutions for floating offshore wind and offshore energy projects. The partnership enables and accelerates the deployment of floating offshore wind in Japan and globally, contributing to decarbonization and energy security. Mooring systems... Continue Reading →
Oct. 6 (offshoreWIND.biz) The European Marine Energy Centre (EMEC) has secured GBP 3 million (approximately EUR 3.5 million) from UK Research and Innovation (UKRI) to advance the development of DeepWind, a planned floating and deepwater offshore wind test site in Scotland. The two-year funding, awarded through the UK government’s Infrastructure Fund, will support engineering, environmental,... Continue Reading →
Oct. 6 (oilprice.com) Centuries ago, the untamed jungles of Venezuela’s Orinoco Basin helped power the myth of El Dorado, a city made entirely of gold. But for the new adventurers staking a claim in the country’s black gold instead, there is no myth involved, but rather the world’s largest crude oil reserves of 303 billion... Continue Reading →
Oct. 6 (oilnow.gy) Brazil’s presidential election is relevant to Guyana’s efforts to maintain peace with Venezuela and strengthen links with its South American neighbors. Brazil has a role in both areas, through diplomacy on the border controversy and cooperation on roads, trade, and energy. President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro are... Continue Reading →
Oct. 6 (offshoreWIND.biz) Verlume, a UK-headquartered subsea batteries and power management systems specialist, has put its 500 kWh modular subsea energy storage system to the test in Aberdeen ahead of planned deployment in the Dutch North Sea, where it will become the world’s first grid-forming subsea battery co-located with offshore wind. Verlume reported on 1... Continue Reading →
