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Nov 24 (Reuters) - Brazilian power firm Neoenergia said on Monday that controlling shareholder Iberdrola has filed for a tender offer to take the company private. Spain-based Iberdrola plans the acquisition of up to all common shares issued by Neoenergia at a price of 32.50 reais per share, the Brazilian firm said in a securities filing. In... Continue Reading →
Nov. 20 (oilnow.gy) ExxonMobil Guyana is considering buying the ONE GUYANA floating production, storage and offloading vessel in early 2026, ahead of the unit’s maximum lease end in August 2027. SBM Offshore disclosed the update in its recently released third-quarter trading report, which stated that the company is “contemplating the exercise of its contractual purchase option.” The... Continue Reading →
Nov 19 (Reuters) Oil majors TotalEnergies and Chevron are front-runners in the auction for a 40% operating stake in Galp's Mopane field in Namibia, four sources told Reuters. Mopane has estimated resources of at least 10 billion barrels, and Galp has said it would announce a winner by year-end. International oil companies have flocked to Namibia, which has no hydrocarbon... Continue Reading →
Nov. 14 (Reuters) U.S. private equity firm Carlyle is exploring options to buy Russian oil major Lukoil's LKOH.MM foreign assets, three sources familiar with the situation said. The U.S. has hit Lukoil with sanctions as part of its effort to bring the Kremlin to peace talks over Ukraine, and has blocked Lukoil's attempt to sell... Continue Reading →
Nov 12 (Reuters) - BP is in active negotiations with investment firm Stonepeak over the sale of its Castrol lubricants unit, according to two people with knowledge of the situation, in what would be a major step in meeting the energy company's $20 billion divestment goal. The sale process for Castrol began earlier this year after the London-listed... Continue Reading →
Nov. 12 (offshoreWIND.biz) MunmuBaram, owned by Hexicon, has completed the Marine Traffic Safety Examination (MTSE), marking a milestone in advancing the floating offshore wind project toward full permitting and construction. The developer said that this examination is a vital regulatory step that evaluates how offshore wind development may affect existing vessel routes and overall maritime... Continue Reading →
Rio de Janeiro, November 11, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), in addition to the Material Fact disclosed on May 1st, 2025, informs its shareholders and the market in general that, after the fulfillment of the precedent conditions and the necessary approvals, the acquisition of 40% interest and operation of the Peregrino... Continue Reading →
Nov 11 (Reuters) - Brazilian engineering group Novonor is close to reaching an agreement to sell most of its controlling stake in petrochemical firm Braskem to IG4 Capital, four sources familiar with the matter told Reuters. Sao Paulo-listed Braskem shares soared more than 17% on Tuesday following a Bloomberg News report on the potential deal,... Continue Reading →
Oct. 3 - Seatrium has announced the sale of two platform supply vessels (PSVs) to Brazilian vessel operator Posidionia Shipping and Trading for $58.7m. The two vessels are held under a special entity called Guanabara Navegação and will be sold to Brazilian vessel operator. “This accretive divestment is in line with the Group’s strategic intent to... Continue Reading →
Nov 3 (Reuters) - Denmark's Orsted said on Monday it agreed to sell a 50% stake in Britain's Hornsea 3 offshore wind farm for 39 billion Danish crowns ($6.09 billion), widely regarded as a crucial move to prevent a crippling credit rating downgrade. Orsted, the world's largest offshore wind developer, seeks to restore investor confidence as... Continue Reading →
Brazil Energy Insight 