Iran Creates Oil Bonanza for the Americas

Sept. 2 (Reuters opinion by Ron Bousso) From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change. Oil production in the Americas... Continue Reading →

Singapore and Brazil to establish green and digital shipping corridor

Sept. 1 (marinereport) Singapore and Brazil have inked a deal that will establish their green and digital shipping corridor. In a statement, the Maritime and Port Authority of Singapore (MPA) said the two markets signed the memorandum of understanding to establish the Singapore-Brazil Green and Digital Shipping Corridor (GDSC).  The partnership will strengthen cooperation between Singapore and... Continue Reading →

Floatel Triumph Lined Up for Brazil MSU Work

Aug. 28 (OE) Floatel International has secured a letter of intent for its Floatel Triumph semi-submersible unit to provide Maintenance and Safety Unit (MSU) services offshore Brazil for four to eight months. The assignment is scheduled to start in the first quarter of 2027. The Floatel Triumph is a semisubmersible accommodation and construction support unit... Continue Reading →

Seatrium, Petrobras eye potential natural gas collaboration to meet growing Asian demand

Aug. 27(businesstimes.com.sg) Brazilian oil giant Petrobras and offshore and marine player Seatrium are discussing a potential tie-up to explore offshore solutions in natural gas, said Magda Chambriard and Chris Ong, the respective CEOs of Petrobras and Seatrium.  They were speaking at a media briefing following the christening ceremony for two floating production storage and offloading... Continue Reading →

France’s Voltalia wins approval for $35 billion data center project in Brazil

Aug 27 (Reuters) - French renewable energy company Voltalia has received authorization from Brazil's government ​to install a data center at the ‌Pecem port complex in Ceara state, securing tax exemptions for the planned mega-project. Investment in the data center is expected ​to total 181.7 billion reais ($35.24 billion), Brazil's ​government said in a Wednesday statement.... Continue Reading →

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