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Feb. 9 (Reuters) Oilfield services firm Transocean said on Monday it will acquire peer Valaris in an all-stock deal valued at $5.8 billion, expanding its exposure across deepwater, harsh-environment and shallow-water basins worldwide. Transocean shares were down 4% at $5.16, while Valaris shares were up 14.6% at $71.61 in premarket trade. Oilfield service providers have... Continue Reading →
Feb. 6 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs its investors and the market in general of the preliminary and unaudited production data for the month of January 2026. Potiguar – The monthly results reflect the impact of the temporary shutdown of facilities in the region, resulting from the audit conducted by... Continue Reading →
February 6, 2026 – Petróleo Brasileiro S.A.– Petrobras announces that it has received R$ 1.65 billion from its partners in the Sépia and Atapu fields: TotalEnergies EP Brasil Ltda (28%), PETRONAS Petróleo Brasil Ltda (21%), and QatarEnergy Brasil Ltda (21%) in Sépia; and Shell Brasil Petróleo Ltda (25%) and TotalEnergies EP Brasil Ltda (22.5%) in... Continue Reading →
Feb. 6 (OE) BW Energy has informed that one of the existing joint venture partners in Angola's offshore blocks 14 and 14K has indicated its intention to exercise pre-emption rights in relation to the previously announced acquisition agreement. BW Energy and its partner Maurel & Prom had been notified of the move by a joint... Continue Reading →
February 6, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that it has acquired a 42.5% stake in Block 2613, located offshore in the Republic of Namibia, Africa. The transaction was carried out in partnership with TotalEnergies, which also acquired 42.5% and will act as the operator of the block. The selling companies are Eight Offshore... Continue Reading →
Feb. 5 (OE) Stena Drilling’s Stena Evolution drillship has received the Abate (P+) notation from classification society DNV. The Abate (P+) qualifier confirms defined design and control of the vessel’s power generation systems, together with an emission and energy management system aligned with ISO 50001 principles. It also verifies the installation of technical and operational... Continue Reading →
Feb. 4 - The National Petroleum Agency (ANP) has authorized Petrobras to resume drilling in block FZA-M-059, in the Foz do Amazonas Basin, off the coast of Amapá. As a reminder, activity has been suspended since January 4th, following a loss of drilling fluid on the Foresea drillship ODN-II. In the official letter sent by... Continue Reading →
Feb. 4 (oilprice.com) Equinor posted lower earnings in the fourth quarter of 2025 compared with a year earlier, reflecting weaker liquids prices and impairment charges, even as the Norwegian energy major delivered record annual production and outlined measures to reinforce cash flow and competitiveness. Adjusted operating income for the quarter reached $6.2 billion, down from the same... Continue Reading →
Feb. 4 - SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO ONE GUYANA, ahead of the maximum lease term which would have expired in August 2027. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to... Continue Reading →
Feb 4 (Reuters) - Chevron and TotalEnergies are among the oil majors snapping up offshore blocks in West and Southern Africa as compelling geology, regulatory reforms, and the need to restock spur a hunt for the next Brazil. Companies are restocking their oil and gas assets given prospects for fossil fuel demand to stay higher for longer than predicted just a... Continue Reading →
