Brought to you by Quest Offshore & Southern Cone Consultants
July 23 (OE) DOF Group has agreed to sell four platform supply vessels (PSVs), acquire two construction support vessels (CSVs) under construction and declare a constructive total loss on the anchor handling tug supply (AHTS) vessel Skandi Amazonas, as the company continues to optimize and modernize its fleet. The company said it will sell the... Continue Reading →
July 23 (oilprice.com) TotalEnergies’ adjusted net income jumped by 68% from a year earlier to $6 billion for the second quarter of 2026 as the jump in oil prices and refining margins boosted earnings and cash flows. The French supermajor on Thursday reported an adjusted net income of $6 billion, which met analyst expectations and rose by... Continue Reading →
July 22 (PN) SLB OneSubsea submitted the lowest bids in a Petrobras tender for the supply of 32 subsea trees and other subsea equipment (manifolds, electro-hydraulic distribution units, PLEMs, ESDVs, and UTAs). The other competitors in the process were Baker Hughes and TechnipFMC. The data was recently released by Petronect (tender no. 7004565113). The equipment... Continue Reading →
July 22 (Reuters) - Equinor on Wednesday reported a sharp rise in second-quarter profits, as expected, lifted by a surge in oil and gas prices as the war in the Middle East disrupted global energy supplies. The Norwegian group's adjusted earnings before tax for the April to June period rose to $11.48 billion from $6.54 billion... Continue Reading →
July 21 (Reuters) - Brazil's Pix, one of the world's most successful instant-payment systems, has become a flashpoint between Brasília and Washington as the Trump administration aims to protect U.S. firms from the model's growing appeal in dozens of countries. U.S. Trade Representative Jamieson Greer named Pix, operated by Brazil's central bank, as one of... Continue Reading →
July 21 (Reuters) - Halliburton edged past Wall Street estimates for second-quarter profit on Tuesday as gains in its other international markets offset declines in the Middle East, but shares fell 4.3% in premarket trading on subdued demand in North America. The Middle East conflict has dominated energy markets this year as repeated flare-ups keep a crucial oil-producing... Continue Reading →
July 21 - BRAVA ENERGIA S.A. (“Brava” or the “Company”) (B3: BRAV3), in compliance with CVM Resolution No. 44/2021, and further to the Material Fact notice dated July 15, 2026, hereby informs its shareholders and the market in general that it has received from Ecopetrol Investimentos do Brasil Ltda. (“Offeror”) the notice attached to this Material... Continue Reading →
July 16 (africa.businessinsider.com) An African island nation offered oil companies control of as much as 85% of three offshore blocks. Only two investors came forward. São Tomé and Príncipe has now reportedly rejected every bid submitted in its latest licensing round, delivering another setback to the Central African country’s decades-long search for a commercially viable... Continue Reading →
July 14 (Reuters) BP expects its oil trading result to be slightly higher in the second quarter after an exceptionally strong first quarter, as it continues to profit from a surge in oil prices caused by the Iran war. The British major flagged higher oil realizations, which it said would increase earnings in its oil... Continue Reading →
July 9 (Reuters) - Brazil's government on Thursday approved the extension of a 12% tax on crude oil exports for another 60 days, a measure introduced in March amid rising oil prices linked to the Iran war. The decision was taken by Gecex, the executive management committee of Brazil's foreign trade chamber Camex, which said in... Continue Reading →
