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April 22 (oilnow.gy) ExxonMobil Guyana has awarded a limited notice to proceed (LNTP) to Italy’s Saipem, related to its proposed Longtail project in Guyana, signaling a future full contract award that Saipem said could be worth up to US$1.5 billion. The Italian engineering firm said it has been awarded a new limited notice to proceed... Continue Reading →
April 20 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), informs to its investors and the market in general that, at the Annual General Meeting held today, the payment of mandatory minimum dividends ("Dividends") relating to the fiscal year ended December 31, 2025, was approved, as follows: The Dividends will be due to those... Continue Reading →
April 16, 2026 – Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact published on March 5, 2026, informs that, at a meeting held today, the Annual General Meeting (AGM) approved the remuneration to shareholders relating to the fiscal year 2025, in the total amount of R$ 41,235,750,000.00, representing R$ 3.19936420 per outstanding... Continue Reading →
April 16 (oilprice.com) Higher oil and gas prices and volatile energy commodity markets are set to more than offset production losses from the Middle East at French supermajor TotalEnergies, which expects significantly higher upstream and LNG trading profits. In the early days of the war, TotalEnergies warned that the conflict had effectively shut in 15% of its... Continue Reading →
April 16 (oilprice.com) An analysis by The Guardian has revealed that the world's largest Oil & Gas companies, as well as major oil producers such as Saudi Arabia and Russia, will make an extra $234 billion in windfall profits by the end of the year if oil prices continue to average $100 per barrel. According to the... Continue Reading →
April 13, 2026 – Petróleo Brasileiro S.A. - Petrobras announces that its Board of Directors has today approved the final investment decision (FID) for the SEAP I project, in the Sergipe-Alagoas Basin, consolidating the development of Sergipe Deepwater (SEAP), a new oil and gas production frontier in the country. The FID for the SEAP II... Continue Reading →
April 13 (Reuters) - Baker Hughes said on Monday it will sell its unit, Waygate Technologies, to Sweden-based Hexagon ( for about $1.45 billion in cash, as the oilfield services provider reorganizes its business to focus on high-growth areas. The deal is part of Baker Hughes' efforts to reshape its business by shedding non-core assets and shifting focus... Continue Reading →
April 13 (OE) Norwegian offshore vessel owner Solstad Maritime has secured a two-year extension of the current contract for the subsea construction vessel (CSV) Normand Fortress with Petrobras. The extension will start in early July 2026. Under the extended contract, the vessel will provide accommodation services to support production activities on the Brazilian continental shelf.... Continue Reading →
April 10 - Portuguese engineering company Mota-Engil announced it has signed a new contract with Petrobras worth R$728 million for the execution of services related to the decommissioning of subsea systems in the Campos Basin. The agreement involves engineering, preparation, removal, and final disposal of offshore structures. With an estimated duration of 1,825 days, the... Continue Reading →
April 10 (Reuters) - Vineyard Wind has filed a lawsuit seeking to block a wind turbine-supplying unit of GE Vernova from terminating agreements and abandoning work on a $4.5 billion offshore wind farm in Massachusetts on the eve of completion. Vineyard Wind, a joint venture between Spain's Iberdrola and Denmark's Copenhagen Infrastructure Partners, filed a lawsuit this week in... Continue Reading →
Brazil Energy Insight 