Brought to you by Quest Offshore & Southern Cone Consultants
September 10, 2025 – Petróleo Brasileiro S.A. – Petrobras, following up on the statements disclosed on September 3, 2025, announces the settlement of its global notes offering in the international capital markets, totaling US$ 1 billion with maturity in 2030 and US$ 1 billion with maturity in 2036, issued through its wholly-owned subsidiary Petrobras Global... Continue Reading →
Sept. 9 (OE) BW Energy has completed a $365 million project finance facility to fund the refurbishment and redeployment of the Maromba floating production, storage and offloading vessel (FPSO) to Brazil’s Maromba field. The loan, backed by China Export & Credit Insurance Corporation (Sinosure), was significantly oversubscribed and will cover around 80% of total project... Continue Reading →
Sept. 8 (Reuters) U.S. oilfield services provider Halliburton has been cutting staff in recent weeks, according to two sources familiar with the matter, marking the latest workforce reduction in the U.S. oil industry as it faces rising costs and a period of lower prices and volatility. Global benchmark Brent crude oil prices have dropped more... Continue Reading →
Sept. 5 (offshoreWIND.biz) In a matter of months, the US offshore wind industry went from a growing investor and employer to an industry that is now undergoing what Oceantic Network called a “targeted attack” after reports emerged that the US Department of the Interior (DOI) plans to revoke federal permits for two more projects. The Trump administration has reportedly also asked... Continue Reading →
Sept. 5 (Reuters) Danish wind farm developer Orsted cut its operating profit outlook for 2025 on Friday, shortly before shareholders were set to vote on a crucial capital raise as the company battles U.S. President Donald Trump's opposition to wind power. Once celebrated as a trailblazer in offshore wind, Orsted now finds itself in dire... Continue Reading →
Sept 4 (Reuters) - Danish offshore wind developer Orsted and the states of Rhode Island and Connecticut announced lawsuits against the Trump administration on Thursday, alleging its decision to block construction of the nearly finished Revolution Wind project is illegal. The separate complaints are the latest twist in a saga that started last month when U.S.... Continue Reading →
Sept. 4 (Reuters) Azule Energy, the joint venture between Italian oil and gas explorer Eni and BP, expects to invest another $5 billion in Angola over the next four to five years, Eni's Chief Operating Officer Guido Brusco told Reuters on Wednesday. The latest investment in both new and existing projects will match investments in... Continue Reading →
September 3, 2025 – Petróleo Brasileiro S.A. – Petrobras, following up on the statement disclosed on September 3, 2025, announces the pricing of two series of global notes denominated in U.S. Dollars (the “Notes”) to be issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”). The Notes will be unsecured obligations of PGF and... Continue Reading →
September 3, 2025 – Petróleo Brasileiro S.A. – Petrobras announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), has commenced an offering of two new series of U.S. dollar-denominated global notes in the international capital markets (the “Notes”), subject to market and other conditions. The Notes will be unsecured obligations of PGF and will... Continue Reading →
Sept. 3 (Reuters) Mexican state oil company Pemex signed its first mixed contracts with private sector partners in a bid to reverse declining hydrocarbon production, according to President Claudia Sheinbaum's government report delivered to Congress. The 11 deals, signed under a new contractual framework stemming from the latest energy sector reform, mark the initial phase... Continue Reading →
Brazil Energy Insight 