Brought to you by Quest Offshore & Southern Cone Consultants
(OE) Southern Energy S.A. (SESA), a company formed to enable LNG exports from Argentina, has reached final investment decision (FID) for the charter of 3.5MTPA MK II floating LNG (FLNG) from Golar LNG. The key commercial terms for the 20-year charter agreement include net charter hire to Golar of $400 million per year, plus a... Continue Reading →
August 6, 2025 – Brava Energia (“Brava” or “Company”) (B3: BRAV3) herein presents its results for the second quarter of 2025 (“2Q25”). The 2Q25 quarterly information is presented in comparison with the pro forma quarterly information for the 2Q24, considering the combined results of Brava (formerly 3R Petroleum) and Enauta prior to the effective date... Continue Reading →
Aug. 7 (Reuters) Dutch oil and gas services company SBM Offshore raised its full-year core profit and revenue forecasts on Thursday, following a strong financial performance in the first half of 2025. The company, which provides floating production services to the offshore energy industry, sees directional earnings before interest, taxes, depreciation and amortization (EBITDA) of... Continue Reading →
Aug 5 (oilprice.com) Malaysia’s Petronas is looking for buyers for its 50% stake in the Tartaruga Verde field in Brazil, eyeing proceeds of up to $1 billion, Bloomberg has reported, citing unnamed sources. The Malaysian major bought the stake in 2019 from Petrobras, which owns the other 50% of the field, which is located in the... Continue Reading →
(oilprice.com) Argentina’s energy company YPF is nearing a deal for the acquisition of shale assets in the country owned by French supermajor TotalEnergies, Bloomberg has reported, citing unnamed sources in the know. TotalEnergies has stakes in two fields that are part of the Vaca Muerta shale play but an underdeveloped part. YPF has been very... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or the “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, today, Yinson Production Offshore Pte. Ltd. (“Yinson”) has fully and early settled the receivables linked to the Company’s financing for the FPSO Atlanta adaptation project (“Transaction”). The Transaction contemplates the... Continue Reading →
Aug 5 (Reuters) - Mexico's government on Tuesday said it aimed to cease funding Pemex by 2027 when the highly-indebted state energy company should become financially self-sufficient, helped by a series of measures to bring down debt and stabilize production. Mexican President Claudia Sheinbaum, flanked by her energy and finance ministers and the chief executive... Continue Reading →
(Reuters) BP will launch a review of how best to develop and monetize its oil and gas production assets and consider more cost cuts to boost shareholder returns, the oil major said on Tuesday, as it beat second-quarter profit expectations. BP, under pressure from investors after years of underperforming rivals and also the target of... Continue Reading →
(offshoreWIND.biz) Europe needs to invest an extra EUR 6.4 billion in port facilities and new vessels to reach its offshore wind energy goals, according to WindEurope. Currently, Europe can install and maintain about 10 GW of offshore wind annually, enough to meet its 2030 energy security targets, but after 2030, this capacity must rise to... Continue Reading →
(OE) Norwegian offshore vessel operator Solstad Offshore has secured a contract with Petrobras for its construction support vessel (CSV) Normand Commander. The vessel will be on a bareboat contract from the vessel owner Solstad Maritime to Solstad Offshore, who holds the contract with Petrobras. The four-year contract will start in the first quarter of 2026.... Continue Reading →
Brazil Energy Insight 