Sept. 25 (TN) Porto do Açu and OceanPact signed a Letter of Intent (LOI) to expand the area occupied by the company at the port-industrial complex in São João da Barra (RJ). The agreement aims to expand OceanPact's operational capacity and strengthen infrastructure supporting the region's oil and gas supply chain. The agreement provides for... Continue Reading →
OceanPact and CBO complete business combination, with a contract backlog exceeding R$ 14 billion
Sept.17 (PN) OceanPact and CBO confirmed this week the completion of their business combination, following final approval from the Administrative Council for Economic Defense (Cade) and the fulfillment of other conditions precedent. With the integration, CBO becomes part of OceanPact, while the Shipping unit is renamed OceanPact CBO. Upon completion of the transaction, the combined... Continue Reading →
Baker Hughes takes the lead in Petrobras tender for a mega-contract covering 512 km of flexible pipelines.
Sept. 9 - Baker Hughes submitted the best bids in a Petrobras tender to contract up to 518.3 km of flexible lines, comprising both risers and flowlines. The pipelines are intended for various applications, such as gas lift, water injection, production, gas injection, service, gas export, and oil export. The tender also includes flexible pipelines... Continue Reading →
Blue Water Shipping secures three-year Noble logistics contract in Suriname
Sept. 8 (oilnow.gy) Blue Water Shipping Suriname has secured a three-year contract to provide logistics and supply chain services for Noble Corporation’s offshore operations in Suriname. The company announced the award on September 4. It said the agreement expands its role in supporting the country’s offshore energy sector. Noble’s July 2026 fleet report listed the Noble Developer... Continue Reading →
U.S. In Talks To Take Direct Ownership Of Venezuelan Oil Fields
Aug. 27 (oilprice.com) The Trump administration is reportedly in active discussions with Venezuela’s interim government to acquire a direct U.S. ownership stake in key Venezuelan oil fields. According to senior U.S. officials cited by Axios, the talks involve equity stakes in a select group of high-yield fields containing approximately 90 billion barrels of proven crude—a transaction... Continue Reading →
Ethanol emerges as a marine fuel with big name backing
Aug. 14 (splash247.com) As shipowners place their first investments in ethanol-fuelled ships, engine technology is well prepared for growing uptake of the biofuel, writes Andrea Lazzaro, head of business intelligence at WinGD. When one of the world’s biggest dry bulk charterers backs a new alternative fuel type, the industry takes notice. But to anyone paying... Continue Reading →
Guyana’s rising oil output adds to growing tanker demand across the Americas – S&P Global
Aug. 12 (oilnow.gy) Guyana’s expanding oil production is helping create more work for tanker owners as growing volumes of crude from the Americas are shipped to buyers farther east, according to S&P Global. The trend is part of a wider increase in Western Hemisphere crude supply from Guyana, the United States, Brazil and Argentina. More of those... Continue Reading →
Boskalis’ vessel duo pulls off Brazil-to-Denmark tow of MODEC’s FPSO
Aug. 10 (offshote-energy.biz) Two ocean-going tugs from the fleet operated by Boskalis, a Dutch offshore services provider, have undertaken a floating production, storage, and offloading (FPSO) tow mission across the Atlantic. Boskalis has shed light on the role its ocean-going tugs BOKA Alpine and BOKA Glacier recently played in completing a major FPSO towage operation. Each with a bollard... Continue Reading →
France Selects Five Ports for EUR 260 Million Floating Wind Infrastructure Boost
July 31 (offshoreWIND.biz) The French government has selected five ports to receive nearly EUR 260 million in funding under the France 2030 investment programme to upgrade infrastructure supporting the country’s floating offshore wind industry. The selected ports are Cherbourg, Brest, Nantes-Saint Nazaire, Port-la-Nouvelle, and Marseille-Fos, with the port funding expected to leverage almost EUR 1... Continue Reading →
Petrobras wins R$ 400 million tax ruling, setting precedent for pre-salt oil companies
July 30 (investnews.com.br) A recent decision by CARF (Administrative Council of Tax Appeals) overturned a tax claim of approximately R$ 400 million against Petrobras and set a precedent for other oil companies operating offshore platforms—including those in Brazil's pre-salt fields, where production takes place entirely at sea. The ruling was announced earlier this week. The... Continue Reading →