Brought to you by Quest Offshore & Southern Cone Consultants
Oct 2 (Reuters) - Controlling shareholders of Brazil's Braskem are finalizing a counter proposal for the company's creditors after balking at lenders' demands to inject $3 billion into the petrochemical producer, two people familiar with the matter told Reuters on Friday. "It would be too large an injection of funds, it is far more than... Continue Reading →
Sept 25 (Reuters) - TotalEnergies said on Friday its board unanimously backed the renewal of Chairman and CEO Patrick Pouyanne's mandate and reaffirmed the relevance of the energy major's strategy ahead of its investor update scheduled for Monday. In May, investors had overwhelmingly approved lifting the age limits for its chair and CEO roles, paving... Continue Reading →
Sept 24 (Reuters) - Colombia's state-controlled oil company Ecopetrol tapped businessman Joaquin Gutierrez as chief executive, the company said on Thursday, giving one of the country's most important corporate jobs to a close presidential ally with no known background in the energy sector. Gutierrez, a former campaign manager for President Abelardo De La Espriella with... Continue Reading →
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 →
Sept 15 (Reuters) - Colombia's state-controlled oil company Ecopetrol on Tuesday approved a sweeping board overhaul proposed by newly inaugurated President Abelardo De La Espriella's government, as the company reels from corruption allegations and another senior management shake-up. Current chairman Luis Felipe Henao was reappointed to the nine-member board, along with Cesar Loza, and Ricardo... Continue Reading →
Sept. 14 (offshoreWIND.biz) X1 Wind has closed a fourth strategic funding round as the Spanish floating wind technology developer prepares to deploy its X100 platform at the PlemCat test site off Catalonia. The round was led by Grow Ventures, which will hold around 8 per cent of X1 Wind’s share capital, while Catalan investment company... Continue Reading →
Sept. 11 (OE) SED Energy Holdings and Ventura Offshore have signed a letter of intent for an all-share combination that would create an energy services group with about $1.3 billion in contracted revenue backlog and an implied pro forma equity value of approximately $1 billion. Under the proposed transaction, SED Energy Holdings would acquire 100%... Continue Reading →
Aug 19 - BRAVA ENERGIA S.A. (“Brava” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, on August 18, 2026, it received resignation letters from Mr. Mateus Tessler, from the positions of member of the Board of Directors and Coordinator and member of the... Continue Reading →
Rio de Janeiro, August 06, 2026 – Petróleo Brasileiro S.A. - Petrobras, pursuant to CVM Resolution No. 44/21, informs that its Board of Directors, in a meeting held today, approved the payment of shareholder remuneration in the amount of R$ 17.4 billion, equivalent to R$ 1.34814262 per outstanding common and preferred share, as an anticipation... Continue Reading →
Aug. 3 (oilnow.gy) ExxonMobil is evaluating a ninth floating production, storage and offloading vessel for Guyana that could mirror the development concept being advanced for Longtail, Chairman and Chief Executive Officer Darren Woods said during the company’s second-quarter 2026 earnings call on July 31. Woods said the company sees an opportunity to use what it is... Continue Reading →
