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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 →
July 10 (Reuters) - Italian energy contractor Saipem's merger with Norwegian peer Subsea 7 is set to face a full-scale EU antitrust investigation because of competition concerns about the deal, people with direct knowledge of the matter said. The companies announced the deal in February last year to create a leading global player in offshore energy services,... Continue Reading →
June 23 (OE) Energy and marine consultancy ABL has opened a new office in Salvador, Brazil, expanding its presence in the country and strengthening its asset integrity management offering for the oil and gas, maritime and industrial sectors. The new office will support asset integrity management projects in Brazil and across the wider Americas region,... Continue Reading →
June 16 (Reuters) - Norwegian oil and gas group Equinor has further scaled back its renewable energy ambitions, dropping a 2030 installed capacity target and cutting plans for investment, it said in a strategy update on Tuesday. The change reflects a wider industry trend, with peers, including BP and Shell, in recent years scrapping ambitions to transition from... Continue Reading →
June 3 (Reuters) - Private equity management firm IG4 Capital and Brazilian state-run oil company Petrobras on Wednesday became the co-controllers of petrochemical firm Braskem, completing a deal signed in April, IG4 said in a statement. Under the new ownership structure, IG4, through investment fund Shine, will hold 50.1% of Braskem's voting shares, it said. Petrobras will... Continue Reading →
June 2, 2026 – Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, at a meeting held yesterday, approved the company’s adherence to the economic subvention granted to producers and importers of road‑use diesel oil in Brazil, in the amount of R$ 1.12 per liter commercialized. This subvention was established by Provisional Measure... Continue Reading →
Brazil Energy Insight 