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September 15, 2025 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best corporate governance practices, informs its shareholders and the market in general that, on this date, the Brazilian Institute of the Environment and Natural Renewable Resources (“Ibama”) has granted the Installation License (“LI”) of the Wahoo Field Production Development System and interconnection of... Continue Reading →
Sept. 15 (PN) Tenaris announced the award of a contract to supply 18,000 tons (115 km) of seamless pipe for risers and flowlines for the FPSO P-83 (Búzios 11) production system. The agreement also includes the delivery of TenarisShawcor thermal insulation coatings. The seamless pipes will be produced at Tenaris' manufacturing center in Dalmine, Italy.... Continue Reading →
Sept. 15 (Reuters) BP's recent discovery of a giant oilfield offshore Brazil has reignited investor enthusiasm, echoing the aggressive exploration era two decades ago when companies were thirsty for resources amid fears the world was running out of oil. The announcement of the Bumerangue discovery, described by CEO Murray Auchincloss as BP's most significant in... Continue Reading →
Sept. 12 (PN) Petrobras notified the National Petroleum Agency (ANP) about the discovery of oil signs in well 3-BRSA-1399-SPS, in a water depth of 1,866 meters in the Aram block. Drilling on the well began at the end of May by the Valaris DS-4 drillship. The oil company has already found oil signs in two... Continue Reading →
Sept. 12 (OE) French tubular solutions supplier Vallourec has secured a major contract by Petrobras for the supply of Oil Country Tubular Goods (OCTG) products and services for its offshore operations from 2026 to 2029. The long-term agreement could generate total revenue of up to $1 billion, representing the widest award both in volumes and... Continue Reading →
11/09/2025 – Deep Ocean Search (DOS), a leading deep-sea exploration company, has selected Exail to provide the navigation and acoustic positioning capabilities required for its upcoming missions. As part of this collaboration, DOS will deploy Exail’s Rovins 9-DVL navigation system and Gaps M7 acoustic positioning system, enabling operations at depths of up to 6,000 meters.... Continue Reading →
Sept. 10 (Reuters) Malaysia's oil and gas producer Petronas plans to drill a fourth well by the first quarter next year at offshore Block 52 in Suriname, the government and state company Staatsolie said. Petronas, which has discovered gas reserves in the block, its most promising area in the South American country, had said in... Continue Reading →
Sept 9 (Reuters) Brazil's President Luiz Inacio Lula da Silva said on Tuesday that environmental agency Ibama should be satisfied with the results of an emergency drill done by state-run oil firm Petrobras in the country's Foz do Amazonas basin, ahead of Ibama's official assessment. "Petrobras has already carried out the test. Ibama should be... Continue Reading →
Sept. 9 (OE) ABS has granted approval in principle to a liquefied carbon dioxide (LCO2) floating storage and injection unit (FSIU) designed by MODEC in collaboration with Mitsui OSK Lines (MOL). Tailored to the growing demands of the global carbon capture, utilization and storage (CCUS) value chain, the design eliminates the need for onshore facilities,... Continue Reading →
Sept. 9 - Miros, a global leader in real-time ocean insights and maritime innovation, has announced a significant commercial shipping contract for its Vessel Technical Index (VTI) service, marking a bold step forward in transforming vessel performance monitoring across the shipping sector. This third and newly signed agreement, with a prominent yet undisclosed shipping company,... Continue Reading →
Brazil Energy Insight 