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 →
BP’s big Brazil oil and gas find boosts prospects for Equinor, auction
Aug 5 (Reuters) - BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes well for Equinor's nearby interests and strong appetite for an October auction of oil blocks in the region. Discoveries nearly two decades ago in the region, defined by vast deepwater fields under... Continue Reading →
Castrol – Is the subsea industry underestimating the continuing need for hydraulic fluids?
By Rafael Clemente, Key Sales Account Manager, Castrol Castrol explains why subsea hydraulic systems will be integral as we look for proven, viable solutions that are commercially feasible and do the job Operators today face an unenviable challenge: deploying new technology in more complex locations while increasing uptime and reliability at the same time. The... Continue Reading →
BP’s Second Quarter Profit Beats Expectations
(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 →
Petrobras announces divestment of Cherne and Bagre fields
August 4, 2025 – Petróleo Brasileiro S.A. – Petrobras, following up on the disclosures made on April 17, 2024, and April 25, 2024, announces that it has concluded today the transfer of its entire participation (100%) in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco Petróleo e Gás... Continue Reading →
PRIO July 2025 Operational Data
August 4, 2025 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of July. Key: (1) At the Frade field, the gas compressor had a failure at the end of July, which has already been resolved, and production has... Continue Reading →
Brava Energia July 2025 production data
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of July 2025. The Company renewed its historical production record in July, reaching a daily average of 90.9 thousand boe, an increase of 6.0% compared to the average recorded in... Continue Reading →
Oil States Secures New Contract with Petrobras
(TN) "We announce two unprecedented milestones in our history in Brazil with new contracts with Petrobras for: • PDG (Permanent Downhole Gauge) Preparation and Installation Services • Specialized Technical Operation and Maintenance Services for Electrical Systems for Monitoring Signals from Subsea Downhole Sensors and ANMs." "This is the first time we have undertaken this scope... Continue Reading →
MODEC Celebrates 15 and 10 Years of FPSOs MV20 and MV26
(TN) MODEC, a global leader in the operation of floating oil and gas production platforms, celebrates two important operational milestones this month: the 15th anniversary of the FPSO Cidade de Santos MV20 and the 10th anniversary of the FPSO Cidade de Itaguaí MV26. Together, the units have already surpassed the 465 million barrels of oil... Continue Reading →
FPSO destined for ExxonMobil’s Guyana project getting titanium reinforcements
(offshore-energy.biz) Hunting Subsea Technologies, the Texas-based subsidiary of London-headquartered precision engineering group Hunting, has provided the connections for a floating production storage and offloading (FPSO) to be deployed at a field offshore Guyana being developed by U.S energy giant ExxonMobil. The eight titanium stress joints (TSJs) delivered will be integrated into the FPSO unit Errea Wittu that... Continue Reading →