Aug. 27 (OE) Seatrium has secured a contract from Golar Hilli Corporation, a subsidiary of Golar LNG, to perform the upgrading of floating liquefied natural gas (FLNG) unit Hilli Episeyo. Scheduled to enter the yard in the third quarter of 2026, the project involves technical modifications for FLNG Hilli Episeyo’s redeployment. The scope of work... Continue Reading →
Colombia’s Ecopetrol sees significant profit drop in Q2 2025
AUG.13 (Offshore Technology) Colombia's state oil company Ecopetrol, has reported a 46% decrease in net profit for the second quarter (Q2) due to declining global oil prices and slight production decreases. The company's net profit fell to approximately $450m (1.81trn pesos), down from the previous year's equivalent of $840m, with total sales also decreasing by... Continue Reading →
Brazil sets new oil and gas production record in June with 4.9 million barrels per day
Aug 6 (ANP) Brazil broke a record for oil and natural gas production in June of this year, with 4.9 million barrels of oil equivalent per day. This unprecedented result, released in the Monthly Oil and Natural Gas Production Bulletin of the National Agency of Petroleum, Natural Gas, and Biofuels (ANP), affiliated with the Ministry... Continue Reading →
220 blocks up for grabs in Nigeria’s bid round to speed up oil & gas development
(offshore-energy.biz) Given its interest in unlocking oil and gas growth, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed its plans to award 220 oil blocks, spanning the African country’s onshore and offshore basins, in its latest hydrocarbon licensing bid round. This entails 59 offshore blocks located in deep water. According to the African Energy... Continue Reading →
Colombia’s offshore energy hopes deflate amid poor discoveries, stricter regulations
Aug 8 (Reuters) - Hopes among foreign energy companies that Colombia's coast could serve as a key source of oil and gas for the future are being dashed as many exploration projects lag expectations, with unwelcomed regulation further deflating optimism. The disappointing finds and regulatory roadblocks are pushing some energy firms to abandon the Andean nation for... Continue Reading →
Golar Secures FLNG Charter Deal for Argentina’s LNG Scheme
(OE) Southern Energy S.A. (SESA), a company formed to enable LNG exports from Argentina, has reached final investment decision (FID) for the charter of 3.5MTPA MK II floating LNG (FLNG) from Golar LNG. The key commercial terms for the 20-year charter agreement include net charter hire to Golar of $400 million per year, plus a... Continue Reading →
Brava Energia 2Q25 Earnings Release
August 6, 2025 – Brava Energia (“Brava” or “Company”) (B3: BRAV3) herein presents its results for the second quarter of 2025 (“2Q25”). The 2Q25 quarterly information is presented in comparison with the pro forma quarterly information for the 2Q24, considering the combined results of Brava (formerly 3R Petroleum) and Enauta prior to the effective date... Continue Reading →
YPF Set to Buy TotalEnergies’ Shale Assets
(oilprice.com) Argentina’s energy company YPF is nearing a deal for the acquisition of shale assets in the country owned by French supermajor TotalEnergies, Bloomberg has reported, citing unnamed sources in the know. TotalEnergies has stakes in two fields that are part of the Vaca Muerta shale play but an underdeveloped part. YPF has been very... 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 →
Wind turbine maker Nordex posts Q2 earnings above consensus
July 28 (Reuters) - Wind turbine maker Nordex on Monday reported second quarter core earnings that were above analysts' consensus forecasts. The German onshore wind turbine company posted earnings before interest, tax, depreciation and amortization (EBITDA) of 108.2 million euros ($127.09 million), above analyst expectations of 102 million euros in a company-compiled consensus. That was up... Continue Reading →