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April 16 (oilprice.com) An analysis by The Guardian has revealed that the world's largest Oil & Gas companies, as well as major oil producers such as Saudi Arabia and Russia, will make an extra $234 billion in windfall profits by the end of the year if oil prices continue to average $100 per barrel. According to the... Continue Reading →
April 16 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general of the disclosure of the Company’s Reserves Certification Reports, with a reference date of December 31, 2025 (“Certification 2026”), prepared by the independent specialized consultancies DeGolyer and MacNaughton and... Continue Reading →
April 14 - OceanX Energy’s entry into the Brazilian market brings advanceddigitalization, data intelligence, and energy management solutions to thecountry’s offshore industry. OceanX Energy is building a future where accurate,real-time data powers every offshore decision; every asset operates atpeak efficiency; and every operation delivers maximum uptime andperformance. In partnership with its local partner in Brazil,... Continue Reading →
April 15 (oilprice.com) UK-based supermajor BP has agreed to buy 60% in three offshore exploration blocks in Namibia as part of its ongoing strategy to grow its upstream portfolio. The company will buy from Canada-based Eco Atlantic Oil & Gas a majority 60% stake in each of the PEL97, PEL99, and PEL100 exploration blocks offshore Namibia, one... Continue Reading →
April 15 (oilnow.gy) The first subsea equipment for the GranMorgu offshore oil development has arrived in Suriname, as the project moves toward offshore installation. Block 58 operator TotalEnergies EP Suriname confirmed on April 14 that components of the long baseline (LBL) subsea positioning system were delivered at the end of March to the Dr. Jules... Continue Reading →
April 14 - Floatel International announced that it has signed a contract with the Norwegian company Equinor for the charter of the accommodation vessel Floatel Victory to provide services in the Bacalhau field, in the Santos Basin. The contract for the MSU will last three months, with the possibility of extension if there is availability.... Continue Reading →
April 14 - The Mero field will be the site of the world's most extensive seismic monitoring project, with an investment of US$450 million. This unprecedented project in deep waters will reveal data that will allow for a deeper understanding of the reservoir's behavior and its dynamics over time. The investment will be led by... Continue Reading →
April 14 (oilnow.gy) Guyana is among the high-growth offshore markets expected to require more than 100 subsea trees by 2030, according to Westwood Global Energy Group in an April 13 LinkedIn post. “High-growth markets including Australia, China, and Guyana are each expected to exceed 100 units by 2030,” the firm said. The projection aligns with... Continue Reading →
April 13 (Reuters) - Brazilian state-run oil firm Petrobras is in initial direct negotiations with Abu Dhabi's Mubadala sovereign wealth fund to repurchase the Mataripe refinery in Brazil, two sources with knowledge of the matter told Reuters on Monday. President Luiz Inacio Lula da Silva said last month that Petrobras would repurchase the refinery, which had been sold... Continue Reading →
April 13 (offshore-energy.biz) Jumbo Offshore, part of the Jumbo Group, and CoreMarine have been tasked with the transport and installation of the soft-yoke (SSY) mooring systems and hook-up of two floating liquefied natural gas (FLNG) vessels in Argentina’s Golfo San Matías. CoreMarine and Jumbo Offshore’s assignment in Argentina is for both the FLNG Hilli Episeyo and the FLNG... Continue Reading →
