PRIO workover approvals for TUBARÃO MARTELO wells

PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following the best corporate governance practices, informs its shareholders and the market in general that, today, the Brazilian Institute of the Environment and Natural Renewable Resources (“Ibama”) has granted approval for the workover of wells in the Tubarão Martelo field including wells TBMT-10H and TBMT-4H, which had been... Continue Reading →

Fleet staying active as Prosafe navigates strategic divestments

(offshore-energy.biz) Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shared its fleet activity for March. According to Prosafe, its fleet utilization rate for March 2025 was 52%, representing a slight decrease from the 57% rate reported for February.  Safe Zephyrus was the busiest, operating at full capacity during March, achieving 100% commercial uptime. The... Continue Reading →

Atlas wins crewing contract for Noble’s Suriname drilling campaign

(offshore-energy.biz) U.S. offshore drilling contractor Noble Corporation has awarded Atlas Professionals with a crew management contract for its upcoming drilling campaign in Suriname. Under the deal, Atlas is slated to provide junior and expatriate crew for a drilling campaign to be carried out using the Noble Developer rig. Additionally, the firm will provide comprehensive logistics, training, and... Continue Reading →

Fire breaks out at Petrobras’ Campos Basin oil rig

(offshore-energy.biz) Dozens of workers have been treated for injuries following a fire on an oil platform off the coast of Brazil operated by the state-owned energy giant Petrobras. According to the Norte Fluminense Oil Workers’ Union (Sindicato dos Petroleiros do Norte Fluminense), a fire occurred on the platform PCH-1 in the morning of April 21, 2025, at... Continue Reading →

Halliburton signals North America weakness as oilfield services earnings gather pace

 (Reuters) - Halliburton reported lower first-quarter profit on Tuesday, as a slowdown in North American drilling activity weighed on demand and the oilfield services provider recorded a $356 million pre-tax charge. The company's shares fell 4% in premarket trading following the results. Halliburton is the first of the Big Three U.S. oilfield services provider to report earnings as... Continue Reading →

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