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Oct. 14 - Norwegian offshore supply vessel owner DOF Group has secured long-term contracts for two of its vessels with Petrobras for work offshore Brazil. The contracts, with a combined value of approximately $200 million, are for Skandi Chieftain high-spec subsea vessel and Skandi Olympia DP2 construction support vessel. The vessels have been awarded four-year... Continue Reading →
Oct. 13 - M&O is proud to announce our new partnership with Score Group, a global leader in advanced valve engineering and management solutions, as it enters Brazil’s offshore industry. Score brings world-class valve expertise and extensive inventory to ensure operators have the reliability, performance, and support they need. For over 40 years, Score has... Continue Reading →
Oct. 13 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, and following the Material Fact of October 9, 2025, informs its investors and the market in general that the audit carried out by the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) in the Potiguar Basin was... Continue Reading →
Oct. 13 (OE) Oil and gas company Sintana Energy has agreed to acquire Challenger Energy, which holds interest in two blocks offshore Uruguay as well as other assets in broader region. The all-share transaction, valued at about $60 million, will create a combined exploration platform spanning eight licenses in Namibia and Uruguay, as well as... Continue Reading →
Oct. 13, (OE) Sea1 Offshore, formerly Siem Offshore, has secured a new contract for its platform supply vessel (PSV) Sea1 Atlas. The contract for Sea1 Atlas PSV is in Brazil and has a duration of three years, along with six-month option at market terms. The start of operations is scheduled for the first quarter of... Continue Reading →
Oct.10 (offshore-energy.biz) Chevron Suriname Exploration, a subsidiary of U.S.-based energy giant Chevron, is preparing to embark on drilling activities off the coast of Suriname with a rig owned by Noble Corporation, an American offshore drilling giant. Chevron is set to drill the Korikori-1 exploration well this month, after receiving a permit for the drilling operations at the... Continue Reading →
Oct 8 (Reuters) - Brazil's government on Wednesday detailed a new Eco Invest auction to attract foreign equity into innovation and sustainability projects, offering a foreign-exchange hedge mechanism for the first time. The government will channel Climate Fund resources to financial institutions to structure foreign-exchange and performance risk-hedging mechanisms, which the Finance Ministry said would... Continue Reading →
Oct. 9 (Reuters) - Brazilian state-run oil firm Petrobras has racked up 180 million reais ($33.7 million) in costs to keep a drillship on standby in the Foz do Amazonas basin, a company source and a local union said, as it awaits a regulator's decision on a drilling request. The NS-42 drillship arrived in August... Continue Reading →
Oct. 8 (Agencia Eixos by Gabriel Chiappini and Gustavo Gaudarde) The Working Group, announced last week, to discuss the regulation of offshore wind power, by the National Energy Policy Council (CNPE), has dashed the hopes of industry representatives that the third Lula administration would hold the first auction for the transfer of land for offshore... Continue Reading →
Oct. 8 (offshore-energy.biz) London-headquartered energy services provider Hunting has begun the delivery of oil country tubular goods (OCTG) accessories to support deepwater drilling operations offshore Guyana, described by the company as a strategically important energy region. Hunting secured the $20 million contract early this year through a “global oilfield service company”, supporting what it says is... Continue Reading →
Brazil Energy Insight 