(TN) Petrobras has signed R$1.2 billion charter and nautical operation and hotel service contracts for two self-elevating Liftboat vessels. These vessels will support maintenance and readiness operations for fixed platforms to be decommissioned in the Sergipe-Alagoas and Rio Grande do Norte-Ceará basins. The commercial agreement, resulting from a bidding process, was signed with OOS International... 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 →
ExxonMobil’s Profit Shoots Above Expectations
(Reuters) Exxon Mobil, the United States' biggest oil producer, beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset the impact of lower crude prices. Oil and gas production was the highest for any second quarter since the merger of Exxon and Mobil formed the... Continue Reading →
Record Production Boosts Chevron’s Second Quarter Earnings
(Reuters) Chevron beat analyst estimates for second-quarter profit on Friday as record oil and gas production and lower capital expenditure helped the U.S. oil producer boost earnings despite weaker crude prices. The No. 2 U.S. oil major triumphed last month in a legal challenge from Exxon Mobil XOM.N in order to close its $55 billion... Continue Reading →
Oil shipments from Brazil to US to resume after tariff exemption, says lobby group
July 30 (Reuters) - Energy companies operating in Brazil are expected to resume oil shipments to the United States after several oil products were exempted from U.S. tariffs, the head of Brazilian oil lobby group IBP told Reuters on Wednesday. Oil is Brazil's top export to the U.S. and was exempt from the 10% April... Continue Reading →
Blue Water to Ensure Noble Developer’s Smooth Drilling Ops off Suriname
(OE) Blue Water Suriname has secured rig agency and logistics contract for Noble Corporation’s Noble Developer rig, which is engaged on drilling operation for Petronas offshore Suriname. Blue Water team in Suriname will offer rig agency and the logistics and shorebase support Noble Developer, engaged in drilling operations in Block 52. Located strategically off the... Continue Reading →
Petrobras clarifies news on Braskem
July 24, 2025 – Petróleo Brasileiro S.A. – Petrobras, in relation to news reported in the media regarding a petition filed with the Administrative Council for Economic Defense (CADE), hereby announces that it has requested to join as a third party in the merger review proceedings evaluating the possible purchase of shares in NSP Inv.,... Continue Reading →