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Oct. 27 (offshoreWIND.biz) TGS, an energy data and intelligence provider based in Norway and the US, and EOLOS, a floating LiDAR technology provider based in Spain, have partnered to offer wind and metocean measurement campaigns in Brazil. Within the partnership, TGS will manage client contracts, campaign design, deployment and operations, while EOLOS will supply its... Continue Reading →
Oct. 27 (OE) Offshore drilling contractor Borr Drilling has secured contract extensions for three of its premium jack-up rigs from Mexico’s national oil company Pemex. The rigs Galar and Gersemi have each been awarded two-year firm contract extensions that will commence in direct continuation of their existing contracts in Mexico. The extensions also include two... Continue Reading →
Oct. 24 - Petrobras has requested authorization from Ibama (Brazilian Institute of Environment and Renewable Natural Resources) to drill three contingent wells in the block. The oil company is currently drilling the Morpho well, in a water depth of 2,887 meters – the drilling is expected to last approximately five months. The drillship used in... Continue Reading →
Oct. 24 (offshore-energy.biz) Texas-headquartered manufacturer of pipes and related services Tenaris has secured a contract for the delivery of casing and tubing for what will be Mexico’s first deepwater oil development. Tenaris’ scope includes the supply of 12,000 tons of casing and tubing, including 1,600 tons in the Super 13 Chrome steel grade, for the Trion... Continue Reading →
Oct 23 (Reuters) - Oilfield services provider Baker Hughes on Thursday beat Wall Street estimates for third-quarter profit, driven by strength in its industrial and energy technology (IET) business. As oilfield services firms navigate a volatile market, resilient areas like LNG infrastructure, power grid upgrades, and growing electricity demand from data centers are helping support growth.... Continue Reading →
Oct. 23 (oilnow) TechnipFMC has delivered another solid quarter, reporting total revenue of US$2.65 billion for the third quarter of 2025. Net income attributable to the company was US$309.7 million, or US$0.75 per diluted share, while adjusted net income reached US$312.1 million. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at US$518.9 million,... Continue Reading →
Oct 20 (Reuters) - Danish shipping company Maersk is testing a blend of Brazilian ethanol with methanol and marine diesel - known as "bunker" - for its vessel engines as part of its efforts to further decarbonize operations, the company announced on Monday. WHY IT'S IMPORTANT The initiative could open a new market for Brazil's ethanol... Continue Reading →
Oct. 23 (OE) Norwegian offshore supply vessel owner DOF Group has secured contract extensions for two of its subsea vessels, both operating in Guyana. The contract extensions are for Skandi Nomad and Skandi Constructor, which will remain on duty for one more year each. Following the extensions, Skandi Nomad is contracted until the fourth quarter... Continue Reading →
Oct. 22 (Reuters) Italy's Saipem said on Wednesday its third-quarter adjusted core profit rose 29% year-on-year as the energy contractor pocketed new orders in Turkey and Guyana. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) came in at 437 million euros ($510 million), marginally beating an analyst consensus of 433 million euros compiled by... Continue Reading →
Oct. 22 (PN) Petrobras wasted no time in starting drilling the pioneer well in block FZA-M-59, in the Foz do Amazonas Basin, on the Equatorial Margin. The drilling, expected to last approximately five months, began on Monday (20), the same day that Ibama (Brazilian Institute of Environmental Protection) issued the environmental license authorizing the operation.... Continue Reading →
Brazil Energy Insight 