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BRAVA ENERGIA S.A. (“BRAVA” or the “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that, today, Yinson Production Offshore Pte. Ltd. (“Yinson”) has fully and early settled the receivables linked to the Company’s financing for the FPSO Atlanta adaptation project (“Transaction”). The Transaction contemplates the... Continue Reading →
Aug 5 (Reuters) - Germany's economy ministry published plans on Tuesday to diversify the sourcing of crucial components used mainly in offshore wind turbines by 2035 to reduce dependency on China. The move is part of the government's broader "de-risking" strategy amid geopolitical tensions with China, and after the energy crisis sparked by Russia's war... Continue Reading →
By Rafael Clemente, Key Sales Account Manager, Castrol Castrol explains why subsea hydraulic systems will be integral as we look for proven, viable solutions that are commercially feasible and do the job Operators today face an unenviable challenge: deploying new technology in more complex locations while increasing uptime and reliability at the same time. The... Continue Reading →
(oilnow.gy) Suriname is set to surpass Guyana in exploration and appraisal drilling activity in 2025, according to Wood Mackenzie in the latest World Oil Regional Report on Guyana and Suriname. “In 2025, for the first time since the Liza discovery, WoodMac expects to see more exploration and appraisal wells drilled in Suriname than in Guyana,” the report outlined. ... Continue Reading →
(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 →
(OE) Norwegian offshore vessel operator Solstad Offshore has secured a contract with Petrobras for its construction support vessel (CSV) Normand Commander. The vessel will be on a bareboat contract from the vessel owner Solstad Maritime to Solstad Offshore, who holds the contract with Petrobras. The four-year contract will start in the first quarter of 2026.... Continue Reading →
(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 →
(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 →
(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 →
(OE) Malaysia-based offshore services firm Sapura Energy has officially changed its name to Vantris Energy, to reflect the cumulative effort the company has made in its corporate transformation. This name change follows shareholder approval at an Extraordinary General Meeting held on 30 July 2025. The new name takes effect on 1 August 2025, following... Continue Reading →
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