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Maech 30 (Sinaval) Belov Engenharia has signed a total of eight contracts with Petrobras for chartering and providing shallow diving (up to 50 meters) and ROV services with DSV (Diving Support Vessels) type vessels, which will come into effect between the second half of 2026 and the second half of 2027. The signed contracts total... Continue Reading →
March 30 (OE) Yinson Production has started operating a pilot carbon capture and storage (CCS) unit on the Agogo floating production, storage and offloading (FPSO) vessel offshore Angola, which is deemed the world’s first post-combustion CO2 capture plant installed on an offshore facility. The system has been developed in collaboration with Azule Energy and Norway-based... Continue Reading →
March 30 (OE) Iberdrola has awarded contracts to Siemens Energy and Prysmian, worth more than $4 billion (€3.5 billion), for the development of the Eastern Green Link 4 subsea electricity interconnector between Scotland and England. Under the agreements, Siemens Energy will supply two high-voltage direct current converter stations, while Prysmian will provide more than 640... Continue Reading →
March 27 (Reuters) - Global energy companies are getting back to basics and focusing on the hunt for new sources of oil and gas, executives declared at the CERAWeek conference in Houston this week, ending years of underinvestment in exploration. In recent years, the shale revolution in the U.S. promised abundant, flexible supply, while growth... Continue Reading →
March 26 - NOV announced plans to virtually double the capacity of its submarine flexible pipe manufacturing unit at the Porto do Açu, in São João da Barra (RJ), through a US$200 million investment over the next three years. According to Jose Bayardo, chairman, president and CEO of NOV, the expansion of the unit comes... Continue Reading →
March 25 (offshore-energy.biz) As the industry’s shift from automation-assisted drilling to repeatable, scalable well construction automation continues, the U.S.-headquartered oilfield services player Halliburton has tucked a new milestone under its belt by pooling resources with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team to advance digital well construction off the coast of Guyana. The... Continue Reading →
March 25 (Reuters) Brazil's Petrobras will discuss a possible partnership with Mexico's Pemex during a visit to Mexico next month, Mexican President Claudia Sheinbaum said on Tuesday, after her Brazilian counterpart proposed joint projects in the Gulf of Mexico for the two state-run oil companies. Sheinbaum added during her daily morning press conference that she... Continue Reading →
March 20 (Reuters) - As widening conflict in the Middle East roils global energy markets, one city in southern Brazil is planning to run more of its municipal fleet on an innovative homegrown biofuel designed to replace diesel entirely. Nestled among rolling expanses of soybean farms in the state of Rio Grande do Sul, the... Continue Reading →
March 18, 2026 /PRNewswire/ -- Sumitomo Corporation do Brasil and Cemvita, Inc. today announced the signing of a Memorandum of Understanding (MOU) to collaborate on integrated bio-methane (Renewable Natural Gas, RNG) and renewable bio-oil (FermOil™) projects in Brazil. The partnership is focused on accelerating the deployment of low-carbon, waste-based fuels and strengthening Brazil's position as a... Continue Reading →
March 18 (oilnow.gy) Halliburton and ExxonMobil Guyana Limited have completed the industry’s first fully automated closed-loop well placement offshore Guyana, the companies said in a March 16 release. The project was carried out with Sekal, Noble, and the Wells Alliance Guyana team. The automated workflow links geological data, well placement decisions, and rig control systems... Continue Reading →
Brazil Energy Insight 