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July 30 (Reuters) - U.S. President Donald Trump threatened Brazil with 50% tariffs this month, venting his anger over the country's prosecution of his political ally, former President Jair Bolsonaro, but the move may provide ammunition to plaintiffs aiming to bring down the centerpiece of the White House's tariff agenda. Trade law experts and plaintiffs in... Continue Reading →
(OE) Autonomous subsea robotics and software solutions specialist Nauticus Robotics has signed a master services agreement (MSA) with Advanced Ocean Systems (AOS), forming a strategic alliance seeks to accelerate the integration of autonomy across the offshore sector. The agreement is structured around an ongoing, multi-year commitment that is expected to see the two organizations collaborate... Continue Reading →
(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 →
July 29, 2025 - Petrobras average production of oil, NGL and natural gas was 2.91 MMboed in 2Q25, 5.0% higher than 1Q25. This performance was mainly due to the ramp-up of FPSOs Almirante Tamandaré, in Búzios field, Maria Quitéria, in Jubarte field, Anita Garibaldi and Anna Nery, in Marlim and Voador fields, to Marechal Duque... Continue Reading →
(PN) BP identified oil and gas signs in the wildcat well (1-BP-13-SPS) of the Bumerangue block, located in the Santos Basin pre-salt layer, in a water depth of 2,300 meters. Drilling of the well began in late May with the Valaris Renaissance drillship. The Bumerangue block was fully acquired by BP during the 1st Cycle... Continue Reading →
(offshoreWIND.biz) DNV and American Bureau of Shipping (ABS) have issued an Approval in Principle (AiP) for Wison New Energies’ w.TLP and w.semi floating offshore wind foundation technology. In June, the company’s W.TLP foundation, designed for 12 MW turbines, was granted AiP certification by ABS. Featuring a tension leg platform (TLP) configuration, the design addresses the... Continue Reading →
(OE) Texas-based oilfield services company Weatherford has secured a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by Woodside’s Mexican subsidiary. The multi-year contract includes MPD services for an initial eight wells with the potential to expand to 24 wells. As part... Continue Reading →
STRYDE, the world’s leading provider of cutting-edge nodal seismic acquisition technology, is proud to announce that the National Observatory of Brazil (Observatório Nacional) has purchased STRYDE’s Mini and Nimble seismic systems to support its geophysical research and exploration activities across Brazil. The National Observatory of Brazil is one of Brazil’s oldest and most respected scientific... Continue Reading →
July 28 (Reuters) - Mexican state energy company Pemex on Monday reported a net profit of 59.52 billion pesos ($3.17 billion) for the second quarter of this year, helped largely by a more favorable exchange rate. Like most of its Latin American peers, Pemex is essentially a dollar-denominated state company, including for the vast majority... Continue Reading →
July 28 (Reuters) - The Portuguese government plans to invest up to 400 million euros ($466 million) to improve grid management and boost battery storage following a massive blackout across Spain and Portugal in April. Energy Minister Maria da Graca Carvalho said on Monday about 137 million euros of the investment would go towards improving the operational... Continue Reading →
Brazil Energy Insight 