Oct. 6 (OE) Subsea robotics firm Forum Energy Technologies (FET) has secured a contract with long-term client DOF for the delivery of a work-class remotely operated vehicle (ROV) and supporting tether management system. The equipment will support extensive subsea operations in Brazil conducted by DOF, which operates one of the largest fleets of FET XLX... Continue Reading →
Exclusive: Batista brothers’ J&F in talks for EDF plant as Brazil power M&A surges
Oct 3 (Reuters) - J&F Investimentos SA, the holding company owned by Brazil's billionaire Batista brothers, is in talks to acquire French utility EDF's Rio de Janeiro thermal plant, according to two people familiar with the matter. The deal, which could fetch up to 2 billion reais ($374 million) according to one of the sources,... Continue Reading →
Brazilian offshore oil asset pair turning off the taps next month for scheduled maintenance
Oct. 3 (offshorte-energy.biz) The production mode at two oil-producing assets off the coast of Brazil is weeks away from being switched off, enabling operators to undertake planned maintenance activities in their chosen Campos Basin fields. South America’s Brava Energia has revealed that the output from its Papa-Terra field in the Campos Basin will be halted for up... Continue Reading →
Consortium led by Azevedo & Travassos signs R$1.76 Billion contract with Petrobras for works at the Boaventura Complex
Oct. 3 (PN) The consortium formed by Heftos, a subsidiary of Azevedo & Travassos, and Colares Linhares announced that it has signed a contract with Petrobras for the construction of the Hydrogen Generation Unit at the Boaventura Complex (formerly Comperj), in Itaboraí, Rio de Janeiro. The contract is worth R$1.76 billion. The contract provides for... Continue Reading →
Petrobras begins contracting for the construction of FPSO Búzios 12
Oct. 3 - Petrobras began the contracting process for the construction of FPSO Búzios 12, which will be installed in the Santos Basin, in the state of Rio de Janeiro. The new unit, P-91, will be the 12th platform assigned to the Búzios field, consolidating it as the company's largest producing field and increasing its importance in supplying natural gas in the country. Búzios... Continue Reading →
Brava Energia Production Data for September 2025
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 September 2025. With the September result, Brava achieved an average daily production of 91.8 thousand boe in the third quarter of 2025 (3Q25), an increase of 7% when compared... Continue Reading →
Japan Selects Two New Sites for Offshore Wind Development
Oct. 3 (offshoreWIND.biz) Japan’s Ministry of Economy, Trade and Industry (METI) and the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) have identified two sites off Akita City and Hibikinada Sea as promising offshore wind areas, while three sites off Chiba, Nagasaki, and Kagoshima have been marked as preparation areas. The newly designated promising areas... Continue Reading →
Samsung Heavy Industries Gets ABS Approval in Principle for Semi-Sub Floater Design
Oct. 3 (offshoreWIND.biz) Samsung Heavy Industries (SHI) has received an approval in principle (AiP) from ABS for its new semi-submersible floating wind turbine design, named SnapWind Float. The AiP from ABS comes shortly after the design was issued an Approval in Principle by the Korean Register (KR). The SnapWind Float, designed for 15 MW offshore wind... Continue Reading →
BP to seek partner for Brazil deepwater oil discovery
Oct 2 (Reuters) - BP will seek a partner for its major Bumerangue oil discovery in Brazil and could close a deal before making a final investment decision on the project, the oil major's country head said on Thursday. The British company, which currently holds 100% of the block, in August announced that Bumerangue was its largest oil... Continue Reading →
SBM Offshore reimaging FPSO ops with Cognite and SLB to power next wave of AI-enabled innovation
Oct. 2 (offshore-energy.biz) Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has strengthened ties with Cognite, an industrial AI software-as-a-service (SaaS) company, and SLB, a U.S.-headquartered technology player, to create an enhanced artificial intelligence (AI) blueprint envisioned to bolster operational efficiency and fuel further innovation in floating production systems. In... Continue Reading →