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(OE) Texas-based oilfield services provider Expro has secured a three-year contract by Woodside Energy to provide tubular running services (TRS) and cementing services for the Trion project, Mexico’s first deepwater oil production facility. Woodside and Expro have a long-standing partnership, with Expro supporting well construction activities in Mexico during the exploration phase. As part of... Continue Reading →
(OE) Azule Energy, a joint venture firm between BP and Eni, has made a gas discovery at the Gajajeira-01 exploration well, located offshore in the Lower Congo Basin, Republic of Angola. The well was spudded on April 1, 2025 in a water depth of 95 meters, approximately 60 kilometers off the coast. It encountered gas-... Continue Reading →
(OE) Iberdrola has signed green financing agreement with 24 banks for the East Anglia THREE offshore wind farm, being developed together with Abu Dhabi Future Energy Company (Masdar). The transaction valued at $4.88 billion, which was 40% oversubscribed, is one of the largest of its kind to date and will cover a substantial part of... Continue Reading →
July 11, 2025 – Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, in a meeting held today, has elected Angélica Garcia Cobas Laureano as Chief Energy Transition and Sustainability Officer, with a term lasting until April 13, 2027, aligned with the term of the other members of the Executive Board. The nomination... Continue Reading →
Petrobras is making a significant new exploration move in the Campos Basin. The company began drilling the pioneer well (1-BRSA-1401D-RJS) in the Água Marinha block, in a water depth of 2,600 meters. The drillship Deepwater Aquila, owned by Transocean, is operating the Água Marinha block. The Água Marinha block, in the Campos Basin pre-salt layer,... Continue Reading →
(OE) Perenco has completed the acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad and Tobago. The finalization of the deal, combined with Perenco’s existing operation of the Teak, Samaan and Poui (TSP) and Cashima, Amherstia, Flamboyant and Immortelle (CAFI) fields, aligns Perenco as a... Continue Reading →
(OE) Floatel International has signed a Letter of intent for Floatel Victory accommodation vessel to provide Maintenance and Safety Unit (MSU) services offshore Brazil. The MSU assignment is for three to four months. Option to extend the assignment after the firm period has been granted. The start of operations is scheduled for the first quarter... Continue Reading →
(Reuters) - Brazil has logistical and commercial flexibility to preserve the competitiveness of its oil on the international market if the 50% tariff announced by U.S. President Donald Trump on Wednesday comes into effect on August 1, experts told Reuters. Oil is the main product on Brazil's export list to the U.S. and until now was exempt... Continue Reading →
(OE) Norwegian offshore vessel owner Solstad Offshore has confirmed a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa. The four-year contract, which received board approval, is scheduled to begin in February 2026. The current contract for Normand Turquesa has also been extended by nine months and runs until start of... Continue Reading →
(OE) Some offshore wind turbine (OWT) support structures may fall short of required fatigue life expectations, according to a new Lloyd’s Register (LR) report, which also pinpointed reliability-based inspection as one of the measures to manage fatigue-driven risks in such structures. The case study evaluated a North Atlantic offshore wind farm of 60–70 turbines, with the... Continue Reading →
