BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3:BRAV3), pursuant to CVM Resolution No. 44, following the material facts disclosed on December 27, 2024 and January 10, 2025, hereby informs its investors and the market in general that, in a meeting held on January 23, 2025, the Board of Directors deliberated on the qualified bidders for the... Continue Reading →
Petrobras begins the Binding Phase of the Tartaruga Field in the Sergipe-Alagoas Basin
Petróleo Brasileiro S.A. - Petrobras, further to the notice disclosed on November 27, 2024, hereby announces the start of the binding phase for the total transfer of its 25% minority interest in the exploration, development, and production of oil and natural gas in the Tartaruga Field, located in the municipality of Pirambu-SE, in shallow waters... Continue Reading →
World first oil and gas safety measure installed on four drilling ships in South America
Salunda, the global leader in digitised solutions for safety critical industries, has integrated its Red Zone monitoring solutions on four drilling rigs in Guyana with Intellilift’s proven digital technologies to deliver automated location and control of critical equipment and personnel. The collaboration – on assets belonging to a major offshore drilling contractor - marks the... Continue Reading →
Solstad Plans Oslo Stock Exchange Listing
(OE) Norwegian vessel owner and services provider Solstad Maritime Holding has outlined plans to apply for a listing of its shares on Euronext Oslo Børs during the second quarter of 2025. The listing is in line with the company’s previously expressed intention to list within 12 months after completion of its $66 million (NOK 750... Continue Reading →
TGS and Petrobras launch advanced imaging centers in Brazil to boost offshore energy exploration
(offshore-energy.biz) Norway-based energy data and intelligence company TGS has launched advanced imaging centers in collaboration with Brazilian state-owned energy giant Petrobras to improve subsurface data interpretation for the Campos and Santos basins offshore Brazil. TGS noted that these centers, based at Petrobras’ Rio de Janeiro offices, will focus on ocean bottom nodes (OBNs) and 4D... Continue Reading →
Brazil’s first power auction for batteries could lead to $450 million in investments
(Reuters) - Brazil's first-ever auction to add batteries and storage systems to its national power grid, scheduled for later this year, is seen generating $450 million in investments, according to an estimate by consultancy firm Oliver Wyman. WHY IT'S IMPORTANT The batteries would be able to store energy from wind and solar power, renewable sources... Continue Reading →
Trump’s climate withdrawal creates rare discord with Big Oil
(Reuters) - U.S. oil and gas producers are thrilled that President Donald Trump wants to encourage domestic energy development but say his decision to withdraw the United States from international climate cooperation will not help their investment plans in the global transition to cleaner energy. The position reflects a rare note of discord between Trump and Big Oil, one... Continue Reading →
GE Vernova posts rise in quarterly profit but misses revenue estimates
(Reuters) - GE Vernova on Wednesday reported a rise in fourth-quarter profit, helped by strong performance in its grid equipment and services segment, but missed its revenue estimates. The U.S. government has awarded grants and loans worth billions of dollars to utilities to strengthen their grids, benefiting grid equipment firms such as GE Vernova, after... Continue Reading →
Halliburton warns of softer North America activity even as quarterly profit beats
(Reuters) - Halliburton on Wednesday warned of softer activity in North America this year even as the oilfield giant beat analysts' estimates for fourth-quarter profit helped by higher demand for drilling and pressure pumping services in the North Sea and Asia. The tepid outlook echoed that of rival Schlumberger, who flagged a flat 2025 revenue as... Continue Reading →
Petrobras announces extension of FPSO Cidade de Angra dos Reis production in the Tupi field
Petróleo Brasileiro S.A. – Petrobras announces that, on behalf of the Tupi field consortium, the company has signed amendments to the Charter and Service Agreements for the FPSO Cidade de Angra dos Reis (located in the Tupi field) with Tupi Pilot MV 22 B.V. and Modec Serviços de Petróleo do Brasil Ltda., extending the charter... Continue Reading →