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Sept. 17 - Norwegian ocean technology company Miros has secured double-digit offshore technology wins across South America in 2026, strengthening its commercial momentum in the region. The wins were secured between Q1 and Q3 2026, with Brazil accounting for the majority of activity and further deployments linked to offshore operations in Guyana. This activity reflects... Continue Reading →
Rio de Janeiro, Brazil – September 17, 2026 – M&O and Belga Marine, willparticipate in ROG.e 2026, one of the leading meeting points for the globalenergy industry, taking place from September 21 to 24 at Riocentro, Rio deJaneiro. Together, M&O and Belga Marine will bring a diverse portfolio of internationaltechnology and service providers, showcasing solutions... Continue Reading →
Sept. 16 (oilprice.com) Argentina's controversial right-wing president, Javier Milei, slashed inflation with a brutal dose of economic austerity, but this came at a steep social cost. The cost of living is spiraling higher, fueling household debt, loan delinquencies, and economic hardship. Industrial output, since Milei took office, has declined sharply, with local companies closing at... Continue Reading →
Sept. 17 - Petrobras informs that its wholly-owned subsidiary Petrobras Netherlands B.V. (PNBV) has signed, with the Republic of Côte d’Ivoire and PETROCI Holding, Production Sharing Contracts (PSCs) for eight offshore exploration blocks located in the Republic of Côte d’Ivoire. The PSCs cover the offshore blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702. Petrobras, through PNBV,... Continue Reading →
Sept. 16 (PN) MDL has completed a SURF decommissioning campaign using its Wheeled Horizontal Lay System (WHLS) in deep waters off the coast of Brazil, in the Campos Basin. Carried out from a multi-purpose vessel, the project involved the recovery of flexible flowlines, umbilicals, and jumpers associated with a decommissioned FPSO. The client's name was... Continue Reading →
Sept 16 (Reuters) - Brazilian state-run oil firm Petrobras said on Wednesday it will hike diesel prices to distributors by an average of 1 real ($0.1941) per liter as of Thursday, while also giving a discount of the same amount. As a result of the moves, which followed the company's decision to enroll in a... Continue Reading →
Sept 16 (Reuters) - Wind farm developer Vineyard Wind said on Wednesday it had resolved a legal dispute arising from turbine supplier GE Vernova's effort to walk away from its $4.5 billion project in New England over claims it was owed more than $300 million. As part of a settlement, GE Vernova said it had... Continue Reading →
Sept. 16 (OE) Çan2 Termik's subsidiary Minerosol Group has signed a 20-year operating and production agreement with Venezuela's PDVSA for the CEMA (Petrokariña) oil field, with a planned investment budget of $381.7 million over the contract period. The agreement grants exclusive rights and includes the right to an additional 20-year extension subject to approval. The... Continue Reading →
Sept. 16 - Vallourec—a global leader in premium seamless tubular solutions—announces that it has secured a major contract with Subsea7 to supply seamless carbon steel line pipe and thermal insulation coating for the Sepia 2 project, developed by Petrobras in the pre-salt region of the Santos Basin, offshore Brazil. This award follows the EPCI (Engineering,... Continue Reading →
Sept 15 (Reuters) - Colombia's state-controlled oil company Ecopetrol on Tuesday approved a sweeping board overhaul proposed by newly inaugurated President Abelardo De La Espriella's government, as the company reels from corruption allegations and another senior management shake-up. Current chairman Luis Felipe Henao was reappointed to the nine-member board, along with Cesar Loza, and Ricardo... Continue Reading →
