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Jan 7 (offshoreWIND.biz) Switzerland-headquartered Holcim has taken a minority equity ownership in the floating offshore wind technology developer BW Ideol. “This investment sends a powerful message to the floating offshore wind industry, confirming the maturity and deliverability of concrete foundation solutions. With Holcim by our side, we’re making significant strides in our large-scale, concrete serial... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3) informs its investors and the market in general of the preliminary and unaudited production data for the month of December 2025. The Company ended 2025 with an average production of 81,3 kboe/d, a 46% increase when compared to the previous year, with Papa-Terra and Atlanta standing out,... Continue Reading →
Jan 6 (Reuters) - Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States, U.S. President Donald Trump said on Tuesday, a flagship negotiation that would divert supplies from China while helping Venezuela avoid deeper oil production cuts. The agreement is a strong sign that the Venezuelan government... Continue Reading →
Jan 7 (Reuters) - Equinor does not plan a return to Venezuela, after leaving the country in the early part of this decade, the Norwegian oil and gas company's CEO told Reuters on Wednesday. "At the moment, that's not on the table," Anders Opedal said on the sidelines of a business conference. "We pulled out of... Continue Reading →
Jan 7 (Reuters) - Denmark's Orsted said on Wednesday its unit Sunrise Wind will challenge the U.S. government's decision last month to suspend its offshore wind project lease and will seek a court injunction. The Trump administration suspended leases on December 22 for five large offshore wind projects that are under construction off the U.S. East Coast over... Continue Reading →
Jan. 4 - The Transocean Deepwater Mykonos rig has been contracted by BP for a campaign estimated at 302 days. Operations are scheduled to begin in the third quarter of 2026, contributing approximately US$120 million to Transocean's backlog. This amount does not include any additional services or compensation related to the mobilization and demobilization of... Continue Reading →
Jan. 6 (PN) The first operational challenge for Petrobras in the search for oil on the Equatorial Margin. The oil company halted drilling at the Morpho well, in block FZA-M-059, off the coast of Amapá last Sunday (4). In a note sent today the oil company explained that it interrupted the activity after identifying the... Continue Reading →
Jan. 6 (oilnow.gy) Guyana is set to rank second among the world’s largest new oil field start-ups in 2026, with first production from the Uaru field expected to begin in July at nearly 136,000 barrels per day (b/d), according to S&P Global Energy CERA on January 5. “Eight of the world’s largest oil field developments... Continue Reading →
Jan. 6 (oilnow.gy) A consortium led by TotalEnergies plans to begin a US$25 million 3D seismic survey at Guyana’s offshore Block S4 in August 2026, a project summary from the Environmental Protection Agency (EPA) said. The proposed campaign will cover about 2,000 square kilometers in shallow waters roughly 40 km offshore, at depths of 20 to... Continue Reading →
Jan. 6 (oilnow.gy) Guyana’s Minister of Natural Resources, Vickram Bharrat, has assured that offshore oil and gas exploration activities continue without a hitch. The assurance comes amid heightened geopolitical tensions in the region following the capture of Venezuelan President Nicolás Maduro by U.S. military forces over the weekend. Bharrat confirmed to OilNOW on January 4... Continue Reading →
Brazil Energy Insight 