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 October 2025. The company recorded an average of 85,200 barrels in October. Highlights include Papa-Terra, which posted its best monthly production since the acquisition in December 2022, and Parque... Continue Reading →
European M.A.R.S. and Porto Central sign MOU to establish shipyard for dismantling oil platforms
Nov. 6 - The project to install a shipyard at Porto Central, currently under construction in Presidente Kennedy, in southern Espírito Santo, has made further progress. M.A.R.S. Europe A/S, the European subsidiary of M.A.R.S. Inc., has signed a new agreement with Porto Central to detail the project for the construction of a world-class shipyard in... Continue Reading →
Brava Energia Earnings Release 3Q25
Nov. 6 - Rio de Janeiro, November 5, 2025 – Brava Energia (“Brava” or “Company”) (B3: BRAV3) herein presents its results for the third quarter of 2025 (“3Q25”), presented in comparison with the pro forma¹ quarterly information for the 3Q24, considering the combined of 3R Petroleum and Enauta. ¹corresponding to the stake held by the... Continue Reading →
DOF Group ASA – Financial Report for 3rd quarter 2025
Nov. 6 - DOF Group ASA's Q3 2025 earnings press release highlights strong performance with revenue of USD 501 million and EBITDA of USD 205 million. The company reported a net profit of USD 107 million and a significant increase in its firm backlog to USD 4.7 billion. Key factors include a gain from the sale of vessels and strong contract... Continue Reading →
Orsted Has No Plans to Merge with Equinor’s Renewables Unit
Nov. 5 (Reuters) Danish offshore wind giant Orsted said on Wednesday that it had no plans to take over the renewables business of Equinor, its second biggest shareholder, which has proposed closer ties between the companies. Norwegian oil, gas and renewables group Equinor, which took a 10% stake in Orsted last year and injected close to $1... Continue Reading →
Sercel Awarded Five-Year Marlin Support Contract by ExxonMobil Guyana
Nov. 5 (OE) Sercel announced the award of a five-year technical support and maintenance contract by ExxonMobil Guyana Ltd. for the Marlin Vessel Tracking and Alerts (VTA) software solution, delivered to the client in 2024. Sercel will provide comprehensive technical support, system maintenance, and ongoing software enhancements for the Marlin VTA solution currently being deployed... Continue Reading →
Petronas, Chevron Sign Contracts for Production Offshore Suriname
Nov. 5 (Reuters) Two consortia led separately by Malaysia's Petronas and U.S. Chevron have signed production-sharing contracts with Suriname's Staatsolie to explore and develop two offshore areas in the South American country, the state company said on Wednesday. Under the 30-year contracts, Staatsolie will conduct a competitive process to select foreign companies to explore and produce oil and... Continue Reading →
Guyana partners strike loan deal
Nov. 4 (offshore-energy.biz) CGX, a Canadian-based oil and gas exploration company focused on oil exploration in the Guyana-Suriname Basin, has entered into a loan agreement with a subsidiary of Frontera Energy Corporation, its joint venture partner in a petroleum prospecting license for a block offshore Guyana. Thanks to a senior secured loan facility secured with... Continue Reading →
BW Ideol’s Proposed Factory for Serial Floating Foundation Production Secures EU Grant
Nov. 5 (offshoreWIND.biz) BW Ideol’s project involving a factory for serial production of concrete floating wind foundations in Fos-sur-Mer, France, has been selected for funding by the European Commission under the EU Innovation Fund, for a grant of up to EUR 74 million. The project, named Fos3F, was selected alongside ten other projects in the... Continue Reading →
Yinson Production’s CFO: Two new project bonds on the 2026 horizon to refinance FPSO duo
Nov. 4 (offshore-energy.biz) Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on the cards next year. With a lease-and-operate model as the crown jewel of its... Continue Reading →