November 4 – PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3) announces its earnings for the third quarter of 2025. HIGHLIGHTS OF THE PERIOD Click here for the Earnings Release.
PRIO 3Q25 Earnings Release
Offshore wind group Orsted turns to net loss in Q3 following US woes under Trump
Nov 5 (Reuters) - Orsted, the world's biggest offshore wind farm group, swung to a quarterly net loss of 1.70 billion Danish crowns ($265,50 million), it said on Wednesday, hit by U.S. President Donald Trump's trade policies and resistance to renewable energy. Orsted's shares have plummeted 85% from their 2021 peak, hit by soaring costs... Continue Reading →
Oceaneering Expands Vision Platform with Subsea Module for Engineering‑Grade Integrity Visualization
Nov. 4 (OE) Oceaneering International, Inc. announced Vision Subsea, a new module within the cloud‑based Vision 3D data visualization software platform developed by GDi, an Oceaneering company. The module presents engineering-grade point cloud data generated during ROV operations, giving engineers a measurable, contextual view of subsea asset integrity to better enable identification of anomaly location,... Continue Reading →
PRIO October 2025 Operational Data
Nov. 4 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of October. Key: (1) In the Frade field, there was a temporary production shutdown on October 26, due to an unintentional activation of the fire and gas detection... Continue Reading →
Exxon’s proposed Longtail development in Guyana
Nov. 2 (oilnow.gy) Exxon’s proposed Longtail project will mark Guyana’s entry into gas development, setting the stage for the country’s first non-associated gas production. The project, which targets a final investment decision in 2026, is expected to operate for three decades and feature the largest gas-handling facility ever built in the Stabroek Block. Key facts about Longtail: Focus: Longtail... Continue Reading →
Seatrium sells two PSVs for $59.7mm to Brazilian Posidionia Shipping
Oct. 3 - Seatrium has announced the sale of two platform supply vessels (PSVs) to Brazilian vessel operator Posidionia Shipping and Trading for $58.7m. The two vessels are held under a special entity called Guanabara Navegação and will be sold to Brazilian vessel operator. “This accretive divestment is in line with the Group’s strategic intent to... Continue Reading →
BP profit beats expectations, but no news on Castrol sale
Nov 4 (Reuters) - Oil major BP reported a smaller than expected fall in third-quarter underlying profit on Tuesday as a strong performance at all divisions led by refining helped to offset the impact of lower crude prices. However, there was no update on the closely-watched sale process for its Castrol lubricants unit, the centre-piece of... Continue Reading →
EnerMech strengthens Americas operations with multi-year strategic investment and leadership expansion
Nov. 4 - EnerMech has embarked on a multi-year, high-value investment program across its Americas operations, reinforcing its long-term commitment to the region and its people. This strategic outlay reflects the company’s confidence in the market despite global headwinds, as it continues to build a future-ready business anchored in local capability, leadership and talent. The enhancement plan encompasses equipment, people and facilities across... Continue Reading →
Brazil Pre-Salt Oil Hits New Production Record in September
ANP reports new record for the pre-salt layer, for the month of September with a production of 4.143 million barrels of oil equivalent per day. The volume represents an increase of 2.7% compared to the previous month and 12.5% compared to September 2024. Pre-salt production, which occurred through 169 wells, accounted for 81.1% of the... Continue Reading →
Peru’s Upland challenges disqualification from relaunch of top Amazon oilfield
Nov 3 (Reuters) - Peruvian oil firm Upland Oil and Gas said on Monday it would ask the South American nation's regulator to review its application to operate in Block 192, once Peru's largest Amazon oilfield, after it was disqualified days earlier. State agency Perupetro disqualified Upland, which operates other reserves in the country's Amazon... Continue Reading →
Brazil Energy Insight 