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HomeBrazil

Brazil

Equinor
Big Oil Companies

Equinor sells majority stake in Brazilian oil field for $3.5bn

May 2, 2025 Mariel Alumit

Norwegian energy major Equinor has sold its stake in the Peregrino field to Brazilian company Prio Tigris, a subsidiary of PRIO, for $3.5bn Equinor sold its 60% operated interest in the field to PRIO, Brazil’s […]

Solstad
Press

Solstad scores hat-trick of deals in Brazil

April 30, 2025 Stu Turley

Norwegian offshore vessel owner Solstad Offshore has won work for three of its vessels offshore Brazil. The contracts, subject to board approval, are for two yet unnamed anchor handling tug supply (AHTS) vessels and the […]

Big Oil Companies

Petrobras looking to charter up to 18 platform suppliers

April 30, 2025 Stu Turley

ENB Pub Note: We need to examine the amount of oil Brazil produces and exports. The following article from Americas Offshore points out that Petrobras has a large-scale tender to charter up to 18 platform […]

Latin America
Finance

Latin America Jumps up the Priority List

April 26, 2025 Stu Turley

Ten thinkers on the start of the U.S. president’s second term. By Catherine Osborn, the writer of Foreign Policy’s weekly Latin America Brief. This article is part of a collection on the second-term president’s approach […]

petroleum
Crude Oil News

Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024

April 24, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Note: HGLs=hydrocarbon gas liquids In 2024, U.S. exports of total petroleum products increased to a record 6.6 million barrels per day (b/d) annual average. Annual U.S. petroleum product exports […]

Vallourec
Exploration and Production

Vallourec wins pipe deal for Brazilian project from Allseas

April 22, 2025 Mariel Alumit

Swiss-based marine construction specialist Allseas has picked French tubing manufacturer Vallourec to supply line pipes for Petrobras’ Búzios 10 offshore project. This contract represents nearly 18,000 tonnes of subsea seamless premium carbon steel line pipes […]

Exploration and Production

Over a dozen injured in Petrobras platform fire

April 22, 2025 Stu Turley

A total of 14 workers were injured after a fire broke out on Petrobras’ Cherne 1 platform (PCH-1) in the Campos Basin, some 130 km off Rio de Janeiro. Initially, Petrobras reported that one service […]

Noboa
International News

How Noboa Avoided the Incumbency Trap

April 18, 2025 Stu Turley

Latin American voters tend to reject ruling parties and politicians. What did Ecuador’s president do differently? Analysis Latin American voters tend to reject ruling parties and politicians. What did Ecuador’s president do differently? By Oliver […]

BW Energy
Crude Oil News

BW Energy sets aside $107m to boost production from Brazilian deepwater field

April 16, 2025 Mariel Alumit

Oslo-listed BW Energy has made a final investment decision for the Golfinho Boost project, aiming to increase incremental oil production from 2027 by 3,000 barrels per day. According to the company, the project will also […]

Critical Minerals

Global Rare Earth Market Poised for Transformation

March 27, 2025 Clark Savage

A Chinese research institute predicts China’s share of rare earth materials could significantly decrease by 2035 due to new mines and emerging sources globally. The United States is actively seeking alternatives to China’s rare earth […]

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