The agreement includes a headline consideration of £116m ($155.82m) and the transfer of £99m in decommissioning liabilities.

PBR is set to deploy a drill ship to Amapa for oil exploration in the Foz do Amazonas Basin amid regulatory hurdles and environmental scrutiny.

Norwegian services player DOF Subsea has been awarded four long-term charter agreements for anchor-handling tug supply ...

Petrobras is advancing its plans to start drilling in Brazil’s Foz de Amazonas Basin, pending final approvals and facing environmental concerns.

Subsea 7 announced a sizable subsea contract in West Africa, the offshore engineering and services player's third contract ...

KNOT Offshore reported a net income of $7.6 million for Q1, down from the prior quarter despite fleet utilization exceeding 99 percent.

Terje Askvig, CEO, and Reese McNeel, CFO, will present the results at Pareto Securities, located at Dronning Mauds gate 3, 0115 Oslo, on 21 May 2025 at 10:00 CEST. This presentation is open to the ...

MercadoLibre Inc. Chief Executive Officer Marcos Galperin will become executive chairman of the e-commerce and financial ...

Brazil's steel and oil industries are evolving amidst political challenges and global trade dynamics, as the country ...

CATL, a leading EV battery manufacturer, projects electric trucks to comprise 50% of China's truck sales by 2028, leading to ...

The upgrade of the Brazilian stocks recommendation to "Buy" is due to: Expectations of political change amid the declining ...

Brazilian oil firm Petrobras will have a drill ship ready to make the trip to the northern state of Amapa by the end of the ...