South America / GoM
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04 Mar 26 |
Brazil: Petrobras plans to invest over R$150 million in geological characterization of the pre-salt layer with the Libra Rocks project Petrobras and its partners in the Libra Consortium will invest approximately R$151 million in the Libra Rocks project to develop innovative technologies and create conceptual geological models to be applied in Mero, Petrobras' third largest field, located in the pre-salt layer of the Santos Basin. |
03 Mar 26 |
Brazil: Petro-Victory Energy begins drilling SJ-12 Well at São João field, Brazil Petro-Victory Energy Corp has announced the commencement of its previously disclosed well commitment under the Memorandum of Understanding ('MOU') previously announced to the market, marked by the start of drilling on the SJ-12 well at the São João Field in the Barreirinhas Basin, Maranhão, Brazil. |
02 Mar 26 |
Brazil: OceanPact and CBO announce business combination OceanPact and CBO have announced, in a Regulatory Filing, the combination of their businesses, to be implemented through the incorporation of CBO’s holding company into OceanPact. Upon completion of the transaction, the combined company will have a fleet of 73 vessels, annual revenue of more than USD 778 MM (R$ 4 billions) and a backlog of USD 2,7 billions (R$ 14 billions). |
