Petrobras exercises its right of first refusal on Petronas’ Campos Basin stakes, forcing Brava Energia to abandon a $450M acquisition deal already in progress The Deal That Was Brava Energia announced the acquisition in January 2026: the company would purchase…
Brazil’s PRIO wins Ibama clearance for a 14-well campaign at the Frade field, advancing its Wahoo-Frade cluster strategy around the FPSO Valente in the Campos Basin The Authorization Brazil’s environmental regulator Ibama has issued an amendment to PRIO’s existing drilling…
Eni strikes two adjacent gas structures off Libya with over 1 tcf of gas in place, paving the way for fast-track development via existing offshore infrastructure Back-to-Back Strikes in Libyan Waters The Italian major’s exploration campaign targeted two adjacent geological…
The American OSV giant’s all-cash acquisition of Wilson Sons UltraTug Offshore isn’t just about 22 PSVs — it’s a masterstroke to unlock Brazil’s regulatory fortress Tidewater Inc. (NYSE: TDW), the Houston-based offshore support vessel operator that has spent the last…
