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Robert Allan Ltd. Unveils RApide 1800 Design for Brazilian Bunkering Operations

Robert Allan Ltd. Unveils RApide 1800 Design for Brazilian Bunkering Operations

Robert Allan Ltd., in collaboration with Indústria Naval Catarinense Ltda. (INC), has developed a new pushboat design, the RApide 1800, to support Transpetro's bunkering operations in Brazil. This marks the first time Robert Allan Ltd. has designed vessels for Transpetro, a subsidiary of Petrobras, as part of a newbuild program for pushboats and barges in the fuel logistics market. The vessels are designed to provide maneuverability and operational reliability for bunkering support and barge handling in Brazilian ports. Key features include a length of 18.7 meters, a breadth of 9.2 meters, and a draft of 3.7 meters. The propulsion system consists of Z-drive thrusters powered by high-speed marine diesel engines, ensuring optimal control in restricted waterways. The vessels will be classed with Bureau Veritas and comply with Brazilian inland navigation requirements.

Robert Allan Ltd. Unveils RApide 1800 Design for Brazilian Bunkering Operations

Robert Allan Ltd. Unveils RApide 1800 Design for Brazilian Bunkering Operations

Robert Allan Ltd. Unveils RApide 1800 Design for Brazilian Bunkering Operations

Transocean Secures $1 Billion in Offshore Rig Contracts in Brazil and Norway

Transocean Secures $1 Billion in Offshore Rig Contracts in Brazil and Norway

Transocean Secures $1 Billion in Offshore Rig Contracts in Brazil and Norway

Constellation Secures $1.1 Billion in Brazil Deepwater Rig Extensions with Petrobras

Constellation Secures $1.1 Billion in Brazil Deepwater Rig Extensions with Petrobras

Constellation Secures $1.1 Billion in Brazil Deepwater Rig Extensions with Petrobras

Constellation Secures $1.1 Billion Contract Extensions with Petrobras for Brazil Deepwater Rigs

Constellation Secures $1.1 Billion Contract Extensions with Petrobras for Brazil Deepwater Rigs

Constellation Secures $1.1 Billion Contract Extensions with Petrobras for Brazil Deepwater Rigs

Constellation Secures $1.1 Billion Rig Extensions with Petrobras in Brazil

Constellation Secures $1.1 Billion Rig Extensions with Petrobras in Brazil

Constellation Secures $1.1 Billion Rig Extensions with Petrobras in Brazil

Analysis-Rising fuel prices test Milei's free‑market gamble as South America feels oil shock

Analysis-Rising fuel prices test Milei's free‑market gamble as South America feels oil shock

By Lucinda Elliott and Eliana Raszewski MONTEVIDEO/BUENOS AIRES, April 2 (Reuters) - The global surge in fuel prices is exposing how unevenly South America is positioned to absorb the shock, with Argentina’s radical free‑market experiment under President Javier Milei facing particular pressure.

Latin America's Offshore Drilling Gains Momentum Amid Middle East Instability

Latin America's Offshore Drilling Gains Momentum Amid Middle East Instability

Latin America's offshore drilling industry is gaining traction as geopolitical risks in the Middle East prompt a shift in focus. Constellation Oil Services Holding SA, a major supplier of deep-water drilling rigs, has extended contracts with Brazil's Petrobras and is optimistic about exploration prospects in regions like the Equatorial Margin and Pelotas Basin. The CEO of Constellation, Rodrigo Ribeiro, highlights Brazil as a leading market for offshore drilling due to its stable geopolitical environment and high-quality reserves. The company, which recently listed shares in Oslo, plans to distribute $25 million in dividends, reflecting confidence in the region's potential.

Latin America Offshore Drilling Gains Appeal Amid Iran Conflict, Says Industry Leader

Latin America Offshore Drilling Gains Appeal Amid Iran Conflict, Says Industry Leader

A leading supplier of deep-water drilling rigs to Brazil's national oil company, Constellation Oil Services Holding SA, anticipates a shift in the oil and gas industry towards projects in Latin America. This shift is attributed to the lower geopolitical risks in the region compared to the Middle East, especially in light of the ongoing conflict involving Iran. Constellation has recently extended three offshore drilling contracts with Petrobras, Brazil's state-controlled oil company, and is optimistic about exploration prospects in Brazil's deep-water regions, such as the Equatorial Margin and the Pelotas Basin. The company's CEO, Rodrigo Ribeiro, highlighted Brazil as the best market globally for offshore drilling due to its stable geopolitical environment and high-quality reserves.

Brazil's Braskem boosted by petrochemical prices, but debt problem looms

Brazil's Braskem boosted by petrochemical prices, but debt problem looms

By Luciana Magalhaes SAO PAULO, April 2 (Reuters) - Rising petrochemical prices have buoyed the long-term prospects for Brazil's Braskem, even as the company is racing against the clock to deal with looming interest payments on its debt.

Latin America Offshore Drilling Gains Traction Amid Iran War Market Shifts

Latin America Offshore Drilling Gains Traction Amid Iran War Market Shifts

Latin America Offshore Drilling Gains Traction Amid Iran War Market Shifts

Brazil's Iron Ore Production Set to Increase Due to Vale's Strong Performance

Brazil's Iron Ore Production Set to Increase Due to Vale's Strong Performance

Brazil, the world's second-largest iron ore producer, is projected to see a 1.9% increase in its iron ore production in 2025, reaching 437.2 million tonnes. This growth is primarily driven by Vale, the country's largest iron ore producer, which accounted for 76.9% of Brazil's output in 2025. The resumption of operations at the pelletizing Plant No. 4 and the ramp-up of the second concentrator at BHP's Samarco mine have also contributed to this increase. Vale's Capanema mine, which began operations in September 2025, is expected to add 15 million tonnes per annum to the company's 2026 production target. Further expansions, such as the Carajas Serra Sul S11D Project and the Vargem Grande Mining Complex, are anticipated to support continued growth.