Brazil’s latest oil auction signaled a revival in offshore exploration, with Petrobras, Equinor, and Chinese firms among the winners. The pre-salt round saw five of seven blocks awarded, underscoring renewed deepwater interest despite soft crude prices and cautious global spending.
Helix-Hornbeck Offshore merger wins shareholder approval
Helix shareholders have approved the company's all-stock combination with Hornbeck Offshore...
