27 April 2026
27 April 2026
The company's total revenue for the quarter reached $8.72bn, a 3% increase from $8.49bn in the previous year.
By 10:19 GMT, Brent crude futures had risen by $2.18, or 2.1%, to $107.25/bbl, while WTI futures had climbed $1.78, or 1.9%, to $97.73/bbl.
The UK-based offshore drilling contractor’s total revenue fell by 10% to $786m (£579.85m) from $874m a year earlier.
Construction on the pipeline expansion project is expected to commence in July 2026.
The combined company will consolidate resources to deliver subsea and marine transport solutions across oil and gas life cycles and beyond.
Brava Energia was established in 2024 following a merger between 3R Petroleum Óleo e Gás and Enauta Participações.
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