4Subsea, Ashtead in Sensor Tech Pact

4Subsea and Ashtead Technology have sealed a partnership for global distribution of sensor technology to the oil and gas industry. Under the deal, 4Subsea’s autonomous, retrofittable sensors will be available to the global oil and gas industry via Ashtead Technology. Continue reading

Guyana: Saipem offloads pipes for Liza Phase 1

Italian oilfield services company Saipem has offloaded the second shipment of pipes to be installed as part of Exxon’s Liza Phase One project offshore Guyana. The Guyanese authorities have informed that the shipment arrived in Georgetown last week, and is the second of multiple shipments adding to the 1519 pieces of pipes received in December. The... Continue Reading →

Petrobras CARF decision related to IRPJ and CSLL collection on profits of controlled companies abroad

Rio de Janeiro, January 23, 2019 - Petróleo Brasileiro S.A - Petrobras informs that the Administrative Board of Tax Appeals (CARF) issued yesterday, by a majoroty vote, an unfavorable decision on a tax administrative proceeding that addresses the collection of Corporate Income Tax (IRPJ) and Social Contribution on Net Profits (CSLL), related to 2012, on... Continue Reading →

Halliburton shares fall as North America lags

Shares of oilfield firm Halliburton Co (HAL.N) fell sharply on Tuesday after the company forecast lower revenues in key business areas in the first quarter, overshadowing a quarterly profit beat and a pledge to reduce 2019 spending. Clients in North America, Halliburton’s biggest market by revenue, began pulling back on some drilling services last year... Continue Reading →

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