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(Reuters) - Joaquim Silva e Luna, the incoming CEO of Brazil’s state-run oil company Petrobras, told Reuters that at least part of the executive board could stay on when he takes over in April, a signal that he is not planning a wholesale shake-up of management. The former defense minister and army general added, however,... Continue Reading →
Omni Táxi Aéreo has just expanded its fleet of helicopters used to transport workers in the oil and gas sector. The company acquired yet another AW139 model aircraft, made by Italian Leonardo. The model is super medium sized and capable of flying to the most distant platforms of the pre-salt, carrying up to 12 passengers.... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, regarding the pieces of news published in the media, clarifies about the sale process of Landulpho Alves Refinery (RLAM) and its associated logistics assets. In all asset sale processes, Petrobras establishes a value range that guides the transaction and considers the technical and productivity characteristics and the asset's potential to... Continue Reading →
(Bloomberg) --A former Glencore Plc trader was charged by U.S. authorities with conspiracy to manipulate a key oil price benchmark, the latest sign that prosecutors around the world are stepping up their scrutiny of the notoriously opaque commodity trading industry. U.S. prosecutors alleged that Emilio Heredia, a former Glencore employee, directed buy and sell orders... Continue Reading →
Norwegian energy intelligence group Rystad Energy expects to see an increase in offshore wells drilled this year and the next one, compared to 2020, when the number was hit by low oil prices and the pandemic. Now, with oil and gas demand recovering supported by vaccinations and OPEC+ supply cuts, Rystad expects offshore drilling activity... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on November 17, 2020, informs the beginning of the binding phase regarding the sale of all of its stakes in the Albacora and Albacora Leste concessions, located predominantly in deep waters in the Campos Basin. Potential buyers qualified for this phase will receive a... Continue Reading →
(Reuters) - Petroleos Mexicanos (Pemex) would consider having a consortium headed by U.S. company Talos Energy operate a shared oil field in southern Mexico, the chief executive officer of the Mexican state oil firm said. Discovered in 2017 in shallow waters of the Gulf of Mexico off Tabasco state, the Zama oil field is believed... Continue Reading →
Australian firm BHP, working to develop the deepwater Trion oil field offshore Mexico, has selected the offshore engineering firm DORIS to continue into the next phase of Trion’s engineering work, related to subsea umbilicals risers and flowlines. DORIS has previously completed the pre-DEED scope, and will now work on Front End Engineering and Design (FEED)... Continue Reading →
Offshore drilling contractor Vantage Drilling has received court approval for a previously proposed deal which entails Vantage managing some of the rigs owned by Seadrill Partners. Vantage said Friday it had has entered into a Framework Agreement and related Management and Marketing Agreements with Seadrill Partners LLC (“Seadrill Partners”) under which Vantage’s subsidiaries will provide operating, management... Continue Reading →
Offshore and subsea services company James Fisher on Monday launched a renewables business James Fisher Renewables, which sees consolidation of the group’s capabilities into what James Fisher said was "a comprehensive solutions provider." "Bringing together capabilities from across the group, JF Renewables will offer services through the project lifecycle including site preparation, UXO EOD, noise attenuation,... Continue Reading →
Brazil Energy Insight 