DeepOcean Gets ExxonMobil’s Guyana Task

(OE) Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and inspection, maintenance, and repair (IMR) services offshore Guyana in South America. Under the contract, DeepOcean will plan and execute a wide range of subsea activities, including subsea construction and jumper installations as well as subsea... Continue Reading →

Petrobras targets reliable subsea production with topside-less technology 

(OET) Brazilian state-owned oil and gas giant Petrobras has appointed a North Carolina-headquartered company to deliver a seal-less canned motor boosting system for its field in the Campos Basin with the aim of enabling reliable subsea production. Curtiss-Wright Corporation has signed a technology cooperation agreement with Petrobras to design, manufacture, test, and provide operational support for... Continue Reading →

Mexican tycoon Slim cites interest in more oil investments, growing stake in Talos

(Reuters) - Mexican tycoon Carlos Slim is interested in increasing his investments in the oil sector, including in U.S.-based Talos Energy's (TALO.N), opens new tab projects, after the billionaire businessman bought a stake last year in a major offshore project discovered by Talos. Speaking at a press conference, Mexico's richest person signaled he would like to grow... Continue Reading →

Brazil to Reappoint Government Representatives to Petrobras Board – Sources

(Reuters) Brazil's government will reappoint its representatives to the board of state-run oil firm Petrobras, sources said on Friday, a sign energy minister Alexandre Silveira is maintaining his influence over an administration he has criticised. Silveira is in charge of Brazil's mining and energy ministry, which controls six of the 11 seats on the board. Two sources said... Continue Reading →

Venezuela threatens “forceful” response to ExxonMobil’s Guyanese drilling plans

(Bloomberg) – Venezuela said it would respond in a “forceful” way to Exxon Mobil Corp.’s plans to drill in the disputed Essequibo region off the coast of Guyana. Venezuelan Defense Minister Vladimir Padrino said that Exxon’s plan to drill exploration wells in the region will be met with a “proportional, forceful and rightful response,” according to a... Continue Reading →

Petrobras on payment of dividends

Petróleo Brasileiro S.A - Petrobras, following up on the press releases published on 11/09/2023 and 11/21/2023, informs that it will pay on 02/20/2024 the first installment of dividends and interest on capital (JCP) relating to the balance sheet of September 30, 2023, based on the shareholder position of 11/21/2023, in connection to the Material Fact... Continue Reading →

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