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(Reuters) Brazil's environment protection agency Ibama is expected to decide by early next year if state-run oil company Petrobras PETR4.SA can drill near the mouth of the Amazon River, Ibama's president Rodrigo Agostinho said on Wednesday. The area is part of Brazil's Equatorial Margin, which Petrobras considers its most promising new frontier for oil and... Continue Reading →
(OW) Iberdrola France has launched its platform to identify and collaborate with companies committed to renewable energy and offshore wind for upcoming calls for tenders. According to Iberdrola, the company’s goal is to integrate new partners into the Iberdrola France network to facilitate collaboration on territories and future offshore wind projects. Iberdrola France is organising... Continue Reading →
(OE) Brazilian oil company Petrobras and Norwegian marine seismic services firm Shearwater have entered into a collaborative technology agreement aiming to reshape seismic exploration and field developments. This multi-year strategic partnership is set to evolve the seismic industry to new levels of performance, Shearwater said Wednesday. Central to this endeavor is Shearwater’s marine vibrator, with... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact of 08/03/2023, informs that it has paid today the first installment of the remuneration to shareholders for the second quarter of 2023. The gross amount distributed today is R$ 0.209176 per common and preferred share in the form of dividends and R$ 0.365476 per... Continue Reading →
(Reuters) -Officials in the Brazilian government have been discussing a possible replacement of the CEO of state-run oil company Petrobras, as they are unhappy with the firm's direction, two sources with knowledge of the matter told Reuters. President Luiz Inacio Lula da Silva has shown dissatisfaction with certain actions taken by CEO Jean Paul Prates.... Continue Reading →
Petróleo Brasileiro S.A – Petrobras, following the Material Fact of 11/09/2023, informs that, as a result of the share buyback program, there was a change in the number of treasury shares. Thus, the gross value of dividends and interest on equity per share to be paid based on the balance sheet as of September 30,... Continue Reading →
(OET) Japan’s MODEC has joined forces with Terra Drone Corporation, a compatriot drone and urban air mobility (UAM) technology company, to pursue the technical development of inspection drones for floating production, storage, and offloading (FPSO) vessels and large offshore platforms. To this end, the two players signed a memorandum of understanding (MOU) on November 7, 2023. Currently,... Continue Reading →
Wilson Sons, a leader in port and maritime logistics in Brazil, signed a contract with Beyond Petroleum (BP) to provide logistical support for drilling activities in the Pau Brasil block, through one of its Rio Offshore Supply Base, in Guanabara Bay. The contract with BP, a world leader in oil and natural gas exploration, development... Continue Reading →
(OE) Oslo-listed oil and gas company BW Energy said Tuesday it had completed the acquisition of the FPSO Cidade de Vitoria from Saipem. The FPSO is currently producing approximately 10,000 barrels per day of oil from the Golfinho field offshore Brazil. BW Energy will pay Saipem a total of USD 73 million in fixed consideration... Continue Reading →
(Reuters) Brazil's leftist President Luiz Inacio Lula da Silva pressed the head of state-run oil firm Petrobras, Jean Paul Prates, to modify the company's 2024-2028 investment plan to prioritize local job creation, five sources told Reuters. Lula's requests to Prates may raise fresh fears of political interference in the company, which under previous administrations has... Continue Reading →
Brazil Energy Insight 