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Petrobras' Board of Directors (CA) has reappointed Magda Chambriard as the company's CEO for a two-year term, from April 13, 2025 to April 13, 2027. She has been at the helm of the company since June of last year, when she replaced Jean Paul Prates. The oil company's CA also approved the reappointment of seven... Continue Reading →
In late March, efen and Wilson Sons carried out the first HVO (hydrotreated vegetable oil) fuelling operation in Brazil’s maritime sector. The operation was conducted at the Açu Liquid Bulk Terminal (TLA), owned by Vast Infraestrutura. Approved in February by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP), this is the first HVO... Continue Reading →
(Reuters) - Brazil's Petrobras is weighing opportunities from an oil block auction set to take place this year in India, said the state-run oil firm's head of exploration and production, Sylvia dos Anjos, on Thursday. Petrobras has already collected data to analyze the potential of the offshore areas on offer in deep and ultra-deep waters,... Continue Reading →
(Reuters) - Brazil's government is preparing an extra auction this year of stakes in offshore oil areas to boost revenue, a plan gaining steam amid falling oil prices and rising global trade uncertainty, said four people familiar with the matter. Two of the sources, who spoke on condition of anonymity, said the auction will involve... Continue Reading →
(Reuters) Brazilian oil company Petrobras is set to hold a tender for a new production vessel for the country's pre-salt Buzios field in "the next few months," the state-run firm told Reuters on Tuesday. Reuters reported earlier in the day, citing sources familiar with the matter, that the tender would become public in 60 days.... Continue Reading →
SBM Offshore has signed a non-recourse sale and leaseback financing agreement for Cidade de Paraty floating, production storage and offloading (FPSO) unit, for the total amount of $400 million and with a tenor of eight years. The transaction is expected to be completed before the end of April 2025, following the fulfillment of certain closing... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of March 2025. (1) Papa-Terra: On April 16, 2024, 3R Offshore exercised, in accordance with the provisions of the Joint Operating Agreement (JOA), the right of compulsory assignment (forfeiture) of... Continue Reading →
(OE) Hanwha Ocean has held a naming ceremony for its high specification ultra-deepwater drillship Tidal Action, signaling its official entry into the deepwater drilling industry. The Tidal Action is built on Hanwha Ocean’s proprietary design and is capable of drilling at depths of up to 12 kilometers in waters as deep as 3.6 kilometers. The... Continue Reading →
(offshoreWIND.biz) Corio Generation, a standalone portfolio company of Macquarie Asset Management, plans to restructure its offshore wind development business to focus on a smaller portfolio of projects. A spokesperson for Corio Generation said: “Given challenging market conditions in the offshore wind sector, Corio Generation is refocusing its global operations to prioritise the development of a smaller portfolio of... Continue Reading →
(Reuters) Petrobras has completed work on a veterinary center in the Amazon region that is required for it to obtain an environmental permit for an offshore drilling project, the company said on Saturday. The animal care center in the town of Oiapoque, Amapa state, is designed to assist animals in the event of an oil... Continue Reading →
Brazil Energy Insight 