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Brazilian offshore support vessel service company OceanPact has acquired two AHTS vessels, Skandi Saigon and Skandi Pacific, from Akastor's subsidiary DDW Offshore. OceanPact chartered the two vessels in March 2021 to support Petrobras' operations, with OceanPact having a purchase obligation at the end of the bareboat term. "Following the expiry of the charter period, both vessels are now... Continue Reading →
Denmark-based offshore wind developer Ørsted has signed an agreement with funds managed by Schroders Greencoat, a global specialist asset manager focusing on renewable energy infrastructure assets, to divest its remaining 25% minority interest in the London Array Offshore Wind Farm in the UK. The total value of the transaction is GBP 717 million (currently around... Continue Reading →
Shell is reportedly exploring options for its global renewable power operations, including a potential stake sale to outside investors. Bloomberg cited people with knowledge of the matter as saying that the oil giant is working with advisers to study a range of possibilities that could also include separating the business into a more independent unit. It was... Continue Reading →
(epbr) J&F Investimentos, the Batista family holding company, presented a proposal to Novonor for Braskem, the petrochemical company confirmed. The value of the offer, of R$ 10 billion, includes the acquisition of all credits held by Novonor's financial creditors – whose debt with financial institutions is guaranteed by its shares in Braskem. In a note... Continue Reading →
(OET) Newly formed upstream energy investment platform Samos Energy has completed its first acquisition by getting its hands on all shares of PetroFirst, a floating energy infrastructure owner, from funds managed by BlackRock Infrastructure and from Petrofac Limited. According to Samos Energy, this acquisition enables it to take over PetroFirst’s fleet of three offshore production... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it requested access to Braskem's virtual data room, on today's date, thus starting the due diligence process, according to the rules provided for in the Braskem Shareholders Agreement signed between Petrobras and Novonor S.A., for the possible exercise of tag along or preemptive rights, in the event of... Continue Reading →
Norway’s FPSO operator BW Offshore has completed the sale of another floating, production, storage, and offloading (FPSO) vessel to a buyer, whose name was not revealed. BW Offshore recently revealed that it had closed the sale of the FPSO Sendje Berge to an undisclosed local FPSO owner and operator for a total consideration of $15 million. The... Continue Reading →
(OE) Norwegian offshore vessel operator Solstad Offshore has officially exited the platform supply vessel business. Namely, the company on Wednesday completed the sale of its PSV fleet to the U.S. offshore vessel firm Tidewater for approximately $580 million. The transaction, first announced in March, was completed Wednesday, with all 37 platform supply vessels, primarily used for... Continue Reading →
(OE) Norwegian offshore vessel owner Solstad Offshore has revealed the expected completion date for its previously agreed sale of 37 platform supply vessels to the U.S. offshore vessel firm Tidewater. Solstad Offshore in March said it would sell 37 PSVs to Tidewater in a move that will mark Solstad Offshore's exit from the platform supply vessel... Continue Reading →
(PN) Petrobras has again extended the deadline for submitting proposals in the bidding process for contracting the new FPSO in the Albacora field. Now, the companies involved in the process will be able to file their bids until the 15th of September, as stated on the Petronect website. This is the second calendar postponement. As... Continue Reading →
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