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(Reuters) - Italy's Eni became the latest energy group to benefit from the oil and gas boom as it posted its best result since 2012 to provide cash to cover returns to investors and also fund its green drive. The group swung to an adjusted net profit of 4.74 billion euros ($5.4 billion) last year... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), in compliance with the provisions of CVM Resolution No. 44, comes to clarify the veracity of the article entitled “3R Petroleum devolve bloco na Bacia Potiguar” published on this date by a private platform for capital market investors (“News”). Regarding the News, the Company... Continue Reading →
In a conference with investors, the company's CEO, Roberto Monteiro, detailed some of the future steps of the oil company. On the exploratory side, the executive said that in March the company will start a new drilling campaign in the Campo de Frade field, in the Campos Basin. Also according to Monteiro, the campaign will... Continue Reading →
(OE) Brazilian oil company Enauta said Thursday that it has successfully replaced the seabed pump and returned to production a well at its Atlanta field, offshore Brazil. With the well, named well 7-ATL-4HB-RJS, online, the field returned to producing around 12,500 barrels of oil per day, contributing to the company's total production of around 21,500... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/04/21, informs the beginning of the non-binding phase regarding the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (PAI) in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA, which owns offshore fields in the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 04/09/21, informs that it concluded today, together with its subsidiary Petrobras Gás S.A. (Gaspetro), the transaction to finalize the pending litigation with Termogás S.A. (Termogás). As a result of this transaction, Termogás acquired the shares of Companhia Maranhense de Gás (Gasmar) held by... Continue Reading →
(Reuters) - Glencore's (GLEN.L) traded oil volumes fell to below 4 million barrels per day in 2021 for the first time since 2015, the company's results showed on Tuesday. The global trader and miner traded 3.86 million bpd in 2021, down from 4.2 million bpd a year earlier, showing it has not recovered volumes after the peak... Continue Reading →
Amid the improving market conditions and increasing demand, the Norwegian offshore vessel owner, Solstad Offshore, has inked a new deal for one of its subsea construction support vessels (CSVs) with the Brazilian oil and gas giant Petrobras, which will allow the vessel to operate offshore Brazil. Solstad Offshore announced the contract award for the CSV Normand Valiant with... Continue Reading →
(OE) FPSO leasing company BW Offshore has decided to record an impairment to the book value of the FPSOs BW Athena, Espoir Ivoirien, Sendje Berge, Petróleo Nautipa and Umuroa amounting to $66.6 million in the fourth quarter of 2021 as well as $23.8 million for the loss on the sale of the Joko Tole FPSO.... Continue Reading →
French energy major TotalEnergies is withdrawing from its operated project located in the deepwater Gulf of Mexico to focus on better opportunities to allocate its capital. TotalEnergies informed on Thursday that its affiliate, TotalEnergies E&P USA, decided not to sanction and so to withdraw from the North Platte deepwater project in the U.S. Gulf of Mexico. The... Continue Reading →
