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Petróleo Brasileiro S.A – Petrobras, following up on the Material Facts published on 03/07/2024, 04/25/2024 and 05/02/2024, informs that will pay on 06/20/2024 the second installment of dividends relating to the balance sheet of December 31, 2023. Dividends calculated in accordance with the Shareholder Remuneration Policy formula will be paid based on the shareholder position... Continue Reading →
(OE) Italian oil giant Eni has completed the sale of 10% of the share capital of Saipem, securing a little over $420 million (€393 million) in proceeds. The settlement of the transaction will take place on June 14, 2024, Eni sad. Following the placement, carried out through an accelerated bookbuilding aimed at institutional investors, Eni... Continue Reading →
(Offshore-energy.biz) Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investment to ramp up global transformer production, is expected to enable Hitachi Energy to meet... Continue Reading →
Petróleo Brasileiro S.A – Petrobras, following the Material Fact of 05/13/2024, 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 March 31,... Continue Reading →
(Reuters) - New tax credit rules unveiled by Brazil's government are expected to lead to a rise in gasoline and diesel prices in the country, an energy lobby said on Monday, estimating their impact on fuel distributors to reach 10 billion reais ($1.86 billion). President Luiz Inacio Lula da Silva last week published an executive... Continue Reading →
Oceaneering announced this morning (10) that it had signed two new and important contracts with Petrobras, which provide for the supply of up to 362 kilometers of steel tube umbilicals and thermoplastic electro-hydraulic umbilicals. The agreements also include the supply of associated subsea distribution hardware for use in offshore projects in Brazil. Manufacturing of the... Continue Reading →
(Reuters) - Brazil's Eletrobras (ELET6.SA), opens new tab, Latin America's largest utility, has signed a deal to sell its portfolio of thermoelectric power plants to Ambar Energia for a total 4.7 billion reais ($878.01 million), it said in a securities filing on Monday. The deal's price tag includes an earn-out of 1.2 billion reais, according to... Continue Reading →
(OE) Noble Corporation has entered into a definitive agreement to acquire Diamond Offshore, creating a fleet of 41 rigs - including 28 floaters and 13 jack-ups, and a combined backlog of approximately $6.5 billion. Noble will acquire Diamond in a stock plus cash transaction, whereby Diamond shareholders will receive 0.2316 shares of Noble, plus cash... Continue Reading →
To improve the efficiency and safety of deep-water oil and gas activities, Petrobras and Curtiss-Wright have entered into a technological cooperation agreement to design a fully electric, highly reliable subsea pumping system with far less dependency on the production platform. The new equipment produced by the partnership will reduce vessel costs, enable production through long... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that Moodys rating agency has reaffirmed its credit rating at "Ba1", one notch above the country, with a stable outlook. The stand-alone credit rating was also reaffirmed at "Ba1", reflecting the company's credit metrics and its positive track record of operational and financial improvement. The rating also reflects Moody's... Continue Reading →
