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Petróleo Brasileiro SA – Petrobras, in compliance with Article 12 of CVM Resolution No. 44, of 08/23/2021, informs that it was communicated by Goldman Sachs & Co. LLC, a subsidiary of The Goldman Sachs Group, Inc., by Goldman Sachs International, and other subsidiaries of The Goldman Sachs Group, Inc., namely Goldman Sachs do Brasil Banco... Continue Reading →
(Valor) The auction of the surplus volumes from the transfer of rights in Sépia and Atapu, carried out by the National Petroleum Agency (ANP) on Friday, marked the end of the large pre-salt auctions. A survey shows that, eight years after the bidding for the Libra area (today Mero), the first round under the country's... Continue Reading →
While many challenges remain to deliver the full promise of U.S. offshore wind, so too do opportunities. Robert Galinski, DNV’s Offshore Wind Director, Americas discusses the pace and direction of the U.S. offshore wind market from the perspective of class. (OE) While Robert Galinski has served as DNV’s Offshore Wind Director, Americas, for just about... Continue Reading →
Malaysian FPSO contractor Yinson has signed a Letter of Intent with the Brazilian oil company Enauta Energia for the provision, operation, and maintenance of an FPSO at Enauta's Atlanta field in the Santos Basin, offshore Brazil. Enauta has been producing oil from the field using the FPSO Petrojarl I as an Early Production System, and has... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has acquired the exploration and production rights of the volumes exceeding those of the Transfer of Rights in the Atapu and Sepia offshore fields in the 2nd Bidding Round for theTransfer of Rights surplus under the Production Sharing Regime, held today, by the National Agency of Petroleum,... Continue Reading →
SBM Offshore is pleased to announce that it has secured a US$620 million bridge loan facility for the financing of the construction of FPSO Alexandre de Gusmão. The FPSO Alexandre de Gusmão will be deployed at the Mero field in the Santos Basin offshore Brazil. Mero is a project under Libra Consortium responsibility, in which... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it signed, today, a revolving credit facility (RCF) in the amount of US$ 5 billion, maturing in December 2026, with the possibility of being extended in up to two years. The agreement, signed with 16 banks, allows the company to draw on the line until the month before... Continue Reading →
(Reuters) - Exxon Mobil Corp. (XOM.N) is prepared to bid on Friday for new blocks in Brazil's deep-water oil fields, a focus area for its oil and gas production growth, people familiar with the matter said. Any bid would mark its first big investment since it decided to resume spending after a historic, $22.4 billion annual loss... Continue Reading →
Danish offshore drilling firm Maersk Drilling has upgraded its financial guidance for 2021 on the back of solid rig performance and contract extensions. "During the first two months of Q4 2021, Maersk Drilling has delivered strong performance exceeding the operational and commercial expectations underlying its most recent financial guidance. The main drivers for exceeding these... Continue Reading →
By mid-century, offshore wind will require ocean space which is equivalent to the landmass of Italy, and the industry will by then account for half of all the capex in the Blue Economy, according to DNV’s Ocean’s Future to 2050 report. "The exponential growth of offshore wind power will be the main driver of a... Continue Reading →
