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August 9, 2019 - Petróleo Brasileiro S.A. Petrobras reports that today it signed an SPE with 3R Petroleum S.A., a wholly owned subsidiary of 3R Petroleum e Participações S.A., a contract for the sale of its entire working interest in a set of onshore and maritime producing fields in the Potiguar Basin, denominated Macau Cluster,... Continue Reading →
JULY 2019 Operational Data Rio de Janeiro, August 9, 2019 - Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of July. 1 - Accounts for the daily average of the 6-day period in which PetroRio operated the... Continue Reading →
August 9, 2019 Petróleo Brasileiro SA – Petrobras announces that its General Shareholders' Meeting approved today the delisting of its common and preferred shares from Bolsas y Mercados Argentinos (BYMA) and the withdrawal from public trading in Argentina. The withdrawal from public trading still depends on the approval of the Argentine capital markets regulator. This... Continue Reading →
August 9, 2019 Petróleo Brasileiro S.A. – Petrobras informs that today it signed a Conduct Adjustment Agreement in the amount of R$ 814.5 million with the State of Rio de Janeiro, the Public Prosecution Office of Rio de Janeiro and the State Institute of Environment, to terminate a public civil action related to the environmental... Continue Reading →
August 8, 2019 Petróleo Brasileiro S.A. - Petrobras reports that its subsidiary Petrobras Biocombustíveis S.A. (PBIO) signed today a contract to sell its 50% stake in Belem Bioenergia Brasil (BBB) to Galp Bioenergy B.V., which holds the other 50% stake in the company. BBB was established in 2011 by Petrobras and Galp for the production... Continue Reading →
Aug 8, 2019 UK's marine engineering services provider James Fisher and Sons has acquired 60% of the share capital of Continental Participação E Administração, the holding company of Brazilian subsea specialist Serviços Marítimos Continental. Continental, an established air diving service provider to the offshore oil sector in Brazil, provided inspection, repair and maintenance services to... Continue Reading →
GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador reports its consolidated financial results for the three-month period ended June 30, 2019 (“Second Quarter” or “2Q2019”). A conference call to discuss... Continue Reading →
SBM Offshore 2019 Half-Year Earnings August 8, 2019 Highlights US$6.3 billion order intake year-to-date, driving a 36% backlog increase Contracted cash flow from Lease and Operate fleet provides visibility up to 2045 Four major projects under execution in Turnkey, including three FPSOs, of which two based on Fast4Ward® 2019 Directional[1] revenue guidance increased to “above... Continue Reading →
Oil services company Archer returned to profit in the second quarter of this year from a loss in the same period last year. Archer posted a net income of $3.5 million for the second quarter of 2019 compared to a loss of $7.4 million in the prior-year quarter. The company’s revenues increased to $235.6 million... Continue Reading →
U.S.-based oil and gas company Talos Energy bounced back to the black in the second quarter of 2019 on the back of higher revenues boosted by record production levels. Talos on Wednesday posted a net income of $94.8 million for the second quarter of 2019 compared to a loss of $75 million in the same... Continue Reading →
Brazil Energy Insight 