(offshore-energy.biz) Ventura Offshore Midco, a subsidiary of the Brazilian deepwater offshore drilling contractor Ventura Offshore, has secured a long-term drillship contract with Petrobras, a compatriot state-owned energy giant, for operations at two oil field developments off the coast of Brazil. Just like Seadrill, which won a drilling deal for 1,095 days plus extension options after a competitive tender,... Continue Reading →
Petrobras announces redemption price for 6.250% Global Notes due 2026
Petróleo Brasileiro S.A. – Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 6.250% Global Notes due 2026 (the “Notes”) announcing the redemption price for the Notes. As previously announced, the redemption date for the Notes will be December 23, 2024 (the “Redemption Date”).... Continue Reading →
Brava Energia hiring of a financial advisor to support the Company in evaluating potential partnership transactions or asset sales.
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that the Board of Directors recommended, on December 17, 2024, the hiring of a financial advisor to support the Company in evaluating potential partnership transactions or asset sales. The analysis of potential... Continue Reading →
Petrobras Hires Constellation’s Drillship for Work Offshore Brazil
Offshore drilling contractor Constellation has secured a contract with Petrobras for its ultra-deepwater drillship Amaralina Star, which will operate offshore Brazil, covering remote areas of frontier exploration, such as the Equatorial Margin and Pelotas Basin. The value of the agreement is approximately $528 million, which includes around $39 million mobilization fee and additional integrated services... Continue Reading →
Exxon wants to keep option for Hess Guyana assets, CEO says
(Reuters) Exxon Mobil wants to preserve its right of first refusal in Hess Corp's sale of its Guyana oil production assets because of the work it has put into developing the country's offshore fields, two of its top executives said on Wednesday. A three-person panel in May is to decide whether Hess's deal to sell itself... Continue Reading →
Canadian Oil Firm Looks for Ways to Keep Guyana’s Offshore Block
(Reuters) Toronto-listed Frontera Energy and partner CGX Energy are seeking alternatives to resolve a dispute with Guyana over rights to retain an offshore block where they found oil, but should they fail to reach an agreement, the matter is set to go to an arbitration court, the vice president said. Guyanese Vice President Bharrat Jagdeo... Continue Reading →
Petrobras signs contracts for the construction and chartering of 12 support vessels
Petrobras has signed contracts worth R$16.5 billion for the construction and chartering of 12 Platform Supply Vessels (PSV). Of the total value of the contracts, R$5.2 billion are earmarked for investments in shipbuilding in Brazil. These vessels will be essential for the company's Exploration and Production logistics operations until 2028. The contracts, signed with the... Continue Reading →
SLB Secures Integrated Services Deal for All of Petrobras’ Brazil Offshore Fields
(OE) Following a competitive tender process, energy technology company SLB has secured a new contract with Petrobras for providing integrated services across all of its offshore fields in Brazil. SLB will oversee the construction of more than 100 deepwater wells, utilizing advanced drilling, cementing and drilling fluids technologies on up to nine ultra-deepwater rigs. The... Continue Reading →
Petrobras informs about the form of distribution of remuneration to shareholders related to 3Q24
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact from November 7, 2024, informs that the distribution of remuneration to shareholders, approved on that date by the Board of Directors, in the amount of R$ 17.12 billion, equivalent to R$ 1.32820661 per common and preferred share in circulation, will be paid as follows,... Continue Reading →
All Applicants Pre-Qualified for Colombia’s First Offshore Wind Tender
(offfshoreWIND.biz) All companies that submitted applications to participate in Colombia’s first offshore wind tender have been pre-qualified, meeting legal, financial, and technical requirements. The announcement was made on 9 December by Colombia’s National Hydrocarbons Agency (ANH). Among the companies included in the preliminary list of qualified bidders are energy giants from Belgium, the UK, Spain, and... Continue Reading →