Brought to you by Quest Offshore & Southern Cone Consultants
Petróleo Brasileiro S.A. – Petrobras informs that it has signed the following agreements with Banco do Brasil (BB): (i) The contracting of two Export Credit Notes (ECN) with sustainability commitments, one valued at R$ 3.5 billion and the other at R$ 3 billion, both maturing in 2032; (ii) Renewal of a Revolving Credit Facility (RCF)... Continue Reading →
(Reuters) Dutch oil and gas services firm SBM Offshore's annual revenue jumped 35% to a record high in 2024, driven by the sale of its floating production, storage and offloading vessels (FPSO) in Suriname and Guyana, the company said on Thursday. SBM Offshore's shares rose 9.3% to 20.04 euros at 0851 GMT, their highest in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts/Communications published on 11/07/2024, 12/10/2024 and 02/13/2025, informs that it will make today the payment of the first installment of shareholder remuneration relating to the balance sheet of September 30, 2024. The gross amount to be distributed today corresponds to R$ 0.67545217 per common and... Continue Reading →
Neoenergia released its financial and operating results for the fourth quarter and the accumulated total for 2024. Adjusted profit was R$1.4 billion in the fourth quarter and R$4.3 billion in 2024, in line with 2023. In 2024, Neoenergia increased investments, ensuring the quality of energy delivery, with cost discipline and control of operating expenses below... Continue Reading →
(Reuters) - China invested 6.8 trillion yuan ($940 billion) in clean energy in 2024, approaching the $1.12 trillion in global investment in fossil fuels, opens new tab, according to a new analysis for U.K.-based research organisation Carbon Brief. That was despite growth in China's clean energy investments slowing to 7% from 40% in 2023 amid overcapacity.... Continue Reading →
by Gabriel Chiappini (exios.com.br) The review of the incentive policies of the Inflation Reduction Act (IRA) in the United States and the withdrawal of the world's largest economy from the Paris Agreement, under the Donald Trump administration, opens up new opportunities for Brazil to attract investments in green projects, such as wind generation and green... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the Material Facts/Communications published on 11/07/2024 and 12/10/2024, informs that it will pay on 02/20/2025 the first installment of shareholder remuneration relating to the balance sheet of September 30, 2024, based on the shareholder position of 12/23/2024. This first installment will be paid in the form of... Continue Reading →
(Reuters) Britain opened an incentive scheme on Thursday for offshore wind projects, seeking to persuade developers to provide the investment to meet an ambitious goal of decarbonising the country's energy system by 2030. The scheme, called the 'Clean Industry Bonus', will provide successful bidders with an initial 27 million pounds ($33.5 million) in funding for... Continue Reading →
(oilnow.gy) With US$17.6 billion in crude exports projected for 2025, the Stabroek Block group could recover up to US$13.2 billion in expenses in 2025. The group—ExxonMobil, Hess, and CNOOC—has committed more than US$54 billion to explore and develop the Stabroek Block resources offshore Guyana. Their production sharing agreement (PSA) with the Guyana government lets them take... Continue Reading →
(offshore-energy.biz) Brazil’s deepwater offshore drilling contractor Ventura Offshore has struck a deal with Umas 1 as the seller of a semi-submersible rig the firm decided to acquire last year to make a lump sum payment as a final settlement. Ventura Offshore Midco disclosed at the end of June 2024 the acquisition of the SSV Catarina, the... Continue Reading →
