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(offshore-energy.biz) South Korea’s shipbuilder Hanwha Ocean has closed its acquisition of Singapore-based offshore builder Dyna-Mac, which specializes in manufacturing marine plant topside structures for floating production, storage, and offloading (FPSO) and floating liquefied natural gas (FLNG) units. The deal was closed on November 20, 2024, when Hanwha Ocean agreed to acquire approximately 95.15% of the total issued... Continue Reading →
(OE) Scottish ocean energy pioneer Mocean Energy has launched a crowdfunding campaign on Crowdcube, Europe’s largest private market investment platform. The campaign, which is now live, aims to finance the next phase of the company’s growth plans as it looks to mature its wave energy technology. Mocean Energy is working to transform the ocean energy... Continue Reading →
SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion. The project financing was fully secured by a consortium of 16 international financial institutions. The Company expects to draw the loan phased over the construction period of the FPSO. The project loan is in line with the... Continue Reading →
(Reuters) - Peru's indebted state-run oil firm PetroPeru could consider offering a minority stake to private investors in the second half of 2025, when the company hopes to emerge from a crisis and post profits, Chairman Alejandro Narvaez told Reuters on Wednesday. At an interview in his office in Lima, Narvaez said the offering would only start... Continue Reading →
(Reuters) - Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government's free-market approach to paying for new ones may prevent the country from becoming a major gas exporter by early next decade. About $58 billion worth of new or upgraded pipelines, processing plants and export terminals... Continue Reading →
Petróleo Brasileiro S.A – Petrobras, following up on the Material Fact of August 8, 2024, informs that it will pay today the first installment of the dividends approved by its Board of Directors in a meeting held on August 8, 2024. The gross amount to be distributed today is R$ 0.52660009 per ordinary and preferred... Continue Reading →
Petróleo Brasileiro S.A. - Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices of redemption to the holders of the outstanding 5.299% Global Notes due 2025 (the “2025 Notes”) and 6.250% Global Notes due 2026 (the “2026 Notes” and, together with the 2025... Continue Reading →
(Reuters) - Investors who have been rewarded for their bets on Argentine President Javier Milei are doubling down on the country's stocks and bonds even as they hit records, betting that an austerity crusade will pay further dividends. Milei won the presidential election a year ago with a mandate to reshape South America's second-largest economy,... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, in relation to the news published in the media on Monday (11/18/2024), informs that the proposal for the 2025-2029 Business Plan was deliberated by its Executive Board on 11/14/2024, but will still be considered by the Board of Directors (BoD), the competent board to approve the subject, at a meeting... Continue Reading →
Highlights FPSO Prosperity sold to ExxonMobil Guyana Ltd; FPSO Liza Destiny on track for sale before year-end TotalEnergies contract award for an FPSO as part of the GranMorgu field development project in Suriname 2024 Directional1 EBITDA guidance increased from around US$1.3 billion to around US$1.9 billion (+46%) 2024 Directional revenue guidance increased from above US$3.8... Continue Reading →
