This initiative seeks to promote innovation and development in the Brazilian port and maritime sector Wilson Sons, the largest integrated port and maritime logistics operator in Brazil, acquired a minority equity participation at Docktech, an Israeli startup. The deal also contemplates a commercial exclusivity agreement to install Docktech's technology throughout Brazilian ports. This new investment is... Continue Reading →
Forum Energy Technologies Targets Growth in South America
U.S.-based oilfield products supplier Forum Energy Technologies (FET) said it has entered into a partnership with Deepsea Technologies Equipamentos Industriais Ltda to represent its operations in Brazil as part of the business’ long-term growth strategy in South America. Deepsea Technologies provides engineered products and services to the oil and gas industry globally, with a key... Continue Reading →
Petrobras on manifestation of the People Committee
Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on March 15, 2021, informs that the People Committee of the company's Board of Directors met on this date to analyze the appointment of Mr. Joaquim Silva e Luna for the positions of Member of the Board of Directors and CEO of Petrobras.... Continue Reading →
Fortescue and EIG-Backed Companies Sign MoU to Explore Joint Development of Green Hydrogen Plant in Brazil
(BUSINESS WIRE)--EIG, a leading institutional investor to the global energy sector, and Prumo Logística S.A. (“Prumo”), a private Brazilian company controlled by EIG, today announced the signing of a Memorandum of Understanding (“MoU”) between Prumo’s subsidiary, Porto do Açu Operações S.A. (“Port of Açu” or the “Port”), and Fortescue Future Industries Pty Ltd (“FFI”). FFI... Continue Reading →
Petrobras on the call for General Meetings
Petróleo Brasileiro S.A. - Petrobras informs that today it has called the Annual General Meeting (AGM) and the Extraordinary General Meeting (EGM), to be held on April 14, 2021, exclusively in digital form. The AGM will resolve on: (i) Management’s Report and the Company’s Financial Statements, with the report from the independent auditors and the... Continue Reading →
Rystad reveals hardest-hit countries as Covid-19 took its toll on oil and gas jobs
The Covid-19 pandemic not only devastated oil demand in 2020 but also forced the global oil and gas industry to severely downsize its staffing levels. However, not all producing countries were affected in the same way, according to Norwegian energy intelligence firm Rystad Energy. A Rystad Energy analysis shows that the world’s top oil and gas employer,... Continue Reading →
Petrobras on the appointment of Board Members by the Federal Government
Rio de Janeiro, March 10, 2021 - Petróleo Brasileiro S.A. - Petrobras informs that received official letter from the Ministry of Mines and Energy with two nominations for the Board of Directors in the next Extraordinary General Meeting, selected as provided in art. 18, § 7, of Petrobras’ Bylaws: Cynthia Santana Silveira Ana Silvia Corso Matte... Continue Reading →
Petrobras on nomination of Board Member by minority shareholder
Petróleo Brasileiro S.A. - Petrobras, following up on the press release disclosed on March 3, 2021, informs that it has received a letter from Fundo de Investimento em Ações Dinâmica Energia and Banclass Fundo de Investimento em Ações, managed by Banco Clássico S.A., indicating Leonardo Pietro Antonelli for election to the company's Board of Directors,... Continue Reading →
Petrobras on the appointment of Board Members by the Federal Government
Petróleo Brasileiro S.A. - Petrobras informs that received official letters from the Ministry of Mines and Energy and the Ministry of Economy with six nominations for the next Extraordinary General Meeting, to exercise the position of the company’s Board of Directors members: Eduardo Bacellar Leal Ferreira – Chairman of the Board Joaquim Silva e LunaRuy Flaks... Continue Reading →
Brazil: Enauta Launches Bidding Process for Atlanta Field FPSO
Brazilian oil company Enauta has launched the bidding process for the FPSO for the full development of the Atlanta field, in the Santos Basin, offshore Brazil. The Atlanta field has been producing oil via Petrojarl I FPSO - an early production system. Enauta expects that the bidding process for the full field development FPSo will... Continue Reading →