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BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), in compliance with the provisions of CVM Resolution No. 44 and the Novo Mercado Regulation, and complementing the Material Fact disclosed on January 30, 2024, hereby informs its shareholders and the market in general that, on this date, Mr. Carlos José do Nascimento Travassos has assumed the... Continue Reading →
Ørsted has expanded its Group Executive Team with the appointment of two new members, enabling the representation of the full offshore wind value chain, including development, construction, and generation. Effective from May 1, 2025, Amanda Dasch has been appointed Chief Development Officer (CDO) and will head up Ørsted Commercial, which covers commercial development activities across... Continue Reading →
(Reuters) - The board of Brazilian state-run oil company Petrobras on Thursday approved plans to select a partner to restart operations at its fertilizer plants in northeastern Brazil, according to four sources familiar with the matter. But the move still hinges on resolving ongoing disputes with current leaseholder Unigel, added the sources, who requested anonymity as... Continue Reading →
(offshoreWIND.biz) Dutch Fugro has realigned its operations in the Americas by reducing its workforce and scaling back operations due to expected lower revenues caused by a pause in new offshore wind projects. In the financial update for the first quarter of 2025, Fugro stated that rapidly increased geopolitical and economic uncertainties influencing client investment behaviour worldwide add... Continue Reading →
Cerulean Winds, the lead developer of the Aspen, Beech and Cedar floating offshore wind farms, has appointed two new senior executives to help shape the future of the company. Tom Scrope joins as Cerulean Winds’ first Chief Financial Officer (CFO). Scrope will be focused on shaping the financial model of the business, capital raising and... Continue Reading →
(bbc.com) One of Scotland's largest companies - engineering giant Wood Group - is backing a £242m takeover approach. Aberdeen-headquartered Wood said Sidara, an engineering and consultancy based in Dubai, had made the offer. Wood's board of directors have now said they would be "minded to recommend" the deal. The company grew from the North Sea oil boom... Continue Reading →
Petrobras' Board of Directors (CA) has reappointed Magda Chambriard as the company's CEO for a two-year term, from April 13, 2025 to April 13, 2027. She has been at the helm of the company since June of last year, when she replaced Jean Paul Prates. The oil company's CA also approved the reappointment of seven... Continue Reading →
Dutch FPSO leasing specialist SBM Offshore has signed a $1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks. The loan will be used to refinance its existing $1.0 billion RCF which was due to expire in February 2026. The new RCF has a tenor of five years and two one-year... Continue Reading →
SBM Offshore has signed a non-recourse sale and leaseback financing agreement for Cidade de Paraty floating, production storage and offloading (FPSO) unit, for the total amount of $400 million and with a tenor of eight years. The transaction is expected to be completed before the end of April 2025, following the fulfillment of certain closing... Continue Reading →
(offshoreWIND.biz) Corio Generation, a standalone portfolio company of Macquarie Asset Management, plans to restructure its offshore wind development business to focus on a smaller portfolio of projects. A spokesperson for Corio Generation said: “Given challenging market conditions in the offshore wind sector, Corio Generation is refocusing its global operations to prioritise the development of a smaller portfolio of... Continue Reading →
Brazil Energy Insight 