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Offshore drilling rig owner Aquadrill said Thursday it had extended a charter-hire deal with drilling firm Diamond Offshore for its Vela drillship. The Vela drillship will be provided to an end client in the U.S. Gulf of Mexico for a 150-day drilling contract as part of the extension. The contract is worth around $60 million.... Continue Reading →
Brazilian state-run oil company Petroleo Brasileiro SA is struggling to get a license that it needs to drill the ultra-deep waters of the Foz do Rio Amazonas Basin this year as planned, a source close to the matter told Reuters on Thursday. Petrobras has been spending millions of dollars a day to mobilize personnel and... Continue Reading →
(OET) Norway-based Havfram Subsea has appointed Gregor Scott, who has been with the company for a decade, as managing director for its UK business. Over the last ten years, Scott has held commercial and leadership roles within Havfram and as managing director for the UK will be responsible for the delivery of the Havfram Subsea... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that has become part of the list of global companies that stand out in climate change mitigation actions, as announced by the international organization CDP, formerly known as the Carbon Disclosure Project. The company received an A- rating in recognition of its good practices on this topic and as... Continue Reading →
(Reuters) Former Elliot Management activist fund manager Franck Tuil on Thursday told Wood Group to buy back some of its stock to avoid becoming a takeover target, sending shares in the oil services provider up by the most in six weeks. It is the first public campaign for his $600 million multi-strategy fund, Sparta Capital,... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that CEO Caio Mário Paes de Andrade has accepted the invitation from future Governor Tarcísio de Freitas to be a member of the next São Paulo state government staff. In the coming weeks, CEO Caio will continue in his current role and will not participate in the transition in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras (Company), continuing the notices released on October 31, 2022, and November 16, 2022, hereby informs that the public offering of real estate receivables certificates (CRI), in three (3) series, comprising the first (1st), second (2nd) and third (3rd) series of the (sixty-seventh) (67th) issuance of Opea Securitizadora S.A., backed by... Continue Reading →
(Reuters) France fell behind in rolling out wind farms despite vast resources, the chief executive of Engie, one of the country's main power and gas suppliers, said on Tuesday. "We have the second-largest European resources in terms of offshore wind in France and we have almost nothing today that generates power (with this wind)," said Catherine MacGregor at a... Continue Reading →
Havfram Subsea has appointed Gregor Scott as Managing Director for the company’s UK operation. Over the last 10 years, Scott has held commercial and leadership roles within the Havfram organization, and as Managing Director (UK) he will assume responsibility for delivering the Havfram Subsea strategy in the UK as the organization transitions into an independent... Continue Reading →
(Reuters) - The transition team for Brazil's President-elect Luiz Inacio Lula da Silva sees no need for any emergency move at state-run oil company Petrobras (PETR4.SA), sources said on Monday, after a meeting between Lula's team and the firm's top management. The state-run oil company briefed Lula's transition team on fuel pricing policy, according to the... Continue Reading →
Brazil Energy Insight 