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Subsea services firm Oceaneering International said Wednesday that Benjamin M. Laura, who currently serves as Oceaneering’s Senior Vice President, Offshore Projects Group, has been promoted to Senior Vice President and Chief Innovation Officer (“CIO”), effective October 1, 2022. He joined Oceaneering in 2014 as Director of Subsea Services, was appointed as Vice President of Service,... Continue Reading →
Offshore wind developer SSE Renewables said Thursday that its new offshore wind farm project in Scotland would be named after "a historic series of books that depict the epic quests of a third-century Scottish leader, following his adventures across rolling seas." Ossian (pronounced ‘os-si-un’) from The Poems of Ossian is to be the name for... Continue Reading →
(PN) Amid rumors indicating that PRIO (PetroRio) was acquiring Dommo, the two companies provided clarification on the possible operation to the Securities and Exchange Commission. In short, the companies confirmed that they are evaluating a strategic operation, with the possible purchase and sale of assets. However, there is still no binding document or decision on... Continue Reading →
(Reuters) - A Venezuelan man has been indicted for allegedly laundering the proceeds of inflated procurement contracts obtained via millions of dollars in bribes to officials at Venezuelan oil venture Petropiar, the U.S. Department of Justice said on Wednesday. Rixon Moreno, 46, allegedly received benefits including over $30 million in payments on contracts from Petropiar... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it was elected one of the ten companies with the most transparent financial statements in Brazil in the category of companies with net revenues over R$20 billion. The recognition is granted annually by the National Association of Finance, Administration, and Accounting Executives (Anefac) to the Brazilian companies with... Continue Reading →
Oslo-listed oil and gas E&P company BW Energy has revealed that a former jack-up rig, which was converted to an offshore production unit, is on its way to Gabon where it will be installed at the firm’s offshore development project, which is on track for the first oil at the start of next year in line... Continue Reading →
(Reuters) - Shareholders in Brazil's Petrobras (PETR4.SA) have elected six government-affiliated nominees and two nominees affiliated with the market to serve on the state-run oil company's board, three people familiar with the matter told Reuters on Friday. Overall, the number of board seats held by the state is unchanged, and the balance of power between non-government shareholders... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras hereby informs that the Executive Board approved on August 18, 2022, the 1st issuance of book-entry commercial notes (Issuance), without collateral and personal guarantee, in up to two series (Book-entry Commercial Notes), which will be subject to public distribution, with restricted distribution efforts, under mixed regime of firm guarantee and... Continue Reading →
(TN) Enauta, one of the main independent oil and gas exploration and production companies in Brazil, reinforces its operations team, especially for its project to expand production in the Atlanta field (Santos Basin). The company has hired Executive Manager Ricardo Abi Ramia, who will take care of the wells, subsea and subsea facilities. With more... Continue Reading →
(Reuters) Norway's Aker Energy said on Wednesday it would postpone submission of a development plan for its Pecan oilfield off Ghana amid concern the project could face sanctions over the war in Ukraine due to the involvement of Russian oil firm Lukoil. Aker Energy, controlled by Aker ASA, owns 50% in the deepwater block off... Continue Reading →
Brazil Energy Insight 