Offshore wind developer Ocean Winds is joining Opportunity Cromarty Firth and supporting the body’s green freeport bid. If the region is successful in its attempt, it would help to attract “new and increased manufacturing” that would ease the delivery of Scotland’s next generation of wind farms. Ocean Winds, a 50-50 joint venture launched in 2020... Continue Reading →
Floating Offshore Wind: Equinor, Technip Energies to collaborate on Floating Wind Substructures
A collaboration between Equinor and Technip Energies on Floating Wind Substructures was announced during the Seanergy conference in Normandie, France. The collaboration is intent on building on the two companies’ joint ambition of driving the industrialization of floating offshore wind. “We see longer-term collaboration from an early phase as the next step within floating offshore... Continue Reading →
Aker Offshore Wind, Aker Horizons to Complete Merger This Month
The merger between Aker Offshore Wind (AOW) and Aker Horizons is expected to be completed after close of trading on the Oslo Stock Exchange on 17 June, which accordingly will be the last day of trading in the AOW shares on Euronext Growth Oslo, the company said in its latest trading update. As announced on... Continue Reading →
Petrobras on LUBNOR sale
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/25/2022, informs that the company Grepar Participações Ltda. (Grepar), which entered into an agreement with Petrobras for the sale of the Lubrificantes e Derivados de Petróleo do Nordeste (LUBNOR) refinery and its associated logistics assets, sent a notification informing changes in its corporate... Continue Reading →
BP beefs up hydrogen team in bet on fuel’s future
(Reuters) - BP (BP.L) is beefing up its hydrogen management team as the energy company prepares to accelerate investments in the low-carbon fuel which it believes will play a key role in the world's shift away from fossil fuels. The revamp of the hydrogen team is the first clear sign of changes Anja-Isabel Dotzenrath, a former head... Continue Reading →
Corio Generation: Plan to invest in five offshore wind farms in Brazil
(TN) Corio Generation, a global offshore wind energy company, announced plans to build offshore wind farms in Brazil, in a total of five projects of more than 5 GW in the initial phase of development. Corio Generation is a portfolio company of Macquarie's Green Investment Group, operating independently. Created in April 2022, Corio already has... Continue Reading →
Brazil Selects Gileno Gurjao Barreto as Petrobras Chairman
The Brazilian government selected Gileno Gurjao Barreto on Thursday as its nominee to chair state-run oil giant Petrobras' board. The Mines and Energy Ministry also confirmed Caio Mario Paes de Andrade as its nominee to be Petrobras' chief executive. The nominations, which still need to be approved by shareholders, come weeks after Brazil's President Jair... Continue Reading →
Petrobras on news about privatization
Rio de Janeiro, June 07, 2022 - Petróleo Brasileiro S.A. – Petrobras, regarding the news published in the media about the Investment Partnership Program of the Presidency of the Republic (PPI), informs that, today, Resolution CPPI no. 240/2022 was published in the Official Federal Gazette, through which the PPI Council opined favorably to the inclusion... Continue Reading →
Boskalis Management Says HAL’s Offer Not Unreasonable, But Also Not Convincing Enough
Dutch marine services and dredging firm Boskalis said Friday that the price proposed by HAL Holding for the acquisition of all remaining shares of Boskalis wasn't unreasonable, but also not sufficiently convincing to recommend the price to its shareholders. HAL Holding on March 10 announced plans to launch a takeover offer for Boskalis' all remaining... Continue Reading →
Andre Araujo to leave the presidency of Shell Brasil
The Brazilian arm of Shell will be under new management as oif August. The oil company announced this morning that the executive Andre Araujo decided to retire after a career of 38 years. He has been at the helm of the company for the past 12 years. In his place, executive vice president of the... Continue Reading →