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(Reuters) Singapore's Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cope with an industry downturn. The loss-making oil rig builders have been whiplashed by years of oversupply and oil price volatility as well as a... Continue Reading →
(PN) Bureau Veritas announced that it has taken over the internal audit of the Operational Management System of the onshore and offshore installations of the oil company 3R Petroleum. The company will be responsible for evaluating the compliance of the company's operations based on the technical regulations of the National Petroleum Agency (ANP). In addition,... Continue Reading →
(PN) News in the leadership of the British oil company BP. The executive Adriano Bastos took over this month as the company's Head of Country in Brazil. He returned to the country after serving as president of BP in Angola. Bastos replaced Mario Lindenhayn, who has been BP's Head of Country in Brazil. “Adriano will... Continue Reading →
(Reuters) Wood Plc said on Wednesday its Chief Executive Officer Robin Watson plans to retire and the British oilfield services and engineering firm also posted a drop in full-year revenue, sending its shares down as much as 6% in early trade. The London-listed company's revenue for the year ended Dec. 31 was down 14% on... Continue Reading →
(PN) Petrobras announced that it achieved a new national record in well construction in deep waters. The feat was achieved in the Marlim field, in the Campos Basin. The 7-MRL-233H-RJ well is in a water depth of 850 meters and was built in just 35 days. The record surpasses the company's best result so far... Continue Reading →
Global completions specialist Tendeka has appointed a new business development manager for Latin America to expand the use of technologies across the region. Maurilio Solano will be working with local operators to implement Tendeka’s key technologies such as FloSure, Filtrex and PulseEight EAV (Electronic Ambient Valve) across Latin America. With almost 30 years in the... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) on Thursday formally elected Jose Mauro Coelho as its chief executive for a one-year term, ending weeks of turmoil in which the government struggled to fill the top position. Coelho, a government technocrat, pledged to maintain the company's current pricing policy, a controversial topic that ultimately helped bring down... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it filed today its 2021 Sustainability Report. The report describes Petrobras' main activities, initiatives, management practices, indicators and commitments related to environmental, social and governance (ESG) issues. The report presents our contributions to society, as the distribution of values to employees, federal, state, and municipal governments, through the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that the Annual General Meeting, held on 04/13/2022, exclusively under the digital format, analyzed and approved, by majority vote, the following: ANNUAL GENERAL MEETING I. Assessing the Management’s accounts, examining, discussing and voting on the Management’s Report and the Company’s Financial Statements, with the report from the independent auditors... Continue Reading →
(Reuters) - Shareholders in Brazil's Petrobras will gather virtually this afternoon for a meeting expected to pave the way for government technocrat José Mauro Coelho to take the helm of the state-run oil company. After a dramatic weeks-long CEO search, the market hopes - and expects - the annual shareholders' meeting on Wednesday will be... Continue Reading →
