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Italian energy services firm Saipem, which on Monday issued a profit warning that sent its shares down to historic lows, on Friday appointed Eni's Alessandro Puliti as General Manager of the company. Born in Florence in 1963, Puliti has served as General Manager of the Natural Resources Division at the Italian oil firm Eni, Saipem's... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), in compliance with provisions of article 12 of CVM Resolution No. 44, communicates to its shareholders, investors and the market in general that received, on this date, notification from Starboard Asset LTDA. (“Starboard” or “Manager”), manager of 3R Petroleum Fundo de Investimento em Participações Multiestratégia (“FIP... Continue Reading →
(Reuters) - Exxon Mobil Corp (XOM.N) on Monday disclosed a sweeping restructuring of its global operations that will combine its refining and chemicals businesses into one, and put its energy transition business on the same footing as its other operations. The broad restructuring marks its latest cost-cutting effort after activist investors seeking to boost returns and address... Continue Reading →
(Reuters) Siemens Energy has stepped up efforts to explore a full integration of wind turbine business Siemens Gamesa, sources told Reuters, after profit warnings and share price slumps last week exposed flaws in the current ownership structure. The company is currently working with advisers to look at options for how to best acquire the remaining... Continue Reading →
(PN) Prumo Logistica, a company controlled by EIG Global Energy Partners, responsible for the development of Porto do Açu, acquired the 20% stake held by the German company Oiltanking and will now control 100% of Açu Petroleo. Formed in 2016, Açu Petroleo is the owner of the only private terminal in Brazil for transshipment of... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras, regarding the pieces of news in the media about the divestment project of the Potiguar Cluster, which includes a set of 22 concessions of onshore and shallow waters production fields, including the Clara Camarão refinery, in the state of Rio Grande do Norte, clarifies that, as informed in a press... Continue Reading →
Tullow Ghana, a subsidiary of the oil and gas company Tullow Oil, and the Ghana Navy have entered into an agreement, which is expected to add an additional layer of safety and security in the Ghanian waters, allowing the company to continue operations in its offshore fields in the area. Tullow Ghana reported on Monday... Continue Reading →
The German oil company Wintershall Dea announced today (17) that it is leaving Brazil. The company, which holds stakes in nine exploratory licenses, said it would close all its operations in the country and close its office in Rio de Janeiro. This decision is the result of a very thorough analysis of the group's global... Continue Reading →
The Brazilian Association of Petroleum Service Companies (ABESPetro) is under new management. Elected at the last Annual General Meeting last year, the new board took office on the 1st. January 2022. On the same date, the new members of the Supervisory Board and the Advisory Board took office. The new Executive Board is made up... Continue Reading →
SBM Offshore is pleased to announce the proposed appointment of Øivind Tangen as Chief Operating Officer (COO) and member of its Management Board. Øivind Tangen (1973, Norwegian) has been working for the Company for 19 years and has a wealth of experience in engineering and operational roles, as well as in strategy and project execution.... Continue Reading →
Brazil Energy Insight 