KNOT Offshore Partners LP Announces Completion of the Acquisition of Dan Sabia | Business Wire // KNOT Offshore Partners LP Announces Completion of the Acquisition of Dan Sabia June 15, 2015 04:15 PM Eastern Daylight Time ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (the "Partnership") (NYSE: KNOP) announced today that it has completed its acquisition of... Continue Reading →
BP’s 2015 Statistical Review of World Energy
BP Plc released its 2015 Statistical Review of World Energy on June 10. Used for decades as an industry benchmark, this year's edition laid bare the seismic shifts taking place in global energy markets. See the attached files. bp-statistical-review-of-world-energy-2015-full-report bp-statistical-review-of-world-energy-2015-workbook bp-statistical-review-of-world-energy-2015-spencer-dale-presentation
Brazil’s Oil Authorities discuss Local Content Rule
Brazil's oil regulating body, Agencia Nacional de Petroleo - ANP, is debating changes in the Local Content Law to be in place by the time the next oil license auction in October. Read More
Prumo and BG Brasil sign contract for oil transshipment at Açu Port – Press release
Prumo and BG Brasil sign contract for oil transshipment at Açu Port 6/3/2015 Scheduled for August 2016, oil handling may reach up to 200.000 bbl/day Prumo Logística and BG Brasil signed today (June 3nd 2015) a contract for oil transshipment services at Açu Port, in São João da Barra (RJ). The agreement means BG... Continue Reading →
Petrobras – Petrobras discovers new oil accumulation at Poço Verde area, in Sergipe Basin
Petrobras - Petrobras discovers new oil accumulation at Poço Verde area, in Sergipe Basin 06/01/2015 Rio de Janeiro, June 1st, 2015 – Petróleo Brasileiro S.A. - Petrobras informs that well 3-SES-189 (Petrobras nomenclature), located at BM-SEAL-4 concession, discovers new oil accumulation in Sergipe Basin´s ultradeep waters. The well, informally known as Poço Verde 4, is... Continue Reading →
Petrobras supplier seeks to expand outside of Brazil.
Petrobras supplier seeks to expand outside of Brazil. Odebrecht Oleo & Gas SA, the oil services arm of Latin America’s largest builder, is seeking to expand outside its home base of Brazil where the group is fighting a contract ban by its main client, Petrobras. Read More http://www.bloomberg.com/news/articles/2015-05-29/petrobras-rig-supplier-chasing-work-abroad-to-reduce-brazil-risk
Transocean Joins Halliburton in BP Deal Resolving Macondo Claims
Transocean Joins Halliburton in BP Deal Resolving Macondo Claims by David Wethe/Bloomberg 5:59 PM BRT May 20, 2015 Transocean Ltd., owner of the rig that sank in the 2010 Macondo disaster in the Gulf of Mexico, joined Halliburton Co. in settling all remaining issues with BP Plc, according to a person familiar with the deal.... Continue Reading →
Exxon Mobil Says Oil Discovery Off Guyana Is ‘Significant’
Exxon Mobil Says Oil Discovery Off Guyana Is 'Significant' By THE ASSOCIATED PRESS MAY 20, 2015, 4:52 P.M. E.D.T.NYT GEORGETOWN, Guyana — Exxon Mobil Corp. confirmed Wednesday that it has made what it calls a "significant" oil discovery off Guyana in waters also claimed by Venezuela as part of a long-running border dispute between the South... Continue Reading →
Itaú-led group sues Brazil’s Schahin for $371 mln in overdue loans
Tue May 12, 2015 10:19pm EDT Itaú-led group sues Brazil's Schahin for $371 mln in overdue loans BRASILIA/Reuters May 12 Thirteen Brazilian and international banks filed a lawsuit in New York on Tuesday against two units of ailing engineering and oil conglomerate Grupo Schahin to recover $371 million in overdue principal and interest on loans.... Continue Reading →
Brazil Minister Supports Regulatory Relief for Petrobras
Brazil Minister Supports Regulatory Relief for Petrobras By Sabrina Valle Anna Edgerton / Blooomberg 11:50 PM BRT May 3, 2015 Eduardo Braga, Brazilian Minister of Mines and Energy. Photographer: Wenderson Araujo/AFP/Getty Images Brazil is considering lifting a requirement for its national oil company to operate all new projects in a deepwater region where exploration costs... Continue Reading →