Petrobras: Challenge for offshore wind projects is to adjust the risk/return ratio

(Valor) The great challenge to develop offshore wind power generation projects is to adjust risk and return, said the director of institutional relations and sustainability at Petrobras, Rafael Chaves, in a presentation to executives during the Offshore Northern Seas (ONS), Europe's largest energy event, in Stavanger, Norway. Chaves said that a multidisciplinary group within Petrobras... Continue Reading →

Petrobras on the sale of UFN-III

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/31/2022, informs that the binding phase concerning the full sale of the Nitrogen Fertilizer Unit III (UFN-III) is underway. Potential buyers qualified for this phase, in accordance with the criteria published in the teaser, received a process letter with detailed instructions on the... Continue Reading →

Oil States Brasil signs new contract with Petrobras

(TN) Oil States Brasil announces the signing of another contract with Petrobras for subsea wellhead systems services. Services include maintenance, support, management, planning and control of equipment, tools, bases and accessories, including the supply of parts. The signed contract is part of Oil States Brasil's strategy to further diversify its portfolio, representing an increase in... Continue Reading →

CBO looks at IPO and buyout of competitors

(Valor) After completing what it classifies as its third wave of growth, Companhia Brasileira de Offshore (CBO) will “hibernate” to absorb the acquisition of ten offshore support vessels before starting a new expansion cycle. With 44 vessels, the company is one of the largest in the country in offering this service to oil companies. At... Continue Reading →

Petrobras receives Transparency Trophy 2022

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 →

Saipem adds subsea drone to deal with Oil Spill Response Limited

Saipem and Oil Spill Response Limited (OSRL) have signed an extension of their existing services agreement to include the provision of Saipem’s FlatFish underwater drone for environmental monitoring and inspection of asset integrity. The existing contract between the parties provides for the storage, maintenance, training of personnel and readiness including the remote emergency response of the Offset... Continue Reading →

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