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(Reuters) - Brazilian businessman Nelson Tanure has made an offer to acquire a controlling stake in Braskem, a securities filing showed on Friday, confirming local media and Reuters reports that cited sources earlier in the day. The tycoon is looking to acquire conglomerate Novonor's (ODBES.UL) stake in Braskem for an undisclosed value, according to the... Continue Reading →
– Petróleo Brasileiro S.A. – Petrobras informs that the FPSO Alexandre de Gusmão started production today in the Mero field (Libra block), in the pre-salt Santos Basin, more than two months ahead of schedule in its Business Plan. The platform, chartered by Petrobras from SBM Offshore, has the capacity to produce 180,000 barrels of oil... Continue Reading →
Petrobras, following up on the release of 03/27/2025, informs that its Board of Directors (BoD), in a meeting held today, approved the early termination of the mandate of the Chief Energy Transition and Sustainability Officer, Mauricio Tolmasquim, in a negotiated manner, on 05/27/2025. The Board of Directors also approved the appointment of the Chief Industrial... Continue Reading →
Petrobras, following up on the disclosure made on May 9, 2025, announces that it has signed this Thursday (May 22) an agreement with Proquigel, a subsidiary of Unigel, to resolve existing contractual disputes and litigation between the parties. To take effect, the agreement must still be ratified by the Arbitral Tribunal, which has already been... Continue Reading →
(offshore-energy.biz) Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shed light on its activity in the first quarter of 2025. Prosafe reported a revenue of $33 million in Q1 2025, which is similar to the $34 million in the same period last year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to... Continue Reading →
(PN) OneSubsea and Petrobras will jointly develop an integrated umbilical model for subsea control, injection and monitoring, in line with the operator's strategic plan. To this end, the two companies announced the signing of a Memorandum of Understanding. The new solution, which will use proprietary OscilayTM technology, will enable the integration of the service line... Continue Reading →
The Marechal Duque de Caxias platform vessel, installed in the Mero field, in the pre-salt layer of the Santos Basin, reached peak production yesterday, May 19, with 180 thousand barrels of oil per day (bpd). The ramp-up - the period between the first extraction and the moment when the unit reaches its maximum planned capacity... Continue Reading →
(Reuters) Brazilian oil firm Petrobras will have a drill ship ready to make the trip to the northern state of Amapa by the end of the month, three sources close to the matter told Reuters, as the company rushes for a drilling license for the Foz do Amazonas Basin. According to the sources, work to... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on Communications published on 02/26/2025, 04/16/2025 and 05/14/2025, informs that it will make today the payment of the first installment of shareholder remuneration relating to the balance sheet of December 31, 2024. The gross amount to be distributed today corresponds to R$ 0.37183274 per common and preferred share,... Continue Reading →
(OE) Norwegian offshore supply vessel owner DOF Group has secured four long-term charter and service contracts with Petrobras for its anchor handling tug supply (AHTS) vessels, worth approximately $480 million. As part of the new contracts, Skandi Iguaçu, one of the biggest AHTS vessels ever built in Brazil with over 350 mt bollard pull (BP)... Continue Reading →
Brazil Energy Insight 