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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/22/21, informs that it signed an agreement today with the National Agency of Petroleum, Natural Gas and Biofuels (ANP) relating to the collection of royalties on the operation of the Shale Industrialization Unit (SIX), located in São Mateus do Sul, state of Paraná,... Continue Reading →
Developers are currently planning to install more than 6 gigawatts (GW) of offshore offshore wind capacity over the next seven years, with the bulk of the projects coming online in 2025, the U.S. Energy Information Administration said in its Preliminary Monthly Electric Generator Inventory report. The number would fall far short of the Biden Administration’s target of... Continue Reading →
Norwegian oil and gas company Aker BP has revealed that the acquisition of Lundin Energy’s oil and gas business, through a statutory merger, is expected to be completed today, which will create the largest listed E&P company focused exclusively on the Norwegian Continental Shelf (NCS). Back in December 2021, Aker BP agreed to acquire Lundin Energy’s oil... Continue Reading →
(OP) Latin America’s largest economy Brazil is experiencing a massive offshore energy boom which has seen the country overtake Venezuela and Mexico in little over a decade to become the region’s largest oil producer. This is driven by pre-salt petroleum discoveries in offshore Brazil, with the first being made by national oil company Petrobras in the Santos... Continue Reading →
(Reuters) - The global offshore wind industry had a record year in 2021 in terms of new capacity but is still projected to fall short of the International Energy Agency's net zero goals by 2030, a Global Wind Energy Council (GWEC) report said on Wednesday. More giant offshore turbines were installed in 2021 than in... 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 investors and the market in general that received on June 27, 2022, notice from GERVAL INVESTIMENTOS LTDA. (“GERVAL” or “Manager”) informing about the change in the equity interest of its funds... Continue Reading →
(OE) Uruguay's ANCAP has awarded three of the six available offshore blocks on its continental shelf to Shell and Apache, following bids received in the most recent ANCAP 2022 Open Bidding Round. Shell won the rights to the shallow-water block OFF-2 and deepwater Block OFF-7. Apache won the rights to the Block OFF-6. The award... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 06/23/2022, informs that it signed today with BW Energy Maromba do Brasil Ltda (BWE), the contracts for the sale of its total stake in the maritime concessions groups named Golfinho Cluster and Camarupim Cluster, in the post-salt deep waters, located in the Espírito... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), in compliance with the provisions of CVM Resolution No. 44 and the Novo Mercado Regulation, informs its investors and the market in general that the Board of Directors, at a meeting held on June 22, 2022, decided on the organizational restructuring of the Company,... Continue Reading →
Brazil’s state-owned oil and gas giant Petrobras has approved the sale of two assets, located in the Espírito Santo Basin offshore Brazil, to BW Energy, an Oslo Stock Exchange-listed oil and gas E&P company. Earlier this month, Petrobras announced that the divestment process of the maritime concession called Golfinho cluster was still in the binding phase, adding that BW Energy was... Continue Reading →
