SBM Offshore Half Year 2020 Earnings

On target despite global disruption August 6, 2020  Highlights Effective response to COVID-19 and oil price crises Successfully maintaining focus on health and safety of staff and business continuity Adapting the organization to ensure flexibility, performance and competitiveness Financial results in line with expectation 2020 Directional1 EBITDA guidance increased from “around” to “above” US$900 million... Continue Reading →

Subsea Energy Solutions Eyes Business in Brazil

UK-based offshore energy equipment maker Subsea Energy Solutions is expanding into Brazil following signing a sales agreement with Marine and Offshore Partners. Subsea Energy Solutions said Wednesday that Rio-based M&O Partners would help it develop new relationships and business development with multinational operators such as Petrobras. Continue reading

Wilson Sons Innovation Lab promotes digital transformation on board its tugboat fleet   

  Pioneer project is another step of the company towards innovation  Tuglab, Wilson Sons’ innovation laboratory, in partnership with the IT Management of the company’s Towage division, developed the Closed Circuit TV (CCTV) and Network Cabling project for the fleet. Local internet network and 480 cameras are planned to be installed. The equipment has already been installed... Continue Reading →

Vallourec to Keep Supplying Petrobras with Tubular Solutions Until 2023

Tubular solutions supplier Vallourec has signed contract extensions with Petrobras for the supply of its products and services. Since 2019, Vallourec has been supplying Petrobras with OCTG products, including seamless steel tubes, connections, and accessories, as well as associated services such as offshore inspection, repair, and supervision. The contracts have now been extended until 2023.... Continue Reading →

Petrobras on new gasoline

July 29, 2020 Petróleo Brasileiro S.A. – Petrobras informs that it is already producing at all of its refineries and selling to distributors gasoline with RON 93 octane rating, which will only be mandatory in Brazil in 2022, according to the new regulations of the National Agency of Petroleum, Natural Gas and Biofuels (ANP) -... Continue Reading →

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