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Sept 17, 2020 German oil and gas company Wintershall DEA said Thursday it would establish mobile and flexible working as a standard practice even after the pandemic. "We aim to achieve a mix, a hybrid working model, for when the pandemic is over. We call it Flex Forward at Wintershall Dea,” says Mario Mehren, CEO... Continue Reading →
Sept 15, 2020 Petrobras announces that holders of U.S.$4,037,681,000 aggregate principal amount of 5.093% Global Notes due 2030 (the “Old Notes”), issued by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), tendered their Old Notes prior to 5:00 p.m., New York City time, on September 15, 2020 (the “Expiration Date”), pursuant to PGF’s previously announced... Continue Reading →
September 17, 2020 Petróleo Brasileiro S.A. - Petrobras informs that it has successfully concluded the operation test with an flowrate of 30 MM m3/day (millions of cubic meters per day) of natural gas, held at the Guanabara Bay (TR-BGUA) liquefied natural gas regasification terminal in Rio de Janeiro, becoming the new world record for regasification... Continue Reading →
Sept 17, 2020 Petrobras is interested in investing in renewable energies, but while other oil companies already have more defined plans for this sector, the Brazilian state-owned company is still looking for a way to enter in this market. The company's executive director of finance and investor relations, Andrea Marques de Almeida, declared that Petrobras... Continue Reading →
Sept 17, 2020 Oil and gas services provider Sapura Energy has announced two major project wins in South America, as well as a drilling contract win in the Ivory Coast. Sapura Energy said on Thursday that the total value of the three contracts is RM 840 million ($203.4 million), bringing the company’s total wins to-date... Continue Reading →
DOF Subsea has secured an integrated field support vessel (FSV) contract with an undisclosed international oil company in Angola. The project will utilise Skandi Seven for a minimum of 303 firm vessel days plus 365 days of options. The contract also includes the potential supply of additional vessels, as required by client. DOF Subsea will during the... Continue Reading →
Sept 17, 2020 Offshore helicopter operator Bristow has appointed Jennifer Whalen as Senior Vice President and Chief Financial Officer. Whalen will be responsible for accounting, financial reporting, investor relations, M&A, tax, and other financial aspects of the company. She was previously serving as the CFO in an interim role since June 2020. Before this Whalen was... Continue Reading →
Sept 17, 2020 If 2020 had been anything close to a normal year, the oil and gas industry would have just wrapped up its annual gathering in Singapore, most likely reassured of its ongoing essential role in humanity's future. But this is far from a normal year, and the Asia Pacific Petroleum Conference (APPEC) was... Continue Reading →
Sept 17, 2020 Plans by European oil companies to increase their renewable power capacity are driving up the price tags on renewable businesses and projects, the CEO of British renewables and network company SSE, told Reuters. BP, Shell, and Total have all announced renewable expansion plans this year to reduce their reliance on fossil fuels and meet internal... Continue Reading →
September 17, 2020 Brazilian maritime logistics and port operator Wilson Sons has accepted the resignation of Cezar Baião from the position of CEO of Operations in Brazil, effective from March 5, 2021. The company has this week said that its board has accepted the nomination and decided to appoint Fernando Fleury Salek as CEO of... Continue Reading →
