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July 20, 2020 3R was created to dispute the purchase of mature onshore production fields, with a focus on revitalization. Ouro Preto was founded by Rodolfo Landim to dedicate to the offshore mature fields. Onshore, 3R has an investment plan of R $ 200 million in Rio Grande do Norte and Ouro Preto recently closed... Continue Reading →
Jul 20, 2020 Oceânica Engenharia e Consultoria signed a contract with Petrobras to provide underwater intervention services in water depths of up to 3 thousand m. The scope includes engineering services, painting (anti-corrosion), equipment certification and recertification, manufacturing and assembly, material characterization, computer simulations and underwater operations practices, among other activities. Source: PetroleoHoje
Finland’s Wartsila (WRT1V.HE) sees the second half of the year as ‘extremely challenging’, its chief executive said on Friday, after the engineering firm reported smaller-than-feared 51% drop in April-June profits. The ship technology and power plants maker said the effects of the pandemic on its 2020 numbers would be material and CEO Jaakko Eskola told... Continue Reading →
Oilfield services giant Halliburton Co (HAL.N) posted its third straight quarterly loss on Monday as it took a $2.1 billion impairment charge amid a slump in oil prices and the resulting collapse in drilling by North American customers. Demand for drilling services and oilfield equipment offered by Halliburton and rivals Schlumberger (SLB.N) and Baker Hughes... Continue Reading →
Brazil increased crude exports to Asia in the first half of the year, stealing a slice of a coveted developing market from global rivals who made record cuts to shipments to match the unprecedented fall in demand caused by the coronavirus pandemic. The rise reflects Brazil’s growing clout among global oil producers as its massive... Continue Reading →
An oil production and storage vessel operated by Mexican state oil firm Pemex in the Gulf of Mexico has resumed crude shipments after a tanker collision halted exports earlier this month, according to a person with knowledge of the matter and data from Refinitiv Eikon. The FPSO facility (floating production, storage and offloading), which has... Continue Reading →
U.S. oil major Chevron has agreed to buy with Noble Energy, in an all-stock transaction valued at $5 billion, or $10.38 per share. Based on Chevron’s closing price on July 17, 2020 and under the terms of the agreement, Noble Energy shareholders will receive 0.1191 shares of Chevron for each Noble Energy share. The total... Continue Reading →
July 20, 2020 The oil company Enauta reported estimate average daily production from the Atlanta field at 23,000 barrels of oil for 2020, according to a press release. For 2021, production in Atlanta, in the Santos Basin, should drop to 18,000 bpd, projected Enauta, emphasizing that the estimates have a negative or positive variation margin... Continue Reading →
July 17, 2020 Petróleo Brasileiro S.A. - Petrobras, in compliance with article 30, item XXXIV of CVM Instruction 480/09, informs that it received from shareholders who jointly hold more than 5% (five percent) of its common shares, the request to adopt the cumulative vote system in the election of candidates to the Board of Directors... Continue Reading →
July 17, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 05/17/2019 and 06/21/2019, informs that, yesterday, the United States Court of Appeals for the Fifth Circuit dismissed the appeal filed by the company against the decision rendered by the Federal Court of Texas, on 05/17/2019, which confirmed the arbitration award... Continue Reading →
