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China’s Waigaoqiao Shipbuilding has launched the Liza Unity FPSO hull. According to Eworldship.com, the hull hit the water on Saturday, June 8, 27 days ahead of schedule. Once completed, the Liza Unity will be SBM’s first operational FPSO built under its Fast4Ward program – a standardized FPSO designed to systematize the FPSO construction and delivery process,... Continue Reading →
Rio de Janeiro, June 7, 2019 - Petróleo Brasileiro S.A. - Petrobras, following up on the release of 05/22/2019, informs that on this date it has submitted to the Brazilian Association of Financial and Capital Market Entities ("ANBIMA") a request for prior analysis for registration of the secondary public offering for distribution of common shares... Continue Reading →
06/06/2019 | The prospect of investments in the exploration of new reserves, auctioned by the National Agency for Petroleum, Natural Gas and Biofuels (ANP) in the last three years, together with the revitalization strategy of the mature fields, indicate the resumption of the oil and gas sector operations in Macaé. Data on the strategies of... Continue Reading →
Brazilian subsidiary of Norwegian offshore vessel provider DOF has received an extension for one of its vessels working in South America. DOF said on Friday that its subsidiary – Norskan – had won a one-year extension for the Skandi Hav vessel from Brazilian oil major Petrobras. Continue reading
The worldwide offshore rig count in May 2019 dropped by 11 units sequentially but was up 43 rigs year-over-year, according to monthly rig count reports by Baker Hughes, a GE company (BHGE). BHGE splits its rig counts into international and North America rig counts, which combined make the worldwide rig count. Baker Hughes said on Friday... Continue Reading →
Offshore drilling contractor Seadrill has named a new chief financial officer (CFO) of the company. Seadrill said on Thursday that it named Stuart Jackson as the company’s CFO, effective upon release from his current employment expected by the beginning of August. He will replace Seadrill Limited CFO Mark Morris who announced he would step down... Continue Reading →
Rio de Janeiro, June 6, 2019 – Petróleo Brasileiro S.A. – Petrobras informs that today the Plenary of the Federal Supreme Court (STF) reversed the provisional injunction granted by Minister Ricardo Lewandowski in ADI 5624, which conditioned the sale of control of subsidiaries and subsidiaries of state-owned companies to prior legislative authorization and public... Continue Reading →
June 6, 2019 Secretary of Economic Development of RJ considers scenario with an increase of 35 floating rigs and 50 FPSOs in the country Brazil will demand 270 new vessels to support E & P activities by 2030, considering the potential of the assets that will be auctioned as of this year. The estimate is... Continue Reading →
Occidental Petroleum’s $38 billion acquisition of rival Anadarko has moved closer to completion it has the U.S. antitrust regulators have given it an approval. Occidental informed on Tuesday the U.S. Federal Trade Commission had granted early termination of the waiting period under the HSR Antitrust Improvements Act of 1976, thus concluding the antitrust review of... Continue Reading →
ExxonMobil has committed to further investing in Block 15 offshore Angola with the aim to boost oil output. ExxonMobil said Wednesday the decision made with its partners was part of an agreement with Angola’s recently established National Agency for Petroleum, Gas, and Biofuels. As part of the agreement, Sonangol, Angola’s state oil company, will receive... Continue Reading →
