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Petróleo Brasileiro S.A Petrobras Petrobras informs that its Board of Directors approved, at a meeting held today, the Strategic Plan 2050 (SP 2050) and the Business Plan 2025-2029 (BP 2025-29). During the development of the Plans, the Board of Directors took part in discussions with the technical areas and the Executive Board, leading to the... Continue Reading →
(offshore-energy.biz) South Korea’s shipbuilder Hanwha Ocean has closed its acquisition of Singapore-based offshore builder Dyna-Mac, which specializes in manufacturing marine plant topside structures for floating production, storage, and offloading (FPSO) and floating liquefied natural gas (FLNG) units. The deal was closed on November 20, 2024, when Hanwha Ocean agreed to acquire approximately 95.15% of the total issued... Continue Reading →
(OE) Scottish ocean energy pioneer Mocean Energy has launched a crowdfunding campaign on Crowdcube, Europe’s largest private market investment platform. The campaign, which is now live, aims to finance the next phase of the company’s growth plans as it looks to mature its wave energy technology. Mocean Energy is working to transform the ocean energy... Continue Reading →
(OE) NOV has introduced the Quick Connector, developed by its subsidiary GustoMSC, to enhances the safety and efficiency of offshore lifting operations across the offshore energy industry. As countries seek to increase their renewable energy capacity and reduce carbon emissions, offshore wind will play a major role in the world’s expanding energy mix. However, these... Continue Reading →
SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion. The project financing was fully secured by a consortium of 16 international financial institutions. The Company expects to draw the loan phased over the construction period of the FPSO. The project loan is in line with the... Continue Reading →
(offshoreWIND.biz) The Netherlands Enterprise Agency (RVO) has published draft regulations and plot decisions for the offshore wind tender for the IJmuiden Ver Gamma and Nederwiek I areas and said that the government would open the tendering procedure in September 2025. Previously planned as a 4 GW, four-site tender, the procedure will offer three sites as one... Continue Reading →
(Reuters) - Peru's indebted state-run oil firm PetroPeru could consider offering a minority stake to private investors in the second half of 2025, when the company hopes to emerge from a crisis and post profits, Chairman Alejandro Narvaez told Reuters on Wednesday. At an interview in his office in Lima, Narvaez said the offering would only start... Continue Reading →
Following the commitments of the government mission from Japan, a Memorandum of Understanding was signed between the state government and Shizen Energy, a Japanese company specializing in renewable energy. The document was signed by Governor Eduardo Leite and representatives of the company. The agreement provides for the performance of feasibility studies for the construction of... Continue Reading →
(Reuters) - Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government's free-market approach to paying for new ones may prevent the country from becoming a major gas exporter by early next decade. About $58 billion worth of new or upgraded pipelines, processing plants and export terminals... Continue Reading →
Petróleo Brasileiro S.A – Petrobras, following up on the Material Fact of August 8, 2024, informs that it will pay today the first installment of the dividends approved by its Board of Directors in a meeting held on August 8, 2024. The gross amount to be distributed today is R$ 0.52660009 per ordinary and preferred... Continue Reading →
Brazil Energy Insight 