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Petróleo Brasileiro S.A. – Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 6.250% Global Notes due 2026 (the “Notes”) announcing the redemption price for the Notes. As previously announced, the redemption date for the Notes will be December 23, 2024 (the “Redemption Date”).... Continue Reading →
(Reuters) BG International, a unit of oil major Shell operating in Suriname, plans to submit a plan to the South American country's environmental agency for drilling up to four exploration wells at offshore Block 65, according to a company document seen on Tuesday. Suriname is progressing toward its first oil and gas production offshore. A... Continue Reading →
(OE) Petrobras has signed a 175-day addendum to Fugro’s current inspection, repair and maintenance services contract, performed by the Fugro Aquarius, to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil. Work will begin in January 2025, leveraging Fugro’s advanced Blue Essence uncrewed surface vessel (USV) and Blue Volta electric remotely operated vehicle... Continue Reading →
(offshoreWIND.biz) The Danish Energy Agency (DEA) has issued a construction permit for the 240 MW Jammerland Bugt offshore wind farm, which is planned to be built near Kalundborg, Denmark. The project involves the installation of 16 wind turbines on monopiles and covers an area of 31.1 square kilometres south of Kalundborg, east of the Great Belt,... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that the Board of Directors recommended, on December 17, 2024, the hiring of a financial advisor to support the Company in evaluating potential partnership transactions or asset sales. The analysis of potential... Continue Reading →
U.S.-based oilfield services provider Expro has signed a technology agreement with Petrobras for the development of a new non-intrusive flowmeter for the optimization of production from oil and gas wells. The technology will provide flow rates and identify flow patterns, generating online and real-time data availability for control and monitoring of slug instabilities to increase... Continue Reading →
Offshore drilling contractor Constellation has secured a contract with Petrobras for its ultra-deepwater drillship Amaralina Star, which will operate offshore Brazil, covering remote areas of frontier exploration, such as the Equatorial Margin and Pelotas Basin. The value of the agreement is approximately $528 million, which includes around $39 million mobilization fee and additional integrated services... Continue Reading →
(OE) Portugal is beckoning a new era for offshore wind after officially signing ‘rules of procedure’ for a new Technological Free Zone located off the coast of Viana do Castelo. The news was announced during an international conference in Lisbon promoting offshore wind supply chain development between Portugal and Norway. Addressing the delegation, Portugal’s Secretary... Continue Reading →
Petrobras has been accepted into the Early Adopters program of the NISAR (Nasa-ISRO Synthetic Aperture Radar) mission, a joint project between the American space agency and the Indian Space Research Organization to develop and launch, in 2025, an unprecedented SAR (Synthetic Aperture Radar) satellite image collection system for Earth observation. The images will be used... Continue Reading →
The FPSO (Floating Production, Storage, and Offloading Unit) Alexandre de Gusmão left China today, December 16, heading towards the Mero oil field in the pre-salt layer of the Santos Basin. The platform, leased by Petrobras in partnership with SBM, can produce 180,000 barrels of oil per day and compresses 12 million cubic meters of gas... Continue Reading →
