US Department of Energy (DOE) selects Principle Power and Aker Solutions to advance plans for serial manufacturing of WindFloat® foundations

Principle Power and Aker Solutions (“FloatHOME” consortium) have been chosen as a winner for the second phase of the U.S. Floating Offshore Wind Readiness (FLOWIN) Prize by the DOE. The award consists of a $450,000 cash prize and $100,000 in technical assistance from the DOE National Labs. Prize money is being used to advance WindFloat®... Continue Reading →

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Petrobras on Company’s CEO 

Petróleo Brasileiro S.A – Petrobras, in continuation of the Material Facts disclosed on 05/14/2024, informs that its Board of Directors, in a meeting held today, approved the early termination of Mr. Jean Paul Prates' mandate as CEO of Petrobras through negotiation, with effects from this date. With the termination of his mandate as CEO of... Continue Reading →

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Oceaneering on track with full-year 2024 expectations

(Offshore-energy.biz) Texas-headquartered Oceaneering International has reported an operating income of $44.2 million for its Subsea Robotics division in the first three months of 2024, a 31% increase compared to the first quarter of 2023. In Q1 2024, Oceaneering reported a net income of $15.1 million on revenue of $599 million, while adjusted net income was... Continue Reading →

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ExxonMobil Strikes Oil Offshore Angola

(OE) ExxonMobil and its partners have made an oil discovery at Block 15 offshore Angola, while drilling the exploration well located in the Kizomba B development area. The discovery was made while drilling the Likembe-01 well in Block 15, operated by ExxonMobil, in partnership with Azule Energy, Equinor and Sonangol. Drilled between the months of... Continue Reading →

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Petrobras on Official Letter from the Ministry of Mines and Energy – Termination of Prates and Nomination of Chambriard

Petróleo Brasileiro S.A – Petrobras informs that it has received Official Letter No. 214/2024/GM-MME, through which the Ministry of Mines and Energy (MME), after being informed of Mr. Jean Paul Prates' request for early termination of his term as CEO of Petrobras through negotiation and, if approved, his intention to subsequently resign from the position... Continue Reading →

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