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(PN) Petronotícias published an exclusive investigation report into the outcome of the Petrobras tender to contract the P-84 and P-85 platforms, for the Atapu and Sépia fields, respectively, in the pre- salt from the Santos Basin. After a few months of negotiations, Seatrium (a company formed by the merger between Sembcorp Marine and Keppel Offshore)... Continue Reading →
Petrobras estimates investments of around US$ 73 billion in exploration and production activities and will allocate part of this investment to demands addressed to the naval and offshore industry, with actual construction opportunities in Brazil. The projects related to these demands include oil platforms, maritime support vessels, cabotage vessels, and the sustainable disposal of units.... Continue Reading →
(OE) Italian cable maker and installation services provider Prysmian has named Massimo Battaini as its new chief executive officer and general manager. The new CEO appointment also marks the entering into force of the new organizational structure, aimed at supporting the company’s strategic plan and value creation, Prysmian said. The new organization, as already announced... Continue Reading →
(Reuters) Top oilfield services firm SLB reported a 14% rise in first-quarter profit on Friday, as strong international oil and gas drilling demand helped offset a slowdown in North America activity. Companies such as SLB have gained from a rise in demand in international and offshore exploration and production, especially in the Middle East and... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has signed a Memorandum of Understanding (MoU) with bp to promote cooperation and business opportunities between the companies. The non-binding agreement covers topics such as Sustainable Fuels, Carbon Credits, Biorefining and Exploration and Production. The companies also aim to work together on research, development, and innovation projects.... Continue Reading →
Petrobras plans to launch, later this year, tenders for support vessels. The company plans to contract 38 vessels by 2025, including the 12 PSV type ships (Platform Support and Supply Boat) that appear in the tender launched by the company at the end of March. The expected investment should reach US$ 2.5 billion. In addition... Continue Reading →
(OE) Oil major BP has simplified its organization structure and made executive team changes in an effort to streamline its business operations. BP said it will continue to have three businesses - production and operations, gas and low carbon energy. and customers and products – enabled by trading and shipping. The current regions, corporates and... Continue Reading →
(Reuters) - State-run energy firm Petrobras has hit growing resistance from Indigenous groups and government agencies to its premier exploration project, which would open the most promising part of Brazil's northern coast to oil drilling. Environmental agency Ibama denied Petrobras a license for exploratory drilling offshore in the Foz do Amazonas area last year, citing... Continue Reading →
(OE) Norwegian seismic firms TGS and PGS have received merger approval from the Norwegian Competition Authority (NCA), brining them one step closer to establish a premier energy data company. The merger between the companies, first announced in September 2023, has been subject to review by the competition authorities in the UK as well as in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that yesterday it signed a memorandum of understanding with the China National Chemical Energy Company (CNCEC) covering several areas, especially renewable energies and energy transition. The partnership also provides for the evaluation of potential commercial agreements in the areas of oil exploration; fertilizer production from natural gas and other... Continue Reading →
Brazil Energy Insight 