Brought to you by Quest Offshore & Southern Cone Consultants
Petróleo Brasileiro S.A. – Petrobras, regarding the article "Controversy puts dialogue between Petrobras and the market in check", published in Valor Econômico this Friday, reiterates that the company did not promise or signal a direction for extraordinary dividends at an event with analysts and investors, as already disclosed in a release on March 12. Petrobras... Continue Reading →
(Reuters) - Exxon Mobil (XOM.N), opens new tab on Friday disclosed a new oil and gas discovery in the prolific Stabroek block offshore Guyana, the company's first announced discovery in the South American country this year. The Bluefin discovery joins more than 30 already since 2015 in the Stabroek block, an 6.6 million acre (26,800 square kilometers)... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on December 22, 2023, informs that it is continuing discussions with Mubadala Capital regarding the formation of a downstream partnership in Brazil, the scope of which involves evaluating the acquisition of a stake in the Mataripe S.A. Refinery (RefMat) and a project under development... Continue Reading →
Petrobras has never processed so much natural gas from the Santos Basin Pre-Salt as it did in 2023. The company reached a daily average of 25.25 million m³, surpassing the 2022 record by around 200,000 m³/day. Pre-salt gas is processed at the Caraguatatuba (UTGCA) unit in the state of São Paulo and the Macaé (UTGCAB)... Continue Reading →
(Reuters) - Brazilian energy company Eneva (ENEV3.SA), opens new tab on Thursday reported a net loss of 290.6 million reais ($58.24 million) in the fourth quarter, compared with a loss of 193.9 million reais for the same period in the previous year. The result was due to an impairment of 432 million reais related to the renegotiation... Continue Reading →
(Reuters) - Malaysia's state energy firm Petroliam Nasional (Petronas) (IPO-PETO.KL), opens new tab said on Friday it expects oil and gas markets to face continued uncertainties this year, as it reported a drop in fourth quarter profit due to lower energy prices. The conflicts in Ukraine and Gaza have led to heightened supply risks, while slowing global... Continue Reading →
(OE) Norwegian offshore energy industry services company Axess Technologies has won a concept engineering study contract with Wind Catching Systems (WCS), a developer of floating offshore wind technology. The scope of work entails an advanced handling system capable of replacing turbine blades and entire turbines, while also serving as a versatile work platform for inspection,... Continue Reading →
(OE) Danish offshore marine services company Maersk Supply Service and U.S. vessel owner Edison Chouest Offshore (ECO) have partnered up for the construction and operation of a windfarm feeder concept specifically designed for Maersk Supply Service’s next-generation wind installation vessel (WIV). The purpose-built feeder spread includes two tugs and two barges to be delivered in... Continue Reading →
(OE) Norwegian shipowner Siem Offshore has secured new contracts with TotalEnergies for two of its platform supply vessels (PSV) for work offshore Brazil. The contracts are for Siem Giant and Siem Atlas PSVs. The new duration for Siem Giant is three years firm with options up to four more years. For Siem Atlas, the new... Continue Reading →
(Reuters) - BP PLC (BP.L), opens new tab said on Thursday it was in talks with the Venezuela and Trinidad and Tobago governments to develop a gas field. BP has been seeking to increase its natural gas production in Trinidad to feed into Atlantic LNG's liquefied natural gas export facility. BP's gas output has fallen in the... Continue Reading →
Brazil Energy Insight 