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Petróleo Brasileiro S.A - Petrobras, following up on the press releases published on 11/09/2023 and 11/21/2023, informs that it will pay on 03/20/2024 the second installment of dividends relating to the balance sheet of September 30, 2023, based on the shareholder position of 11/21/2023, in connection to the Material Fact released on that date. The... Continue Reading →
(OE) SBM Offshore and Technip Energies have signed a partnership agreement to form a joint venture EkWIL as a floating offshore wind pure player. The companies signed a memorandum of understanding (MoU) for the creating of EkWIL, which will be able of proposing a wide range of solutions to clients. EkWiL will combine the people... Continue Reading →
(OM) The Zama offshore oilfield development project operated by state company Pemex has been “delayed for the right reasons,” according to Talos Energy Chief Executive Tim Duncan. Duncan said that the delay will allow needed changes to the engineering design that will enable the project to move forward. Duncan was quoted by Reuters in a... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the article "Presentation to analysts in NY would have signaled payment of dividends by Petrobras", published in Valor, clarifies that the company did not promise or signal any indication of extraordinary dividends at the event held with analysts and investors on 01/30/2024 and 01/31/2024. Petrobras seeks to be transparent... Continue Reading →
Foresea, Brazilian leader in the offshore drilling segment, released its first annual report, with the financial and operational results achieved last year. The company consolidated a healthy financial position, ending the period with US$141 million in cash and a profit of US$65.8 million. Operational performance is also a highlight: the company maintained operational uptime of... Continue Reading →
(OE) Oilfield services firm Archer has secured a $20 million contract from Trident Energy to provide its well interventions and platform drilling services in Brazil. Archer will provide comprehensive platform drilling services, including well interventions for regulatory requirements, workover and drilling operations, well maintenance and drilling facilities engineering, to enhance Trident Energy's offshore assets in... Continue Reading →
Feritech Global has completed a major design and build project for Oceaneering, the world’s largest provider of subsea robotics to the offshore energy industry. The company has designed a next generation auto-drop piston corer which is expected to dramatically reduce the amount of time needed for subsea geotechnical surveying, increasing safety and efficiency, whilst reducing... Continue Reading →
(Splash) Brazilian offshore drilling player Petroserv Marine is set to be acquired by a consortium of financial investors. A special purpose vehicle PS Marine Holding will take over all Petroserv’s assets via a share purchase of its subsidiary, Universal Energy Resources for an undisclosed sum. Founded in 1972, Petroserv currently owns and operates a fleet... Continue Reading →
(Offshore-energy.biz)Boskalis’s offshore energy division saw 50 per cent of its revenue coming from offshore wind in 2023, according to annual results the Dutch dredging and offshore construction specialist released on 7 March. Company-wide, Boskalis reported a 20 per cent increase in revenue and a 150 per cent higher net profit than in 2022. For its... Continue Reading →
One of the drillships owned by Stena Drilling, an offshore drilling contractor, has completed its 15-year special period survey (SPS). The Stena Carron drillship went to Las Palmas to start its SPS, during which maintenance was performed on the sheaves. According to Stena Drilling, the main and auxiliary wells were removed and replaced, full bearing replacements were conducted, and... Continue Reading →
Brazil Energy Insight 