Petróleo Brasileiro S.A. – Petróleo Brasileiro S.A. – Petrobras, following up on the Material Fact disclosed on 11/03/2022 and Notice to the Market of 11/18/2022 and 01/13/2023, informs that today it will pay the 2nd installment of the remuneration to shareholders approved by its Board of Directors in a meeting held on 11/03/2022. The gross... Continue Reading →
Crown Estate Signs Deals for Six Offshore Wind Projects that Could Power 7 Million UK Homes
(OED) The Crown Estate, responsible for the seabed around England, Wales and Northern Ireland, has signed agreements for lease for six offshore wind projects with companies involving TotalEnergies, BP, RWE, Corio Generagion, EnBW, Cobra IS, and Flotation Energy. These project could start generating electricity by the end of the decade and have the potential to... Continue Reading →
Nauticus Robotics kick-starts its international expansion with new operating bases
Nauticus Robotics has initiated operations in Norway and the United Kingdom, marking the start of its international expansion strategy for 2023 and beyond with the initiation of its operations. The U.S. company said that the operating bases are strategically located in Stavanger, Norway, and Aberdeen, Scotland to service the North Sea offshore market. According to Nauticus... Continue Reading →
SLB wins Russia business as oilfield rivals exit after Ukraine invasion
(Reuters) - Following Moscow's invasion of Ukraine, world's largest oilfield firm SLB (SLB.N) has boosted its business in Russia by cherry-picking service and equipment contracts from rivals who left, according to company documents and people familiar with its operations. While SLB's continued embrace of Russia has drawn sharp criticism, interviews with two people close to the company... Continue Reading →
UK’s Crown Estate to lease seabed sites for six offshore wind projects
(Reuters) - Britain's Crown Estate will lease sites for six offshore wind projects capable of generating enough green electricity to power more than seven million homes by 2030 under agreements announced on Thursday. The UK is one of the world’s largest offshore wind markets, with more than 10 gigawatts (GW) of installed capacity across 38... Continue Reading →
Eolus, PNE Partner Up to Develop 1GW Offshore Wind Farm in Latvia
Eolus and PNE have created a joint venture to develop the Kurzéme offshore wind project in Latvia. The wind farm will have a capacity of around 1 GW and is planned to start commercial operation before 2030. The project area is located in the Baltic Sea, off Latvia's west coast, and the wind farm will... Continue Reading →
Havfram Subsea Reclaims Ocean Installer Name after Offshore Wind Business Sold
(OE) Offshore construction company Havfram Subsea said Thursday it was taking back its Ocean Installer name. The company's subsea business was known as Ocean Installer from the company's inception in 2011, with the 2020 name change reflecting its diversification into the offshore wind industry. The relaunch follows last year's announcement of the sale of Havfram's wind business lines. ... Continue Reading →
Galp buys a cargo of 500,000 barrels of oil from the Union, product of production sharing contract for the Atapu field
(epbr) Galp buys a cargo of 500,000 barrels of Union oil, originating from the production sharing contract for the Atapu field, in the pre-salt layer. Pre-Sal Petróleo S.A. (PPSA) reported that the sale should generate revenues of BRL 210 million for the National Treasury when the shipment is available in two months. The Portuguese oil... Continue Reading →
Perenco plans to increase Pargo production by 25% by the end of 2023
(epbr) Perenco announced this Wednesday the departure of the FSO Pargo platform from a shipyard in Dubai, in the United Arab Emirates, heading to the Pargo field, in shallow waters in the Campos Basin. The unit is part of the concession's production recovery project, which foresees investments of US$ 400 million and promises to increase... Continue Reading →
Vessel contracted by Ocyan for offshore decommissioning work arrives in Brazil
Oil and gas company Ocyan announces the arrival in Brazil of the Solstad vessel, the "Normand Cutter", which under its management will carry out the decommissioning activities of Petrobras' underwater structures in the Campos Basin (Rio de Janeiro) and Sergipe- Alagoas, in a contract won last year. “This is the first decommissioning contract for offshore... Continue Reading →