(Reuters) - Denmark's Orsted (ORSTED.CO), the world's No. 1 offshore wind farm developer, on Wednesday reported fourth-quarter operating profit in line with preliminary 2022 numbers but said its offshore business faced challenges. "In a year with unusual market conditions, not least the very volatile energy prices and a substantial increase in inflation, we're happy to achieve a record-high... Continue Reading →
Petrobras on news in the media about Board of Renewable Energy
Petróleo Brasileiro S.A. - Petrobras, regarding the pieces of news in the media, clarifies that, among the measures intended by the new management of the Company, the creation of the new Board of Renewable Energy will be considered in due course by the Executive Board and then submitted for approval by the competent corporate bodies,... Continue Reading →
Transocean’s Backlog Boosted by $392M Ultra-deepwater Drillship Brazil Deal
Offshore drilling contractor Transocean said Tuesday it had secured a long-term deal for one of its ultra-deepwater drillships. The contract, awarded by "a national oil company" for work offshore Brazil, is for the ultra-deepwater drillship, Dhirubhai Deepwater KG2. According to Transocean, the drillship has secured a 910-day offshore drilling contract with an estimated backlog of... Continue Reading →
GE Wants to Build Offshore Wind Blade, Nacelle Manufacturing Sites in New York
General Electric recently filed a plan to build two new offshore wind manufacturing facilities in New York if it wins enough orders from companies in the state’s ongoing solicitation for up to 4.6 GW of offshore wind.GE proposed building the factories with Carver Companies at their Port of Coeymans site. The company said that, should... Continue Reading →
Portugal’s First Offshore Wind Auction Set for 3Q as German, Nordic Firms Show Interest
(Reuters) Portugal's first offshore wind power auction is drawing interest from large utility companies, especially those in northern Europe, the economy minister said on Friday, adding that the government would speed up the process, aiming for a third quarter launch. The government last week launched a public hearing regarding proposals for the delimitation of areas... Continue Reading →
Aqua Helix Gets Two-year Contract Offshore Brazil
Damen Shipyards Group and Compagnie Maritime Monégasque (CMM) announced a two-year offshore support contract for Damen Fast Crew Supplier (FCS) 7011 Aqua Helix. The vessel will transport personnel to and from offshore platforms in support of an oil and gas decommissioning project. The 2022-built Aqua Helix arrived in Brazil on January 26 and is anticipated... Continue Reading →
Siemens Gamesa posts $974 mln net loss on higher warranty costs
(Reuters) - Beleaguered wind turbine maker Siemens Gamesa (SGREN.MC), soon to be delisted and folded into parent Siemens Energy (ENR1n.DE), said on Thursday its first-quarter net loss more than doubled on higher warranty provisions as a result of faulty components. The net loss in the October-December period, Siemens Gamesa's fiscal first quarter, widened to 884 million euros... Continue Reading →
Shell 2022 profit more than doubles to record $40 bln
(Reuters) - Shell (SHEL.L) delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy prices after Russia's invasion of Ukraine allowed it to hand shareholders unprecedented returns. The British company's record earnings, which more than doubled from a year earlier, mirror those reported... Continue Reading →
Petrobras on nominations for the Executive Board
Petróleo Brasileiro S.A - Petrobras informs that its CEO Jean Paul Terra Prates has indicated 5 new members for the composition of the Executive Board: Trading and Logistics Executive Board, Mr. Claudio Schlosser; Production Development Executive Board, Mr. Carlos Travassos; Exploration and Production Executive Board, Mr. Joelson Falcão; Refining and Natural Gas Executive Board, Mr.... Continue Reading →
Petrobras on CARF judgment
Petróleo Brasileiro S.A. –Petrobras informs that, in a session held today, the First Panel of the Superior Chamber of Tax Appeals (CSRF), a body of the Administrative Board of Tax Appeals (CARF), rejected the appeals filed by the Company and decided that IRPJ and CSLL taxes are due on the profits of its foreign subsidiary ... Continue Reading →