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(Reuters) - Exxon Mobil Corp (XOM.N) on Thursday said it will raise spending next year closer to the top end of its $20 billion-$25 billion annual guidance and expand investments to curb carbon emissions. Exxon led record gains among oil majors in the second and third quarters this year, aided by its highly criticized decision during the COVID-19 pandemic to double... Continue Reading →
The global deep-water drilling giant Transocean has been awarded contracts in Brazil worth $1.04 billion for two ultra-deepwater drillships. Transocean said its drillships Deepwater Corcovado and Deepwater Orion would work offshore Brazil for a national oil company. Deepwater Corcovado was awarded a four-year contract, which contributes an estimated $583 million in backlog and is expected... Continue Reading →
Five developers selected to build the first floating wind farms in U.S. federal waters (OE) To support the California Energy Commission’s planning goals of 2-5 GW of offshore wind by 2030 and 25 GW by 2045 as well as a federal target to deploy 15 GW of floating wind by 2035, the Bureau of Ocean... Continue Reading →
Offshore accommodation provider Prosafe has been awarded a contract by Petrobras for the provision of the Safe Zephyrus semi-submersible vessel for safety and maintenance support offshore Brazil. Prosafe was declared the winner of a bidding process launched by Petrobras for the provision of the Safe Zephyrus semi-submersible unit in November. A potential contract award and the timing of the contract... Continue Reading →
Five leases were offered by the Bureau of Ocean Energy Management (BOEM) in thefirst-ever offshore wind lease sale on the US west coast and the first-ever US sale to support commercial-scale floating offshore wind energy development opportunities. With a bid of USD 130 million for 80.062 acres in the Pacific Ocean, Equinor secured a ~2-gigawatt... Continue Reading →
Vineyard Wind 1, America’s first large-scale offshore wind project, is moving forward with submarine cables being delivered by Prysmian Group. Prysmian’s cable laying vessels, Cable Enterprise and Ulisse, arrived in the US with submarine cables manufactured and tested at the company’s centres of technological excellence in Pikkala, Finland, and Arco Felice, Italy. In November, Cable Enterprise installed the... Continue Reading →
The United States' first sale of offshore wind development rights off the coast of California attracted more than $400 million in bids on Tuesday from companies seeking a foothold in the domestic industry's expansion to the Pacific Ocean. The auction, which will continue on Wednesday morning, is a major milestone in the Biden administration's push to put wind... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that CEO Caio Mário Paes de Andrade has accepted the invitation from future Governor Tarcísio de Freitas to be a member of the next São Paulo state government staff. In the coming weeks, CEO Caio will continue in his current role and will not participate in the transition in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/27/2022, informs that it has started today the binding phase concerning the sale of all its equity interest, corresponding to 34.54% of the total capital, in the company METANOR S/A - Metanol do Nordeste (Metanor), headquartered in Camaçari, in the state of Bahia.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras (Company), continuing the notices released on October 31, 2022, and November 16, 2022, hereby informs that the public offering of real estate receivables certificates (CRI), in three (3) series, comprising the first (1st), second (2nd) and third (3rd) series of the (sixty-seventh) (67th) issuance of Opea Securitizadora S.A., backed by... Continue Reading →
Brazil Energy Insight 