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(Reuters) - Stronger-than-expected support for Brazil's President Jair Bolsonaro in the first round of a presidential election may provide a boost for Brazilian financial markets on Monday, said bankers and analysts, as the race went to an Oct. 30 runoff. Bolsonaro's leftist challenger, former President Luiz Inacio Lula da Silva, fell short of clinching victory in the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 12/22/2021, informs that, as part of the actions taken to open the Brazilian natural gas market, signed, in 09/30/2022, with Nova Transportadora do Sudeste S.A. (NTS) the Flexibility Reduction Agreement to be used by Petrobras (Agreement) and amendments to the Malha Sudeste, Malha... Continue Reading →
Petro Rio S.A. ("PRIO") (B3: PRIO3) informs that the Board of Directors approved the acquisition of up to 5.43% of the total shares issued by PRIO ("Share Buyback Program"). The Share Buyback may occur in one or more operations, and PRIO's Board of Directors will define the volumes in due course, considering the following conditions:... Continue Reading →
Petro Rio S.A. (PRIO”), following the Material Fact disclosed on the September 1st, 2022, informs its shareholders and the market in general that, on October 1, 2022, the Company’s Board of Directors approved, and the managements of the Company, as consenting intervening party, and of Dommo Energia S.A (“Dommo”) and Petro Rio OPCO Exploração Petrolífera... Continue Reading →
(OED) Vattenfall has granted Aker Solutions and Siemens Energy consortium a limited notice to proceed contract for the Norfolk Boreas offshore wind project off the coast of Norfolk, UK. Under the agreement, Aker Solutions and Siemens Energy will provide the grid connection infrastructure for the Norfolk Boreas Offshore Wind Farm. This includes the engineering, procurement,... Continue Reading →
(OE) Offshore drilling companies Noble Corporation and Maersk Drilling have completed their merger. The transaction concluded through the completion of Noble’s recommended voluntary public share exchange offer to the shareholders of Maersk Drilling. The companies are now operating as a single organization as of October 3, 2022. Noble’s President and Chief Executive Officer, Robert Eifler, said:... Continue Reading →
(Reuters) - The second round of Brazil's presidential campaign kicked off Monday after right-wing President Jair Bolsonaro outperformed polling and robbed leftist former President Luiz Inacio Lula da Silva of an outright victory in the first round of voting. The unexpectedly strong showing by Bolsonaro on Sunday dashed hopes for a quick resolution to the deeply polarized... Continue Reading →
Norwegian offshore vessel owner Solstad Offshore has been awarded a new contract offshore Brazil for one of its platform supply vessels (PSVs). Solstad Offshore informed on Monday that PSV Normand Titus has been booked by Trident Energy do Brasil for work in Brazilian waters, where Trident operates and owns 100 per cent working interest in ten concessions. The... Continue Reading →
Installation of an innovative marine data collection buoy on one of the floating wind ‘macro-zones’ set to be tendered in the Mediterranean Sea off France is moving ahead following the award of final permits to technology developer Ocergy. The pilot unit, part of Ocergy’s ‘Blue Oracle’ (Buoy with Lidar and Underwater Equipment for Ocean Resource... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/11/2022, informs the beginning of the binding phase concerning the sale of its mining rights for research and mining of potassium salts located in the Amazonas Basin. Potential buyers qualified for this phase will receive a process letter with detailed instructions about the... Continue Reading →
Brazil Energy Insight 