Germany mulls state guarantees for renewable energies production

(Reuters) - Germany is examining introducing state guarantees for investments in renewable energies, Economy Minister Robert Habeck said on Monday, as Berlin attempts to become more independent in scaling up renewables capacity. The state support could include purchase and credit guarantees for renewable energies production, Habeck said, adding that these guarantees could somewhat overcome uncertainties... Continue Reading →

Shell Wraps Up Bonga FPSO Maintenance in Nigeria

(Reuters) Shell has completed a scheduled maintenance at its 200,000 barrels-per-day Bonga deep water storage and offloading vessel in Nigeria, a spokesperson said. The Shell Nigeria Exploration and Production Company said in a statement late on Thursday that the maintenance was completed in 22 days, less than the scheduled 30 days. Bonga is typically one... Continue Reading →

Transocean to Buy Newbuild Ultra-Deepwater Drillship from DSME Ordered by Seadrill in 2013

(OE) Offshore drilling contractor Transocean said Thursday that it had together with Perestroika and funds managed by Lime Rock Management L.P created a joint venture, Liquila Ventures. Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co., Ltd. (“DSME”), to purchase Hull 3623, the ultra-deepwater newbuild drillship formerly known as West Aquila, for approximately $200 million.... Continue Reading →

Petrobras on the sale of REGAP Refinery

Petróleo Brasileiro S.A. – Petrobras informs that it has received a binding proposal for the sale of the Gabriel Passos Refinery (REGAP), in Minas Gerais, but decided to close the process, since the conditions of the presented proposal were below Petrobras' economic and financial evaluation. Thus, the company will evaluate the appropriate moment to start... Continue Reading →

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