3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3) communicates to its shareholders, investors and the market in general the result of the updates of the reserves reports of the Macau and Recôncavo Clusters, prepared by the independent consultancy DeGolyer and MacNaughton, and of the Rio Ventura, Fazenda Belém and Pescada and Arabaiana... Continue Reading →
PetroRio: April Operational Data
Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of April. Obs.: (1) Frade Field’s production was impacted by subsea scheduled activities and a blackout in the FPSO due to a gas turbine shutdown during routine tests. (2) ... Continue Reading →
3R Petroleum: April production data
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” ou “Company"), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for April 2022 in the assets that the Company holds participation. (1) Refers to 3R's stake in all Polo Macau concessions. On December 21, 2021,... Continue Reading →
Petrobras begins the binding phase of E&P assets in the Sergipe-Alagoas Basin
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 04/11/2022, informs that today it started the binding phase regarding the sale of its total participation in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin, state of Sergipe. Potential buyers qualified for this phase will receive a process letter with... Continue Reading →
Saipem Eyes 2B Euro Capital Hike in Summer – CEO to Paper
Italian energy services group Saipem is working to bring forward a planned 2 billion euro ($2.12 billion) capital increase and carry it out in the summer, CEO Francesco Caio told Il Sole 24 Ore in an interview published on Tuesday. The capital hike is aimed at funding a turnaround plan after the group stunned investors... Continue Reading →
Karoon adds to Maersk rig’s backlog in Brazil
Australia’s oil and gas company Karoon Energy has decided to exercise its option for two additional wells in Brazil to be drilled by one of the Maersk Drilling-owned semi-submersible rigs. The offshore drilling contractor informed on Tuesday that Karoon Energy has exercised options to add the drilling of up to two wells at the Neon field –... Continue Reading →
Kongsberg to Provide Electrical and Control Equipment for Yinson FPSO
Malaysian FPSO leasing company Yinson has ordered a suite of electrical and control equipment from Kongsberg Maritime for an FPSO vessel currently under conversion. Kongsberg Maritime will deliver E-house, electrical, control, safeguarding and telecommunication equipment solutions, and the deal also includes service support on board the Maria Quitéria FPSO owned by Yinson. FPSO Maria Quitéria is expected to start work... Continue Reading →
Scana’s Seasystems to Deliver Anchoring System for FPSO in Brazil
Scana's Seasystems has secured a contract worth more than NOK 50 million (more than ~$5,16 million) to deliver an anchoring system to an FPSO project in Brazil. Seasystems will deliver mooring equipment such as dual axis chain stoppers, chain handling systems, and winches. The FPSO will be rebuilt. The company did not say who the... Continue Reading →
Department of Energy to boost investment in U.S. offshore wind development
(WO) — The offshore wind sector has made huge strides over the last year, putting the industry on track to achieve President Joe Biden’s goal of reaching 30 gigawatts of offshore wind generation by 2030. To ensure its success, the U.S. Department of Energy (DOE) is allocating funds and programs to the development of projects... Continue Reading →
Venezuela begins imports of Iranian heavy oil for refining -PDVSA documents
(Reuters) - Venezuela has begun importing Iranian heavy crude to feed its domestic refineries, documents from the state-run oil company PDVSA showed, a deal that widens a swap agreement signed last year by the U.S. sanctioned countries. The two last year initially agreed to a swap deal, with PDVSA importing Iranian condensate to dilute and... Continue Reading →
Brazil Energy Insight 