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Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/21/2020, informs that today it has concluded the sale of its total interests in eight onshore exploration and production fields, jointly called Rio Ventura Cluster, located in the state of Bahia, to 3R Rio Ventura S.A., a wholly owned subsidiary of 3R Petroleum... Continue Reading →
(epbr) In June, Petrobras began contracting the FPSO for future deepwater fields in the Sergipe-Alagoas Basin. The company's current business plan foresees investments in the order of R$ 2 billion in the development of reserves. — The information comes from the Production Development director, João Henrique Rittershaussen, who spoke about the business in the E&P... Continue Reading →
(Reuters) - Brazil's Raizen, a joint venture between Royal Dutch Shell (RDSa.L) and Brazilian energy company Cosan SA (CSAN3.SA), plans to raise roughly 6.9 billion reais ($1.34 billion) in an initial public offering, a securities filing showed on Wednesday. Raizen said it set the price range at 7.40 to 9.60 reais per share, which will give the company... Continue Reading →
Malaysian oil and gas firm Petronas is preparing to start drilling an offshore well in Mexico. According to an exploration report by its Indonesian partner Medco Energi, Petronas is gearing up to drill the Bacalar-1EXP exploration well. Medco is a partner through its subsidiary Ophir Mexico Operations Block 12. The well will cost $4,417,169 in... Continue Reading →
EDP and TechnipFMC, together with research partners, have launched a joint project to develop a conceptual engineering and economic feasibility study for a new offshore system for green hydrogen production from offshore wind power. The goal of the project – called BEHYOND and supported by the Blue Growth Programme of the European Economic Area Financial... Continue Reading →
Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3) informs its shareholders and the market in general that it has signed with Ocyan Drilling S.A. a contract to hire the NORBE VI drilling rig for the Frade Field Revitalization Campaign and the Wahoo Field development. The contract will begin in March 2022 and will enable the... Continue Reading →
Germany-based "cleantech" provider FUELSAVE has signed a contract with offshore drilling company Seadrill to deploy its advanced combustion conditioning technology on Seadrill's drillship. The technology promises to reduce primary fuel oil consumption and cut Co2 and GHG emissions from the rig. Seadrill’s 6th generation West Saturn drillship will be fitted with FUELSAVE’s solution FS MARINE+,... Continue Reading →
Italian energy industry services provider Saipem is set to complete the acquisition of the French Naval Energies' floating wind business. The two companies first announced the agreement on June 4, and now all the necessary conditions for the completion of the deal have been fulfilled. Saipem acquired from Naval Energies the activities in the floating... Continue Reading →
(PetroleoHoje) After extending the charter period for the Petrobras 10.000 drillship, Petrobras extended the contract for the drillship Etesco Takatsugu J with Etesco for another three years. The deadline, which would expire in April 2022, was extended until April 2025. The rig's daily rate during this extension period will be reduced to around US$ 230,000.... Continue Reading →
(Reuters) Petrobras' Albacora oilfields in Brazil are likely to attract at least three buyers despite a roughly one-month delay to let interested parties finalize their bids, four sources with knowledge of the matter told Reuters. Petroleo Brasileiro SA, as Petrobras is formally known, has been selling off dozens of assets ranging from refineries to pipelines in a... Continue Reading →
