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(epbr) The Company raised R$ 1.1 billion on the stock exchange with a share price of R$ 14.75. The value was defined below the initial indicative price range, from R$ 15.50 to R$ 19.50. Negotiations at B3 begin on Wednesday (5). - The objective is the acquisition of upstream mature assets. About 66% of the... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras following up on the release disclosed on April 29, 2021, in relation to the request to call an Extraordinary General Meeting to reconstitute the Board of Directors, in view of the resignation of Mr. Marcelo Gasparino da Silva announced on April 16, 2021, informs that the company's Board of Directors, by... Continue Reading →
(PetroNoticias) Petrobras officially launches today the tender for the EPCI of the subsea works of the Búzios 7 project, with the start of the period for sending proposals. The opening of the envelopes was scheduled for the 4th of August. The FPSO Búzios 7 production development project, called P-78, will have a total of 13... Continue Reading →
(REUTERS) Oil prices rose for a third day on Wednesday as easing of lockdowns in the United States and parts of Europe heralded a boost in fuel demand in summer season and offset concerns about the rise of COVID-19 infections in India and Japan. Brent crude rose 93 cents, or 1.4%, to $69.81 a barrel... Continue Reading →
(Reuters) Siemens Energy (ENR1n.DE), which supplies turbines to the power sector, on Wednesday lowered the upper end of its target range for 2021 sales, hurt by weaker-than-expected demand, project delays and the ongoing coronavirus crisis. Revenues are now expected to grow 3-8% in the year to September, compared with a previous range of 2-12%. According to... Continue Reading →
(Offshore Energy) Just like its rival Transocean, offshore drilling contractor Noble Corporation, which has recently marked its 100th anniversary, is optimistic about the market outlook for its rig fleet with a pipeline of tender opportunities developing on the horizon as well as higher day rates. Noble Corporation celebrated its one-hundred-year anniversary about a month ago, but that... Continue Reading →
Colombia's majority state-owned oil company Ecopetrol on Tuesday reported a soaring first-quarter net profit of 3.09 trillion pesos ($806.5 million) for this year, buoyed by improved oil prices and with the backdrop of a dismal comparative period in 2020. The oil company reported a net profit of 133 billion pesos in the first quarter of 2020, following a global slump in oil prices... Continue Reading →
(PetroNoticia) The Libra block development project will move forward. Petrobras applied to the Brazilian Institute of the Environment (Ibama) for the operating license for the second Early Production System (SPA) in the Mero field, located within the block. Like the first SPA in the area, this new project will also be carried out with the... Continue Reading →
Singapore-based Sembcorp Marine continues to face COVID-19 supply chain constraints and shortage of skilled workers, the company said announcing its Q1 results. The workforce shortage has been ascribed to the ongoing travel bans caused by the pandemic, as foreign workers, primarily those from India and Bangladesh, are unable to return to Singapore. Specifically, the Ministry... Continue Reading →
Italian oil and gas and renewable industry services giant Saipem has appointed Francesco Caio as its new CEO. Born in 1957, Caio has a degree in Electronic Engineering from the Politecnico di Milano and a Masters in Business Administration (MBA) from INSEAD Fontainebleau, France. He takes over from Stefano Cao who served as CEO of... Continue Reading →
