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(BUSINESS WIRE)--GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Ecuador, Chile, Brazil and Argentina reports its consolidated financial results for the three-month period (“First Quarter” or “1Q2021”). A conference call to discuss 1Q2021 financial results will... Continue Reading →
Norway-based Axess Group has signed an offshore support services contract with FPSO operator Altera Infrastructure. Axess said this week that the long-term global contract would see Axess provide offshore support services to FPSO assets located on the Norwegian Continental Shelf and the Brazilian Continental Shelf, as well as other assets in the future. Axxes Group did not share details on the financial side of the deal nor... Continue Reading →
( OE) Offshore drilling contractor Noble Corp. has reportedly submitted a bid to acquire some assets of rival Seadrill. This is according to Reorg, a website providing credit intelligence, data, and analytics for hedge funds, asset managers, investment banks, law firms, and financial advisors. In a brief article (paywall) published Wednesday, Reorg, citing unnamed sources, said that... Continue Reading →
Aker Solutions has reported growth in both earnings and order intake in the first quarter of 2021, with about 35 per cent of new contracts related to the energy transition. In Q1 2021, Aker Solutions saw an EBITDA of NOK 427 million (approximately EUR 42.5 million), with a margin of 6.6 per cent, an increase... Continue Reading →
(PetroNoticias) Petrobrás is to restart today a mega bidding process that aims to contract maintenance and repair services on several offshore platforms in the Campos Basin. The tender was be concluded at the end of last year, but the state-owned company had to make adjustments to the bidding documentation and the process was republished. In... Continue Reading →
(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 →
