Tag Archive

U.S Supreme Court Denies Petition by Lawyer Behind Fraudulent Chevron Ecuador Lawsuit

U.S Supreme Court Denies Petition by Lawyer Behind Fraudulent Chevron Ecuador Lawsuit

June 20, 2017 No Comments

The United States Supreme Court has denied a certiorari petition seeking review of a decision by the U.S. Court of Appeals for the Second Circuit affirming extensive district court findings that a $9.5 billion Ecuadorian judgment against Chevron Corporation was the product of fraud and racketeering activity, and unenforceable in the United States. In 2014, […]

DEA opens office in Brazil

DEA opens office in Brazil

June 19, 2017 No Comments

DEA Deutsche Erdoel AG is stepping up its presence in South America. The German E&P Company opened an office in Rio de Janeiro and appointed a new General Manager for Brazil. Christoph Schlichter is responsible for evaluating market opportunities in the Brazilian upstream industry. DEA had already founded the subsidiary DEA Petróleo e Gás do […]

Production begins at newest FPSO in Brazil Santos Basin

Production begins at newest FPSO in Brazil Santos Basin

May 29, 2017 No Comments

Shell plc, through its subsidiary BG E&P Brasil Ltda. (Shell) and consortium partners in Lula South, announced that deep-water production has started at the FPSO P-66, which is located in the Brazilian pre-salt of the Santos Basin. Positioned in 2,150-metre water depth, the P-66 can process up to 150,000-barrels of oil and 6-million cubic meters […]

Shell begins Deep water production  at newest FPSO in Brazil Santos Basin

Shell begins Deep water production at newest FPSO in Brazil Santos Basin

May 26, 2017 No Comments

Royal Dutch Shell plc, through its subsidiary BG E&P Brasil Ltda. (Shell) and consortium partners in Lula South, announced that deep-water production has started at the FPSO P-66, which is located in the Brazilian pre-salt of the Santos Basin. Positioned in 2,150-metre water depth, the P-66 can process up to 150,000-barrels of oil and 6-million […]

Repsol holds its 2017 Annual General Meeting

Repsol holds its 2017 Annual General Meeting

May 22, 2017 No Comments

Repsol held its 2017 Annual General Meeting in Madrid, at which Chairman Antonio Brufau and CEO Josu Jon Imaz presented results and milestones from 2016 and the first months of 2017. In his presentation, Repsol Chairman Antonio Brufau highlighted the importance of combating climate change and working towards a more sustainable energy model, an effort […]

Heerema Lands Peregrino II Jacket contract

Heerema Lands Peregrino II Jacket contract

May 17, 2017 No Comments

Heerema Fabrication Group has been awarded the Procurement & Construction contract of the Peregrino II Jacket by South Atlantic Holding B.V. on behalf of the Statoil Peregrino II project. Koos-Jan van Brouwershaven, CEO of Heerema Fabrication Group, states: “We are delighted that we have been able to secure this contract. With the Valemon jacket, the […]

Repsol Announce  Interim Consolidated Financial Statements for the Q1 2017

Repsol Announce Interim Consolidated Financial Statements for the Q1 2017

May 4, 2017 No Comments

Repsol today published the Interim Condensed Consolidated Financial Statements for the Q1 2017 Adjusted net income in the first quarter was €630 million, 10% higher year-on-year. Net income amounted to €689 million, 59% higher year-on-year.  Quarterly results for the business units are summarized as follows: o In Upstream, adjusted net income was €224 million, […]

TechnipFMC and DOF Subsea announce the delivery of Skandi Búzios

TechnipFMC and DOF Subsea announce the delivery of Skandi Búzios

April 19, 2017 No Comments

TechnipFMC (NYSE and Euronext: FTI) and DOF Subsea (DOF) announce that the Skandi Búzios, a pipelay support vessel (PLSV) owned by the joint venture formed between TechnipFMC (50%) and DOF (50%), commenced its 8-year charter contract with Petróleo Brasileiro S.A. (Petrobras), as scheduled on April 13th, 2017. Skandi Búzios is the sistership of the Skandi […]

GPTech and Ecom Energia announce partnership in Brazil

April 18, 2017 No Comments

GPTech, a Spanish leading company in energy and control management, which produces technology solutions for the development of sustainable energy, and Ecom Energia, Brazil’s largest distributor of electric energy, announce a partnership focused on launching distributed electrical generation solutions for the Brazilian market. According to Paulo Toledo, Managing Partner of Ecom Energia, “this partnership is […]

Tags: , , , , Renewables
Sale process of transfer of rights for Baúna and Tartaruga Verde

Sale process of transfer of rights for Baúna and Tartaruga Verde

April 3, 2017 No Comments

Petrobras, in continuation to the material facts of 10/6/2016, 12/20/2016, and 3/15/2017 and to the press release of 11/21/2016, clarifies that it has notified the Federal Supreme Court of the impossibility to proceed with the divestment process for the transfer of rights relating to the fields of Baúna and Tartaruga Verde. Furthermore the company submitted […]

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