Petrobras

Vallourec signs a major contract for the supply of tubes and services to Petrobras 

Retrieved on: 
목요일, 6월 6, 2024

These products will be used in various offshore development wells, mainly off the Brazilian coastline in the Campos pre-salt basin.

Key Points: 
  • These products will be used in various offshore development wells, mainly off the Brazilian coastline in the Campos pre-salt basin.
  • This contract is in addition to the 3-year long-term agreement with Petrobras for the supply of OCTG tubes announced in January 2023.
  • For Philippe Guillemot, Chief Executive Officer of Vallourec, “We are delighted to have won this new contract, which includes local content and the supply of high-technology solutions.
  • Vallourec thus confirms its determination to strengthen its position as Petrobras' main OCTG supplier and trustworthy partner”.

Oceaneering Announces Manufactured Products Contracts with Petrobras

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월요일, 6월 10, 2024

Oceaneering International, Inc. (NYSE:OII) announced that its Manufactured Products segment has secured two significant contracts with Petroleo Brasileiro S.A. (“Petrobras”) through a competitive bidding process.

Key Points: 
  • Oceaneering International, Inc. (NYSE:OII) announced that its Manufactured Products segment has secured two significant contracts with Petroleo Brasileiro S.A. (“Petrobras”) through a competitive bidding process.
  • Manufacturing of the products is scheduled to take place at Oceaneering’s Niteroi, Brazil facility with the final delivery expected in the fourth quarter of 2027.
  • The forward-looking statements in this press release include the statements concerning Oceaneering's: anticipated aggregate revenue from Manufactured Products contracts; work scope, production location, and delivery of contracted products; and expected start and completion dates.
  • Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries.

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended March 31, 2024

Retrieved on: 
수요일, 5월 22, 2024

For the three months ended March 31, 2024 (“Q1 2024”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”):

Key Points: 
  • For the three months ended March 31, 2024 (“Q1 2024”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”):
    Generated total revenues of $76.6 million, operating income of $19.7 million and net income of $7.4 million.
  • On January 9, 2024, an extension to the existing bareboat charter party for the Dan Sabia was signed with Transpetro, extending the vessel’s fixed employment to early June 2024.
  • On March 16, 2024 the Vigdis Knutsen was delivered to Shell to commence on a three-year time charter.
  • The Partnership’s total interest-bearing obligations outstanding as of March 31, 2024 were $925.3 million ($919.6 million net of debt issuance costs).

Karpowership and Petrobras forge strategic alliance to enhance integrated natural gas projects in the Americas

Retrieved on: 
화요일, 5월 7, 2024

ISTANBUL, May 7, 2024 /PRNewswire/ -- Karpowership and Petrobras have signed a Memorandum of Intent (MoI) to combine their respective expertise in the natural gas and power sectors.

Key Points: 
  • ISTANBUL, May 7, 2024 /PRNewswire/ -- Karpowership and Petrobras have signed a Memorandum of Intent (MoI) to combine their respective expertise in the natural gas and power sectors.
  • This includes liquefaction for both floating and onshore natural gas, storage of natural gas and LNG, as well as regasification programs, to guarantee supply and meet the demand of the energy industry across the Americas.
  • This is in addition to two solar energy generation projects in the State of Rio de Janeiro.
  • The company also expects to make new investments in the coming years in renewable projects as well as green technology initiatives.

Karpowership and Petrobras forge strategic alliance to enhance integrated natural gas projects in the Americas

Retrieved on: 
화요일, 5월 7, 2024

ISTANBUL, May 7, 2024 /PRNewswire/ -- Karpowership and Petrobras have signed a Memorandum of Intent (MoI) to combine their respective expertise in the natural gas and power sectors.

Key Points: 
  • ISTANBUL, May 7, 2024 /PRNewswire/ -- Karpowership and Petrobras have signed a Memorandum of Intent (MoI) to combine their respective expertise in the natural gas and power sectors.
  • This includes liquefaction for both floating and onshore natural gas, storage of natural gas and LNG, as well as regasification programs, to guarantee supply and meet the demand of the energy industry across the Americas.
  • This is in addition to two solar energy generation projects in the State of Rio de Janeiro.
  • The company also expects to make new investments in the coming years in renewable projects as well as green technology initiatives.

TechnipFMC Announces First Quarter 2024 Results

Retrieved on: 
목요일, 4월 25, 2024

3 Backlog as of March 31, 2024 does not include total Company non-consolidated backlog of $239 million.

Key Points: 
  • 3 Backlog as of March 31, 2024 does not include total Company non-consolidated backlog of $239 million.
  • Subsea reported first quarter revenue of $1,734.8 million, an increase of 0.8 percent from the fourth quarter.
  • Subsea reported an operating profit of $156.6 million, an increase of 7.5 percent from the fourth quarter.
  • Subsea reported adjusted EBITDA of $242.4 million, an increase of 7.5 percent when compared to the fourth quarter.

Global Gas Shale, Oil Sands, and Oil Shale Industry Report 2023 - ResearchAndMarkets.com

Retrieved on: 
목요일, 3월 7, 2024

The "Global Market for Gas Shale, Oil Sands, and Oil Shale - Forecast and Analysis 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Market for Gas Shale, Oil Sands, and Oil Shale - Forecast and Analysis 2023" report has been added to ResearchAndMarkets.com's offering.
  • The author introduces a comprehensive analysis of these unconventional fuel sources in its report titled Global Market for Gas Shales, Oil Sands, and Oil Shales - Forecast and Analysis 2023.
  • This comprehensive report encompasses a thorough exploration of the global gas shales, oil sands, and oil shales market.
  • The report delves into gas shales, oil sands, and oil shales across three key sections:
    Provides an in-depth introduction to gas shales, covering technical insights into shale gas extraction processes, economic factors, natural gas origins in shale, and fluid management techniques.

Seadrill Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
수요일, 2월 28, 2024

For the fourth quarter 2023, Seadrill recognized $408 million in total operating revenues.

Key Points: 
  • For the fourth quarter 2023, Seadrill recognized $408 million in total operating revenues.
  • Net cash provided by operating activities was $140 million for the fourth quarter, a $28 million, or 25%, sequential improvement compared to the third quarter.
  • During the fourth quarter, Seadrill completed its initial $250 million buyback program, which started on September 12, 2023, and commenced an incremental $250 million program, on December 14, 2023.
  • The Company expects the contracts to commence in the fourth quarter of 2024, after which Seadrill will be operating six drillships offshore Brazil.

Knot Offshore Partners LP Earnings Release—interim Results for the Period Ended December 31, 2023

Retrieved on: 
월요일, 2월 26, 2024

The Partnership does not apply hedge accounting for derivative instruments, and its financial results are impacted by changes in the market value of such financial instruments.

Key Points: 
  • The Partnership does not apply hedge accounting for derivative instruments, and its financial results are impacted by changes in the market value of such financial instruments.
  • On January 9, 2024, the loan facility secured by the Dan Sabia was repaid in full with a $10.4 million payment.
  • In May 2024, the loan facility secured by the Hilda Knutsen is due for repayment, for which the balloon repayment is $57 million.
  • Management believe that such facility will be refinanced on acceptable and similar terms prior to maturity.

Automation Anywhere's Generative AI-Powered Automation Saves Petrobras $120 Million in Just Three Weeks

Retrieved on: 
목요일, 3월 7, 2024

SAN JOSE, Calif., March 7, 2024 /PRNewswire/ -- Automation Anywhere, the leader in intelligent automation solutions that put artificial intelligence (AI) to work across every aspect of an organization, announced that Petrobras realized $120 million in savings within three weeks, by using Automation Anywhere's Automation Co-Pilot for Business Users to efficiently prepare and process its complex tax filings.

Key Points: 
  • Petrobras fed hundreds of pages of complex Brazilian tax code into a new generative AI model powered by Automation Anywhere, along with months of the company's tax data.
  • "We're thrilled with our early results with Gen AI-powered automation to save us tens of millions of dollars in just a few short weeks," said Carlos Barreto, CIO at Petrobras.
  • "Petrobras is an incredible success story of using automation and AI to rethink their business at every level," said Adi Kuruganti, CPO at Automation Anywhere.
  • "Many companies are just beginning to see how fast massive savings can be realized with generative AI-powered automation.