Mr. Gabrielli also announced that the company's subsidiary, Petrobras America had discovered offshore high quality natural gas reserves at its Garden 244 block in the Gulf of Mexico. Gas was ...

Siem Helix 1 and Siem Helix 2 are 3-year contracts with Petrobras, while the Q5000 contract with Shell is a minimum 2-year 175-day deal with options in the Gulf of Mexico. By the end of Q3 2024 ...

Prosafe SE reported EBITDA of USD 4.9 million (negative USD 2.7 million) for the fourth quarter of 2024. The company had four active vessels during the quarter. Operations and HSSE Good operating and ...

These contracts will support capital-efficient energy development across deep- and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico, and other locations.

Karoon’s balance sheet remains sound following the Who Dat acquisition. From a net cash position of USD 152 million or just over AUD 0.40 per share as of the end of September 2023, the balance sheet ...

Offshore oil and gas-related engineering, procurement and construction (EPC) contract awards in 2025 are expected to total $54 billion, up 1% year-on-year, underpinned by 53 greenfield and brownfield ...

Petrobras claims that the Sirius gas field in Colombia could ... As a major hurricane approaches, oil companies are evacuating their staff from the Gulf of Mexico. On Monday, U.S. producers of oil ...

Petrobras, the state-owned oil company in Brazil ... As a major hurricane approaches, oil companies are evacuating their staff from the Gulf of Mexico. On Monday, U.S. producers of oil scrambled to ...

BOEM has deemed both Hecate and Invenergy to be legally, technically, and financially qualified to hold an OCS renewable energy lease in the Gulf of Mexico. U.S. oil and gas producers are unlikely ...

North America remains a key market, driven by substantial investments in offshore oil and gas exploration in the Gulf of Mexico and the ... oil discoveries and Petrobras-led exploration initiatives.