DOF Group ASA has secured an exciting new offshore contract in Brazil, signaling a major leap forward in its regional footprint. This achievement highlights the company’s swiftly rising impact in the Brazilian offshore engineering sector
Browsing: oil and gas
Brazil’s Petrobras has hinted that extra dividends this year are unlikely, citing market uncertainties and urgent investment needs, Reuters reports. The state-controlled oil giant is prioritizing capital expenditure as energy prices continue to fluctuate unpredictably
TotalEnergies (TTE:NYSE) is shaking up the South American energy scene with a bold $500 million deal, selling its stakes in two Argentina oil and gas blocks to YPF. This strategic move is designed to sharpen its focus and streamline its portfolio for greater impact
TotalEnergies has taken a bold step in South America, selling its 45% stake in Argentina oil blocks to YPF for $500 million. This move marks a significant strategic shift in the company’s regional operations, TradingView reports
Australia’s Viva Energy shares plunged 11% after an unexpected slump in convenience store sales. This sharp decline has raised concerns about the company’s near-term profitability amid shifting consumer behaviors, Reuters reports
A US judge delivered a stinging rebuke of Argentina’s handling of the YPF stake transfer, triggering a delay in handing over the crucial 51% share of the energy giant. This ruling deepens the uncertainty engulfing the fierce battle over this vital state-controlled asset
Canada is boldly charging ahead to secure its spot as a global energy leader by boosting exports of oil, natural gas, and clean energy. Fueled by growing investments, the government is powering initiatives to meet soaring global demand and enhance energy security for years to come
Russia’s Rosneft CEO Igor Sechin revealed that China is quickly rising as a powerful new energy exporter, signaling a major shift in the global energy landscape, Reuters reported. This dynamic change could dramatically reshape markets both regionally and across the world
Eni and YPF have teamed up in a groundbreaking agreement to propel Argentina’s LNG project to new heights, paving the way for a significant surge in natural gas exports and stronger energy collaboration. This partnership marks an exciting strategic breakthrough that could reshape South America’s energy future
ExxonMobil France Holding has launched exclusive talks to broaden its footprint across Europe, marking a bold step to reinforce its position in the rapidly changing energy landscape. The specifics of the agreement are being kept under wraps
The head of Brazil’s state-controlled oil company, Petrobras, is stirring up controversy with a bold declaration: “drill, baby, drill!” This provocative statement regarding oil exploration in the Amazon has ignited fierce backlash from environmentalists and lawmakers alike. Critics are voicing their concerns that such rhetoric could jeopardize vital conservation efforts in one of the world’s most precious ecosystems.
Petrobras is on an exciting mission to draw in Chinese investments to Brazil’s naval sector, with the goal of supercharging local shipbuilding capabilities and strengthening economic connections. This initiative represents a bold step towards modernizing Brazil’s maritime industry and ramping up offshore production.
Mendoza province in Argentina is ramping up its oil and gas exploration initiatives, striving to invigorate local economies while navigating environmental challenges. With its abundant resources, this region has the potential to draw substantial investment, paving the way for a transformative era in Argentina’s energy sector.
Italy’s Eni has officially joined forces with Argentina’s YPF by signing a Memorandum of Understanding to embark on an exciting liquefied natural gas (LNG) project. This collaboration is set to boost energy production and elevate export capabilities in Argentina, showcasing the region’s rich resources and attracting increasing international attention.
has made a bold move by acquiring , significantly strengthening its foothold in the vibrant South American energy market. This strategic acquisition not only reflects Vista’s ambitious growth plans but also enriches its portfolio and operational prowess in the region, setting the stage for exciting new opportunities ahead
Brazil’s Petrobras is exploring new avenues in the energy sector, considering participation in an upcoming power auction focused on battery storage. This move could enhance the company’s portfolio and support Brazil’s growing renewable energy ambitions.
ExxonMobil has announced a significant investment aimed at enhancing Australia’s natural gas production. This move is part of the company’s strategy to expand its energy portfolio and meet growing global demand for cleaner fossil fuels.
Equinor is reportedly planning to sell its onshore assets in Argentina, according to local news sources. This move aligns with the company’s strategy to streamline operations and focus on core projects, reflecting a shift in its investment priorities in the region.