Core Insights - Petrobras has awarded a contract to Exail for the installation of 30 Quadrans Attitude and Heading Reference Systems (AHRS) on its Floating Production, Storage and Offloading (FPSO) units, enhancing safety and operational efficiency in offshore production [1][9] - The Quadrans AHRS provides high accuracy with a heading accuracy of 0.23° seclat RMS, crucial for real-time decision-making and stability monitoring during complex offshore operations [3][9] - The collaboration with Exail and Mitang reflects Petrobras' commitment to leveraging advanced technology to maintain Brazil's leadership in offshore energy production [5] Technology and Operational Efficiency - The Quadrans units are designed to be robust and maintenance-free, ensuring consistent performance in demanding marine environments and minimizing downtime during power cycles or disruptions [2] - Local technical support from Exail in Brazil ensures seamless integration of the AHRS system, aligning with Petrobras' high operational standards [4][9] Strategic Importance - This initiative is part of Petrobras' broader strategy to enhance offshore capabilities and drive innovation while maintaining high safety and efficiency standards [5] - The deployment of precision navigation tools like Quadrans AHRS is expected to play a vital role in the success of Petrobras' expanding operations in challenging marine environments [5]

Exercise of employee share options BW Offshore has completed an exercise window under its Long-Term Incentive Program (LTIP), during which a total of 400,852 vested options were exercised. The company's obligation under the program was settled using existing treasury shares. A third-party conducted sale process has now concluded, with the shares sold at a price of NOK 32.73 each. No primary insiders of the Company have exercised any options in this exercise window. BW Offshore holds 3,740,585 treasury share ...

Company Overview - BW Offshore is engaged in engineering innovative floating production solutions and operates a fleet of Floating Production Storage and Offloading (FPSO) units with ambitions for growth [3] - The company has approximately 1,100 employees and is publicly listed on the Oslo stock exchange [3] Upcoming Financial Results - BW Offshore will release its Q1 2025 results on June 2 at 07:30 CEST [1] - A conference call will be hosted by CEO Marco Beenen and CFO Ståle Andreassen on the same day at 09:00 CEST, which will include a Q&A session [1] Conference Call Details - The presentation can be followed via a webcast with supporting slides and a Q&A module, available on the company's website [2] - There will be a 30-second delay for those following the webcast compared to the main conference call, and it is recommended to use an updated browser, preferably Chrome [2]

VAALCO Energy (EGY) , a U.S.-based independent exploration and production firm, has outlined its plans related to oil and gas development at Côte d’Ivoire and Gabon in Africa. During its first-quarter 2025 earnings release, the company mentioned multiple plans for oil and gas developments, including drilling activities at Block CI-40 in Côte d’Ivoire and an extensive drilling campaign in Gabon.EGY’s plans in Côte d’Ivoire involve the refurbishment of the floating production storage and offloading vessel (FP ...

Company Overview - BW Offshore Limited is an engineering company that specializes in innovative floating production solutions, with a fleet of 2 Floating Production Storage and Offloading (FPSO) units and ambitions for growth [1] - The company has approximately 1,100 employees and is publicly listed on the Oslo Stock Exchange [1] Annual General Meeting (AGM) Details - The 2025 Annual General Meeting of BW Offshore Limited is scheduled for 28 May 2025 at 2:00 p.m. Bermuda time, to be held at 18 Rebecca Road, Southampton, SN04, Bermuda [1] - Attached documents related to the AGM include the Notice of the 2025 AGM, Form of Proxy, Chairman's Letter, and Recommendation from the Nomination Committee [4][5] Contact Information - For further inquiries, Ståle Andreassen, CFO, can be contacted at +47 91 71 86 55 or via email at IR@bwoffshore.com [1]