Petrobras reports on monthly oil & gas output

For the month of March, Brazil’s Petrobras combined oil and natural gas output in March for both in Brazil and abroad reached an average 2,599,969 barrels of oil equivalent per day (boed).

Teekay Offshore moves ahead on Sevan Piranema acquisition

Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (NYSE: TOO), reports that Teekay Corporation and Teekay Offshore intend for Teekay Offshore to acquire the Sevan Piranema  floating production,

Teekay firms up deal with Sevan

Teekay Corporation (NYSE: TK)  has now entered into an agreement with Sevan Marine ASA and holders of more than two-thirds of each of Sevan’s bond loans, that will see it go ahead