Petrobras Global Finance B.V has announced two global notes offerings to the public to raise gross proceeds of $2bn each.

The first offering is for 6.125% notes due 17 January 2022 with interest payable semi-annually on 17 January and 17 July each year starting from July this year.

The second offering is for 7.375% notes due 17 January 2027.

Proceeds are intended to be used to repurchase notes validly tendered and for general corporate purposes.

Underwriters for the offering include Banco Bradesco BBI S.A, Citigroup Global Markets Inc, HSBC Securities (USA), Inc, Itau Bba Usa Securities, Inc, and Morgan Stanley & CO LLC.

Veolia, in partnership with Peterson, has received contracts to decommission and recycle offshore oil platforms.

"An estimated 96% of materials procured from the platforms will be recycled in four years."

Platforms will be transported to an area 40 miles (64.37km) off the coast of Great Yarmouth after the end of their operational life.

An estimated 96% of materials procured from the platforms will be recycled in four years.

Both companies involved in the transaction are based in the UK.

Singapore-based SapuraKencana Petroleum has announced that it has received five engineering, construction and installation services contracts through its subsidiaries and divisions.

The five contracts include a two-year contract received by SapuraKencana Subsea Services from Petronas Carigal, a one-year soil investigation services contract received by SapuraKencana GeoSciences, two contracts awarded to SapuraKencana TL Offshore, and a drilling rig supply contract received by SapuraKencana Drilling.

The combined value of the five contracts is estimated to be $300m.