Investors on Friday welcomed the appointment of Santander executive Roberto Campos to head Brazil’s central bank as a sign President-elect Jair Bolsonaro will entrust economic and monetary policy to a market-friendly team of economists. Analysts said Bolsonaro, a former army captain and lawmaker who has admitted having scant […]
There are 42 exploratory blocks in the 16th round and another five in the 6th pre-salt auction November 16th, 2018 The Jair Bolsonaro government can bring to market the offer of 47 offshore exploration blocks in its first year. There are 42 blocks indicated by the National Petroleum […]
November 16, 2018 2019 will bring the revitalization plan for the Marlim and Voador fields, Petrobrás projects involving the retirement of nine FPSOs and the installation of two new units. But deadlines are short to maintain the schedule of the new platforms in 2021, as predicted in the […]
World’s largest FPSO provider SBM Offshore has confirmed it has ordered an FPSO Hull from China’s SWS shipyard on the back of an uptick in the FPSO industry and the increased client interest. The hull is the second FPSO Hull ordered under SBM Offshore’s Fast4Ward program developed […]
Houston-based offshore support vessel owner Tidewater has completed its business combination with its compatriot GulfMark Offshore, creating an OSV player with the world’s largest fleet. Following the completion, Tidewater has appointed a new CFO. The two companies announced their decision to combine and create a new player with the world’s […]
World’s largest FPSO supplier SBM Offshore will shut down its Brasa yard in Brazil where it integrates FPSO units’ hulls and modules, taking a $20 million impairment. Apart from this, SBM also took a $25 million impairment on its Floating Production Unit business. The Dutch company said that […]
Brazilian oil company Petroleo Brasileiro SA could receive some 30 billion reais ($7.9 billion) from the government in a renegotiation of the “transfer of rights” oil contract, a person following the process told Reuters on Wednesday. The money to pay state-controlled Petrobras, as the company is known, would […]
Rio de Janeiro, November 14, 2018 – Petróleo Brasileiro S.A. – Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, reports that it was notified by BlackRock, Inc. (“BlackRock”) that the latter has acquired preferred shares issued by the company and as of […]
Rio de Janeiro, November 14, 2018 – Petróleo Brasileiro S.A – Petrobras informs that yesterday it received the payment of the diesel economic subvention, in the total amount of R $ 1.051 billion, related to the 1st period of the 3rd phase of the program (from 08/01/2018 to […]
11/13/18 Announcement issued by Petrobras foresees acquisition of approximately 60 km of lines for the field of Mero, in Libra Petrobras has launched a tender to contract steel umbilicals (STUs) for the Mero field in the Libra area of the Santos Basin pre-salt. The announcement provides for the […]
