03/19/2019 The oil company QGEP, of construction company Queiroz Galvão, is due to change its name to Enauta, according to a proposal approved by the company's board of directors, which will be submitted to deliberations at meetings in April, a company statement said Monday. "The company has decided to reshape its brand in order to... Continue Reading →
Equinor programs hiring for Carcará
Equinor will launch in June tenders for the Engineering (Feed) for the FPSO, subsea and Surf of the Carcará development project in the Santos Basin cluster. The oil company's goal is to close all three processes in 2019, possibly in December. The Norwegian company will not specify any technical alternatives, leaving the companies free to... Continue Reading →
Changes in Petrobras and BR Distribuidora Administration
Petrobras informs that its CEO Roberto Castello Branco appointed Ms. Andrea Marques de Almeida as Chief Financial and Investor Relations Officer of the company and Mr. Rafael Salvador Grisolia as CEO of Petrobras Distribuidora (BR). The nomination of the new Officer shall be subject to the internal corporate governance procedures, including the compliance and integrity... Continue Reading →
Petrobras prepays debts
Rio de Janeiro, March 18, 2019 – Petróleo Brasileiro S.A. – Petrobras informs that on 03/15/2019 it prepaid Export Credit Notes with Banco do Brasil, in the amount of R$ 7.0 billion, with maturity in 2022. The transaction is in line with Petrobras' Resilience Plan and the company's liability management strategy to improve the amortization... Continue Reading →
Petrobras / Approval of the Production Individualization Agreement of Lula’s Joint Reservoir – Santos Basin
Rio de Janeiro, March 18, 2019 - Petróleo Brasileiro S.A. - Petrobras reports that it has been notified by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) on the approval of its proposal for a Production Individualization Agreement (AIP) of Lula's joint reservoir located in the Santos Basin. Lula's Joint Reservoir comprises of... Continue Reading →
Petrobras receives license from Ibama to produce with P-77 FPSO
Petrobras receives license from Ibama to produce with P-77 FPSO March 15, 2019 Petrobras has been granted by Ibama an operating license for production on FPSO P-77, which is installed in the Búzios field, in the Santos Basin pre-salt. The license is valid until March 2023. The company intends to put the unit into operation... Continue Reading →
Equinor signs contract with Açu Petroleo
3/18/1919 Açu Petroleo and Equinor signed a contract to carry out ship to ship operations at the company's Petroleum Terminal (T-OIL) at the Porto Açu Complex, in São João da Barra (RJ). For three years, starting in January 2020, the agreement provides for the relief of production of the Norwegian oil company in the Roncador... Continue Reading →
Tullow’s Orinduik block in Guyana given resource estimate boost
Tullow’s Orinduik Block offshore Guyana has been given a boost to 3,981 mmboe Gross Prospective Resources (P50), following an independent competent person’s report by Gustavson Associates. Eco Atlantic Oil & Gas, a partner in the block, said on Monday that the P50 reserves in the Orinduik Block were boosted by the CPR from 2,913 mmboe... Continue Reading →
Petrobras wants to close 1st quarter with divestment of US $ 10 billion
March 15, 2019 RIO - Petrobras president Roberto Castello Branco said on Friday that his mandate was to transform the state company as close as possible to a private company, given the impossibility of privatizing the company. "I believe that in the first four months of the year we will have announced divestitures of $... Continue Reading →
QGEP drills third Atlanta well
15/03/19 Queiroz Galvão Exploration & Production (QGEP) is already drilling the third well of Atlanta's anticipated production system in the Santos Basin. Performed by the Constellation's Laguna Star drillship (QGOG), the campaign began at the end of February and will last for up to three months. The projection is that the system-producing well, named 7-ATL-4HB-RJS,... Continue Reading →
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