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(PN) Siemens Energy will supply a topsides turbomachinery package for the P-78 platform. The contract was signed with Keppel Offshore & Marine. The FPSO, which is owned by Petrobras, will also be operated by the Brazilian state-owned company, in partnership with the Chinese CNOOC and CNODC in Campo de Buzios, in the Santos Basin, approximately... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on August 07, 2020, informs that the process of selling the totality of its interest in the Tartaruga Field, located in shallow waters of the Sergipe-Alagoas Basin, State of Sergipe, was not concluded. The process was in the binding phase. Thus, reinforcing its commitment... Continue Reading →
(Reuters) - Argentina's new deal with Bolivia to up natural gas imports will bring savings of $769 million in foreign-exchange reserves and replace 14 vessels of increasingly expensive liquefied natural gas (LNG), Energy Secretary Dario Martinez said on Friday. Argentine President Alberto Fernandez and his Bolivian counterpart Luis Arce on Thursday reached a deal for... Continue Reading →
(Reuters) - Holding company J&F Investimentos has prepared an offer to purchase a controlling stake in Brazilian petrochemical firm Braskem SA (BRKM5.SA), newspaper O Globo reported on Sunday. The newspaper, which did not say how it obtained its information, did not specify the stage of any potential negotiations, saying only that the offer "had been discussed,... Continue Reading →
President Joe Biden’s decision to ban Russian energy imports to the U.S. is boosting the outlook for South America’s newest oil-producing nation Guyana as well as neighboring Suriname. The deeply impoverished microstates share the offshore Guyana-Suriname Basin where global energy supermajor ExxonMobil with its partners has made a slew of quality petroleum discoveries in offshore Guyana’s Stabroek... Continue Reading →
(Reuters) - Rafael Grisolia, a former CFO at Brazilian state-run oil company Petrobras and former CEO of fuel distributor Vibra Energia (VBBR3.SA), has been appointed the chief financial officer of Brazil's Seacrest Petroleo, the company said in a statement on Thursday. Seacrest Petroleo, the Brazilian unit of global oil and gas-focused private equity firm Seacrest Capital,... Continue Reading →
(OGJ) Soaring oil, gas and power prices—combined with the European Union (EU) reducing its reliance on Russian supplies and post-COVID-19 pandemic inflation—will push global energy spending to $2.1 trillion this year, according Rystad Energy research. Upstream oil and gas spending is expected to rise 16%, or $142 billion, from last year, as oil and gas... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for March 2022 in the assets that the Company holds participation. (1) Refers to 3R's stake in all Polo Macau concessions. On December 21, 2021,... Continue Reading →
(Offshore Energy)A study commissioned by Crown Estate Scotland has revealed that connecting offshore wind installations directly to oil and gas platforms could help decarbonisation, support economic activity, and encourage new companies to enter the offshore renewable energy sector. The report, carried out by independent consultancy company Natural Power on behalf of Crown Estate Scotland, follows... Continue Reading →
(PetroleoHoje) At the end of April, Petrobras will start a drilling campaign in Colombia. The activity will be carried out in the Tayrona area, located in the deep waters of the Guajira Basin. The activity will be carried out by Transocean's Development Driller III rig, which began to be towed to the location last week.... Continue Reading →
Brazil Energy Insight 