Helicopter operator CHC Group has begun operations from its new base at Bartolomeu Lisandro Airport, Campos dos Goytacazes, Brazil. The event was attended by executives from Shell, city hall, local press, and the president of the Industry Federation of the State of Rio de Janeiro (FIRJAN) for the Campos region, Fernando Aguiar. Read more
Karoon moves closer to FID for Brazilian assets as exploration phase phase ends
Australia’s Karoon Gas is moving closer to making a Final Investment Decision (FID) for its Echidna and Kangaroo oil discoveries located in the Santos Basin off Brazil, following the end of the exploration phase on five offshore blocks. Karoon said on Wednesday it has submitted the Final Discovery Evaluation Report (RFAD) for its wholly owned... Continue Reading →
Cancellation of ANP sanction on governmental participations in the Lula Field
Rio de Janeiro, April 3, 2018 – Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact of March 31, 2017, reports that Consortium BM-S-11, formed by Petrobras (65%), as operator, in partnership with Shell Brasil Petróleo Ltda. (25%) and Petrogal Brasil (10%), received on March 29, 2018, the decision of the National Agency of... Continue Reading →
Injunction issued on Parque das Baleias arbitration
Rio de Janeiro, April 3, 2018 - Petróleo Brasileiro S.A. – Petrobras, further to the press release disclosed on 7/6/2015 and 7/17/2015, reports that it has been granted a favorable precautionary decision in the arbitration proceedings established before the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in connection to Parque das Baleias, which... Continue Reading →
Petrobras – Divestment Opportunities in Onshore Fields: Start of the binding phase for Riacho da Forquilha and Miranga Clusters
Rio de Janeiro, April 03, 2018 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact disclosed on August 28, 2017 and press release disclosed on November 17, 2017, informs the beginning of the binding phase of the processes related to the full sale of its exploration, development and production rights in two sets... Continue Reading →
Petrobras – Sale of Baúna Field in Santos Basin: Opportunity Disclosure – Teaser
Rio de Janeiro, April 03, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (“Teaser”) regarding the transfer of Petrobras’ total stake in Baúna field (BM-S-40 Concession), located in Santos Basin, in shallow waters. Petrobras is an operator of the Baúna field, with 100% working interest. The average... Continue Reading →
Brazil’s finance chief joins ruling party, eyes presidential run
Brazilian Finance Minister Henrique Meirelles joined the ruling Brazilian Democratic Movement party (MDB) on Tuesday with an eye to running for president or becoming President Michel Temer’s running mate in the October election. Read more
Prumo confirms negotiation with IFC for loan to thermoelectric project at Açu Port
Prumo Logística released a note confirming news of Friday's Broadcast Column on negotiating with the World Bank's finance arm, the International Finance Corporation (IFC), to borrow up to U$ 355.6 million from a thermoelectric project. The company explains that the subsidiary Gás Natural Açu (GNA) is in talks with IFC and that this would be... Continue Reading →
Petrobras postpones logistics tender for Libra
Petrobras postponed the delivery of proposals for integrated logistic support services for Libra in the Santos pre-salt to May 14. In the coming days, the oil company will receive suppliers to discuss improvements in the process. Among the problems mentioned by entrepreneurs are the lack of volume assurance during the execution of the contract... Continue Reading →
TGS to undertake multibeam survey offshore Brazil
Norwegian geophysical player TGS will undertake a multibeam and seep project in the Campos and Santos Basins, offshore Brazil. TGS said on Tuesday that the Brazil Southern Basins SeaSeep project would cover the company’s existing surveys in these hydrocarbon-rich basins as well as the highly prospective pre-salt trend where many untested structures exist. Read more