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Petrobras informs that today it signed a Protocol of Intent with Companhia Siderúrgica Nacional S.A. (CSN) and CSN Inova Soluções S.A., a group company dedicated to innovation projects. This agreement represents a first step towards structuring a business partnership aimed at setting up a low-carbon hydrogen plant on a commercial scale in Paraná. Low-carbon hydrogen... Continue Reading →
Petrobras informs that it has begun operation of the atmospheric emissions reduction unit (SNOX) at the Abreu e Lima refinery (RNEST), located in the city of Ipojuca, in the Brazilian state of Pernambuco. The emissions reduction will allow the refinery to increase its current processing by 27,000 barrels per day (bpd), in compliance with theemissions... Continue Reading →
(offshore-energy.biz) U.S.-headquartered offshore energy services provider Helix Energy Solutions has confirmed the arrival of its purpose-built DP3 semi-submersible vessel to Namibia’s Port of Walvis Bay to prepare for its decommissioning assignment off the coast of Brazil. The U.S. player won a 12-month deepwater well decommissioning contract with extension options for work in Brazil’s Campos Basin in October... Continue Reading →
(PN) OceanPact announced a new R$697 million contract with Petrobras, for a period of four years, for the charter of the Ilha do Mosqueiro vessel, an OTSV (Offshore Terminal Support Vessel). The vessel will be used for the maintenance of offloading hoses on platform ships (FPSO) and oil tankers (FSO), with high-capacity winches and cranes,... Continue Reading →
Petrobras recently started drilling two new wells in the region, in the North of Brava and Aram blocks, which are located in the Campos and Santos basins, respectively. In Aram, the adjacent pioneer exploratory well 4-BRSA-1395-SPS is in a water depth of 1,757 meters, with drilling being carried out by the Valaris DS-4 rig. The... Continue Reading →
Jesper Skjong, Contributor (OE) After what we would argue has been an incredibly eventful 2024 with massive deals, tremendous dayrate developments, further charterer backlog build, and the first series of newbuild orders in years, now comes the time when we turn our gaze towards 2025. What are some of the main trends we expect for next... Continue Reading →
BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that it has signed, on this date, an agreement with PETRORECONCAVO S.A. (“PetroReconcavo”) (“Agreement”), with the objective of defining the contractual principles for a partnership involving the sale of 50% of the... Continue Reading →
(offshore-energy.biz) Ventura Offshore Midco, a subsidiary of the Brazilian deepwater offshore drilling contractor Ventura Offshore, has secured a long-term drillship contract with Petrobras, a compatriot state-owned energy giant, for operations at two oil field developments off the coast of Brazil. Just like Seadrill, which won a drilling deal for 1,095 days plus extension options after a competitive tender,... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”) has delivered notices to the holders of the outstanding 6.250% Global Notes due 2026 (the “Notes”) announcing the redemption price for the Notes. As previously announced, the redemption date for the Notes will be December 23, 2024 (the “Redemption Date”).... Continue Reading →
(OE) Petrobras has signed a 175-day addendum to Fugro’s current inspection, repair and maintenance services contract, performed by the Fugro Aquarius, to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil. Work will begin in January 2025, leveraging Fugro’s advanced Blue Essence uncrewed surface vessel (USV) and Blue Volta electric remotely operated vehicle... Continue Reading →
Brazil Energy Insight 