Petróleo Brasileiro S.A. – Petrobras, regarding the news published in the media, clarifies that the signing of the tolling contract with Unigel complied with the company's governance system and all the relevant procedures, including the limit of competence laid down in the internal rules in force for the approval of service contracts. The value of... Continue Reading →
MME Sec. Barral says Brazil has goal of making viable three large scale Green Hydrogen projects by 2030
(PN) The National Secretary for Energy Transition and Planning of the Ministry of Mines and Energy, Thiago Barral, participated this week in a joint hearing of the Infrastructure Services Commission (CI) and the Senate Environment Commission. At the meeting, he discussed the initiatives of the National Hydrogen Program (PNH2). In his speech, Barral highlighted that... Continue Reading →
With FSRU on site, Brazilian LNG terminal put into operation
(Offshore-energy.biz) U.S. energy infrastructure player New Fortress Energy (NFE) has kicked off operations at its liquefied natural gas (LNG) import terminal in Santa Catarina, Brazil, following the arrival of a floating storage and regasification unit (FSRU). According to New Fortress Energy, the Terminal Gas Sul (TGS) LNG terminal in Santa Catarina has now become operational. This occurred after the... Continue Reading →
Brazil, Guyana, Suriname eye more cooperation in oil and gas
(Reuters) - Brazil, Guyana and Suriname have agreed to deepen discussions on cooperation in the oil and gas sector, according to a joint statement released by the countries on Thursday after a meeting between their presidents. Guyana President Irfaan Ali said he expects Brazil's state-run oil firm Petrobras (PETR4.SA), opens new tab to become more involved in... Continue Reading →
Tenaris signs contract with Petrobras to provide coating services in the Mero Field
(PN) Tenaris announced that it has signed a contract with Petrobras to provide coating services for the Mero 4 production system, in the Santos Basin pre-salt. Under the scope of the contract, Tenaris will apply 81 km of thermal insulation coating to risers and flow lines. “The qualification process will take place throughout 2024, with... Continue Reading →
Equinor financing Pre-salt rock research
(PN) Scientists from CEPETRO (Center for Energy and Petroleum Studies), the National Center for Research in Energy and Materials (CNPEM) and UFSC (Federal University of Santa Catarina) are united in a project that will scrutinize the Pre-Salt rocks. The objective is to improve rock characterization techniques and rock-fluid interaction to obtain more precision in the... Continue Reading →
PRIO on capital increase
PRIO S.A. (“PRIO” or “Company”) (B3: PRIO3), in compliance with CVM Resolution 44/2021, hereby informs its shareholders and the market in general that, at a meeting of the Company’s Board of Directors held on February 21,2024, an increase in the Company’s share capital in the amount of R$ 2,000,000,000.00, was approved, rising from R$ R$ 5.634.786.062,24... Continue Reading →
Petrobras on dividends
Petróleo Brasileiro S.A. – Petrobras, regarding the news published in the media, informs that there is no decision taken about the distribution of dividends not yet declared. Management's decisions on dividends, including the proposal for allocation of the result to be submitted for approval at the Annual General Meeting scheduled for April 25, 2024, will... Continue Reading →
Petrobras signs business evaluation agreement with Yara Brasil Fertilizantes S.A.
Petróleo Brasileiro S.A. – Petrobras informs that it has signed a Memorandum of Understanding (MoU) with Yara Brasil Fertilizantes S.A. (Yara) to study potential business partnerships for local initiatives in the fertilizer segment, production of industrial products and decarbonization of production. The MoU signed is of a non-binding nature and is aligned with the strategic... Continue Reading →
After a year of active tendering, Subsea7’s backlog hits year-end level last seen in 2013
(Offshore-energy.biz) After another year of active tendering, Subsea7 secured $7.4 billion of contract awards in 2023, taking its backlog to $10.6 billion, a year-end level last seen in 2013. In its full-year 2023 financial report, Subsea7 reported revenue of $6 billion, an increase of $838 million or 16% compared to the prior year, said to... Continue Reading →