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Petróleo Brasileiro S.A – Petrobras informs that it has received correspondence from minority shareholders of the Company requesting the convening of an Extraordinary General Meeting ("EGM") for the election of members of the Board of Directors ("BoD") and for the chairmanship of the BoD, under the argument that there would have been dismissal of a... Continue Reading →
(Offshore-energy.biz) Brazilian oil and gas player Enauta has resumed production from one of its floating, production, storage, and offloading (FPSO) vessels working on a field offshore Brazil, following maintenance. Enauta reported that production in the Atlanta field in Brazilian waters was restarted on May 25, 2024, following five-day maintenance on the FPSO Petrojarl I. The platform’s operational availability... Continue Reading →
Petróleo Brasileiro S.A – Petrobras informs that today it signed a contract for the assignment of its entire 30% (thirty percent) stake in Brentech Energia S.A. (Brentech) to Enegen Participações Ltda (Enegen), Petrobras' partner in Brentech and holder of a 70% (seventy percent) stake in the company. The transaction closed with the signing of the... Continue Reading →
(Reuters) - Brazil's Finance Minister Fernando Haddad said there is no reason to worry about state oil major Petrobras after a recent leadership change that caused the company's shares to plummet. In an interview with French newspaper Le Monde published on Wednesday, Haddad said the appointment last week of Magda Chambriard as the company's CEO... Continue Reading →
(OE) Norwegian seismic firm PGS has obtained all permits for the start of the large Petrobras’ 4D survey over the Barracuda Caratinga fields, offshore Brazil. The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has issued the final permit for the large 4D survey over the Barracuda Caratinga fields and the survey is about... Continue Reading →
(OE) Offshore services firm Subsea 7 has been awarded a ‘super major’ contract by Petrobras for the development of the Búzios 9 field offshore Brazil. The contract scope includes engineering, procurement, fabrication, installation, and pre-commissioning of 102 kilometres of rigid risers and flowlines for the steel lazy wave production system. The exact value of the... Continue Reading →
New Speakers Announced South America Offshore Wind 2024 is happy to announce a new group of esteemed Speakers! Don't miss meeting their teams, and Register Now. This second annual edition of this premier event will feature 400+ global leaders from 200+ different companies looking to contribute to the South American market. It will host 50+ industry... Continue Reading →
(Reuters) - Argentina's government, facing domestic gas shortages and targeted service cuts, said on Wednesday that it had unblocked the unloading of a key Petrobras gas shipment, which it added should stabilize local supply. Recent cold weather had already hit gas supplies in the South American country, but that worsened when the unloading of the gas shipment... Continue Reading →
(Offshore-energy.biz) UK-headquartered CRP Subsea, part of AIS, has found a new assignment off the coast of Brazil, which will enable it to deploy its modular buoyancy modules on a deepwater oil field development in the Santos Basin. This deal, which CRP Subsea describes as a “sizable” one from an undisclosed firm it deems to be a “major” engineering, procurement, construction,... Continue Reading →
(OE) Yinson Production has placed $1.035 billion senior secured notes to refinance the floating, production, storage and offloading (FPSO) vessel Anna Nery, working for Petrobras in the Marlim field, offshore Brazil. The successful pricing of $1.035 billion 144A/Reg S non-recourse, senior secured notes, was issued by Yinson Boronia Production, which owns and operates the FPSO... Continue Reading →
Brazil Energy Insight 