Petróleo Brasileiro S.A. – Petrobras, as a partner in the BM-C-33 consortium, informs that the operator Equinor Energy do Brasil Ltda submitted to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), on September 20, 2023, the declarations of commerciality of the oil accumulations located in the BM-C-33 Concession area. Petrobras acquired a 30%... Continue Reading →
Petrobras on Braskem
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, reaffirms that it is carrying out due diligence on Braskem, for the possible exercise of tag along or preemptive rights, in the event of the sale of the shares held by Novonor S.A. (Novonor) in the company, in accordance with the... Continue Reading →
Enauta winds down its drilling campaign off Brazil
Brazilian oil and gas player Enauta has concluded the drilling and completion of the last well in the first phase of its drilling programme at a field offshore Brazil. Enauta kicked off the drilling of its first well, 7-ATL-5H-RJS, in this drilling campaign at the Atlanta field in November 2022. The estimated investment for the well was $75 million – including the... Continue Reading →
Brazil Likely to Explore Equatorial Margin for Oil, Finance Minister Says
Brazil will likely end up exploring the Equatorial Margin for oil but state-run Petrobras should adopt a "cautious" approach given the need for precautions to protect the environment, Finance Minister Fernando Haddad said on Sunday. The Equatorial Margin is some 2,200 kilometers (1,370 miles) of deepwater and ultra-deepwater assets along Brazil's northern and northeastern coast. "We may need oil from the Equatorial Margin on... Continue Reading →
Triple Petrobras contract win brings $260 million to DOF
Norway’s DOF Group has won three new service contracts with Brazilian state-owned oil and gas giant Petrobras that are worth more than $260 million. The contracts include survey and inspection work and will see at least three vessels used to perform flexible pipeline, risers and subsea equipment inspection in Campos Basin, Santos Basin, and Espírito Santos... Continue Reading →
ANP releases the Oil, Natural Gas and Biofuels Statistical Yearbook 2023 – English version
ANP published today (15/9) the English version of the tables and graphs of the Statistical Yearbook, with a summary of the main information on the evolution of the oil, natural gas and biofuels sector in Brazil in 2022. The data in Portuguese had already been released by the Agency in June. Total oil reserves increased... Continue Reading →
Petrobras informs about offshore wind protocol at IBAMA
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed to the market on 09/13/2023, informs that the request to start the environmental licensing process for ten areas in the Brazilian sea for the development of offshore wind energy projects aims to assess the technical-economic and environmental viability of areas with strong potential for... Continue Reading →
Petrobras signs agreement with TotalEnergies and Casa dos Ventos to evaluate renewable energy opportunities
Petróleo Brasileiro S.A. – Petrobras informs that on Thursday (September 14) it signed a non-binding memorandum of understanding with TotalEnergies and Casa dos Ventos to evaluate renewable energy projects in Brazil. The aim is to develop joint studies to study business opportunities in onshore wind, offshore wind, solar and low-carbon hydrogen in the country, using... Continue Reading →
Petrobras on RNEST
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news published in the media, informs that, as disclosed to the market on 06/29/2023, the company decided to continue with the implementation of Train 2 of the Abreu e Lima Refinery - RNEST, after a decision based on a careful reassessment of the RNEST Project which,... Continue Reading →
Radix signs contract with Petrobras to develop basic engineering for new FPSOs
(PN) The company announced the signing of an agreement to develop basic engineering projects for new Petrobras FPSOs. The contract will last 31 months, with services estimated at R$57 million. “We are very excited about this new major contract with Petrobrás, which is a global reference client in the oil and gas market, in which... Continue Reading →