Karoon Brazilian FPSO restarts following extended maintenance

(OET) Australia’s oil and gas company Karoon Energy has restarted production from assets connected to a floating, production, storage, and offloading (FPSO) vessel offshore Brazil, following maintenance work. Karoon shut-in Baúna production, including from the Patola field, on 28 March due to a loss of containment incident associated with the high-pressure flare on the FPSO Cidade de Itajaí. After the FPSO operator,... Continue Reading →

May 17, 2023 0

SBM Offshore Picks M.A.R.S. for Sustainable Decommissioning of FPSO Capixaba

(OE) Modern American Recycling Services Europe, A/S (M.A.R.S.) has been awarded a contract by SBM Offshore for dismantling and green recycling of SBM Offshore’s FPSO Capixaba. The FPSO Capixaba is 362 m long, with a Light Displacement Tonnage of 54.656 Mt. The contract includes engineering, preparation, dismantling, and green recycling of the unit. The FPSO is moored... Continue Reading →

May 17, 2023 0

Petrobras on the result of an exploratory well in the ARAM block, Santos Basin

Petróleo Brasileiro S.A. – Petrobras informs that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block. Well 3-BRSA-1387D-SPS is located 260 km from the city of Santos-SP, at a water depth of 1,979 meters. The well is in progress and the oil-bearing interval was... Continue Reading →

May 17, 2023 0

3R Petroleum on temporary interruption at Papa Terra Cluster

3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3) in compliance with the provisions of CVM Resolution No. 44, informs its investors and the market in general that the production of Papa Terra Cluster has been temporarily interrupted by the Company, on the morning of May 15 due to restrictions on the offloading... Continue Reading →

May 16, 2023 0

TCU: Sale of Petrobras refineries has no irregularities

(epbr) The Federal Audit Court (TCU) informed that it found no evidence of irregularities in the sale by Petrobras of the Shale Industrialization Unit (SIX) and of the Northeast Lubricants and Derivatives Refinery (Lubnor). Monitoring also included divestments from the Phil Project – Phase 2, which include the Gabriel Passos Refinery (Regap) and the Isaac... Continue Reading →

May 16, 2023 0

Dutch and Brazilian Ports Form Green Hydrogen Partnership

(OW) The Ports of Rotterdam and Brazil’s Pecém have signed a collaboration agreement on energy projects such as offshore wind and green hydrogen production. The aim of this partnership is to strengthen bilateral cooperation and knowledge and promote public and private initiatives between the Netherlands and Brazil in port development, port logistics, hinterland connection, and... Continue Reading →

May 16, 2023 0

Petrobras on commercial strategy for diesel and gasoline

Petróleo Brasileiro S.A. – Petrobras informs that its Executive Board approved yesterday, May 15, 2023, the commercial strategy to define Petrobras' diesel and gasoline prices, replacing the pricing policy for gasoline and diesel commercialized by its refineries. The commercial strategy uses market references such as: (a) the customer's alternative cost, as the value to be... Continue Reading →

May 16, 2023 0

Petrobras on payment of dividends

Petróleo Brasileiro S.A. – Petrobras, following up on the press releases published on 03/01/2023 and 04/27/2023, informs that it will pay, on Friday, 05/19/2023, the first installment of the complementary dividends referred to the 2022 fiscal year, based on shareholding position as of 04/27/2023, in connection to the Material Fact released on that date. The... Continue Reading →

May 16, 2023 0

Petrobras on Braskem

Petróleo Brasileiro S.A. - Petrobras informs that it is not structuring any sale operation in the private market and that no decision has been made by the Executive Board or the Board of Directors in relation to the process of divestment or increase of interest in Braskem mentioned in the article. In this sense, the... Continue Reading →

May 15, 2023 0

SeaTwirl, Kontiki Winds to Explore Powering Oil & Gas Assets with Floating Wind

(OW) Sweden-headquartered SeaTwirl has signed a Memorandum of Understanding (MoU) with Kontiki Winds to identify and discuss the opportunities to electrify oil and gas assets and other offshore applications, with the use of SeaTwirl’s floating wind turbines. Under the MoU, the two companies will explore new opportunities in the market to implement offshore wind into... Continue Reading →

May 15, 2023 0