(Bloomberg) An oil tanker carrying Russian crude is now approaching the coastline of Brazil after 16 days of journey from a terminal in the Arctic sea. The Aframax-class tanker Stratos Aurora is now about 500 miles from the Latin American country’s waters, according to ship tracking data compiled by Bloomberg. It loaded about 650,000 barrels... Continue Reading →
Norwegian Offshore Firm DOF Completes Transfer of Skandi Neptune Vessel
(OE) Norwegian offshore vessel owner DOF has completed the sale of the Skandi Neptune construction support vessel. DOF had agreed to sell the 2001-built vessel to an unnamed "international buyer," in September 2021. It, at the time, said the 104.2 meter-long vessel, would be delivered to the new owner "after completing its current commitments." The vessel, at... Continue Reading →
ANP interdicts FPSO Cidade de Santos after verifying serious safety risks on the platform
(PN) The National Petroleum Agency (ANP) decided to interdict the FPSO Cidade de Santos, located in the Uruguá and Tambaú field, in the Santos Basin. The decision comes after agency inspectors found “critical deviations” in the vessel's facilities. The unit went into operation in July 2010 and is about to enter its decommissioning phase. In... Continue Reading →
Brazilian FPSO coming back on stream by next month
(OET) Brazilian oil and gas player Enauta is anticipating the return of production from a floating, production, storage, and offloading (FPSO) vessel, which is working on a field off Brazil, by October 2023. Previously, the production was expected to resume by early September 2023. Enauta started preventive maintenance at the FPSO Petrojarl I in May 2023 and the production... Continue Reading →
Petrobras predicts that by 2027, 11 new FPSOs will be installed in the pre-salt layer
(TN) The pre-salt completes 15 years of production in September with renewed vigor – and a perspective of expressive growth in the coming years. To get an idea, Petrobras plans to install 11 new platforms to produce in that layer by 2027. Since December 2022, the company has already put into production two new pre-salt... Continue Reading →
Petrobras makes its first purchase of carbon credits
Petróleo Brasileiro S.A. – Petrobras informs that it has acquired 175,000 carbon credits, marking its entry into the voluntary carbon credit market. Each credit represents 1 ton of CO2 equivalent avoided, totaling 175,000 tons of greenhouse gases (GHG) not emitted. These credits correspond to the preservation of an area of 570 hectares of the Amazon... Continue Reading →
Petrobras-Mubadala partnership may open door to refinery deal, say sources
(Reuters) - Brazilian state-run oil firm Petrobras (PETR4.SA) remains eager to repurchase a refinery from Abu Dhabi state investor Mubadala despite antitrust barriers, and a new biofuels partnership could open the door to future talks, two sources told Reuters. Petrobras on Monday announced a memorandum of understanding with Mubadala for potential investment in a biofuel refinery under development in... Continue Reading →
Petrobras signs agreement on biofuels
Petróleo Brasileiro S.A. – Petrobras informs that it has signed a memorandum of understanding with MIC Capital Partners (Brazil Strategic Opportunities), a Multi-strategy Equity Investment Fund of the Mubadala Capital Group, to develop studies covering future business in the downstream segment, with emphasis on evaluating Petrobras' participation in a biorefining project. The Mubadala Capital Group... Continue Reading →
Petrobras informs about asset divestments
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 03/01/2023, 03/17/2023, 03/29/2023 and 04/03/2023, informs that its Executive Board, based on the new strategic elements approved by the Board of Directors, has adopted the following decisions regarding the respective divestment processes that had not yet reached the stage of signature of the... Continue Reading →
Petrobras starts campaign to develop offshore wind in the Northeast and Southeast
(TN) Petrobras started installing LiDAR (Light Detection and Ranging) measurement devices on six platforms located in shallow waters off the coast of the states of Rio Grande do Norte, Ceará and Espírito Santo. The equipment integrates new wind measurement campaigns, which will be carried out over three years. The collected data will allow the elaboration... Continue Reading →