Brought to you by Quest Offshore & Southern Cone Consultants
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 03/31/2023 and 03/14/2023, informs that it obtained, yesterday, on 04/12/2023, authorization from the Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP) to resume production from the facilities of the Fazenda Bálsamo field, continuing the clearance works at the Bahia Terra Cluster (Cluster).... Continue Reading →
(U) Australian independent Karoon Energy expects that production from its Bauna oilfield and the recently on stream Patola field offshore Brazil will remain suspended into May. Karoon and the fields’ floating production, storage and offloading vessel operator Altera & Ocyan are undertaking both essential and proactive work with the focus on the ongoing detailed inspection... Continue Reading →
With the addition of 115 new global offshore wind projects over the Last Twelve Months (LTM), Quest Floating Wind Energy (Q FWE) are actively tracking 752 projects (with statuses Under development, Pre-development, Planned and Possible) representing $2.2 trillion in CapEx, a $1.06 trillion year over year (YoY) gain. The Quest Offshore Wind Turbine Index (QOWTI),... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 02/23/2022, informs that the fulfillment of all precedent conditions has been concluded, regarding the transfer of its total interest (100%) in a set of 4 onshore production field concessions, with integrated facilities, located in the State of Espírito Santo - ES, jointly called... Continue Reading →
The Brazilian Institute of the Environment (IBAMA) authorized Petrobras to start operating the FPSO Almirante Barroso – which is already moored in the Búzios field, in the Santos Basin. The license will be valid for eight years. The platform vessel was named in honor of the commander who led the victorious Brazilian naval force in... Continue Reading →
Finland-headquartered technology group Wärtsilä has been picked to operate power modules onboard a floating production, storage and offloading (FPSO) vessel, working offshore Brazil. In addition, the Finnish player inked a long-term optimised maintenance agreement with 3R Petroleum, a Brazilian offshore operator. Wärtsilä revealed on Wednesday, 12 April 2023, that it would operate – on behalf of the... Continue Reading →
(OE) GE Power Conversion said Tuesday it had recently secured a contract with Singapore-based Keppel Shipyard to supply and deliver two electrical modules for the Petrobras P-80 and P-83 FPSOs. "The integrated electrical module to be provided by GE Power Conversion is considered the “heart” of the platform as it provides all the distributed energy... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras announces that its Executive Board, in a meeting held today, approved an organizational adjustment proposal to be submitted to the Board of Directors as part of a continuous improvement process. The proposal has three objectives: (i) prepare the company for the energy transition with the creation of an Executive Office... Continue Reading →
A new record for the successful history of the Brazilian pre-salt. The National Petroleum Agency (ANP) announced that production in the layer in February totaled 3.268 million barrels of oil equivalent per day, growth of 2.3% compared to January. The volume surpassed the previous record of 3.142 million barrels of oil equivalent per day, recorded... Continue Reading →
(Reuters) - Brazil's desire for a faster change in Petrobras' fuel pricing policy (PETR4.SA) has caused friction between President Luiz Inacio Lula da Silva and the oil company's CEO, sources with knowledge of the matter told Reuters. Petrobras Chief Executive Jean Paul Prates, who took office in January after being appointed by Lula, has said several times... Continue Reading →
Brazil Energy Insight 