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(PN) OneSubsea, which is part of the SLB group (formerly Schlumberger), signed a new contract for the supply of subsea equipment for Petrobras. The new agreement encompasses the delivery of 15 wet Christmas trees and electro-hydraulic distribution units in phase 11 of the Buzios field, in the Santos Basin. The contract has an estimated value... Continue Reading →
- PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices incorporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of May. Key: (1) The figures refer to PRIO's 90% interest in Albacora Leste, assuming production throughout the month. As the acquisition’s closing happened on January 26, 2023, the field... Continue Reading →
(OE) Norwegian company TGS which provides oil and gas firms with seismic data for offshore exploration, on Wednesday announced the Amazonia Azul 2D-cubed project, "the first of its kind offshore Brazil." The project, according to TGS, expanded its multi-client data coverage in the area and aimed to improve knowledge of the Brazil Equatorial Margin region.... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that it has initiated discussions with Unigel Participações S.A. (Unigel) to analyze joint business involving opportunity development in the areas of fertilizers, green hydrogen and low-carbon projects, in line with the revision of the strategic elements for Petrobras' Strategic Plan 2024-2028 (SP 2024-28), as disclosed to the market on... Continue Reading →
Dutch thermoplastic composite pipe (TCP) producer Strohm has secured a contract with Brazilian oil and gas company PRIO, formerly PetroRio, to provide its composite pipe solutions for a field offshore Brazil. Under the award, Strohm has already delivered two sets of TCP Jumpers for gas lift service, one 1,300 meters long and one 900 meters long, for... Continue Reading →
Japan’s MODEC has confirmed the start of production from a new floating production storage and offloading (FPSO) vessel, which is deployed at Petrobras’ giant deepwater oil field in the pre-salt Santos Basin off the coast of Brazil. MODEC announced on Monday, 5 June 2023, that the FPSO Almirante Barroso MV32, deployed for production operations at the Búzios... Continue Reading →
(OE) Skandi Buzios, a pipelay support vessel owned by TechnipFMC and DOF, reportedly caught fire Friday morning in a Brazilian port. The Brazilian media and some social media accounts on Friday showed images and videos of the burning vessel with thick smoke billowing above it and firefighters trying to quell the fire. The incident reportedly happened at... Continue Reading →
(Reuters) - A group of U.S. congressmen have formally complained about what they call unfair ethanol trade practices by Brazil that includes a blockade of U.S. companies seeking to take part in the Brazilian low-carbon biofuel program RenovaBio. The bipartisan group of 21 members of the U.S. Congress are asking Trade Representative (USTR) Katherine Tai... Continue Reading →
(PN) The Peregrino field, in the Campos Basin, reached a production of 110,000 barrels of oil per day (bpd) this year, the limit of the FPSO which operates in this field. Peregrino is operated by Equinor (60%), which has Sinochem (40%) as a partner in the field. It is Equinor's first asset in Brazil and... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, regarding the pieces of news released in the media, confirms that it met with executives from the Apollo fund and Adnoc, in which occasion it discussed Petrobras' position in the Brazilian petrochemical sector, which is currently under analysis as part of the preparation of its Strategic Plan 2024-28. The company... Continue Reading →
