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 it became aware today that the operational license referring to the fields of Ubarana, Ubarana Oeste and Cioba, in the Potiguar basin, part of the... Continue Reading →
Petrobras on Braskem
Petróleo Brasileiro S.A. – Petrobras informs that it has received a letter from Apollo Management X, L.P. ("Apollo") and ADNOC International Limited ("ADNOC") with information about the non-binding proposal for the acquisition of Novonor S.A.'s interest in Braskem. The information was forwarded to Petrobras due to the fact that the Company is Braskem's second largest... Continue Reading →
Lula’s coalition roiled by decision to block Petrobras’ Amazon project
(Reuters) - A decision by Brazil's environmental regulator to block state-owned oil company Petrobras' Amazon oil project has exposed tensions in President Luiz Inacio Lula da Silva's coalition between green advocates and those prioritizing economic development. Ibama, late on Wednesday, said it would block a request by state-run oil giant Petrobras (PETR4.SA) to drill at the Amazon mouth near... Continue Reading →
Petrobras on environmental licensing process for Block FZA-M-59 in Amapá Águas Profundas
Petróleo Brasileiro S.A. – Petrobras informs that it has received news about IBAMA's rejection, yesterday, of the environmental licensing process for Block FZA-M-59 in Amapá Águas Profundas. The company also informs that it has not been officially notified by the agency, and as soon as it is notified it will formulate a request for reconsideration... Continue Reading →
IBAMA Rejects Petrobras’ Request to Drill at the Foz do Amazonas Basin
The Brazilian environmental protection agency Ibama said on Wednesday it had rejected a request from state-run oil company Petrobras (PETR4.SA) to drill an exploratory well, Morpho, 175 km from the coast and depth of 2,880 mts at the Foz do Amazonas Basin The much-awaited decision follows a technical recommendation by the agency's experts to reject the proposal.... Continue Reading →
Perenco completes hookup of FSO at Pargo cluster offshore Brazil
(OM) Hookup operations have finished on the converted Pargo floating storage and offloading vessel (FSO) on the Pargo cluster in the Campos Basin offshore Brazil. Operator Perenco Brazil now plans to submit final documents to the country’s regulatory authorities to obtain an operations license for the FSO. The program included connection of nine mooring lines and the... Continue Reading →
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 →
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 →
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 →
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 →