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Petróleo Brasileiro S.A. – Petrobras, following up on the releases of 09/29/2021, 10/04/2021 and 03/04/2022, informs that it has received today the amount of R$ 10.3 billion, equivalent to US$ 1.9 billion by the PTAX exchange rate of 11/24/2022, related to the assignment of 5% of its participation in the Production Sharing Contract of the... Continue Reading →
(Reuters) - Brazil's incoming leftist government will not have an interventionist stance on state-run oil giant Petrobras (PETR4.SA), a member of the transition team for President-elect Luiz Inacio Lula da Silva said on Thursday. Senator Jean Paul Prates told reporters that the future administration had no intention of causing a "breakdown" of the company and that... Continue Reading →
(TN) The FPSO Anna Nery left the BrasFELS shipyard, in the city of Angra dos Reis (RJ), and headed for its final destination, the Marlim field, in the Campos Basin. The vessel has the capacity to produce up to 70,000 barrels of oil per day and process up to 4 million m³ of gas per... Continue Reading →
(OET) Norway-based shuttle tankers owner and operator Knutsen NYK Offshore Tankers AS (KNOT) has ordered another shuttle tanker for time charter with Brazilian oil and gas giant Petrobras. On 21 November, KNOT signed a contract with Chinese shipyard Cosco Shipping Heavy Industry (Zhoushan) for the construction of a 154,000 cbm Suezmax dynamic positioning (DP2) shuttle tanker.... Continue Reading →
(Reuters) - The head of Brazil's electoral court Alexandre de Moraes on Wednesday rejected a complaint from President Jair Bolsonaro's allies to challenge the presidential election, which the incumbent lost by a small margin, according to a court document. Leftist ex-President Luiz Inacio Lula da Silva narrowly defeated Bolsonaro in the Oct. 30 runoff election, marking a... Continue Reading →
(Reuters) - Brazilian President Jair Bolsonaro has challenged the election he lost last month to leftist rival Luiz Inacio Lula da Silva, according to a complaint filed with electoral authorities that alleges votes from some voting machines should be "invalidated." Bolsonaro's claim seems unlikely to get far, as Lula's victory has been ratified by the... Continue Reading →
(Reuters) - Brazil's incoming government will look to revoke a decision to keep the mandatory blend of biodiesel in diesel at 10% until March 31, 2023, a member of the transition team for President-elect Luiz Inacio Lula da Silva said on Tuesday. Senator Carlos Favaro said the Lula administration would "reaffirm" its commitment with the... Continue Reading →
(Reuters) - The transition team for Brazil's President-elect Luiz Inacio Lula da Silva asked the current administration to halt ongoing asset sales by state-run oil giant Petrobras (PETR4.SA) until a new Mines and Energy Minister is appointed, a member of the group said on Tuesday. The remarks by Professor Mauricio Tolmasquim, tapped last week to participate in the mining... Continue Reading →
(PN) The Ministry of Mines and Energy gave the seal of “priority” to the project to implement the new FPSO in Enauta's Atlanta field, located in the Santos Basin. As a reminder, the new platform will be used in the field's definitive production system. The FPSO OSX-2 (renamed FPSO Atlanta), which will be used in... Continue Reading →
(PN) Australian Karoon Energy announced that it has concluded the drilling of the PAT-2 well in the Patola prospect, located in the Santos Basin. The well was drilled with the Noble Developer rig (formerly known as Maersk Developer) and reached a total depth of 2,313 meters. According to the company, the preliminary interpretation of the... Continue Reading →
Brazil Energy Insight 