(Reuters) - Brazil's leftist presidential candidate Luiz Inacio Lula da Silva maintains a clear lead over right-wing President Jair Bolsonaro, a poll showed on Wednesday, as the candidates scrambled to win over voters ahead of an Oct. 30 runoff. The survey by IPEC taken over the three days since the first-round vote found Lula with 51% voter... Continue Reading →
PRIO Sept. 22 Operational Data
Petro Rio S.A. (“PRIO”), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of September. Obs:(1) The MUP3A well, in the Frade Field, had its production temporarily interrupted due to a failure in the completion equipment, and will be repaired during the fourth quarter. (2) Manati... Continue Reading →
Enauta 3Q22 production dropped 50% compared to 2Q22
Enauta's production in September totaled 10,400 barrels of oil equivalent per day, the same level as the previous month, according to a new report released by the company. The Atlanta field, the company's main asset, saw its production grow from 3,000 barrels a day in August to 5,500 barrels in September. This is due to... Continue Reading →
MODEC and Aibel hand out deals for ‘one of the largest FPSOs ever delivered to Brazil’
(OEM) Japan’s FPSO provider MODEC and Norway’s Aibel have picked Axess Group, an integrity and engineering solutions provider, for inspection and certification work on a floating, production, storage and offloading (FPSO) vessel bound for an Equinor-operated field off Brazil. Axess Group revealed on Tuesday that it has secured two contracts – one with MODEC and the other one... Continue Reading →
Petrobras on P-82 construction contract
Petróleo Brasileiro S.A. – Petrobras informs that today it signed a contract with Sembcorp Marine Rigs & Floaters for the construction of the P-82 platform, as a result of the advancement of the Búzios field development project, in the Santos Basin pre-salt area. The P-82 will be of the FPSO type and will have the... Continue Reading →
Valaris Secures Rig Contract Extensions Worth $95M
Offshore drilling company Valaris has secured new contracts and contract extensions worth $95 million in total. The contracts were awarded subsequent to the issuing of Valaris' most recent contract awards and fleet status update on September 1, 2022. The contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements. In Brazil, TotalEnergies... Continue Reading →
OneSubsea to install Christmas trees in Petrobras fields
A new and very important contract for OneSubsea. The company announced that it signed an agreement that contemplates the installation of 12 underwater Christmas trees in fields that are operated by Petrobras. The contract is valued at between $100 million and $150 million. In addition, OneSubsea is very close to signing another major contract with... Continue Reading →
Petrobras Taps Shearwater for Large OBN Survey Offshore Brazil
Shearwater GeoServices Holding AS said Monday it had won a contract in Brazil for a large deepwater ocean bottom node (OBN) survey. The company will conduct the survey over the Petrobras-operated Grand Iara Project, involving the Berbigão, Sururu, and Shared Reservoir of Atapu, in the Santos Basin offshore Brazil. The project is scheduled to start... Continue Reading →
Lula and Bolsonaro in the second presidential round, their proposals for the energy sector
(PN) The decision on who will run the country for the next four years will be decided on the 30th. With 99.90% of the votes counted, former president Luiz Inácio Lula da Silva (PT) has 48.41% of the valid votes, against 43.22% of his opponent, the incumbent president Jair Bolsonaro. The counting of votes showed... Continue Reading →
Bolsonaro’s strong showing in Brazil vote may boost markets, bankers say
(Reuters) - Stronger-than-expected support for Brazil's President Jair Bolsonaro in the first round of a presidential election may provide a boost for Brazilian financial markets on Monday, said bankers and analysts, as the race went to an Oct. 30 runoff. Bolsonaro's leftist challenger, former President Luiz Inacio Lula da Silva, fell short of clinching victory in the... Continue Reading →