(Reuters) - Brazil's state oil producer Petroleo Brasileiro SA needs to invest more in natural gas and set a path to return to its former role as an integrated energy provider, one of the top prospects to be Petrobras CEO told Reuters in an interview. Magda Chambriard, a former Brazil oil regulator, also said she does not... Continue Reading →
Petrobras’ Efforts to Drill in Brazil’s Foz do Amazonas Block Stalled by License Issues
Brazilian state-run oil company Petroleo Brasileiro SA is struggling to get a license that it needs to drill the ultra-deep waters of the Foz do Rio Amazonas Basin this year as planned, a source close to the matter told Reuters on Thursday. Petrobras has been spending millions of dollars a day to mobilize personnel and... Continue Reading →
Ocyan wins three rig contracts with Petrobras offshore Brazil
(TN) Brazilian oilfield services player Ocyan has secured a trio of contracts with Petrobras. The drilling services company participated in the oil company's bid to charter deepwater drilling units. Of the 12 units in dispute, in the three proposed lots, Ocyan won in lot 2 with two assets (ODNI I and ODN II) and in... Continue Reading →
Argentina gets $689 mln from Brazil development bank for Vaca Muerta pipeline
(Reuters) - Argentina has secured financing of $689 million from Brazilian state development bank BNDES for the second stage of a crucial natural gas pipeline in the huge Vaca Muerta shale region, energy secretary Flavia Royon said on Monday. The pipeline, which will hugely increase the country's gas transport capacity, will help Argentina "to achieve... Continue Reading →
Petrobras on the Bahia Terra Cluster
Petróleo Brasileiro S.A. – Petrobras informs that, after an audit carried out by the National Agency of Petroleum, Natural Gas, and Biofuels (ANP), it received, on 12/12/2022, an interdiction notice for the shutdown of operations in 37 onshore oil and gas production facilities in Bahia. The Company is taking the necessary measures for the safe... Continue Reading →
DNV Recertifies Petrojarl I FPSO, Enabling Two-year Charter Extension, Enauta Says
The Brazilian oil and gas company Enauta said Tuesday that classification society DNV had issued the recertification for the Petrojarl I FPSO, enabling a contract extension for the production unit. The Petrojarl I FPSO is an early production system used for production at Enauta's Atlanta field. Enauta is working to deploy a larger FPSO -... Continue Reading →
Petrobras on the CDP
Petróleo Brasileiro S.A. – Petrobras informs that has become part of the list of global companies that stand out in climate change mitigation actions, as announced by the international organization CDP, formerly known as the Carbon Disclosure Project. The company received an A- rating in recognition of its good practices on this topic and as... Continue Reading →
Eletrobras, Shell Mull Co-investment in Brazil Offshore Wind Power
(Reuters) Brazilian power company Eletrobras and Shell have signed a cooperation agreement to exchange information as they mull a potential co-investment in offshore wind power in the South American country, Eletrobras said on Thursday. The move marks another step for Shell in the sector in Brazil, where it already has several offshore wind projects pending... Continue Reading →
Ibama green lights start of P-71 production and authorizes installation of FPSO Marechal Duque de Caxias
(TN) The Brazilian Institute of the Environment (Ibama) has granted two important licenses to Petrobras. The first authorizes the start of operations of FPSO P-71 in the Itapu field, in the Santos Basin pre-salt. The document will be valid for eight years. Petrobras expects to start operating the platform in December. As a reminder, the... Continue Reading →
ANP holds 1st Cycle of the Permanent Production Sharing Offer on December 16
ANP will hold on December 16, in Rio de Janeiro, the public session of the 1st Cycle of the Permanent Production Sharing Offer (OPP). There will be 11 blocks on offer, four in the Campos Basin and seven in the Santos Basin. See the blocks on offer: Campos Basin - Agua Marinha; Norte de Brava;... Continue Reading →