Brought to you by Quest Offshore & Southern Cone Consultants
(Reuters) - Brazil's leftist President-elect Luiz Inacio Lula da Silva on Friday picked a trusted ally, former Sao Paulo Mayor Fernando Haddad, as his finance minister, ending days of speculation over a key appointment. Lula is set to take office on Jan. 1 after narrowly defeating far-right incumbent Jair Bolsonaro in October. Lula also chose career... Continue Reading →
As we enter the final month of 2022, a review of the floating production system (FPS) market revealed that some E&Ps have been bold with investments in the development of their oil and gas (O&G) reserves, with a total of 1.9 mmboepd (1.3 mmbpd of oil and 3.8 bcfd of gas) of FPS throughput capacity... Continue Reading →
Petro Rio S.A. (“Company” or “PRIO”) (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of November. Key:(1) The MUP3A well, in the Frade Field, had its production temporarily interrupted due to a failure in the completion equipment, with expected resumption in January. (2) The... Continue Reading →
Petro Rio S.A. ("Company" or "PRIO") (B3: PRIO3) following the Material Facts disclosed on September 1 and October 3 and 24, 2022, informs that the incorporation of all of the common shares that compose the capital stock of Dommo to the equity of Petro Rio OPCO Exploração Petrolífera S. A. ("OpCo"), subsidiary of Petro Rio... Continue Reading →
The global deep-water drilling giant Transocean has been awarded contracts in Brazil worth $1.04 billion for two ultra-deepwater drillships. Transocean said its drillships Deepwater Corcovado and Deepwater Orion would work offshore Brazil for a national oil company. Deepwater Corcovado was awarded a four-year contract, which contributes an estimated $583 million in backlog and is expected... Continue Reading →
Offshore accommodation provider Prosafe has been awarded a contract by Petrobras for the provision of the Safe Zephyrus semi-submersible vessel for safety and maintenance support offshore Brazil. Prosafe was declared the winner of a bidding process launched by Petrobras for the provision of the Safe Zephyrus semi-submersible unit in November. A potential contract award and the timing of the contract... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that CEO Caio Mário Paes de Andrade has accepted the invitation from future Governor Tarcísio de Freitas to be a member of the next São Paulo state government staff. In the coming weeks, CEO Caio will continue in his current role and will not participate in the transition in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/27/2022, informs that it has started today the binding phase concerning the sale of all its equity interest, corresponding to 34.54% of the total capital, in the company METANOR S/A - Metanol do Nordeste (Metanor), headquartered in Camaçari, in the state of Bahia.... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras (Company), continuing the notices released on October 31, 2022, and November 16, 2022, hereby informs that the public offering of real estate receivables certificates (CRI), in three (3) series, comprising the first (1st), second (2nd) and third (3rd) series of the (sixty-seventh) (67th) issuance of Opea Securitizadora S.A., backed by... Continue Reading →
Marine seismic data specialists TGS and PGS have jointly secured pre-funding for the Santos Sul Multi-client 3D project in the southwest Santos Basin offshore Brazil. The TGS/PGS collaboration combines the operational and technical strengths of both companies to provide high-quality multi-client data and timely delivery, which are critical to the exploration efforts in this area. The... Continue Reading →
