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(TN) Pre-Sal Petróleo (PPSA) is selling the first oil cargo from the Sepia production sharing contract. The company sent an invitation letter to the market for ten companies that already registered for operations in the pre-salt layer, offering, through direct sales, a load of 500 thousand barrels for loading in the last quarter of the... Continue Reading →
(Reuters) - Brazilian antitrust regulator CADE on Tuesday approved the sale of Petrobras' (PETR4.SA) REMAN refinery to Ream, which is part of the Atem group, but decided the buyer will have to take measures to guarantee that other fuel distributors have access to the plant's waterway terminal. The approval with restrictions came in a 6-1 CADE board... Continue Reading →
(Valor) The great challenge to develop offshore wind power generation projects is to adjust risk and return, said the director of institutional relations and sustainability at Petrobras, Rafael Chaves, in a presentation to executives during the Offshore Northern Seas (ONS), Europe's largest energy event, in Stavanger, Norway. Chaves said that a multidisciplinary group within Petrobras... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 05/31/2022, informs that the binding phase concerning the full sale of the Nitrogen Fertilizer Unit III (UFN-III) is underway. Potential buyers qualified for this phase, in accordance with the criteria published in the teaser, received a process letter with detailed instructions on the... Continue Reading →
(Reuters) - Brazil's Petrobras said on Monday it will cut aviation gasoline prices for distributors by 15.7% starting Sept. 1. The move marks the second time in recent weeks that the state-run oil firm has lowered gas prices for the sector, following a 5.7% decrease in early August.
(PN) Even with the Permanent Offer assuming the role of the main modality of bidding for oil and gas areas in the country, the government seems not to have given up on holding at least one more traditional round with pre-salt areas. This week, the board of the National Petroleum Agency (ANP) approved the geological... Continue Reading →
(Reuters) - Trafigura has been prevented from bringing fuel to Mexico months after the lifting of import restrictions on the global commodities trader, federal court documents showed, underscoring the roadblocks that foreign energy companies continue to face. The Geneva-based company in April convinced a federal court judge in Mexico City to lift the suspensions, according... Continue Reading →
(TN) Oil States Brasil announces the signing of another contract with Petrobras for subsea wellhead systems services. Services include maintenance, support, management, planning and control of equipment, tools, bases and accessories, including the supply of parts. The signed contract is part of Oil States Brasil's strategy to further diversify its portfolio, representing an increase in... Continue Reading →
PRIO (PetroRio) announced that it has resumed production at the Frade field, in the Campos Basin. Operation in the area had been suspended since August 16, after a breakdown in the inert gas line of the FPSO operating in the concession. “The Company thanks all the teams involved in the work necessary for the return... Continue Reading →
(Valor) After completing what it classifies as its third wave of growth, Companhia Brasileira de Offshore (CBO) will “hibernate” to absorb the acquisition of ten offshore support vessels before starting a new expansion cycle. With 44 vessels, the company is one of the largest in the country in offering this service to oil companies. At... Continue Reading →
Brazil Energy Insight 