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As energy security concerns continue to grow unabated due to the current geopolitical crisis, Rystad Energy, an energy intelligence group, has predicted that the considerable drop in the total recoverable oil worldwide from last year’s figures represents another threat to global energy security. Each year Rystad Energy releases its own analysis of the global energy... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 04/28/02, informs that it has today finalized the sale of its entire interest (27.88%) in Deten Química S.A (Deten), located in the industrial complex of Camaçari, in the state of Bahia, to the company Cepsa Química S.A, which already has an indirect interest... Continue Reading →
Oilfield services firm TechnipFMC has signed a letter of intent with the Norwegian oil company Equinor for an integrated Front End Engineering and Design (iFEED) study on its BM-C-33 project offshore Brazil. The study will finalize the technical solution for the proposed gas and condensate greenfield development in the pre-salt Campos Basin before Equinor makes its final investment decision (FID). The FEED study includes an option to proceed with a direct award to TechnipFMC for the integrated Engineering, Procurement, Construction and Installation (iEPCI) phase of the... Continue Reading →
Norwegian oil and gas company Equinor has awarded the drilling contractor Valaris a 540-day drilling contract for the Valaris DS-17 drillship. The offshore drilling contract is for operations in Brazil and is scheduled to start in 2023. Under the contract awarded by Equinor on behalf of the Bacalhau license partners, the Valaris DS-17 drillship will drill an... Continue Reading →
(epbr) It is Petrobras' culture to develop petroleum frontiers of high geological complexity, demanding development and application of the most daring technologies. From the pioneering onshore exploration activities to the pre-salt layer, the company has stood out for creating innovative solutions to enable the exploration of these areas, helping to strengthen the national industry, energy... Continue Reading →
(BW) KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has acquired KNOT Shuttle Tankers 35 AS, the company that owns the shuttle tanker, Synnøve Knutsen, from Knutsen NYK Offshore Tankers AS (“KNOT” “Sponsor”) (the “Acquisition”). The purchase price of the Acquisition, which has been financed on... Continue Reading →
Enauta started the scheduled shutdown of the Atlanta field, in the Santos basin. The expectation is that the operation of the field will be resumed in August. During the stoppage of production of the asset, the company intends to carry out a series of activities to meet the regulatory requirements of the Ministry of Labor.... Continue Reading →
3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), in compliance with provisions of article 12 of CVM Resolution No. 44, communicates to its investors and the market in general that received on June 30, 2022, notice from Banco BTG Pactual S.A. (“BTG Pactual” or “Bank”) informing about the change in its equity interest in... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 10/22/21, informs that it signed an agreement today with the National Agency of Petroleum, Natural Gas and Biofuels (ANP) relating to the collection of royalties on the operation of the Shale Industrialization Unit (SIX), located in São Mateus do Sul, state of Paraná,... Continue Reading →
(OP) Latin America’s largest economy Brazil is experiencing a massive offshore energy boom which has seen the country overtake Venezuela and Mexico in little over a decade to become the region’s largest oil producer. This is driven by pre-salt petroleum discoveries in offshore Brazil, with the first being made by national oil company Petrobras in the Santos... Continue Reading →
